2027 Capital Markets, Global Investment Banking Summer Associate

Royal Bank of Canada • New York, NY

2d • $175,000 • Onsite

About The Position

RBC Capital Markets is a premier investment bank providing a focused set of products and services to corporations, institutional investors, and governments globally. With over 7,100 professionals in 70 offices across 15 countries, we assist clients in over 100 countries with capital raising, market access, risk mitigation, and asset acquisition/disposal. We are consistently ranked among the largest global investment banks. RBC Capital Markets is part of Royal Bank of Canada (RBC), a leading financial services provider, one of the top 15 largest banks globally, and the fifth largest in North America. The RBCCM U.S. Summer Associate Program invites rising second-year MBA students for a 10-week program on our Global Investment Banking (GIB) platform in New York. This program offers an immersive experience into the culture of RBC Capital Markets and the role of a full-time Associate.

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
• 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

• 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

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

What This Job Offers

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