Full-Time
Vice President
Multiple Teams
Royal Bank of Canada
10,001+ employees
Global banking, wealth management, and insurance
Compensation Overview
$140k - $160k/yr
Cleveland, OH, USA + 1 more
More locations: Charlotte, NC, USA
In Person
Bachelor's, MBA, Bachelor of Business Administration (BBA)
 Accounting (2) |
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- A Bachelor of Business Administration in Finance or Accounting is required.
- Two to four years of experience in a similar role or in positions building relevant skills in partnership taxation, real estate finance, property operating budgets, financial analysis, and relationship management are required.
- Proficiency in Microsoft Outlook and Microsoft Office applications is required.
- Excellent written communication skills are required.
- Experience presenting and superior verbal communication skills are required.
- Manage a portfolio of Low Income Housing Tax Credit Investment Funds.
- Develop business rapport with Investor client staff by providing financial expertise and market-relevant reporting.
- Collaborate with the Syndications team to provide customer service to Investors.
- Respond to Investor inquiries regarding property operations, performance, Fund-level tax returns, and audits.
- Solicit feedback on reporting requirements and presentation preferences to develop value-adding reports.
- Lead preparation and presentation of portfolio reporting and pitch books with the Syndications team.
- Deliver accurate and timely reports, audits, tax returns, and K-1s to Investors.
- Analyze current performance and future projections of individual properties in the Investor portfolio.
- Assist the Asset Management team with financial analysis related to property operations and overall performance.
- Develop knowledge of generally accepted accounting principles, partnership taxation, and the Section 42 Low Income Housing Tax Credit program.
- Prepare and review work papers that roll lower-tier tax return data into a Fund-level tax return.
- Manage completion and delivery of Fund-level audits and tax returns to Investors through communication with external auditors.
- Discuss issues affecting accurate tax-return and audit reporting with Asset Management and General Partners.
- Review quarterly Investor reports detailing projected annual loss and credit benefits.
- Update fund summary models with final or draft tax-return and audit data for previous operating years.
- Analyze current property operations against historical trends and develop projected future operations analysis.
- Determine the current Internal Rate of Return on Investor investments at the Fund level.
- Prepare Federal, Historic, and State tax-credit benefit analyses.
- Prepare net operating income/loss benefit analyses.
- Prepare portfolio books detailing Investor benefit analyses using data, charts, graphs, and text.
- Extract data for property capital-account analyses, actual and projected Investor benefits, and overall Fund-performance summaries.
- Analyze capital accounts, including capital-account balances, minimum-gain recognition, and potential loss reallocation resulting from capital-account depletion.
- Provide guidance on methods for maintaining Fund capital through loss reallocation to preserve Investor tax credits and/or losses.
- Review monthly Fund-level general-ledger entries and update Fund-level capital-contribution schedules.
- Review and approve capital-contribution funding requests and coordinate with Accounting to meet Investor and developer requirements.
- Execute wire transfers for capital-funding requests from lower-tier properties.
- Calculate and review lower-tier adjuster calculations affecting capital funding at Investor and property levels.
- Review and approve accounts-payable invoices for outside-vendor services related to lower-tier property administration.
- Update models with current financial and tax-return data for Investor portfolio reviews and property re-syndication events.
- Oversee functions performed by Fund Analysts and Associates.
- Identify operational risks and control deficiencies.
- Review and comply with firm policies applicable to business activities.
- Escalate operational risk events, control deficiencies, and identified risks to the line manager and relevant risk and control functions.
- A combination of Marketing and Finance degrees may be considered.
- An MBA is preferred.
- A Certified Public Accountant qualification is preferred.
- Understanding of the Internal Revenue Service Section 42 Low Income Housing Tax Credit program is preferred.
- Supervision of exempt-level professionals is preferred.
What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.
Company Size
10,001+
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
1864
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Simplify's Take
What believers are saying
- Q2 2026 net income hit $5.5 billion, up 25%, driven by all segments.
- Wealth Management income rose 28% and Capital Markets rose 23% year over year.
- Moneris sale should add about C$475 million after-tax gain in fiscal 2027.
What critics are saying
- FCAC fined RBC C$4.25 million for inaccurate credit card statements across 227,947 accounts.
- CIRO sanctioned RBC Dominion Securities with C$1.5 million fine and C$1.8 million disgorgement.
- Repeated controls failures invite stricter OSFI and FCAC oversight by 2027.
What makes Royal Bank of Canada unique
- Canada's largest bank pairs mass retail deposits with top-tier wealth and capital markets.
- RBC's 13.5% CET1 and $4 billion quarterly returns signal fortress balance-sheet depth.
- Moneris sale keeps RBC embedded in Canadian payments through exclusive referral arrangements.
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Benefits
Professional Development Budget
Flexible Work Hours
Performance Bonus
Company News
RBC hiking fees on cash back Mastercard, but sweetening the rewards. Two RBC Mastercard options are getting a serious facelift in terms of benefits, but there are a few catches. RBC shared on Friday that there are changes coming to two of its cash back Mastercard options in October and December this year. Though a couple of the changes may irk cardholders (one of the cards' annual fee will go up by $21), the benefits are getting a serious facelift that'll be a net positive to most. Starting later this year, RBC Cash Back Preferred World Elite Mastercard and RBC Cash Back Mastercard cardholders will have new ways to earn cash back, with more flexible redemption and no spend cap on earning cash back, among other things. At a glance, you can expect the following changes: Changes to the RBC Cash Back Preferred World Elite(R) Mastercard(R)- source: RBC, "Updates to RBC Cash Back Credit Cards" Effective October 1, 2026 | What's changing | Current | New | | Annual fee | $99 | $120 | | Additional (supplementary) cardholder fee | $0 | $50 per additional card | | Purchase interest rate (APR)* | 20.99% | 21.99% | | Cash back - groceries, dining, restaurants & food delivery | Up to 1.5% | 3%, unlimited | | Cash back - gas, EV charging, public transit & rideshare | Up to 1.5% | 3%, unlimited | | Cash back - streaming & digital gaming (new category) | Up to 1.5% | 3%, unlimited | | Cash back - all other purchases | Up to 1.5% | 1%, unlimited | | Annual spending cap on cash back earning | Bonus rate applied on first $25,000/yr in purchases; 1% earned above that | No cap - full rate applies to every eligible purchase | | Insurance coverage | Not included | Adds Out of Province/Country Emergency Medical Insurance, Flight Delay & Delayed Baggage Insurance, and Mobile Device Insurance | Effective December 2, 2026 | What's changing | Current | New | | Minimum redemption amount | $25 | $1 | | How to redeem | By phone only | Online Banking, RBC Mobile app, or by phone | | Redemption timing | Cash back automatically redeemed once a year, in December | Redeem anytime, in any amount above the $1 minimum - no automatic annual redemption | | Opt-out option | - | Cardholders can close the account or switch to another RBC credit card at no cost, penalty, or cancellation indemnity by notifying RBC before Dec 30, 2026 | *The new purchase interest rate takes effect on the first day of the cardholder's statement period beginning on or after October 1, 2026. Details reflect RBC's official update notice as of August 21, 2026; confirm current terms at rbcroyalbank.com before publishing, as issuers can revise terms. RBC Cash Back Mastercard. Changes to the RBC Cash Back(R) Mastercard(R)(no annual fee card) - source: RBC, "Updates to RBC Cash Back Credit Cards" Effective October 1, 2026 | What's changing | Current | New | | Purchase interest rate (APR)* | 20.99% | 21.99% | | Cash back - groceries | 2% on the first $6,000/yr, then 1% after | 2%, unlimited | | Cash back - gas, EV charging, public transit & rideshare (new dedicated category) | Counted as "other purchases": 0.5% on the first $6,000/yr, then 1% after | 1%, unlimited | | Cash back - all other purchases | 0.5% on the first $6,000/yr, then 1% after | 0.5%, unlimited | | Annual spending cap on cash back earning | Bonus rate applied on first $6,000/yr per category; rate changes above that | No cap - full rate applies to every eligible purchase | Effective December 2, 2026 | What's changing | Current | New | | Minimum redemption amount | $25 | $1 | | How to redeem | By phone only | Online Banking, RBC Mobile app, or by phone | | Redemption timing | Cash back automatically redeemed once a year, in December | Redeem anytime, in any amount above the $1 minimum - no automatic annual redemption | | Opt-out option | - | Cardholders can close the account or switch to another RBC credit card at no cost, penalty, or cancellation indemnity by notifying RBC before Dec 30, 2026 | *The new purchase interest rate takes effect on the first day of the cardholder's statement period beginning on or after October 1, 2026. The annual fee ($0) and insurance benefits (Purchase Security & Extended Warranty Insurance) are not changing for this card. Details reflect RBC's official update notice as of August 21, 2026; confirm current terms at rbcroyalbank.com before publishing, as issuers can revise terms. What else should I know about these RBC cash back Mastercard options? The RBC announcement comes days after Scotiabank told customers it will lower cash back rates for rent and tax payment in the Scotia Momentum lineup in October, leaving many disappointed, confused, and rushing to social media to complain and ask questions. In online discussions, cash back hunters are wondering if RBC's accelerated grocery cash back rate applies to Costco purchases. "This would be the only reason I would consider picking this up," one person said on the Personal Finance Canada subreddit. Unfortunately, it's not the case. If you're looking for grocery shopping benefits, RBC specifies that it does not classify Costco and Walmart as traditional grocery stores, but as warehouse clubs. This means the accelerated 2% grocery cash back won't apply, and you'll earn 0.5% cash back starting October 1. This is a loss for those who shop for groceries at Walmart and Costco frequently, because under the current policy, you get 0.5% more cash back in the "everyday purchases" category on both cards. There will be no changes to RBC partner perks and savings for either card. According to RBC, perks include your ability to: * Save 3¢/L saving fuel and earn 20% more Petro-Points when you pay with an eligible linked RBC Credit Card * Get 3x Canadian Tire Money when you link your eligible RBC card to your Triangle Rewards account, scan your Triangle Rewards card and pay with your linked RBC card * Link your RBC Credit Card and earn 50 Be Well(TM) points on every $1 spent on eligible purchases at Rexall * Add your RBC Credit Card to your DoorDash account and get a free 12 month DashPass subscription For the RBC Cash Back Preferred World Elite Mastercard, you'll continue to: * Get exclusive access to The Mastercard Collection, experience exceptional global access to dining, entertainment and travel benefits * Shop, dine and relax with partners to receive Mastercard Travel Rewards cash back offers, using your RBC Cash Back Preferred World Elite Mastercard when you travel outside Canada * Enjoy Mastercard Travel Pass provided by Dragon Pass Membership, which gives you access to 1,300+ airport lounges worldwide, and access to exclusive offers from luxury retailers The upcoming changes may not be worth it to every cardholder. You can cancel your credit card without cost, penalty or cancellation indemnity by notifying RBC before December 30, 2026, and by paying the total amount you owe on your credit card account. "If you feel the enhanced product isn't right for you, you have the option to switch to another RBC credit card product. This can be done through your Online Banking or Mobile Banking portal, or by contacting an advisor at 1-800-769-2512," RBC advises on its FAQ page. Article Continues Below Advertisement If you're shopping for a credit card that best suits your needs, check out Ratehub's CardFinder.
Swift Current Energy has secured a $750 million corporate credit facility, with an option to expand by $250 million to reach $1 billion in total capacity. The facility will support the development of clean energy projects across the United States. Crédit Agricole CIB served as administrative agent and coordinating lead arranger alongside ING Capital and Truist Securities. The dual-tranche facility has a three-year term and provides flexible access to cash and letter of credit capacity. Since its founding in 2016, Swift Current has commercialised 5 gigawatts of clean energy projects, owns and operates more than 1 gigawatt, and has over 10 gigawatts in development. Chief executive officer Michael Arndt said the financing provides flexibility to advance the company's platform and bring new energy resources online efficiently.
/PRNewswire/ -- Swift Current Energy (Swift Current) today announced it has closed a $750 million corporate credit facility, with an accordion option to...
Unlimit Mobile ties up with ICICI Bank Canada, RBC Royal Bank to add Mobile connectivity benefits to Student GIC journey. ANI | Updated: Aug 13, 2026 17:00 IST VMPLNew Delhi [India], August 13: Unlimit Mobile, a global eSIM connectivity brand owned by Zetexa Global, an India-based travel ancillary company, has established a referral partnership with ICICI Bank Canada and RBC Royal Bank for Indian students applying to study in Canada. Under this partnership, Unlimit Mobile connectivity credits will be packaged along with a Student Guaranteed Investment Certificate (GIC) - a crucial part of the student GIC application process - offering students a convenient, referral-linked solution for their entire study permit journey.How the Program WorksA Student GIC is a financial product accepted by Canadian immigration authorities as proof of funds for a student visa application. Indian students enrolling for higher education in Canada can register using Unlimit Mobile's referral link, which leads them to ICICI Bank Canada's SPP (Student Partners Program) online portal. During the application process, students would have the option to select if they have been referred by a consultant/agent. By answering 'yes' and providing the tracking codes, the referral can be traced and the award allotted.Once the student provides their documents and submits the application, ICICI Bank Canada provides the account number and remittance instructions instantly. Most provinces require a remittance amount of CAD 23,120, according to the student GIC guidelines, although this may vary province wise. Following the KYC completion the bank permits a funding of up to CAD 50,000.A payment may be made from either the student's bank account in India or their parent/spouse's bank account. The payment may be divided into a maximum of two transactions.It generally takes 2 to 4 days for funds to reflect in the student's ICICI Bank account, post which the ICICI Bank Canada Certificate is provided in another day.The mandatory KYC can be done with documents such as Aadhar card, PAN card, driving licence, voter ID, birth certificate and recent utility bills/bank statement not older than two months as long as these have been issued under the students name and the address/ DOB match is provided to the bank.The RBC Phase and Arrival ActionsThe second phase commences upon arrival in Canada. The student may activate their account online via the ICICI Bank Canada SPP app/website using their account number, passport number and date of birth provided during the ICICI application process and then open an RBC Royal Bank account by using the provided Referral Document from the previously mentioned stages. Post this, all GIC installments would be directly transferred and credited to the student's RBC bank account.Students opening an RBC student account are provided a student credit card with a credit limit of CAD 2,000, no prior Canadian credit history required, and no annual fee, alongside 2% cashback on groceries and 1% cashback on other eligible transactions. Students also get a nationwide network of over 1,200 branches and 4,200 ATMS. Students can opt to have their GIC money transferred into their RBC bank account in a single tranche or installments based on their setup of the ICICI GIC. Following 12 months, the ICICI Bank Canada account will continue as a no-fee remittance account for ongoing India-Canada bank transfers, as provided in Unlimit Mobile's partners page. The Connectivity IncentiveThe reward component of the partnership where Unlimit Mobile holds brand identity: CAD 120 is given as redeemable Unlimit Mobile credits (coins) to the Unlimit Mobile wallet upon opening, funding and verification of the student's GIC account. These credits are non-redeemable and can only be used against Unlimit Mobile's phone bills (up to 50% off the monthly bill amount); for example, students with a CAD 40 monthly bill will have CAD 30 from the coin balance applied, using up to 50% of the bill amount and paying the remaining CAD 20 by cash or card, leaving CAD 10 of credits for future use.The referral benefit is applicable for applicants from India, China, The Philippines, Vietnam, Morocco, Senegal and Nepal. The Indian student market represents one of the top origin countries in Canada's GIC program.Zetexa's standpointZetexa Global, through its brands Unlimit Mobile, ZetSIM (B2B, white label and API based B2B eSIM platform) and its various airport ancillary services like Meet & Greet, Fast Track and Business lounge access now extends their reach beyond travel planning and into the pre-departure, student-centric application journey. This partnership comes as the outcome of a noticeable shift where ancillary services providers are beginning to bundle services such as SIM connectivity, remittance and travel document management alongside visa consultation rather than offering these separately."While the GIC and visa application are only the first milestone for most students from India, maintaining connectivity and secure banking facilities upon arrival are a primary concern for them. By integrating Unlimit Mobile into the onboarding and banking processes with ICICI Bank Canada and RBC Royal Bank, we are assisting students even before they complete the formalities of leaving India," commented Amit Agarwal, Founder & CEO, Zetexa Global."This partnership is a natural extension of our approach to travel ancillary services, where banking, connectivity and on-ground support should not be independent decisions. We are excited to be part of the ICICI Bank Canada and RBC ecosystem for outbound students," said Amit Agarwal, Founder & CEO, and Srujan Yeleti, Founder & COO, of Zetexa Global.ICICI Bank Canada also provides a digital refund service through the SPP portal if a visa application is rejected after the GIC has been funded, as stated in the program's published terms.About Zetexa GlobalZetexa Global is an India based travel auxiliary company that owns international eSIM brands such as ZetSIM and Unlimit Mobile and provides white label and API based solutions for the telecom and banking industry through their B2B eSIM platform and airport ancillary services such as Meet & Greet, Fast Track and Business lounge access.(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
Unlimit Mobile ties up with ICICI Bank Canada, RBC Royal Bank to add Mobile connectivity benefits to Student GIC journey. 14 minutes ago India, August 13, 2026 - Unlimit Mobile, a global eSIM connectivity brand owned by Zetexa Global, an India-based travel ancillary company, has established a referral partnership with ICICI Bank Canada and RBC Royal Bank for Indian students applying to study in Canada. Under this partnership, Unlimit Mobile connectivity credits will be packaged along with a Student Guaranteed Investment Certificate (GIC) - a crucial part of the student GIC application process - offering students a convenient, referral-linked solution for their entire study permit journey. How the Program Works A Student GIC is a financial product accepted by Canadian immigration authorities as proof of funds for a student visa application. Indian students enrolling for higher education in Canada can register using Unlimit Mobile ' s referral link, which leads them to ICICI Bank Canada's SPP (Student Partners Program) online portal. During the application process, students would have the option to select if they have been referred by a consultant/agent. By answering 'yes' and providing the tracking codes, the referral can be traced and the award allotted. Once the student provides their documents and submits the application, ICICI Bank Canada provides the account number and remittance instructions instantly. Most provinces require a remittance amount of CAD 23,120, according to the student GIC guidelines, although this may vary province wise. Following the KYC completion the bank permits a funding of up to CAD 50,000. A payment may be made from either the student's bank account in India or their parent/spouse's bank account. The payment may be divided into a maximum of two transactions. It generally takes 2 to 4 days for funds to reflect in the student's ICICI Bank account, post which the ICICI Bank Canada Certificate is provided in another day. The mandatory KYC can be done with documents such as Aadhar card, PAN card, driving licence, voter ID, birth certificate and recent utility bills/bank statement not older than two months as long as these have been issued under the students name and the address/ DOB match is provided to the bank. The RBC Phase and Arrival Actions The second phase commences upon arrival in Canada. The student may activate their account online via the ICICI Bank Canada SPP app/website using their account number, passport number and date of birth provided during the ICICI application process and then open an RBC Royal Bank account by using the provided Referral Document from the previously mentioned stages. Post this, all GIC installments would be directly transferred and credited to the student's RBC bank account. Students opening an RBC student account are provided a student credit card with a credit limit of CAD 2,000, no prior Canadian credit history required, and no annual fee, alongside 2% cashback on groceries and 1% cashback on other eligible transactions. Students also get a nationwide network of over 1,200 branches and 4,200 ATMS. Students can opt to have their GIC money transferred into their RBC bank account in a single tranche or installments based on their setup of the ICICI GIC. Following 12 months, the ICICI Bank Canada account will continue as a no-fee remittance account for ongoing India-Canada bank transfers, as provided in Unlimit Mobile's partners page. The Connectivity Incentive The reward component of the partnership where Unlimit Mobile holds brand identity: CAD 120 is given as redeemable Unlimit Mobile credits (coins) to the Unlimit Mobile wallet upon opening, funding and verification of the student's GIC account. These credits are non-redeemable and can only be used against Unlimit Mobile's phone bills (up to 50% off the monthly bill amount); for example, students with a CAD 40 monthly bill will have CAD 30 from the coin balance applied, using up to 50% of the bill amount and paying the remaining CAD 20 by cash or card, leaving CAD 10 of credits for future use. The referral benefit is applicable for applicants from India, China, The Philippines, Vietnam, Morocco, Senegal and Nepal. The Indian student market represents one of the top origin countries in Canada's GIC program. Zetexa's standpoint Zetexa Global, through its brands Unlimit Mobile, ZetSIM (B2B, white label and API based B2B eSIM platform) and its various airport ancillary services like Meet & Greet, Fast Track and Business lounge access now extends their reach beyond travel planning and into the pre-departure, student-centric application journey. This partnership comes as the outcome of a noticeable shift where ancillary services providers are beginning to bundle services such as SIM connectivity, remittance and travel document management alongside visa consultation rather than offering these separately. 'While the GIC and visa application are only the first milestone for most students from India, maintaining connectivity and secure banking facilities upon arrival are a primary concern for them. By integrating Unlimit Mobile into the onboarding and banking processes with ICICI Bank Canada and RBC Royal Bank, we are assisting students even before they complete the formalities of leaving India,' commented Amit Agarwal, Founder & CEO, Zetexa Global. 'This partnership is a natural extension of our approach to travel ancillary services, where banking, connectivity and on-ground support should not be independent decisions. We are excited to be part of the ICICI Bank Canada and RBC ecosystem for outbound students,' said Amit Agarwal, Founder & CEO, and Srujan Yeleti, Founder & COO, of Zetexa Global. ICICI Bank Canada also provides a digital refund service through the SPP portal if a visa application is rejected after the GIC has been funded, as stated in the program's published terms. About Zetexa Global Zetexa Global is an India based travel auxiliary company that owns international eSIM brands such as ZetSIM and Unlimit Mobile and provides white label and API based solutions for the telecom and banking industry through their B2B eSIM platform and airport ancillary services such as Meet & Greet, Fast Track and Business lounge access.