About this opportunity
0000050176 RBC Capital Markets, LLC lists this 2027 Global Markets Summer Analyst, Origination - Delaware opportunity in wilmington, Delaware. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Global Markets Summer Analyst, Origination – Wilmington, DE
WHAT IS THE OPPORTUNITY?
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.
Conduit Finance is a global business within RBC Capital Markets that provides underwriting, asset securitizing, liability management and ABCP issuance execution to help our clients across successfully raise funding within the financial markets. The group works closely with our investment banking, derivatives platform, equity capital markets and sales and trading groups globally to advise and to achieve optimal execution across the capital structure of our clients. Conduit Finance offers internship opportunities for energetic, bright and talented undergraduates. Our Summer Analyst Program extends for 10 weeks and provides interns the opportunity to gain in-depth, hands-on experience while working and learning alongside our experienced market professionals.
In evaluating and selecting intern candidates, we look for well-rounded individuals with a track record of outstanding academic achievement, an attention to detail, ability to thrive in a multi-tasking and detail-oriented environment, proven technical and analytical skills and a diversity of extracurricular activities. Other essential qualities we look for include strong oral and written communication skills, leadership qualities, initiative and the ability to play a key role as a team member in a fast-paced and challenging work environment.
Our summer analysts help develop ideas and market insights to support various levels of the Conduit Finance team with focus on working with the Conduit Funding team to support ABCP issuance and trading across RBC’s global issuance platform. Being a junior trading analyst within Conduit Finance is unique as you will be exposed to various structuring and issuance of various short-term ABCP structures in both the US and Canadian money markets.
Securitization (Conduit Finance) is a top-3 originator across the industry and offers attractive financing alternatives for companies that have current funding and liquidity needs. We work with clients to identify and convert future income streams – such as auto receivables, student loans and credit card receivables – into tradeable securities. We have extensive experience covering a wide range of traditional and non-traditional assets, as well as delivering innovative solutions and proprietary analytics. RBC’s Conduit Funding team overseas the funding of client transactions via ABCP issuance.
Our conduit programs are largely viewed across the investor base as a flight to quality and a top tier issuer within the market. As a Conduit Finance Summer Analyst you will spend your time:
Role will have exposure to both our ABCP trading and asset origination sides of the business, working on both structuring projects as well as daily funding/trading activities
Working as a junior trader to support the daily ABCP issuance and funding for RBC’s 6 multi-seller conduit programs
Assist with the daily issuance, pricing of CP and liability management guidelines
Preparing term sheets and pricing supplements for structured CP note issuance
Creating marketing pitch books for both origination clients and ABCP investors
Conducting and presenting research to identify market trends on asset classes and peer issuers used in business decisions
Supporting with funding and structuring live client securitization transactions
Working closely with senior bankers and traders to better understand the business we do
WHAT DO YOU NEED TO SUCCEED?
Must-Have: Top grades in a four-year US college or university program (rising Junior or Senior status)
Basic market knowledge and a demonstrated keen interest in capital markets
Strong quantitative, analytical and communication skills
Extremely motivated and able to take initiative in order to identify ways to add value and improve practices
Problem-solving skills, business sense and the ability to multi-task & prioritize in high pressure environments
Positive attitude with willingness to perform beyond what is being asked
Proficient with the use of Microsoft Word, Excel, PowerPoint and Outlook
Nice to Have: Basic understanding of financial mathematics and concepts
Technical knowledge of programming/coding languages
Knowledge of accounting and ability to interpret financial statements
Familiarity with Bloomberg
WHAT’S IN IT FOR YOU?
We thrive on the challenge to be our best in a team-oriented, creative environment 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. From this experience you would gain: Direct exposure and hands-on experience including opportunities to do challenging work Ability to make a difference and lasting impact Opportunity to connect with different desks across our Global Markets businesses, 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: 2751 CENTERVILLE ROAD:WILMINGTON
City: Wilmington
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: CAPITAL MARKETS
Job Type: Student/Coop (Fixed Term)
Pay Type: Salaried
Posted Date:
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.
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Worksite address
wilmington, DE, 19894, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.