2027 Capital Markets, Municipal Finance Summer Analyst

Royal Bank of Canada • New York, NY

12h • Onsite

About The Position

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 around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks. RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks. RBCCM’s Municipal Finance Department provides investment banking solutions not only to states, cities, and counties, but also to universities, nonprofits, power and water utilities, hospitals, airports, housing authorities, and others. We are consistently ranked in the top 5 underwriters of municipal debt, and serve the largest clients in the industry.

Each year, we invite high-performing rising seniors to join our Municipal Finance platform for a 10-week U.S. Summer Analyst Program. The program provides a realistic view of municipal finance as Summer Analysts spend their time working on a variety of transactions and development initiatives in all areas of Municipal Finance. Analysts will build a strong foundation in the basic skills of financial problem solving, negotiation and execution. Additionally, they gain experience in marketing the firm’s products and services.

Requirements

• Undergraduate students entering their final year of study at an accredited four-year college or university, graduating in Spring 2028 or December 2027
• Outstanding quantitative and qualitative analytical skills; strong knowledge of finance and accounting preferred
• Familiarity with computer applications such as MS Outlook, Word, and Excel
• Ability to manage multiple competing priorities and thrive in a fast-paced and challenging environment
• Value and possess strong competency in the following behaviors: Collaboration, Relationship Building, Communication, Integrity and Operating with Diverse and Inclusive Mindset
• Well-rounded set of interests and extra-curricular activities beyond academics

Responsibilities

• Preparing cash flow projections and related financial analyses for potential and actual capital markets transactions
• Gathering, organizing and analyzing information necessary to prepare proposals, client presentations, offering statements and marketing materials
• Assisting in the preparation of proposals for prospective clients, describing in detail financing alternatives in originating, structuring and marketing an issue and our ability to perform the underwriting functions in a capable manner
• Enhancing the department’s use and knowledge of available information pertaining to the municipal capital markets by collecting, organizing and maintaining various marketing materials and information resources
• Coordinating the various activities, both internal and external, relating to pricing and settlement of debt transactions
• Performing other tasks job related duties as assigned

Benefits

• An understanding of the economic, political and industry-specific forces influencing the financing of public sector endeavors
• The support of experienced mentors
• An opportunity to network and discuss career opportunities through social events

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed