Royal Bank of Canada

2027 Capital Markets, Global Investment Banking Summer Associate - Houston

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Rising second-year MBA student from an accredited program
  • At least 2 years of work experience post-undergraduate
  • Strong time management and prioritization skills
  • Proficiency in collaboration, relationship building, and communication
  • Active participation in extracurricular activities

Responsibilities

  • Assist with live transactions and client development initiatives
  • Develop and maintain complex financial models
  • Contribute to client meetings and presentations
  • Conduct market trend research
  • Analyze future opportunities for clients

Benefits

  • Gain foundational investment banking skills such as financial modeling and negotiation
  • Deepen understanding of RBC's products and services
  • Receive mentorship from full-time Associates or Vice Presidents
  • Network through various social events and career discussions
Full Job Description
Job Description

Global Investment Banking Summer Associate - Houston

What is the opportunity?

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 an opportunity for you to experience the culture and atmosphere of RBC Capital Markets and experience 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. We recruit for the following industry and product groups for our Houston office:

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 in 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 the following:
  • Students in their penultimate year of study at an accredited 2-year MBA program
  • 2+ years' work post-undergraduate work experience
  • Ability to manage multiple competing priorities and thrive in a fast-paced and challenging environment
  • Value and possess strong competency in the following behaviors: Collaboration, Relationship Building, Communication, Integrity and Operating with Diverse and Inclusive Mindset
  • 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, reaching our individual/collective potential, making a difference to our communities, and achieving 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


The good faith expected salary range for the above position is $175,000 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 culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value


Job Skills

Additional Job Details

Address:

609 MAIN STREET:HOUSTON

City:

Houston

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2026-08-26

Application Deadline:

2026-12-11
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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