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At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose. Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title2023/4 Summer Intern - Corporate Banking AustraliaJob DescriptionWhat is the opportunity? RBC Capital Markets is a premier investment bank that delivers a broad range of products and services to institutions, corporations, governments and high net worth clients in over 100 countries. We are seeking energetic, bright and talented undergraduates for our Corporate Banking Summer Internship Program in Sydney.

We understand that the first steps in a finance career are critical. With that in mind, we have the right formula to provide you with the opportunities and professional development you need to turn those first steps into a rewarding career. You will be part of a company with a superior financial track record, credit rating and reputation.

Interns will gain hands-on experience within our Corporate Banking function and receive career-building mentorship, as well as gain valuable exposure to the operations of a major international investment bank. What will you do? Summer interns will assist the Corporate Banking team in the origination, structuring, execution, administration and portfolio management of credit facilities and M&A-related financings to a portfolio of RBC Capital Markets’ clients.

This may include:Participating in the due diligence process for new financing transactions by analysing company filings, financial statements, diligence reports, equity / credit research, etc., as well as attending management presentations and diligence calls;Assisting with the preparation of internal credit presentations and related credit submission documentation, including producing detailed written credit analyses and anaylsing financial models to assess the creditworthiness of new and existing clients;Collaborating with peers from Investment Banking, Leveraged Finance, Risk Management and various other internal product partners to assess deal structures, industry dynamics and investment merits;Supporting team members in various ad-hoc and recurring initiatives such as portfolio management, administration and reporting, pipeline management and annual budgeting, as well as other special projects as needed; andLiaising with back and middle office functions to set up transactions on various internal systems. You will be supported and developed in numerous ways throughout your internship, including participation in our formal orientation training programs and constructive feedback from your business manager throughout your internship. What do you need to succeed?

We are interested in highly motivated candidates who have successfully balanced university, work experience and extra-curricular activities. Other essential qualities we look for include proven analytical skills, strong oral and written communication skills, the ability to play a key role as a team member in a fast-paced and challenging work environment, and a genuine interest in corporate finance and credit. Candidates must be in their penultimate year of study, and be Australian Citizens, Permanent Residents or eligible to work in Australia.

What’s in it for you? Our Summer Internship Program will provide you with the tools, support and flexibility to kick start your career. At RBC Capital Markets, you will:Develop a deep credit, structuring and execution skillset across various industry verticals, spanning a wide range of transaction types, and covering the entire ratings gamut from investment grade corporates, small/mid-market leveraged situations and private equity funds;Play an integral part in a growing and dynamic team with strong deal flow, a collegial and collaborative work environment and a flat structure with an open door policy;Gain direct involvement in and exposure to marquee M&A, LBO, acquisition and related transactions;Opportunity to build relationships with various industry and product partners and learn about RBC’s full product suite;Position provides a clear career path with significant runway in a team-oriented environment.

You will have the opportunity to take on increasing responsibility and earn recognition for your successes. We thrive on the challenge to be our best. Progressive thinking keeps us growing and working together to deliver trusted advice to help our clients thrive and communities prosper.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process. Join our Talent CommunityStay in-the-know about great career opportunities at RBC.

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