2027 Capital Markets, Global Investment Banking Summer Associate

About the role

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region. We work with clients in over 100 countries to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. We are consistently ranked among the largest global investment banks according to Bloomberg and Dealogic. RBC Capital Markets is part of Royal Bank of Canada (RBC), a leading provider of financial services operating since 1869 and ranked among the top 15 largest banks in the world and the fifth largest in North America by market capitalization.

Each year, we invite rising second-year MBA students to join our Global Investment Banking (GIB) platform for a 10‑week U.S. Summer Associate Program. The program provides an opportunity to experience the culture and atmosphere of RBC Capital Markets and the role of a full‑time Associate.

Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET, NEW YORK, NY, United States of America

Responsibilities

• Working on a variety of live transactions and client‑facing business development initiatives in all areas of GIB
• Developing and preserving complex financial models
• Contributing to the delivery of client meetings and presentations
• Conducting research to analyze market trends
• Researching and analyzing future opportunities

Requirements

• Students in their penultimate year of study at an accredited 2‑year MBA program
• 2+ years’ work post‑undergraduate work experience
• Ability to manage multiple competing priorities and thrive in a fast‑paced and challenging environment
• Well‑rounded set of interests and extra‑curricular activities beyond academics

Skills

• Collaboration
• Relationship Building
• Communication
• Integrity
• Operating with a Diverse and Inclusive Mindset

Benefits

• A strong foundation in fundamental investment banking skills such as financial modeling and analysis, transaction execution and negotiation, and in‑depth industry/product knowledge
• A better understanding of RBC’s products and services
• The support of a mentor (typically a full‑time Associate or Vice President)
• An opportunity to network and discuss career opportunities through a number of social events

Pay

The good faith expected salary range for the above position is $175,000 depending on factors including but not limited to: the candidate’s experience, skills, registration status, market conditions, and business needs.

Schedule

Work hours/week: 40; Employment Type: Full time; Job Type: Student/Coop (Fixed Term); Pay Type: Salaried.