Director -Multifamily/Workforce Housing Equity ...

Director - Multifamily/Workforce Housing Equity Investments Join to apply for the Director - Multifamily/Workforce Housing Equity Investments role at RBC. What is the opportunity? RBC Capital Markets – Community Investments (RBCCI), part of the Royal Bank of Canada (RBC), is a leading national syndicator of LIHTC, HRTC, NMTC, RETC and Workforce Housing Investments (WFH). RBCCI is expanding its housing platform targeting the fast-growing workforce housing segment, backed by private institutional and non-institutional (accredited) capital that is not reliant on tax credits or government subsidies for feasibility. WFH investments include both new construction and value add/rehab multifamily housing assets (financed without tax credits) with the majority of units at rent restricted to and tenants earning between 80% and 120% of AMI; the balance of units may be unrestricted and rented at market rates. As part of the expansion of RBCCI’s affordable housing platform, the Director, Workforce Housing Investments will be responsible for the investment strategy, marketing plan and execution of WFH equity investments originating from RBCCI to institutional and non-institutional (accredited) investors. This role will develop and manage investor relationships new to RBCCI and will serve as a liaison between RBCCI and RBC Capital Markets for existing investor relationships within the bank. What will you do? The Director, Workforce Housing Investments is responsible for new client development and retention of institutional and non-institutional (accredited) investors to scale the WFH platform In cooperation with the Head of Originations and Syndications for RBCCI and the WFH team, jointly call on investor clients where cross-over between tax credit syndication and WFH investments may be possible Develop and execute an effective investment strategy, marketing and calling plan to targeted equity investors interested in multifamily affordable/workforce housing assets Develop a data/research driven framework reflecting workforce housing need in the United States to highlight the risk-adjusted return profile for prospective investors Present investment opportunities to potential investors to secure commitments Manage RBCCI’s WFH pipeline of potential investments for investor clients and funds Coordinate and participate in investor sponsor reviews of RBC Community Investments Suggest improvements to the WFH underwriting process and deliverables to enhance materials for investors Collaborate with teams to provide investor relationship management support on execution and closing Communicate fund closings, structures and modeled pricing to Construction Risk Managers, Asset Managers, Fund Managers and Financial Management through the Fund Management hand-off process Review and comply with Firm Policies and regulatory requirements applicable to WFH activities Contribute to employee experience through leadership that supports and empowers teams Demonstrate growth mindset, inclusivity, and bias mitigation to improve diversity representation What do you need to succeed? Must-have: Bachelor’s degree in Business Administration, Finance, Accounting or Economics, plus 7–10 years of experience in multifamily real estate finance/capital markets with a strong fundraising track record and a broad network of institutional and accredited investors Proven experience raising capital with established investor relationships for multifamily platforms (family offices, pensions, private equity funds, investment managers, etc.) Thorough understanding of multifamily real estate finance, financial modeling, underwriting, corporate accounting and financial analysis and negotiation skills In-depth understanding of real estate debt and equity capital markets in a multifamily context Ability to assess complex structures and make decisions with significant financial impact Proficiency in MS Office, strong interpersonal and communication/presentation skills Ability to work independently and collaboratively across locations Nice-to-have: Experience in affordable/workforce housing for effective client communication What’s in it for you? We thrive on the challenge to be our best, with progressive thinking to grow and deliver trusted advice to help clients thrive and communities prosper. We value respectful, inclusive workplaces and opportunities for all. Job Details Address: 6805 Carnegie Boulevard, #100, Charlotte, NC City: Charlotte Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: CAPITAL MARKETS Job Type: Regular Pay Type: Salaried Posted Date: 2025-08-01 Application Deadline: Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above EOE Statement At RBC, we believe an inclusive workplace that has diverse perspectives is core to our growth. We strive to foster respect, belonging and opportunity for all. Note: Join our Talent Community to stay informed about RBC career opportunities. Seniority level: Not Applicable Employment type: Full-time Job function: Other Industry: Banking and Financial Services #J-18808-Ljbffr

Created: 2025-10-06