2026 Capital Markets, Global Investment Banking Summer Associate (MBA, 4 Months)

Job Description

Each year, RBC Capital Markets seeks out energetic, bright, and talented MBA/ Post-graduate students for its Summer Associate program in Global Investment Banking in offices throughout North America. A significant proportion of Summer Associates from this well-established program have been hired full-time and gone on to become industry experts that are the backbone of RBC Capital Markets.

Required Documents: Cover letter, Resume and Academic Transcripts (unofficial transcripts of undergraduate and graduate courses, including MBA courses to date will be sufficient)

*Please ensure you submit these three documents as one PDF file under the “Resume” section. Do not submit them as separate files.

What is the opportunity?

RBC Capital Markets is a part of the Royal Bank of Canada, one of the largest providers of financial services in the world.  RBC ranks among the top five banks in North America by market capitalization and has one of the highest credit ratings of any financial institution globally.

RBC Capital Markets’ Global Investment Banking division provides underwriting of equity and debt capital as well as strategic advisory services for leading corporations, institutions, and governments throughout North America and around the world.  RBC Capital Markets is Canada’s leading investment bank.  We have built our successful investment banking business by focusing on our clients and the industry sectors in which they operate.

What will you do?

As part of RBC Capital Markets’ transaction teams, Summer Associates are assigned a variety of analytical tasks associated with debt and equity financings, mergers and acquisitions, and other financial advisory assignments. Successful Summer Associates use this opportunity to hone their skills, gain exposure to interesting and leading-edge transactions, and learn from some of the best and brightest people in the industry.

What do you need to succeed?

• Candidates must be in their first year of a two-year MBA or equivalent program and should have had at least two years of full-time work experience prior to pursuing postgraduate studies
• Candidates must be graduating from their programs in either December 2026 or Spring 2027
• Desire to learn and eagerness to make a meaningful contribution to the team environment at RBC Capital Markets
• Track record of outstanding academic achievement
• Proven analytical skills
• Diversity of extracurricular activities
• Strong oral and written communication skills
• Initiative and the ability to play a key role as a team member in a fast-paced and challenging work environment

What’s in it for you?

• Experience working in a dynamic, collaborative, progressive, and high-performing team
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Job Skills

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

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2025-11-26

Application Deadline:

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

Pay Range

The expected pay range for this position is:

$90,000.00 - $135,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. RBC supports pay transparency and we strive to ensure all pay ranges and competitive, fair, and equitable. Your actual pay is determined by a number of factors, including your experience, skills and education.

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging, and opportunity for all.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.