Research Associate, Consumer Retail - Softlines

RBC•New York, NY
•$100,000 - $160,000•Onsite

About The Position

The Research Associate supports the Consumer Retail - Softlines sector by assisting with company-specific financial models and maintaining research reports, presentations, and databases. The role provides research support to the analyst, develops sector expertise, and responds to client queries related to the sector. It also involves identifying operational risks and control deficiencies, complying with applicable firm policies, and promptly escalating risk events and concerns to the line manager and relevant risk and control functions. The position regularly interacts with clients and supports a Senior Analyst. Key relationships include internal clients in sales and trading and external clients as required. The role is based in an office/trading-floor environment that can be high stress and requires quick turnaround and decision-making; little physical effort is required. This is a full-time, regular, salaried role in RBC Capital Markets, based at Brookfield Place, 200 Vesey Street, New York. The stated workweek is 40 hours. The good-faith expected salary range is $100,000–$160,000, depending on factors including experience, skills, registration status, market conditions, and business needs. The range excludes other total-compensation elements, including a discretionary bonus and benefits. The posting describes a comprehensive Total Rewards Program, coaching and development opportunities, a collaborative team, challenging work, and opportunities to build client relationships.

Requirements

  • Undergraduate degree or similar qualification focused on Business, Mathematics, or another quantitative field.
  • FINRA licensing requirements: Series 7, 63, 86, and 87, and SIE.
  • Excellent writing and communication skills.
  • Strong PC skills, particularly with Microsoft Office applications and sourcing data from the internet and technology publications.
  • Strong customer-service focus and attitude for internal and external clients.
  • Ability to perform under pressure and meet time-sensitive deadlines, sometimes for extended periods.
  • Commitment to tasks and attention to detail.
  • Ability to prioritize work and manage multiple responsibilities.
  • Organized self-starter able to work independently.
  • Good interpersonal skills and ability to work and coordinate effectively in a team environment.

Nice To Haves

  • 1–3 years of experience in capital markets, equity research, or investment banking; experience in the Consumer sector is preferred.

Responsibilities

  • Assist in developing and detailing company-specific financial models.
  • Coordinate, generate, and maintain research reports, presentations, and databases.
  • Provide research support to the analyst as required.
  • Develop expertise in the Consumer Retail - Softlines sector.
  • Support and answer client queries related to the sector.
  • Proactively identify operational risks and control deficiencies in the business.
  • Review and comply with firm policies applicable to business activities.
  • Promptly escalate operational risk loss events, control deficiencies, and identified risks to the line manager and relevant risk and control functions.
  • Support the Senior Analyst.
  • Interact regularly with clients.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Competitive compensation and commissions.
  • Stock where applicable.
  • Discretionary bonus.
  • 401(k) program with company-matching contributions.
  • Health insurance.
  • Dental insurance.
  • Vision insurance.
  • Life insurance.
  • Disability insurance.
  • Paid time-off plan.
  • Coaching and managing opportunities to support development.
  • Opportunities to make a difference and lasting impact.
  • Opportunities to do challenging work and build close relationships with clients.
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