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Full Time - Canada - UK - US

Accelerate your career by joining our Full-Time Analyst or Associate Programs. You’ll gain on-the-job experience and have access to worldwide training, leadership opportunities, and a diverse and collaborative work environment.

Accelerate your career by joining our Full-Time Analyst Programmes. You’ll gain on-the-job experience and have access to worldwide training, leadership opportunities, and a diverse and collaborative work environment.

We are currently recruiting for students to join our Global Markets Program and Global Investment Banking Programs at the Analyst and Associate level with start dates commencing in May 2017. Please check with your career centers and via our careers site for openings.

Please note that all interviews will have culminated by January 19th, 2017.

Investment Banking

RBC's Global Investment Banking Division helps clients finance their ongoing operations, strategic acquisitions, expansions and other critical projects. We provide financial advisory, M&A and underwriting capabilities with specific expertise in Capital Structure & Advisory, Convertibles, Equity Capital Markets, Financial Sponsors, Leveraged Finance, Loan & High Yield Capital Markets, Municipal Finance, and Private Placements. 

We have coverage in the following sectors:

  • Aerospace & Defense
  • Communications, Media & Entertainment
  • Consumer/Retail
  • Energy
  • Financial Institutions
  • Healthcare
  • Industrial & Diversified Services
  • Infrastructure
  • Mining & Metals
  • Power & Utilities
  • Real Estate
  • Technology
  • Transportation
  • US Municipal Finance

What is it?

As a Global Investment Banking Analyst, Associate or summer intern, you will work on a range of transactions and business development activities across a variety of product and industry groups. You will build a strong foundation in the basic skills of financial problem solving, negotiation, and execution.

What are the benefits?

The cornerstones of the Global Investment Banking Program are:

  • Solid in-class and on-the-job training
  • Experienced mentorship
  • Exposure to the various areas of Investment Banking
  • A tailored approach to career development based on the combined interests of our hires and the growing needs of our business
 

Investment Banking

RBC's Global Investment Banking Division helps clients finance their ongoing operations, strategic acquisitions, expansions and other critical projects. We provide financial advisory, M&A and underwriting capabilities with specific expertise in Capital Structure & Advisory, Convertibles, Equity Capital Markets, Financial Sponsors, Leveraged Finance, Loan & High Yield Capital Markets, Municipal Finance, and Private Placements. 

We have coverage in the following sectors:

  • Aerospace & Defense
  • Communications, Media and Entertainment
  • Consumer/Retail
  • Energy
  • Financial Institutions
  • Healthcare
  • Industrial & Diversified Services
  • Infrastructure
  • Mining & Metals
  • Power & Utilities
  • Real Estate
  • Technology
  • Transportation

A position as an Analyst in our London team offers an opportunity to work on high profile transactions across a range of industries; exposure to senior RBC professionals and clients, often including CEOs and CFOs of large companies; and ongoing training and mentoring with a focus on your continued career development.

Following a formal orientation and training programme in both London and New York/Toronto, you will take on many responsibilities associated with equity and debt financings, mergers and acquisitions, and other financial advisory assignments. These include assisting with transaction execution and pitch book preparation, generating financial models and analysis for valuation purposes, and drafting marketing documents such as Information Memorandums for financings and sell-side assignments.

What do we look for?

We are not prescriptive on the subject of your degree; however, we will be looking for a minimum 2.1 degree (expected). Whether you’re a philosophy student or an engineer, we’re more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Creativity, logic, interpersonal skills and inner drive all come into the equation.

Any additional languages, especially European, are a strong advantage but by no means a pre-requisite when applying.

Global Markets

RBC provides industry leading sales, trading, structuring, research and advisory services across a number of different asset classes, to institutions, corporations, governments and high net worth clients around the world. We strive to add value for our clients by providing focused, in-depth expertise in a range of products, services, sectors and markets.

What is it?

In the Global Markets Program, you will help develop ideas and market insights, trading services, analytics and new products that will help clients maximize their market performance across a spectrum of asset classes. You will work alongside a wide range of clients, from the world's central banks and government agencies to international and local corporations, as well as institutional investors and hedge funds.

Our Global Markets Program provides access to the following key business areas:

  • Commodities & Futures
  • Fixed Income & Currencies
  • Global Research
  • Debt Origination
  • Global Equity
  • Global Treasury Services
 

Global Markets

RBC provides industry leading sales, trading, structuring, research and advisory services across a number of different asset classes, to institutions, corporations, governments and high net worth clients around the world. We strive to add value for our clients by providing focused, in-depth expertise in a range of products, services, sectors and markets.

What is it?

What is it? In the Global Markets Program, you will help develop ideas and market insights, trading services, analytics and new products that will help clients maximize their market performance across a spectrum of asset classes. You will work alongside a wide range of clients, from the world's central banks and government agencies to international and local corporations, as well as institutional investors and hedge funds.

Our Global Markets Programme provides access to the following key business areas:

  • Commodities
  • Financial Products
  • Equities
  • Debt Capital Markets
  • Fixed Income & Currencies
  • Research

Global Markets Analyst Programme

This training programme offers you a wide breadth of capital markets experience and a foundation from which to fast-track your career:

  • Solid in-class and on-the-job training
  • Mentorship
  • Exposure to the various areas of capital markets
  • A tailored approach to career development based on your interests and the growing needs of our businesses

Over the course of the programme, you will get exposure to different divisions within capital markets, providing both concrete experience and a broad perspective of the business.

What do we look for?

We are not prescriptive on the subject of your degree; however, we will be looking for a minimum 2.1 classification (expected). Whether you’re a philosophy student or an engineer, we’re more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Creativity, logic, curiosity, interpersonal skills and inner drive all come into the equation.

Any additional languages, especially European, are a strong advantage but by no means a pre-requisite when applying.

Corporate Banking & Global Credit

Corporate Banking provides leading financial service capabilities to our global corporate and institutional clients. Alongside our GlB and FIC colleagues, we leverage the global capabilities of RBC’s platform and work closely with each client to provide lending and financing strategies that achieve their objectives and facilitate seamless execution. 

Summer Analyst Program Overview

When you join our Summer Analyst program you will enter a rotational program to get hands on experience across various industry teams within Corporate Banking as well as get exposure to Asset Based Lending and Institutional Client Management teams.

Summer Analysts will attend a number of training and networking events and will get exposure to our senior leaders to discuss career opportunities.

At the end of the Summer Analyst program our Interns will get a chance to interview for open Full-Time Analyst roles across Corporate Banking and Global Credit teams.

Full-time Analyst Program Overview

Full-time Analysts will be placed in one of the Corporate Banking industry teams or will join teams within Global Credit such as Institutional Client Management and Asset Based Lending.

At the beginning of the program all analysts will go through a formal training program before joining their teams. Each incoming analyst will also have a mentor assigned to them to help better integrate to our organization.

Analysts will get hands on experience with credit transaction approval process and will interact with various teams such as Credit Risk Management, Global Loan Administration, Loan Portfolio Management and other groups across RBC.

Municipal Finance

Top Ranked Municipal Finance Department

RBC serves as underwriter and financial advisor for many State and local governments, not-for-profit hospitals and healthcare systems, universities and colleges, transportation agencies, power utilities, housing agencies, public infrastructure projects, and student loan programs. Our department is one of the largest and most active in the market as we number over 330 personnel with 182 municipal bankers across 27 locations throughout the US

We rank # 1 as the most active underwriter in terms of total senior managed negotiated financings over the past 10 years, while ranking # 1 by number of issues for 17 of the past 25 years.

Municipal Finance Summer Analyst Program Overview

The Municipal Finance Summer Analyst provides analytical, research and transactional support to investment bankers and associates in all departmental work activities relating to the structuring and underwriting and issuance of negotiated bonds, and/or related financial advisory services.

The program provides a hands-on experience of public finance investment banking in which Summer Analysts will be directly involved in supporting book-run financings, preparing analysis for competitive proposal requests, as well as client service related analysis. Summer Analysts are considered generalists which will enable them to be staffed with multiple industry groups within the department to provide the broadest exposure possible. Summer Analysts can expect to develop their foundations in:

  • Preparing credit, operating and capital structure models and related financial analyses for potential and actual capital markets transactions
  • Organizing and analyzing information necessary to prepare proposals, client presentations, offering statements and marketing materials
  • Understanding and developing the ability to communicate financing alternatives in originating, structuring and marketing an issue and our firm wide capabilities
  • Economic, political and industry-specific forces affecting the issuance of municipal securities

Summer Analysts will benefit from the support of a mentor, a senior speaker series and a number of social events to facilitate networking and to discuss career opportunities.

 

Finance

The Finance Department's core function is to manage RBC's risk utilizing financial controls. We do so by working closely with each of our business areas to manage our relationships with regulatory bodies, monitor and report on financial statements utilizing accounting principles and provide oversight and analysis of the firm's risk exposure.

What is it?

Our Finance Department provides the following services across the businesses:

  • Product Control – the custodians of the trading P&L and Balance Sheet with responsibility for ensuring the integrity of the company's trading related books and records
  • Financial Control – the strategic and day-to-day management of the firm's core capital and financing matters
  • Valuation – a key control where we use multiple analysis tools to ensure accurate values of securities and derivatives **

Programme Details

This rotational training scheme is truly unique in the breadth of experience it offers you and the speed with which you can fast-track your career in the Finance function.

  • Solid in-class and on-the-job training
  • Mentorship
  • Exposure to the various areas of Finance
  • A tailored approach to career development based on your interests and the growing needs of our businesses

Primary responsibilities include, but are not limited to:

  • Working on daily, monthly and quarterly reporting
  • Helping with balance sheet attestation
  • Increasing efficiencies of the Finance Department across Product Control and Financial Control
  • Participating in project work
  • Assisting with ad hoc projects as needed
  • Conducting daily support tasks

What do we look for?

We are not prescriptive on the subject of your degree; however, we will be looking for a minimum 2.1 classification (expected). Whether you’re a philosophy student or an engineer, we’re more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Creativity, logic, curiosity, interpersonal skills and inner drive all come into the equation.

Operations

Operations are the functional core of RBC's trading activities. We provide our business partners with greater efficiency, scalability and control within our operational processing, helping to ensure RBC's continued growth and success.

Operations are responsible for post-execution trade processing and for maintaining controls around the entire trade life cycle. 

Operations professionals handle proprietary and customer transactions for both primary and secondary trading in:

  • Listed and over-the-counter options
  • Commodities
  • Equity and fixed income securities
  • Structured derivatives
 

Operations

Operations are the functional core of RBC's trading activities.  We provide our business partners with greater efficiency, scalability and control within our operational processing, helping to ensure RBC's continued growth and success.

Operations are responsible for post-execution trade processing and for maintaining controls around the entire trade life cycle. 

Operations professionals handle proprietary and customer transactions for both primary and secondary trading in:

  • listed and over-the-counter options
  • commodities
  • equity and fixed income securities
  • structured derivatives

RBC Operations services internal and external clients and covers key processes across all asset classes.  It can be a very demanding and challenging working environment as we play a key role in safeguarding against the risk of loss resulting from inadequate or failed internal processes, systems and from external events.  We must therefore ensure we are able to process the business with high levels of control and efficiency.

We are committed to hiring the best analysts as we understand the value of growing talent from within the programme and the significance that this diversity brings to our workforce.

What do we look for?

We are not prescriptive on the subject of your degree, however, we will be looking for a minimum ( expected) 2:1 classification . Whether you're a philosophy student or an engineer, we're more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Creativity, logic, interpersonal skills, curiosity and inner drive all come into the equation.

 

Risk Management

RBC's Risk Management Function is responsible for the oversight of Market, Trading Credit and Liquidity Risk Management.

The group uses a variety of measurement metrics and limits. Key responsibilities of Risk Management are:

  • Providing oversight of Market, Trading Credit and Liquidity Risk exposures
  • Transaction analysis and support
  • Quantifying and reporting the region's Market, Trading Credit and Liquidity Risk exposures using a wide variety of metrics and measurement tools such as Value-at-Risk, liquidity survival horizons, stress testing and "Greek" measures.
  • Establishing limits on Market, Trading Credit and Liquidity Risk exposures within the firm's risk appetite
  • Maintaining and implementing the necessary policies and procedures, including appropriate governance
  • Ensuring valuation models are used appropriately and in accordance with policy and approvals from our model vetting team
  • Risk policy development and Risk Capital Management

Teams within our Risk Management Function include:

  • Market & Trading Credit Risk
  • Liquidity Risk
  • Credit Risk
  • Risk Policy

Programme Details

This rotational training scheme is truly unique in the breadth of experience it offers you and the speed with which you can fast-track your career in the Risk Management function.

  • Solid in-class and on-the-job training
  • Mentorship
  • Exposure to the various areas Risk Management
  • A tailored approach to career development based on your interests and the growing needs of our businesses

Over the course of the 12 month programme, you will gain exposure to a number of desks within Risk. You will gain hands-on experience working directly with traders, marketers and other risk managers as well as varying asset classes; including foreign exchange, commodities, fixed income, credit and equity; both derivatives and cash.

What do we look for?

We are not prescriptive on the subject of your degree; however, we will be looking for a minimum 2.1 classification (expected). Whether you’re a philosophy student or an engineer, we’re more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Creativity, logic, curiosity, interpersonal skills and inner drive all come into the equation.

Technology

RBC Capital Markets continues to evolve its business by using technology as a key differentiator from our competitors. Gain technical and professional expertise as you work on exciting IT teams in areas such as Foreign Exchange, Fixed Income, Equities, Commodities and many more. Take the opportunity to make a direct impact and shape the future of the financial industry with emerging technologies like Machine Learning, Cloud Computing and Big Data.

Capital Markets IT Rotational Program Overview

We are looking for students with an Undergraduate degree in Computer Science, Math-based Science or Engineering and a passion to apply their skills in a dynamic business environment. The RBC CMIT Rotational Program allows analysts to gain exposure to various areas of Capital Markets, by rotating between different technology groups within a 15-month period. Upon completion of this program, you will continue to build your career at RBC in a role that suits your interests: software development, quality assurance, Dev-ops, project management, and business analysis.

Apply your talents and expertise to:

  • Develop innovative software solutions that improve our client and employee experiences and offer real business benefits
  • Collaborate with team members and end-users to define project requirements— then design, code, and test applications to meet the defined requirements
  • Bring your strength in any of the following: Java, .NET, C/C++, SQL, Python, Web Services, VBA, XML, Windows, Perl, Unix, Batch/Shell scripting.
  • Participate in RBC CM’s Global Innovation Challenges and work alongside peers to exploit innovative technology opportunities

Technology

Be a part of our exciting future and gain career-defining exposure to RBC's business! Draw on your leadership potential and dynamic interpersonal skills to explore the responsibilities of a variety of technology based roles through our graduate programs. Your passion for learning everything there is to know about the role of technology in the business world already sets you apart; take this next step to hone your skills with us.

Technology is embraced as a revenue driver and key enabler for the bank's trading business. Business units and technology groups operate in a true partnership where both contribute to successful initiatives. We apply advanced technology solutions to rapidly evolving and complex business opportunities and work very closely with the clients that we service to bring new systems rapidly to market.

Apply your talents and expertise to:

  • Gain in-depth knowledge of Capital Markets
  • Provide creative technical solutions to business issues
  • Work with teams around the globe on collaborative solutions
  • Become a trusted advisor to the business on how to exploit technology opportunities
 

Technology

Be a part of our exciting future and gain career-defining exposure to RBC's business! Draw on your leadership potential and dynamic interpersonal skills to explore the responsibilities of a variety of technology based roles through our graduate programmes. Your passion for learning everything there is to know about the role of technology in the business world already sets you apart; take this next step to hone your skills with us.

Technology is embraced as a revenue driver and key enabler for the bank's trading business. Business units and technology groups operate in a true partnership where both contribute to successful initiatives. We apply advanced technology solutions to rapidly evolving and complex business opportunities and work very closely with the clients that we service to bring new systems rapidly to market.

Apply your talents and expertise to:

  • Gain in-depth knowledge of Capital Markets
  • Provide creative technical solutions to business issues
  • Work with teams around the globe on collaborative solutions
  • Become a trusted advisor to the business on how to exploit technology opportunities

Programme Details

RBC is committed to hiring the best graduates as part of our strategy to grow the business in Europe and Asia-Pacific and we understand the value of growing talent from within the Information Technology Analyst Programme as being integral to our success story.

You will be given the opportunity to demonstrate your skills from the outset and be able to contribute to complex and dynamic technology environments that serve our global client-base.

You will receive constructive direction and feedback throughout each of your placements. Each placement period will end with a performance review as well as a formal presentation to the senior IT management team. On successful completion of the programme we will discuss your career development and decide on a position that best fits your strengths and preferences whilst also reflecting the needs of the business.

What do we look for?

We are not prescriptive on the subject of your degree; however, we will be looking for a passion for technology and a minimum 2.1 degree (expected). Whether you’re a philosophy student or an engineer, we’re more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Creativity, logic, interpersonal skills and inner drive all come into the equation. Technical skills such as Java, C#, C++, databases and networks are a strong advantage when applying.