2028 Capital Markets, Global Markets Origination Summer Analyst

Royal Bank of Canada • New York, NY

2d • Onsite

About The Position

RBC Capital Markets is a global investment bank providing capital-raising, market access, risk mitigation, and asset transaction services. Its Origination business provides underwriting, capital-raising, liability management, structuring expertise, and execution in unsecured, secured, and private markets, working closely with investment banking, corporate banking, derivatives, equity capital markets, and sales and trading teams.

The 10-week Origination Summer Analyst Program consists of one week of training and nine weeks with a group. Analysts gain hands-on experience developing ideas and market insights for debt and risk management transactions across industries, countries, and currencies. Each analyst is placed with one Origination group for the internship: Securitization (Term ABS & Conduit Finance), which converts future income streams into tradeable securities, or the Risk Solutions Group, which advises clients on hedging market exposures through derivatives in rates, foreign exchange, and commodities.

Requirements

• Have top grades in a four-year U.S. college or university program and be entering the final year upon completion of the program.
• Have basic market knowledge and a demonstrated keen interest in capital markets.
• Demonstrate strong quantitative, analytical, and communication skills.
• Be highly motivated and able to take initiative to identify ways to add value and improve practices.
• Have problem-solving skills, business sense, and the ability to multitask and prioritize in high-pressure environments.
• Have a positive attitude and willingness to perform beyond what is asked.
• Be proficient with Microsoft Word, Excel, PowerPoint, and Outlook.

Nice To Haves

• Basic understanding of financial mathematics and concepts.
• Technical knowledge of programming or coding languages.
• Knowledge of accounting and ability to interpret financial statements.
• Familiarity with Bloomberg.

Responsibilities

• Develop and preserve complex financial models.
• Create pitch books and other client materials.
• Conduct and present research to identify market trends used in business decisions.
• Support live deals and major transactions.
• Work with senior bankers to learn about the business.
• Help develop ideas and market insights to originate unsecured and secured debt transactions, as well as risk management transactions for clients.

Benefits

• Direct exposure and hands-on experience, including opportunities to do challenging work.
• Opportunity to make a difference and lasting impact.
• Opportunity to interact with different desks across Global Markets and RBC.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Training through orientation sessions, an in-class curriculum, and regular information sessions with business leaders.

What This Job Offers

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