2027 Capital Markets, Corporate Banking Summer Analyst

About the role

RBC Capital Markets is a premier investment bank providing a focused set of products and services to corporations, institutional investors, and governments worldwide. With over 7,100 professionals across 70 offices in 15 countries, we deliver expertise in raising capital, accessing markets, mitigating risk, and acquiring or disposing of assets. As part of Royal Bank of Canada (RBC), one of the top 15 largest banks globally, we offer a 10-week U.S. Summer Analyst Program for high-performing, rising college seniors interested in exploring a career in Corporate Banking.

Responsibilities

• Support 10+ Corporate Banking industry verticals throughout the entire credit origination, execution, and portfolio management cycle.
• Participate in the due diligence process for new lending transactions by analyzing company filings, financial statements, diligence reports, equity/credit research, and attending management presentations and diligence calls.
• Assist with the preparation of internal credit presentations and related credit submission documentation, including detailed written credit analyses and integrated financial models to assess client creditworthiness.
• Analyze companies’ business models, financial projections, deal structures, industry dynamics, and investment merits through collaboration with peers from Investment Banking, Leveraged Finance, Risk Management, and other internal partners.
• Support senior team members in ad-hoc and recurring initiatives such as portfolio management, administration and reporting, pipeline management, annual budgeting, and special projects.
• Liaise with back and middle office functions to set up transactions on various internal systems.

Requirements

• Enrolled in a Bachelor’s Degree program with a focus in Business, Economics, Finance, Mathematics, or a related field.
• Graduating in Spring 2028 or December 2027.
• Excellent analytical and communication skills.
• Ability to manage dynamic priorities and tight deadlines in a fast-paced environment.
• Genuine interest in capital markets, finance, and banking.
• Intellectual curiosity, enthusiasm, and willingness to learn.
• Working knowledge of MS Office applications.

Preferred Qualifications

• Minimum of 1 relevant internship experience, preferably within the financial services industry.
• Basic understanding of loan and capital markets products.

Benefits

• Develop a deep credit, structuring, and execution skillset across four industry verticals, spanning a wide range of transaction types and credit ratings.
• Play an integral role in a growing and dynamic team with strong deal flow, a collegial work environment, and a flat structure.
• Direct involvement in and exposure to marquee M&A, LBO, acquisition, and related transactions.
• Opportunity to build relationships with industry and product partners while learning about RBC’s full product suite.
• Clear career path with increasing responsibility, direct interaction with Managing Directors, and recognition for successes.

Pay

The good-faith expected salary range for this position is $100,000, depending on factors including but not limited to the candidate’s experience, skills, registration status, market conditions, and business needs.

Location: New York, NY (Brookfield Place, 200 Vesey Street)