2028 Global Markets Summer Associate, Equity Research

RBC • New York, NY

4d • Onsite

About The Position

RBC Capital Markets is a global investment bank and subsidiary of Royal Bank of Canada. It serves corporations, institutional investors and governments worldwide, helping clients raise capital, access markets, mitigate risk, and acquire or dispose of assets. The firm has more than 7,100 professionals in 70 offices across 15 countries.

The ten-week Equity Research Summer Associate program offers practical training, hands-on capital markets experience, and career-building mentorship. Associates are placed in a research sector—such as TMT, Consumer, Healthcare, Energy, or Financials—in a selected regional office for the duration of the program. They work directly with an established Equity Research Analyst and a team of associates, while also learning from senior leaders across RBC Capital Markets.

This is a full-time, salaried student/co-op position based in New York. The stated good-faith expected salary is $110,000, with compensation dependent on factors including experience, skills, registration status, market conditions, and business needs.

Requirements

• Excellent grades in a four-year U.S. college or university program, with the candidate entering the final year upon completion of the program, or entering the final year of MBA studies upon completion of the program.
• Proven interest in financial markets.
• History of academic excellence.
• Strong analytical and interpersonal skills.
• Track record of leadership experience outside the classroom.
• Capacity to work in a fast-paced and dynamic environment.
• Strong communication skills.
• Confidence in personal capabilities and willingness to learn and complete assigned tasks.

Nice To Haves

• Related capital markets work experience.
• Market knowledge.
• Financial analysis prowess.

Responsibilities

• Build and maintain complex financial models and equity valuation tools.
• Research and stay up to date with industry trends.
• Contribute to the day-to-day production of research content and longer-term projects.

Benefits

• Hands-on experience working alongside equity research analysts and associates.
• Training through orientation sessions, an in-class curriculum, and regular information sessions with key business leaders.
• Direct exposure to different areas of the capital markets.
• Understanding of RBC Capital Markets’ global capabilities.
• Exposure to and experience in international markets.
• Career-building mentorship.

What This Job Offers

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