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Royal Bank of Canada

Global banking, wealth management, and insurance

Associate Corporate Development

Corporate StrategyPosted on Nov 9
Full-timeNew York, NY, USA

About the Job

Requirements

  • A university degree in Business, Finance, Economics, Mathematics, Engineering, or a similar field is required.
  • Four years of experience in corporate finance or mergers and acquisitions is required; experience within an M&A team at a financial services organization, investment bank, or accounting firm is preferred.
  • Advanced financial modeling skills, including valuation analysis, are required.
  • Demonstrated experience preparing insightful presentation materials to assess market landscapes and potential target companies is required.
  • Understanding of the financial services sector and the ability to lead research and analysis across various lines of banking businesses are required.
  • Strong interpersonal and communication skills, including the ability to interact with senior internal and external stakeholders and communicate clearly and concisely orally and in writing, are required.
  • The ability to adapt working hours to the situation is required.

Responsibilities

  • Develop new ideas to motivate organizational discussion and debate on growth pathways.
  • Help define and scope strategic initiatives by preparing business cases based on comprehensive financial and strategic analyses.
  • Collaborate and coordinate with business and functional teams to develop inorganic growth plans.
  • Foster collaboration between RBC business units and functions through engagement, including idea-generation sessions, to support inorganic growth.
  • Work with the Corporate Venture Capital team to align efforts advancing RBC’s inorganic growth agenda.
  • Generate strategic ideas and review potential acquisition and divestiture opportunities for strategic fit and value.
  • Lead strategic analysis of potential growth areas for RBC.
  • Prepare financial analyses, including company forecasts and merger models, synergy and dis-synergy assessments, valuation analyses, and assessments of acquisition or divestiture impacts on RBC Group.
  • Assist with acquisition and divestiture transactions, including coordinating day-to-day activity, leading due diligence, and supporting deal negotiations.
  • Prepare analyses and recommendations on acquisition and divestiture projects for the Group Executive, Board of Directors, and other senior RBC members.
  • Interact with senior RBC business leaders, external advisors, counterparties, and target companies.
  • Monitor market developments and industry dynamics and assess their impact on the Bank.
  • Partner with Investor Relations, Finance, Law Group, and Enterprise Strategy to develop public disclosures related to inorganic initiatives.
  • Support valuation-related Enterprise initiatives, including annual goodwill impairment testing, recovery and resolution planning, and legal entity tax valuations.
  • Support other strategic initiatives and Bank projects as required.

Desired Qualifications

  • Experience in a matrix environment, such as a large publicly traded corporation.
  • Advanced studies such as an MBA; CFA, CA, or CBV credentials are also noted.
  • A global mindset and ability to work with people from different cultures and across time zones.
  • Experience in an M&A team within a financial services organization, investment bank, or accounting firm.

About the Company

Royal Bank of Canada

Global banking, wealth management, and insurance

What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1864

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