2025 Capital Markets, Cash Management Summer Analyst - New York City, United States - Royal Bank of Canada
Description
Job SummaryJob DescriptionABOUT RBC CAPITAL MARKETSRBC 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 (RBCCM) 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 capitalisation.
With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks. RBC Capital Markets is taking on a greenfield new project: a U.S. Cash Management platform. Sitting at the intersection of finance and technology, this important internal initiative will deliver significant impact for RBC.
We're a team of big dreamers and even bigger do-ers; we are forging a new path for how RBC does business, develops products, and delivers exceptional client experiences. US Cash Management Summer ProgramWe are actively seeking energetic, bright and talented Summer Analysts to support our U.S. Cash Management function at RBCCM. The US Cash Management Summer Program extends for 10 weeks and provides interns the opportunity to gain in-depth, hands-on experience while working and learning alongside our experienced market professionals.
Structured as a rotational program, students will be provided with practical training, in-depth product knowledge, hands-on cash management and career-building mentorship throughout the ten-week program. Who are you? In selecting intern candidates, we look for well-rounded individuals with a track record of outstanding academic achievement, proven technical and analytical skills and a diversity of extracurricular activities that indicate a potential aptitude for success in fast-paced, product development environment.
The successful candidate has strong interest in Capital Markets and Transaction Banking. Other essential qualities we look for include strong oral and written communication skills, leadership qualities, initiative and curiosity, and the ability to play a key role as a team member. You have a curious and inquisitive mind, eager to explore new concepts and challenges, and solve ambiguous problems.
You are someone who can create high quality work from conception to execution and are always up for new complex challenges. You are iterative, always searching for opportunities to improve the status quo. You are positive, always uplifting others and encouraging the best.
You are resourceful, scrappy, and able to problem solve when limited context is available. What will you do? Summer Analysts will rotate across 2 desks within US Cash Management.
Our business model includes Product, Sales, Operations, and Business functions, and so your experience could encompass but not be limited to:Help in crafting strategy and execution prioritization and plan for the launch and growth of US Cash management business, including market research to understand evolving trends in the cash management space and what our peer banks are planning. Participate in deep dives with clients to understand their needs and pain points and create a two-way forum to help co-create our products and services with clients. Work in product development and design to solve for client's pain-points and deliver a consumer-like experienceWork in frontend Sales to develop client relationships and create industry expertise to solve pain points and win businessLearn Project Management Framework and provide support in Project Management activities.
Opportunity to learn new Project Management tools like JIRA, Confluence and SharePoint. Analyze financial and non-financial data and present in way that will help in management reporting and decision makingAssist Business Management team in strategizing and defining change management and operational readiness requirementsWhat do you need to succeed? Must-haveBachelor's Degree with a focus in Business, Economics, Finance, Mathematics, or related fieldGraduating Spring 2026 or December 2025Excellent analytical and communication skillsAbility to work as a team, collaborate effectively and take the lead when neededAbility to manage dynamic priorities and tight deadlines in a challenging, fast-paced environmentGenuine interest in capital markets, finance and bankingIntellectual curiosity, enthusiasm and willingness to learnWorking knowledge of MS Office applicationsStrong professionalism and workplace etiquetteWhat's in it for you?
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.
Direct exposure and hands-on experience including opportunities to do challenging workAbility to make a difference and lasting impactOpportunity to work closely with different aspects of cash management, leading Fintechs and see the rapid evolution of the payment spaceExposure to Banking and RBC as a wholeAbility to work in a dynamic, collaborative, progressive, and high-performing teamTraining including orientation sessions as well as an in-class curriculum and regular information sessions with key business leadersThe good-faith expected annual salary 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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder valueUSCASHMGMTJob SkillsAdditional Job DetailsAddress:BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORKCity:New YorkCountry:United States of AmericaWork hours/week:40Employment Type:Full timePlatform:Capital MarketsJob Type:Student/Coop (Fixed Term)Pay Type:SalariedPosted Date: Application Deadline: Inclusion and Equal Opportunity EmploymentAt 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.
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