2027 Capital Markets, Corporate Banking Summer Analyst

Summer Analyst Program

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region.

We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks. RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

Each year, we invite high-performing, rising college seniors to join our Corporate Banking platform for a 10-week U.S. Summer Analyst Program.

What is the opportunity?

We are actively seeking Summer Analysts to support larger Corporate Banking & Global Credit verticals at RBC. The successful candidate has strong interest in Capital Markets, solid academic track record, is looking to explore a career opportunity with Corporate Banking and has a graduation date in Spring 2028 or December 2027. RBC is North America's 5th largest bank and a premier, full-service investment bank with a strong US presence and significant momentum across four continents.

What will you do?

• Support 10+ Corporate Banking industry verticals throughout the entire credit origination, execution and portfolio management cycle
• Participate in the due diligence process for new lending transactions by analyzing company filings, financial statements, diligence reports, equity / credit research, etc., as well as attending management presentations and diligence calls
• Assist with the preparation of internal credit presentations and related credit submission documentation. This will involve producing detailed written credit analyses and working with integrated financial models to assess the creditworthiness of new and existing clients
• Analyze companies' business models, financial projections, deal structures, industry dynamics and investment merits through direct collaboration with peers from Investment Banking, Leveraged Finance, Risk Management and various other internal partners
• Support senior team members in various ad-hoc and recurring initiatives such as portfolio management, administration and reporting, pipeline management and annual budgeting, as well as other special projects as needed. Liaise with back and middle office functions to set up transactions on various internal systems.

What do you need to succeed?

Must-have

• Enrolled in a Bachelor's Degree program with a focus in Business, Economics, Finance, Mathematics or related field
• Graduating in Spring 2028 or December 2027
• Excellent analytical and communication skills
• Ability to manage dynamic priorities and tight deadlines in a challenging, fast-paced environment
• Genuine interest in capital markets, finance and banking
• Intellectual curiosity, enthusiasm and willingness to learn
• Working knowledge of MS Office applications

Nice-to-have

• Minimum of 1 relevant internship experience, preferably within financial services industry
• Basic understanding of loan and capital markets products

We thrive on the challenge to be our best, to think progressively and to keep moving forward. We work together to deliver trusted advice which helps our clients thrive and our communities prosper. We care about each other and strive to reach our potential, make a difference to our communities and achieve success that is mutual.

• Develop a deep credit, structuring and execution skillset across four industry verticals, spanning a wide range of transaction types, and covering the entire ratings gamut from investment grade blue chips to small/mid-market leveraged situations
• Play an integral part in a growing and dynamic team with strong deal flow, a collegial and collaborative work environment and a flat structure with an open door policy
• Direct involvement in and exposure to marquee M&A, LBO, acquisition and related transactions
• Opportunity to build relationships with various industry and product partners and learn about RBC's full product suite
• Position provides a clear career path with significant runway in a team-oriented environment. You will have the opportunity to take on increasing responsibility, work directly with MDs and earn recognition for your successes

The good-faith expected salary range for the above position is $100,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Inclusion and Equal Opportunity Employment

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.