Director, Real Estate Loan Asset Management

RBC Real Estate Capital Partners

RBC Real Estate Capital Partners (RECP) is a leading provider of debt capital to premier, institutional real estate sponsors. RECP's mandate is to originate debt secured by stabilized and transitional assets across all major commercial real estate asset classes, in both single asset and portfolio investments. RECP acts as principal, deploying RBC Capital Markets' balance sheet by originating senior mortgage, mezzanine, loan-on-loan, and revolving facilities.

RECP focuses on core and major regional markets in the US, UK, Europe, Australia, and Canada. With a small team of dedicated professionals in Dallas and London, over the past decade RECP has participated in over $42 billion of mortgage, mezzanine and loan-on-loan financings.

What is the opportunity?

RECP Dallas is looking for a qualified real estate professional to oversee RECP's North American and Australian loan book, with a focus on the supervision of RECP's exposure and the active management of loan positions. Together with the originations team, the candidate will maintain relationships with client contacts in the US, Australia, and Canada, as well as internal RBC partners in critical support groups based in Toronto and NY.

What will you do?

• Develop and lead strategic initiatives to enhance and optimize the asset management platform
• Active monitoring of the RECP Dallas loan portfolio, which is comprised of assets in the US, Australia, and Canada, while regularly engaging with internal and external stakeholders
• Provide direction and assistance to asset management Analysts / Associates
• Analyze and approve key deal-level decisions, including lease approvals, and coordinate potential facility modifications
• Contribute to and oversee the ongoing production of comprehensive portfolio review and analysis presentations (e.g. revenue forecasts, stress tests, exposure concentration analyses, etc.)
• Lead recurring Asset Management Updates, which include ongoing qualitative and quantitative analysis of the RECP loan portfolio and real estate collateral
• Oversee third party loan servicers and internal RBC transaction management teams in monitoring of loan covenants and performance
• Interact with borrowers to get regular, detailed performance updates on the real estate assets collateralizing the portfolio
• Participate in site inspections of ongoing capital work and evaluate business plan execution progress
• Prepare co-lender reporting packages, where applicable, while managing information requests and consents required by co-lenders on lender approval requests received from borrowers
• Manage external and internal reviews of the loan portfolio

What do you need to succeed?

• Bachelor's degree or higher
• 10+ years of experience in the commercial real estate sector (asset management, servicing, banking, finance or investing)
• Robust verbal and written presentation capabilities
• Excellent data management and Excel cash flow modelling skills
• Argus experience
• Self-motivated, with ability to work both autonomously and in a highly collaborative, team based environment
• Ability to prioritize, multi-task and meet tight timelines
• Willingness and ability to travel

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program that includes competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.