Associate, Global Investment Banking - Debt Capital Markets (DCM)

Job summary

The Associate will assist in the structuring and execution of corporate debt financings while supporting client advisory efforts across various banking divisions. They will also prepare transaction documentation, provide general support to the DCM group, and contribute to the training of junior analysts.

Job details

Job Description 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. Our Global 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. 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. With teams located in North America, Europe, Australia and Asia, we offer clients across the public and private sectors insightful financial advice, bring a competitive advantage on funding solutions, and assist in navigating complex investment decisions. What is the opportunity? RBC Capital Markets Global Investment Banking is seeking an Associate to join its market leading Debt Capital Markets group in Toronto. RBC Capital Markets’ Debt Capital Markets group provides a broad range of fixed income execution and advisory services to domestic and international clients, including corporate issuers across a broad range of industries, and financial institutions. The Debt Capital Markets group in Canada is primarily responsible for structuring and marketing public and private debt instruments in both investment grade and high yield. As an Associate, you will work closely with investment banking industry coverage partners, corporate banking, sales and trading, and derivatives teams as well as with our global Debt Capital Markets partners to achieve optimal execution for our evolving client base. What will you do? Assist in the structuring and execution of corporate debt financings and support broad client coverage Support client advisory and work collaboratively with Global Investment Banking, Corporate Banking and Global Markets colleagues Develop and hone transferable analytical skills through direct transaction experience Gain exposure and insight into investment banking client coverage and global capital markets Assist in the preparation of client presentations and transaction documentation for both deal execution and client coverage efforts Provide general support to the debt capital markets group Play an important role in training and development of junior analyst resources Work directly with senior levels of Canada’s largest and fastest growing companies Build a long-term career in Capital Markets What you need to succeed? Must-haves University degree, preferably in business/commerce, economics, “STEM” or other relevant discipline Demonstrated superior track record in academic and professional endeavors DCM, investment banking, or related experience (minimum 3 to 4-years direct or related experience) A self-starter and strong team player with ability to work well in a deadline-driven, fast-paced environment Strong quantitative and analytical skills; financial modeling experience would be desired Knowledge of accounting (ability to interpret financial statements) and solid understanding of credit metrics is essential Intellectual curiosity with a passion for markets and sound knowledge of the corporate bond markets Advanced MS Excel, PowerPoint and Word skills are a must High regard for detail and accuracy Excellent written and oral communication skills Willingness to work long hours What’s in it for you? 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. A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation Leaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Flexible work/life balance options 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: Regular Pay Type: Salaried Posted Date: 2026-11-05 Application Deadline: 2026-11-21 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs. 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. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay range for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable. You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals. Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.

What you’ll do

The Associate will assist in the structuring and execution of corporate debt financings while supporting client advisory efforts across various banking divisions. They will also prepare transaction documentation, provide general support to the DCM group, and contribute to the training of junior analysts.

Requirements

Candidates must hold a university degree in a relevant discipline and possess 3 to 4 years of experience in investment banking or debt capital markets. Strong quantitative, analytical, and financial modeling skills are essential, along with proficiency in MS Office and excellent communication abilities.

Benefits

• Bonuses
• Flexible benefits
• Competitive compensation
• Coaching and managing opportunities
• Flexible work/life balance options

Listed skills

• Accounting · Preferred
• Microsoft Word · Preferred
• Communication Skills · Preferred
• Teamwork · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Debt Capital Markets
• Investment Banking
• Financial Modeling
• Accounting
• Credit Metrics
• Corporate Bond Markets
• Quantitative Analysis
• Analytical Skills
• Financial Statement Analysis
• Client Advisory
• Transaction Execution
• MS Excel
• PowerPoint
• Word
• Communication Skills
• Teamwork
• Presentations
• Training And Development
• Innovation
• Investments
• Microsoft PowerPoint
• Microsoft Excel
• Detail Oriented
• Financial Services
• Adaptability
• Marketing
• Economics
• Coaching
• Sales
• Customer Service
• Self-Starter
• Bond Credit Rating
• Critical Thinking
• Capital Markets
• Ability To Meet Deadlines
• Investment Decisions
• Verbal Communication Skills
• Financial Institution
• Financial Statements
• Underwriting
• Workplace Inclusivity
• Commercial Banking
• Intellectual Curiosity
• High-Yield Debt
• Global Marketing
• Financial Advising
• Derivatives
• Financial Engineering
• Fixed Income
• Bond Markets

Job areas

• Finance & Accounting
• Management & Leadership
• Consulting
• Debt Capital Markets Analyst
• Investment Operations Analyst
• Financial Analysts
• Operations Research Analysts

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