2026 Capital Markets, RBC Clear, Summer Analyst (4 Months)

RBC; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

A premier investment banking firm in Toronto is seeking Summer Analysts to join their RBC Clear team. This role involves crafting strategies for cash management, analyzing data to drive decisions, and collaborating with clients. Candidates should have a Bachelor's degree in Business or Finance, graduating in late 2026 or early 2027, along with strong analytical and communication skills. This position promises hands-on experience in a dynamic, high-performing team that impacts the financial landscape.

Benefits

Direct exposure to hands-on experience

Training and career development programs

Opportunity to work in a progressive team

Qualifications

• Graduating December 2026 or Spring 2027.
• Genuine interest in capital markets, finance, and banking.
• Intellectual curiosity, enthusiasm, and willingness to learn.

Responsibilities

• Help in crafting strategy and execution prioritization.
• Participate in client deep-dives to understand needs.
• Analyze financial and non-financial data for management reporting.

Skills

Analytical skills

Communication skills

Team collaboration

Time management

Problem-solving

Education

Bachelor’s Degree in Business, Economics, Finance, or Mathematics

Tools

MS Office

JIRA

Confluence

SharePoint

Job description

Job Description

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 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 capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

What is the opportunity?

We are actively seeking Summer Analysts to support the RBC Clear team. The successful candidate has strong interest in Capital Markets and Transaction Banking and a solid academic track record. RBC is North America’s 5th largest bank and a premier, full‑service investment bank with a strong US presence and significant momentum across four continents.

RBC Clear is a new Cash Management offering from RBC Capital Markets that launched in April 2024. By collaborating with corporate treasurers and building with the latest technology, RBC Clear has developed a Cash Management solution designed to put large corporations in full control of their working capital. This pivotal team sits at the intersection of finance and technology and is already delivering significant impact for RBC. We’re a team of big dreamers and even bigger doers; we are forging a new path for how RBC does business, develops products, and delivers exceptional client experiences.

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?

RBC Clear will provide Summer Analysts with a unique opportunity to work in diverse roles in this new business under RBC Capital Markets. Our business model includes Product, Sales 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 two‑way forum to help co‑create our products and services with clients.
• Work in product development and design to solve for client’s pain‑points and deliver a consumer‑like 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 non‑financial 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.
• Develop relationship and coordinate across Risk, Finance, Capital Markets, Technology teams to facilitate project execution.

What do you need to succeed?

Must‑have

• Bachelor’s Degree with a focus in Business, Economics, Finance, Mathematics or related field.
• Graduating December 2026 or Spring 2027.
• 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, fast‑paced environment.
• Genuine interest in capital markets, finance and banking.
• Intellectual curiosity, enthusiasm and willingness to learn.
• Working knowledge of MS Office applications.
• Strong professionalism and workplace etiquette.

What’s in it for you?

• Direct exposure and hands‑on 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 Fintechs and see the rapid evolution of the payment space.
• Understanding and exposure to Risk – specifically Operational risk.
• Exposure to Banking and RBC as a whole.
• Ability to work in a dynamic, collaborative, progressive, and high‑performing team.
• Training including orientation sessions as well as an in‑class curriculum and regular information sessions with key business leaders.

Job Skills

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W: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: 2025-12-15

Application Deadline: 2026-01-09

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 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.

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