Job DescriptionWhat 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 SkillsAdaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork
Additional Job DetailsAddress: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 RangeThe 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.
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.
