Associate, Global Investment Banking - Debt Capital Markets (DCM)
RBC is hiring an Associate, Global Investment Banking - Debt Capital Markets (DCM) in Toronto, Canada. It pays $90k-$135k a year and Level rates it ; you can apply on RBC.
Level's read on this job
- Level rates this role Little AI ●○○○: aI is not part of the work.
- Level classes it as a junior role.
- RBC has 794 other open roles on Level.
- Posted in the last few days.
AI in this role
Job Description
RBC Capital Markets is a part of the Royal Bank of Canada, one of the largest providers of financial services in the world. RBC ranks among the top five banks in North America by market capitalization and has one of the highest credit ratings of any financial institution globally.
Our Global Investment Banking division provides underwriting of equity and debt capital as well as strategic M&A advisory services for leading corporations, institutions and governments throughout North America and around the world. RBC Capital Markets is Canada’s leading investment bank. We have built our successful investment banking business by focusing on our clients and the industry sectors in which they operate.
With teams located in North America, Europe, Australia and Asia, we offer clients across the public and private sectors insightful financial advice, bring a competitive advantage on funding solutions, and assist in navigating complex investment decisions.
What is the opportunity?
RBC Capital Markets Global Investment Banking is seeking an Associate to join its market leading Debt Capital Markets group in Toronto.
RBC Capital Markets’ Debt Capital Markets group provides a broad range of fixed income execution and advisory services to domestic and international clients, including corporate issuers across a broad range of industries, and financial institutions. The Debt Capital Markets group in Canada is primarily responsible for structuring and marketing public and private debt instruments in both investment grade and high yield.
As an Associate, you will work closely with investment banking industry coverage partners, corporate banking, sales and trading, and derivatives teams as well as with our global Debt Capital Markets partners to achieve optimal execution for our evolving client base.
What will you do?
- Assist in the structuring and execution of corporate debt financings and support broad client coverage
- Support client advisory and work collaboratively with Global Investment Banking, Corporate Banking and Global Markets colleagues
- Develop and hone transferable analytical skills through direct transaction experience
- Gain exposure and insight into investment banking client coverage and global capital markets
- Assist in the preparation of client presentations and transaction documentation for both deal execution and client coverage efforts
- Provide general support to the debt capital markets group
- Play an important role in training and development of junior analyst resources
- Work directly with senior levels of Canada’s largest and fastest growing companies
- Build a long-term career in Capital Markets
What you need to succeed?
Must-haves
- University degree, preferably in business/commerce, economics, “STEM” or other relevant discipline
- Demonstrated superior track record in academic and professional endeavors
- DCM, investment banking, or related experience (minimum 3 to 4-years direct or related experience)
- A self-starter and strong team player with ability to work well in a deadline-driven, fast-paced environment
- Strong quantitative and analytical skills; financial modeling experience would be desired
- Knowledge of accounting (ability to interpret financial statements) and solid understanding of credit metrics is essential
- Intellectual curiosity with a passion for markets and sound knowledge of the corporate bond markets
- Advanced MS Excel, PowerPoint and Word skills are a must
- High regard for detail and accuracy
- Excellent written and oral communication skills
- Willingness to work long hours
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, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, TeamworkAdditional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:
TorontoCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
CAPITAL MARKETSJob Type:
RegularPay Type:
SalariedPosted Date:
2026-11-05Application Deadline:
2026-11-21Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.
Pay Range
The expected pay range for this position is:
$90,000.00 - $135,000.00The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay range for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.
You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.
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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
How we rate this
Associate, Global Investment Banking - Debt Capital Markets (DCM) at RBC rates 37 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
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