2026 Capital Markets, Corporate Banking (Real Estate), Summer Analyst (4 Months)

RBC; Toronto; On-site; CAD 40,000 - 55,000; Full time

Job summary

A leading financial services provider in Toronto is seeking a Summer Analyst for 2026. In this role, you will evaluate and structure debt investments in commercial real estate. The position offers exposure to various aspects of real estate financing and mentorship opportunities within a dynamic team focused on growth and collaboration.

Benefits

Mentorship and networking opportunities

Dynamic work environment

Potential for career growth

Qualifications

• Excellent quantitative, analytical and communication skills are essential.
• High proficiency in MS Excel, Word, and Outlook is required.
• Strong problem-solving skills needed to manage multiple priorities.

Responsibilities

• Perform valuation analysis using methodologies for commercial real estate.
• Build detailed financial models to evaluate real estate performance.
• Prepare presentation materials for committee meetings.

Skills

Quantitative skills

Analytical skills

Communication skills

MS Excel proficiency

Team player attitude

Education

Enrollment in a relevant degree program

Tools

MS Excel

MS Word

Outlook

Job description

Overview

RBC Capital Markets is a part of the Royal Bank of Canada, one of the largest providers of financial services in the world. The Real Estate Corporate Banking (RECB) platform focuses on real estate finance products supporting institutional firms and top-tier operating partners, origination of credit capital to finance major commercial real estate product types, principally in Canada with coverage in the US, Europe and other regions where clients operate. RECB provides debt capital market solutions for premier real estate owners and sponsors, targeting publicly traded REITs, Canadian pension fund subsidiaries focused on CRE, and real estate private equity/asset management clients. RECB oversees a loan portfolio of C$11.5B of commitments and offers secured/unsecured revolving facilities, term loans, capital call facilities, construction loans, commercial mortgages, bridge financing, and related derivative facilities.

What is the opportunity?

RECB is seeking a co-op/intern for Summer 2026. Analysts work on deal teams to evaluate, underwrite and structure senior debt investments in the commercial real estate space. Analysts participate across all stages of a transaction with a focus on financial analysis, valuation, and market research, gaining exposure to full-time analysts, associates, and senior team members within RECB and RBC Capital Markets.

As a Summer Analyst you will benefit from a mentor, informal mentoring from team members, and a program featuring social events to facilitate networking and discuss career opportunities.

Tasks/Responsibilities

• Perform valuation analysis using methodologies including discounted cash flow, multiples valuation, and transaction comparables
• Build detailed financial models to evaluate real estate performance under various scenarios and analyze impacts of different capital structures
• Prepare presentation materials for committee meetings on deal strategy, market overviews, and CRE activity
• Participate in all stages of real estate debt transaction origination, from due diligence to closing
• Coordinate efforts with deal team members and capital markets colleagues

What do you need to succeed?

• Excellent quantitative, analytical and communication skills
• High proficiency in MS Excel, Word, and Outlook
• Ability to manage multiple priorities and take on responsibility
• Strong team player attitude
• Ability to operate in a fast-paced and challenging environment

What’s in it for you?

We thrive on challenging ourselves, progressive thinking, and working together to deliver trusted advice to help our clients thrive and communities prosper. We value collaboration, potential growth, and mutual success, and aim to support each other and our communities.

• Leaders who support your development through coaching and opportunities
• Opportunity to make a meaningful and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team

Application Instructions

In order for your application to be considered, please upload your COVER LETTER and RESUME as ONE PDF FILE.

We thank all interested candidates; however, only those selected for an interview will be contacted.

Additional Details

Address: 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: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2025-09-03

Application Deadline: 2025-09-18

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace with diverse perspectives is core to our growth as a leading bank. RBC strives to deliver this through policies and programs that foster respect, belonging and opportunity for all.

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