2027 Capital Markets, Global Investment Banking Summer Associate

Global Investment Banking Summer Associate – New York

What is the opportunity?

RBC Capital Markets is a premier investment bank providing 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 to deliver the expertise and execution required to raise capital, access markets, mitigate risk, and acquire or dispose of assets. We are consistently ranked among the largest global investment banks according to Bloomberg and Dealogic.

RBC Capital Markets is part of Royal Bank of Canada (RBC), a leading provider of financial services. 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.

RBCCM U.S. Summer Associate Program

Each year, we invite rising second-year MBA students to join our Global Investment Banking (GIB) platform for a 10-week U.S. Summer Associate Program. The program provides the opportunity to experience the culture and atmosphere of RBC Capital Markets and the role of a full-time Associate.

What will you do?

GIB provides a complete suite of strategic advisory services, as well as equity and debt capital raising capabilities for leading corporations, institutions, and governments. RBC Capital Markets’ investment banking platform focuses on nine core industries and seven product groups. For our New York office, we recruit for the following industry and product groups:

Industry Groups

• Communications, Media and Entertainment (CME)
• Consumer/Retail
• Financial Services (FIG)
• Healthcare
• Industrials
• Power, Utilities and Infrastructure
• Real Estate
• Technology

Product Groups

• Mergers & Acquisitions (M&A)

Similar to full-time GIB Associates, Summer Associates will spend their time:

• Working on a variety of live transactions and client-facing business development initiatives across all areas of GIB
• Developing and preserving complex financial models
• Contributing to the delivery of client meetings and presentations
• Conducting research to analyze market trends
• Researching and analyzing future opportunities

What do you need to succeed?

In selecting summer associates, we look for:

• Students in their penultimate year of study at an accredited 2-year MBA program
• 2+ years’ work experience post-undergraduate
• Ability to manage multiple competing priorities and thrive in a fast-paced, challenging environment
• Strong competency in the following behaviors: Collaboration, Relationship Building, Communication, Integrity, and Operating with a Diverse and Inclusive Mindset
• A well-rounded set of interests and extra-curricular activities beyond academics

What’s 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, reach our individual and collective potential, make a difference in our communities, and achieve success that is mutual.

From this experience, you would gain:

• A strong foundation in fundamental investment banking skills such as financial modeling and analysis, transaction execution and negotiation, and in-depth industry/product knowledge
• A better understanding of RBC’s products and services
• The support of a mentor (typically a full-time Associate or Vice President)
• An opportunity to network and discuss career opportunities through a number of social events

Additional Job Details

• Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET, New York
• City: New York
• Country: United States of America
• Work hours/week: 40
• Employment Type: Full time
• Platform: CAPITAL MARKETS
• Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-08-28
• Application Deadline: 2026-12-11

Inclusion and Equal Opportunity Employment

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