2025 Capital Markets, Us Cash Management, Summer - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

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Description

Job Summary

RBC 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 Program
We 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 16 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 sixteen-week program.

Who are you?

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 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 twoway forum to help cocreate our products and services with clients.
Work in product development and design to solve for client's painpoints and deliver a consumerlike experience
Work in frontend Sales to develop client relationships and create industry expertise to solve pain points and win business
Learn 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 nonfinancial data and present in way that will help in management reporting and decision making
Assist Business Management team in strategizing and defining change management and operational readiness requirements

What do you need to succeed?

Must-have

Bachelor's Degree with a focus in Business, Economics, Finance, Mathematics or related field
Graduating December 2025 or Spring 202
Excellent analytical and communication skills
Ability to work as a team, collaborate effectively and take the lead when needed
Ability to manage dynamic priorities and tight deadlines in a challenging, fastpaced environment
Genuine interest in capital markets, finance and banking
Intellectual curiosity, enthusiasm and willingness to learn
Strong professionalism and workplace etiquette

What'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 handson experience including opportunities to do challenging work
Ability to make a difference and lasting impact
Opportunity to work closely with different aspects of cash management, leading Fintech