Winter 2020 Co-op, Sustainable Finance Group, Capital Markets
What is the opportunity?
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 in the world.
Internship opportunities exist within RBCCM for energetic, bright and talented undergraduates and graduates. The co-op program extends for 16 weeks and provides interns the opportunity to gain in-depth, hands-on experience while working and learning alongside our experienced market professionals.
In selecting intern candidates, we look for well-rounded individuals with a track record of outstanding academic achievement, 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. Fluency in more than one language is an asset.
What will you do?
The Sustainable Finance Group leads the integration of sustainable and environmental, social, and governance (ESG) factors into RBC CM’s core businesses globally. This opportunity within the Sustainable Finance Group will be highly initiative-driven and in addition to setting responsibilities, the student will excel by seeking out their own opportunities to learn and add value. Key responsibilities include:
Analyze environmental, social, and governance (ESG) data for use in driving client and marketing materials
Prepare clientfocused material by using third-party ESG research databases and company publications
Prepare and update presentations for marketing purposes
Conduct research on thematic topics related to ESG factors
Assist with the preparation of the team newsletter
Leverage research, news, and information sources such as Bloomberg to write the daily morning market commentary
Complete investment theses and stock pitches
What do you need to succeed?
Successful completion of a minimum of first year of a business/economics/finance or related degree
Basic market knowledge and a demonstrated keen interest in capital markets
Interest in environmental, social, and governance (ESG) issues
Strong research abilities and excellent analytical and communication skills
Extremely motivated and able to take initiative in order to identify ways to add value and improve practices
Demonstrated problem-solving skills, business sense and the ability to multi-task and prioritize in high pressure environments
Proficient with the use of Microsoft Word, Excel, PowerPoint and Outlook
Office hours tied to global markets: 7 a.m. to 5 p.m.
Nice to have:
CSC and CPH preferred and enrolment in CFA a strong asset
Prior related work experience valued
Prior use of Bloomberg, Thomson and Reuters preferred
In order for your application to be considered, please specify the university or business school you are currently attending and your program of study on the application form.
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. At RBC, you will have opportunities to:
Interact with leaders who support your development through coaching and managing
Make a difference and lasting impact through meaningful work
Work in a dynamic, collaborative, progressive, and high-performing team
Participate in a world-class training program in financial services
Complete to do challenging work
Build close relationships with clients
Access a variety of job opportunities across business and geographies
This position is highly initiative-driven. In addition to the set responsibilities for the Intern, Sustainable Finance Group, the chosen candidate will have the ability to excel at their role and in their personal development by identifying learning opportunities and ways to add value to the functioning of the trading floor.
Some of the key outcomes of this role are:
Exposure to a unique team within a top-tier investment bank that works in collaboration with Investment and Corporate Banking teams, as well as Global Markets professionals, to lead the integration of sustainable and environmental, social, and governance factors into Capital Markets businesses globally
Exposure to the various functions of the Sales and Trading department of a top-tier investment bank
Students are given the opportunity to engage with and learn from industry professionals such as Sales Associates, Coverage Traders, Hedge Fund Sales and Trading Desk, Electronic and Portfolio Traders, Liability Traders and Derivatives Traders
May be given the chance to attend relevant conferences, company meetings, Research Analyst’s presentations and listen to conference calls
Develop proficiency and fluency in the areas of market conditions, equity-specific knowledge, investor behaviour and trading floor dynamics
Strengthen equity research abilities and develop skills in the use of specific research tools such as Bloomberg, Thomson, Reuters, Mind Align, DS Book and RBC CMXpress.
Develop an understanding of investment strategies, financial instruments, commodity markets and equity transaction processes
How to apply?
Please submit your cover letter, unofficial transcript and resume online by 09/22/2019 .
We thank all interested candidates; however, only those selected for an interview will be contacted.