2027 Capital Markets, Global Investment Banking Summer Associate - Houston
About the role
RBC Capital Markets is a premier investment bank with more than 7,100 professionals operating in 70 offices across 15 countries. The Global Investment Banking (GIB) platform provides strategic advisory services and equity and debt capital‑raising capabilities for corporations, institutions, and governments. Each year the U.S. Summer Associate Program invites rising second‑year MBA students to experience the culture, responsibilities, and career path of a full‑time Associate for a 10‑week summer rotation.
Responsibilities
- Work on a variety of live transactions and client‑facing business development initiatives across GIB.
- Develop and maintain complex financial models.
- Contribute to the delivery of client meetings and presentations.
- Conduct research to analyze market trends.
- Research and analyze future opportunities.
Requirements
- Students in their penultimate year of study at an accredited 2‑year MBA program.
- 2+ years of post‑undergraduate work experience.
- Ability to manage multiple competing priorities and thrive in a fast‑paced, challenging environment.
- Strong competency in collaboration, relationship building, communication, integrity, and operating with a diverse and inclusive mindset.
- Well‑rounded set of interests and extracurricular activities beyond academics.
Benefits
- Strong foundation in fundamental investment‑banking skills such as financial modeling, analysis, transaction execution, negotiation, and in‑depth industry/product knowledge.
- Better understanding of RBC’s products and services.
- Mentorship from a full‑time Associate or Vice President.
- Networking and career‑discussion opportunities through a series of social events.
Compensation
The expected salary range for this position is $175,000, depending on factors such as experience, skills, registration status, market conditions, and business needs.
Location: 609 Main Street, Houston, TX, United States. Work hours: 40 hours per week. Employment type: Full‑time, fixed‑term student/co‑op.