About the Role
We are seeking an experienced Investment Banking Associate for our Financial Institutions Group (FIG) to provide financial analysis and advisory support on transaction execution and new business development within the insurance, asset management, and wealth advisory sectors.
Responsibilities
- Provide comprehensive financial analysis and advisory support on transaction execution, new business presentations and meetings.
- Conduct market research and competitive analysis on industry trends, regulatory developments, and strategic positioning within insurance, asset management, and wealth advisory sectors.
- Coordinate with Industry, Product and other groups to evaluate and originate new business ideas/opportunities.
- Proactively identify operational risks/ control deficiencies in the business.
- Review and comply with Firm Policies applicable to your business activities.
- Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.
Requirements
- Minimum 5 years of experience in Investment Banking, with at least 3 years in the FIG space.
- Solid understanding of capital markets and spreadsheet modeling.
- Outstanding quantitative and qualitative analytical skills; strong knowledge of finance and accounting.
- Strong written and oral communication skills; excellent interpersonal skills with ability to maintain relationships at all levels of the organization.
- Maintains high standards of professional and ethical conduct, demonstrates ability to represent RBC in community and industry activities.
- FINRA Series 79 and Series 63 licenses.
- Bachelor’s degree and MBA, MA, or MS or equivalent emphasis in finance/accounting.
Skills
- Adaptability
- Critical Thinking
- Customer Service
- Detail-Oriented
- Financial Engineering
- Financial Statement Analysis
- Investments Analysis
- Personal Development
- Personal Initiative
- Teamwork
Location
- New York, United States of America
Work Type
- Full time
Experience Level
- Minimum 5 years of experience in Investment Banking
- at least 3 are in the FIG space
Education Level
- Bachelor’s degree
- MBA, MA, or MS or equivalent emphasis in finance/accounting
Salary/Compensations
- $175,000-$225,000
Benefits
- bonuses
- flexible benefits
- competitive compensation
- commissions
- stock where applicable
- 401(k) program with company-matching contributions
- health, dental, vision, life and disability insurance
- paid time-off plan
About the Company
- 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.
Equal Opportunity
- 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.
