Associate, Corporate Development

RBC•New York, NY

1d•$120,000 - $190,000•Onsite

About The Position

The Corporate Development team helps shape and execute RBC’s inorganic growth strategy, providing internal M&A advisory support and working with the CEO, Group Executives, and senior business executives on strategic priorities. The Associate will contribute to strategic initiatives across the Bank globally, including assessment of market trends and competitive landscapes, development and evaluation of growth opportunities, and execution of mergers and acquisitions, divestitures, and joint ventures. The role combines strategic thinking, deal execution, financial analysis, and communication. The Associate will work with senior Corporate Development colleagues and teams across RBC, as well as external advisors, counterparties, and potential target companies. The position also supports valuation-related Enterprise initiatives and other strategic Bank projects as needed.

Requirements

University degree in Business, Finance, Economics, Math, Engineering, or a similar field.
Four years of experience in corporate finance or M&A, preferably within an M&A team at a financial services organization, investment bank, or accounting firm.
Advanced financial modeling skills, including valuation analysis.
Natural curiosity and keenness for learning and development.
Strong initiative to undertake comprehensive analysis that sparks idea generation.
Demonstrated experience preparing insightful presentation materials to assess market landscapes and potential target companies.
Understanding of the financial services sector and ability to lead research and analysis across various lines of banking businesses.
Strong interpersonal and communication skills, including the ability to interact with senior stakeholders internally and externally and express ideas clearly and concisely, orally and in writing.
Resourcefulness and a solutions-focused approach.
Flexibility to adapt working hours to the situation required.

Nice To Haves

Experience in a matrix environment, such as a large, publicly traded corporation.
Advanced studies or qualifications, such as an MBA, CFA, CA, or CBV.
Global mindset and ability to work with people of different cultures and across time zones.

Responsibilities

Develop new ideas and approaches to stimulate organizational discussion and debate about growth pathways.
Help define and scope strategic initiatives by preparing business cases with comprehensive financial and strategic analyses.
Collaborate with business and functional teams to develop inorganic growth plans.
Encourage collaboration and connectivity across RBC business units and functions in support of inorganic growth.
Work with the Corporate Venture Capital team to align efforts advancing RBC’s inorganic growth agenda.
Generate strategic ideas and review acquisition and divestiture opportunities for strategic fit and value.
Lead strategic analyses of potential growth areas for RBC.
Lead financial analyses, including company forecasts, merger models, synergy and dis-synergy assessments, valuation analyses, and impacts of acquisitions or divestitures on RBC Group.
Support acquisition and divestiture execution, including transaction coordination, due diligence leadership, and deal negotiation support.
Prepare analyses and recommendations on acquisition and divestiture projects for Group Executives, the Board of Directors, and other senior RBC members.
Engage with senior RBC business leaders, external advisors, counterparties, and target companies.
Monitor market developments and industry dynamics and assess their impact on the Bank.
Partner with Investor Relations, Finance, Law Group, and Enterprise Strategy on public disclosures related to inorganic initiatives.
Support valuation-related Enterprise initiatives, including annual goodwill impairment testing, recovery and resolution planning, and legal entity tax valuations.
Provide support for other strategic initiatives and Bank projects as required.