Analyst/Associate, Debt Capital Markets

Royal Bank of Canada • New York, NY

1d • Onsite

About The Position

As an Analyst/Associate in the Natural Resources Group, which comprises Power, Utilities, Energy, and Metals & Mining, you will support senior bankers in originating, syndicating, and executing investment-grade debt transactions across the capital structure. The role’s primary objective is to act as a strategic advisor to clients by providing tailored origination and financing strategies.

You will assist with RBC’s investment banking activities, including debt-related capital raising and capital structure advisory. The role involves preparing client presentations and market updates, analyzing fixed-income fundamentals and macroeconomic trends, turning datasets into visual materials, supporting transaction execution and internal approvals, and preparing client-facing issuance data, pricing information, market commentary, and economic updates. You will collaborate with internal banking, syndicate, sales and trading, risk solutions, and product teams, as well as external professionals such as lawyers and accountants.

The position is based at Brookfield Place, 200 Vesey Street, New York. It is a regular, full-time, salaried role with a 40-hour workweek. The good-faith expected salary range is $110,000–$175,000, depending on factors including experience, skills, registration status, market conditions, and business needs. Compensation may also include a discretionary bonus and benefits.

Requirements

• 1–2 years of experience in investment banking, capital markets, debt advisory, a rating agency, corporate finance, or a related field.
• Bachelor’s degree in Business, Finance, Math, or a related field.
• Strong understanding of capital markets.
• Interest in investment-grade debt and the Natural Resources sector, including trends in Power, Utilities, Energy, and Metals & Mining.
• Positive attitude, strong work ethic, and willingness to go above and beyond.
• Exceptional quantitative and analytical skills.
• Excellent written and oral communication skills.
• Ability to collaborate across cross-functional and geographically diverse teams.
• Proficiency in Excel, PowerPoint, and Bloomberg.
• Strong presentation and project management skills.
• Series 7, 63, 79, and SIE certification.

Responsibilities

• Assist in executing investment banking activities, including capital raising and capital structure advisory for debt-related products.
• Generate and maintain client presentations, market updates, and pitch materials.
• Analyze fixed-income fundamentals and macroeconomic trends to develop client recommendations.
• Transform datasets into visual materials.
• Collaborate with Syndicate, Sales & Trading, Corporate Banking, M&A, Risk Solutions (interest-rate and FX derivatives), and product-agnostic Investment Banking coverage teams to produce internal and client-facing materials.
• Support senior officers in executing debt transactions, including managing internal processes, approvals, and client deliverables under tight deadlines.
• Compile and synthesize investment-grade bond issuance data into client-friendly content.
• Prepare and distribute indicative pricing information, market commentary, and economic updates for clients.
• Manage ad hoc client requests and projects.
• Collaborate with external professionals, including lawyers and accountants.
• Provide clients with tailored origination and financing strategies as a strategic advisor.

Benefits

• Comprehensive Total Rewards Program, including bonuses and flexible benefits.
• Competitive compensation and commissions.
• Stock where applicable.
• Development opportunities through coaching and leadership support.
• 401(k) program with company-matching contributions.
• Health, dental, vision, life, and disability insurance.
• Paid time-off plan.
• Opportunities to develop expertise in credit analysis, corporate finance, and credit ratings fundamentals.
• Opportunities to do challenging work and build strong client relationships.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level