2027 Capital Markets, Corporate Banking Summer Analyst

About the role

Each year, RBC Capital Markets invites high-performing, rising college seniors to join our Corporate Banking platform for a 10-week U.S. Summer Analyst Program. We are actively seeking Summer Analysts to support larger Corporate Banking & Global Credit verticals at RBC. The successful candidate has a strong interest in Capital Markets, a solid academic track record, and is looking to explore a career opportunity with Corporate Banking, with a graduation date in Spring 2028 or December 2027.

RBC is North America’s 5th largest bank and a premier, full-service investment bank with a strong U.S. presence and significant momentum across four continents.

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, as well as attending management presentations and diligence calls.
• Assist with the preparation of internal credit presentations and related credit submission documentation, including producing detailed written credit analyses and working with integrated financial models to assess the creditworthiness of new and existing clients.
• Analyze companies’ business models, financial projections, deal structures, industry dynamics, and investment merits through direct collaboration with peers from Investment Banking, Leveraged Finance, Risk Management, and various other internal partners.
• Support senior team members in various ad-hoc and recurring initiatives such as portfolio management, administration and reporting, pipeline management, and annual budgeting, as well as other special projects as needed.
• 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 related field.
• Graduating in Spring 2028 or December 2027.
• Excellent analytical and communication skills.
• Ability to manage dynamic priorities and tight deadlines in a challenging, fast-paced environment.
• Genuine interest in capital markets, finance, and banking.
• Intellectual curiosity, enthusiasm, and willingness to learn.
• Working knowledge of MS Office applications.

Qualifications

• Minimum of 1 relevant internship experience, preferably within the financial services industry (nice-to-have).
• Basic understanding of loan and capital markets products (nice-to-have).

Benefits

• Develop a deep credit, structuring, and execution skillset across four industry verticals, spanning a wide range of transaction types, and covering the entire ratings gamut from investment grade blue chips to small/mid-market leveraged situations.
• Play an integral part in a growing and dynamic team with strong deal flow, a collegial and collaborative work environment, and a flat structure with an open-door policy.
• Direct involvement in and exposure to marquee M&A, LBO, acquisition, and related transactions.
• Opportunity to build relationships with various industry and product partners and learn about RBC’s full product suite.
• Clear career path with significant runway in a team-oriented environment, including opportunities to take on increasing responsibility, work directly with Managing Directors, and earn 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)

Employment Type: Full-time, 40 hours/week

Job Type: Student/Co-op (Fixed Term)