RBC Capital Markets
Overview
Introduction
RBC Capital Markets is widely considered to be the top investment bank in Canada, and it's a growing bank in the U.S. Interns get live deal experience while working alongside senior bankers. Full-timers get extensive training and mentoring, and the ability to work internationally. The culture is supportive and friendly, and a good work/life balance can be achieved.
Company Stats
Employer Type
2019 Employees (All Locations)
Featured Rankings
Major Office Locations
Employment Contact
Vault Verdict
Note: The firm did not participate in our 2022 Banking Survey; all employee reviews are from our surveys in previous years.
Widely considered to be the top investment bank in Canada, RBC Capital Markets is also a growing investment bank within the U.S. Ideally, the firm is looking for entry-level candidates who are highly intelligent, hardworking, team players, skilled problem solvers, and interested in finance. The firm’s internship program offers students a chance to gain real deal experience while learning from and working alongside senior bankers and traders. For full-time employees, the firm offers extensive informal training and mentoring, as well as the opportunity to work internationally. RBCCM’s...
About the Company
RBC Capital Markets provides investment banking products and services to institutions, corporations, governments, and high-net-worth clients around the world. It has more than 7,800 employees who work out of 70 offices in 15 countries and serve clients throughout North America, Europe, and the Asia-Pacific region. RBC Capital Markets is part of the Royal Bank of Canada, which was founded in 1869 and today has well over a $1 trillion in assets and approximately 86,000 employees. The Royal Bank of Canada has one of the highest credit ratings of any financial institution, and by market capitalization, it ranks among the 15 largest banks in the world and top five in North America. For many years, the firm has had a leading presence in Canada, consistently topping the investment banking league tables in the country....
Employee Reviews
- “Usually pretty good hours on weekdays comparable to other groups (i.e. not a lot of post 1 a.m. nights). But ‘protected weekends’ are not respected, and vacation times are hard to take and not flexible.”
- “Actively engaged in promoting work/life balance and making strides on this front. We recently hosted an employee roundtable to discuss ways in which we can make the work process more efficient. There is engagement at the highest levels of the organization, and similar initiatives are taking place globally. But banking is still banking; lots of hours and lots of stress.”
- “Willing to have honest conversations about work/life balance and what our generation looks for in an employer. However, slow response time to initiate changes.”
- “RBC’s quality of life is a great aspect of the job. They are very invested in your wellbeing, and the culture on the desk is something that cannot be matched.”
Getting Hired Here
- “Very fast process in which we interview and extend offers within a week. The ideal candidate is a good culture fit, has a high GPA, has previous finance experience, and comes from a core recruiting school.”
- “Looking for highly intelligent people willing to work hard and actively think through and solve problems. Must be a team player. Strict no a**hole policy.”
- “Must be hardworking, and keenly interested in finance, investing, and business. Must also have good general business sensibility.”
- “Too much focus on ‘target schools’ and so we end up attracting lower quality students that have the target school name (such as Penn, NYU, Columbia, Cornell, and Michigan). We need to target a broader set of top 20 or top 30 schools: Dartmouth, Texas, Georgetown, WashU, Indiana, etc.”
Perks & Benefits