Investment Banking Associate

RBC Capital Markets is a part of the Royal Bank of Canada, one of the largest providers of financial services in the world with a purpose-driven, principles-led approach to delivering for our clients. RBC is a top ten bank globally and ranks among the top five banks in North America by market capitalization. In addition, RBC has one of the highest credit ratings of any financial institution globally.

Our Investment Banking division is a top 10 Global Investment Bank which is well-established in the largest, most mature capital markets across North America, Europe, and the Asia Pacific Regions.

Our Investment Banking division provides underwriting of equity and debt capital as well as strategic M&A advisory services for leading corporations, institutions, and governments throughout North America and around the world. We have built our successful investment banking business by focusing on our clients and the industry sectors in which they operate.

What is the opportunity?

RBC Capital Markets Global Investment Banking division is seeking an Associate to join the Syndicated and Leveraged Finance (SLF) team in Toronto. The SLF team works collaboratively with colleagues across the Investment Bank in Canada, the U.S. and globally to support the financing of various types of transactions.

This position is a unique opportunity to develop a broad financial skillset, a deep understanding of various credit markets and gain exposure to global capital markets.

What will you do?

• Perform financial analysis and due diligence in the context of originating, structuring, and executing credit related financing transactions (including LBOs)

• Monitor and develop an understanding of credit market themes relevant to RBCs corporate and financial sponsor clients and synthesize these for the benefit of a client or deal team

• Participate on deal teams and support the execution of syndicated loan financings backing corporate M&A, LBOs, project financings, and general corporate purposes

• Analyze and maintain databases tracking financing activity and other market intelligence

• Assist with preparation of pitch & advisory presentations, responses to RFPs, and other ad-hoc market research

• Prepare, review, and summarize marketing materials and other documentation for credit related financing transactions including lender presentations

• Collaborate with colleagues across corporate and investment banking coverage and product groups to deliver holistic financing solutions

What do you need to succeed?

• 3+ years of experience in investment banking, leveraged finance, private equity, equity research, corporate development, or accounting, will be considered beneficial

• University degree, preferably in business/commerce, economics, STEM or other relevant disciplines

• A desire to learn and a team-oriented mindset

• Demonstrated superior track record in academic and professional endeavors

• A clearly defined interest in investment banking and financial markets, and basic knowledge of market structure and themes

• Strong computer skills, including high proficiency with Microsoft Excel and PowerPoint

• Quantitative, analytical, and financial modeling skills

• Adept written and verbal communication and data visualization skills

• Ability to work well under pressure with multiple deadlines while maintaining careful attention to detail

• Flexibility in schedule to meet client deadlines

• Desire to develop a leadership skillset and make meaningful contributions in a fast-paced, team environment

• CFA, CPA, P.Eng. or other relevant professional designations are considered an asset but not a requirement

Whats in it for you?

We thrive on the challenge to be our best, think progressively, continue our growth, and deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our individual / collective potential, making a difference to our communities, and achieving success that is mutual.

From this opportunity you will gain:

• A strong foundation in fundamental investment banking skills such as financial modeling and analysis, transaction execution and negotiation, and in-depth industry and product knowledge

• An understanding of different credit markets, including the Bank Market, U.S. Term Loan B, and High Yield markets

• Experience working in a dynamic, collaborative, and high-performing team at the #1 Investment Bank in Canada

• Senior team members who are committed to your development and will invest time in coaching and mentoring

• Peers who will help you develop a network and create long-term relationships

• Ability to make a difference through impactful transactions which help shape an industry

• Future opportunities to work in other global offices

• Develop an analytical skillset through real world transaction experience

• Gain exposure and insight into the global capital markets

• Work directly with senior levels of Canadas largest and fastest growing companies

• An appreciation for the importance of giving back your community as part of the many initiatives of RBCs Celebration of Impact

Application Process

Submit your cover letter, resume, and academic transcripts in one PDF document under the resume section of the online portal before the application deadline. Please note that applications will be reviewed as they are received, and potential candidates may be contacted prior to the submission deadline. Kindly address your application to the Hiring Managers.

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients, and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruiting process.

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeCAPITAL MARKETSRegularSalaried2024-12-202025-01-03

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above