Associate, Corporate Development

RBC

Toronto

On-site

CAD 95,000 - 150,000

Full time

8 days ago

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Benefits offered by this job

Bonuses

Flexible benefits

Stock options where applicable

Job summary

RBC in Toronto is seeking an Associate in Corporate Development to support inorganic growth initiatives globally. You will assist in market assessments, evaluate and execute mergers and acquisitions, and contribute to strategic planning with senior leadership.

You will work with cross-functional teams, lead financial analyses and valuation efforts, and help develop business cases for growth opportunities, while coordinating due diligence and deal negotiations as needed.

Qualifications

4 years of experience in corporate finance or M&A, preferably within an M&A team in a financial services organization, investment bank or accounting firm
Advanced financial modeling skills, including valuation analysis
Strong communication and presentation capabilities
Ability to lead research and analysis across banking businesses
Experience preparing insightful presentation materials for market landscape and target companies

Responsibilities

Assist in assessment of market trends and competitive landscape
Support development, evaluation and execution of mergers & acquisitions, divestitures, and joint venture opportunities
Help define and scope strategic initiatives with thoughtful business cases
Collaborate with business and functional teams to support inorganic growth plans
Lead preparation of strategic analyses, company forecasts, and merger models
Coordinate day-to-day execution of transactions and due diligence efforts
Prepare analyses and recommendations for Group Executive and Board
Engage with senior RBC leaders and external advisors

Skills

Strategic thinking

Deal execution

Communication skills

Presentation skills

Financial modeling

Analytical rigor

Critical thinking

Cross-functional collaboration

Education

University degree in Business/Finance/Economics/Math/Engineering

Job description

Job Description

The Corporate Development team plays a critical role in helping shape and execute RBC’s inorganic growth strategy. The team is comprised of a group of highly experienced, dynamic, forward-thinking professionals who provide an internal M&A advisory function and work closely with RBC’s CEO, Group Executives, and senior business executives on strategic priorities. The team has led a number of high-profile initiatives including, RBC’s acquisitions of HSBC Bank Canada and Brewin Dolphin.

For this important and high exposure role, we are looking for an energetic candidate, who has a mix of strategic thinking and deal execution capabilities. The candidate should have strong communication and presentation capabilities. In addition, the candidate should possess critical thinking skills along with analytical rigor to generate value-added insights to enhance the efforts of the Corporate Development team.

As an Associate, you will be a key member of the team responsible for helping across a wide variety of strategic initiatives, including assessment of market trends and competitive landscape, supporting the development, evaluation and execution of mergers & acquisitions, divestitures, and joint venture opportunities as well as ideation in support of inorganic initiatives, globally across the Bank.

WHAT WILL YOU DO?

Bring an entrepreneurial and creative approach to developing new, innovative ideas with the goal of motivating collective organizational discussion and debate on pathways for growth
Along with senior Corporate Development colleagues, help define and scope strategic initiatives by preparing thoughtful business cases, to ensure decisions are based on comprehensive financial and strategic analyses
Collaborate and coordinate with business and functional teams and support the development of inorganic growth plans
Foster collaboration between RBC’s business units and functions through regular engagement (e.g. through idea generation sessions), ensuring connectivity across business units and functions in support of inorganic growth
Work closely with the Corporate Venture Capital team to ensure aligned focus in advancing RBC’s inorganic growth agenda
Play an important role in strategic idea generation and review of potential acquisition and divestiture opportunities for strategic fit and value case
Lead the preparation of strategic analysis of potential growth areas for RBC
Lead the preparation of financial analysis, including building of company forecast and merger models, assessment of synergies / dis-synergies, valuation analysis, and impact of acquisition / divestiture on RBC Group.
Assist in the execution of acquisition and divestiture transactions, including day-to-day coordination of transactions, leading due diligence efforts, and providing support on deal negotiations
Prepare thoughtful analyses and recommendations on acquisition and divestiture projects for the Group Executive, Board of Directors and other senior members of RBC
Interact with senior RBC business leaders, external advisors, counterparties and target companies
Maintain good knowledge of market developments and industry dynamics and their impact on the Bank
Partner with Investor Relations, Finance, Law Group and Enterprise Strategy on the development of public disclosures in relation to inorganic initiatives
Support on valuation-related Enterprise initiatives including annual goodwill impairment testing, recovery and resolution planning and legal entity tax valuations, as required
Provide support as required on other strategic initiatives and Bank projects

WHAT DO YOU NEED TO SUCCEED?

University degree in Business/Finance/Economics/Math/Engineering or similar field
4 years of experience in corporate finance or M&A, preferably within an M&A team in a financial services organization, investment bank or accounting firm
Advanced financial modeling skills, including valuation analysis
Natural curiosity with a keenness for learning and development
Strong initiative to undertake comprehensive analysis to spark idea generation
Demonstrated experience in preparing insightful presentation materials to assess the market landscape and potential target companies
Understanding of the financial services sector and ability to lead research and analysis work across various lines of banking businesses
Strong interpersonal and communication skills with the ability to interact at senior levels internally and externally. Ability to express clearly and concisely, both orally and in writing
Ability to be resourceful and solutions-focused
Flexibility to adapt working hours to the situation required
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Nice-to-have

Experience in a matrix environment, such as a large, publicly-traded corporation
Advanced studies, e.g. MBA, CFA, CA, CBV
Global mindset and ability to work with people of different cultures and across time zones.

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work

Our Employment Opportunities

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.

Address

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

OFFICE OF THE CFO