Vacancy details
Details
2027 Summer Analyst - Global Markets (Private Side)
Vacancy type
Campus Role Summer Analyst Programme Global Markets Location London Intake Year 2027
Description
2027 Summer Analyst - Global Markets (Private Side)
Application Deadline: Rolling; early application recommended.
Please note you can only apply to one vacancy per intake year.
Applications are open to students in their penultimate or final year of university.
Royal Bank of Canada is a premier investment bank that provides a focused set of products and services to institutions, corporations, governments and high net worth clients in over 100 countries.
We understand that the first steps in any career in finance are critical. With that in mind, we have the right formula to provide you with the opportunities and professional development you need to turn those first steps into a rewarding career.
You'll be part of a company with a superior financial track record, credit rating and reputation.
In fact, we maintained a high credit rating throughout the financial crisis.
Interns will gain hands-on experience within Global Markets and receive career-building mentorship.
We are committed to hiring the best students as we understand the value of growing talent from within the Summer Intern Programme and the significance that this diversity brings to our workforce.
Programme details:
As a Summer Intern you will rotate through key areas of our Global Markets function on the private side to develop an insight into the responsibilities of a full-time Global Markets Analyst in Securitisation, Alternate Finance, Risk Solutions Group (RSG), Financial Institutions Group (FIG) Solutions, or Public Sector Origination.
You will gain valuable exposure to the operations of a major international investment bank, as well as the hands-on experience you need to kick-start your career.
Desk descriptions:
Securitisation provides secured financing solutions to RBC's clients across a broad range of industries (including corporate, NBFI and private capital) and asset classes (including auto leases, consumer loans and residential mortgages).
Alternate Finance supports RBC's private credit clients via their CLO management platforms to finance portfolios of corporate loans & participating as senior lender in private credit asset-backed loan facilities (ABL).
The team is establishing itself as a full-service European CLO arranger with integrated distribution and secondary trading capabilities.
The teams cover structuring (developing transaction capital structures via data analysis and credit models), financing (lending RBC's balance sheet to finance the portfolio of assets in a private transaction) and distribution (assisting clients to access broader investor base in the public markets), as well as advisory support to other product groups e.g. GIB and Solutions.
Risk Solutions Group (RSG) is a multi-asset, client-facing derivatives business within RBC's Private Side that serves corporate, public sector and financial sponsor clients with pricing and solutions on Rates, Inflation and FX products.
They do day to day hedging for clients as well as event – driven transaction linked to M&A, ECM or Debt issuance.
RSG professionals coordinate across RBC's broader capital markets platform to deliver integrated risk solutions to clients.
FIG (Financial Institutions Group) Solutions team within Capital Markets (Sales and Trading) is a private side multi-asset team delivering innovative solutions coverage to leading Financial Institutional clients including Banks, Building Societies, Insurers, Asset Managers, and Hedge Funds across the UK and Europe.
As a Summer Analyst you will be instrumental in expanding our solutions capabilities, deepening client relationships, and driving sustained revenue growth across our Rates, Financing, FX, and Credit franchise.
It's a technical multi product sales role covering Interest rate derivatives, financing and credit products.
Learning from experience:
During the course of the programme, Summer Interns are given various projects to complete which may include:
- Supporting with marketing, structuring and executing structured finance transactions across CLO, ABS and RMBS
- Joining meetings with clients
- Assisting in the preparation of marketing materials and risk summaries
- Learn how to analyse credit risk across various asset classes and model structured credit transactions
- Support on Capital Markets issuances for structured finance clients by preparing investor materials, and working with our syndicate & sales teams
- Liaise with product partners across hedging, corporate banking, fund finance and repo desks
- Ability to price and model multiple financial structures.
- Be responsible for day-to-day implementation of new client onboarding,
- Ensure good coordination with other areas of Capital Markets
- Partner and collaborate closely with Trading and Structuring colleagues to maximise product capabilities.
- Manage smaller-sized accounts, providing execution support alongside the team.
Training and development:
You will be supported and developed in numerous ways throughout the programme including:
- Classroom based training covering commercial and industry knowledge
- Speaker Series - regular information sessions delivered by our leading market professionals
- On the job training
- Buddy programme
- Networking and shadowing opportunities
- Social events with the wider 2027 Capital Markets cohort
You will receive regular constructive feedback from your manager throughout your placement.
Great care and resources have been devoted to ensure that at the end of the programme you have a solid understanding of the elements necessary for a successful career in the Markets function.
What do we look for?
We seek individuals who combine strong academic achievement with exceptional analytical capabilities and a genuine passion for finance.
Beyond technical skills, we value candidates who demonstrate outstanding quantitative and analytical abilities, along with strong oral and written communication skills.
We look for problem-solving acumen, personal initiative, and critical thinking paired with original, creative perspectives.
Attention to detail is essential, as is proven leadership potential and the ability to drive projects to completion with accountability.
We're looking for adaptable professionals who thrive in fast-paced, challenging environments and bring a client-first mindset to their work.
Candidates should be comfortable pricing and modeling multiple financial structures while collaborating effectively across diverse teams.
We value versatile team players who take ownership, bring fresh thinking to complex problems, and are committed to delivering results while supporting their colleagues.
A strong academic record with demonstrated extracurricular involvement is important, as is a track record of initiative and applying quantitative skills in real-world contexts.
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