Associate, RBC Capital Partners at RBC in TORONTO, Ontario, Canada

Associate, RBC Capital Partners

Location: TORONTO, Ontario, Canada

WHAT IS THE OPPORTUNITY?

RBC Partners is the VC/PE investment platform of RBC, working alongside the Enterprise Strategy and Corporate Development groups. This includes both direct VC and 3rd party managed VC and PE fund investments. In this role you will work with our partners in other RBC business units where direct venture capital investments or fund investments support our strategic objectives. As it relates to direct investments, our primary focus is on investments that can help drive innovation and support strategic objectives in RBC.

WHAT WILL YOU DO?

You will be part of a small team with active involvement in identifying, developing, and working on VC investments as well as fund investments in support of RBC’s strategic priorities. You need to be able to thrive in a fluid, fast-paced, sometimes ambiguous, environment with many stakeholders. As an Associate you will be actively involved in the day-to-day activities of our team in a number of areas, including:

• Performing detailed market and company research as it relates to sectors of interest and due diligence for potential investments, which would typically entail...
  • Lead financial modeling and valuation analysis as applicable to the investment opportunity
  • testing products and services
  • competitive market analysis
  • speaking with industry and technical experts
  • conducting reference checks of company founders and executives as well as with customers and partners
  • Contribute to the drafting of investment memos.
• Working with our portfolio companies, including potentially supporting them with research projects, competitor analysis, valuation work, financial modeling, etc.
• Network with peers in other VC Firms and generally in the startup community. Build a relationship with VC Funds to understand their portfolio and pipeline where possible
• Stay close to market developments to help identify new investment trends and opportunities.
• Research specific sectors of strategic interest to identify and connect with companies that could be interesting investment targets
• Deal screening: call and/or meet with prospects, evaluate opportunities

WHAT DO YOU NEED TO SUCCEED?

Must have:

• Background in AI/ML investing or experience at an AI-focused startup or working closely with AI teams
• 2-3 years Venture Capital experience
• B. Eng., CFA, and/or MBA preferred and/or equivalent experience.
• Outstanding analytical and critical thinking skills
• Exceptional written and oral communication/presentation skills
• Detail-oriented, proactive, and self-motivated with strong curiosity, drive and the ability to self-direct – your work and time will be somewhat open-ended by nature and you must be able to identify and execute on opportunities to contribute to the team sometimes with little direction
• Advanced skills with Excel, PowerPoint and Word including excellent financial modelling skills
• Entrepreneurial attitude and interest in working with seed and early stage companies
• Solid understanding of business and financial concepts
• Strong interpersonal skills - you'll often be talking to entrepreneurs and other investors
• Strong organizational skills - you’ll be keeping track of documents for a large portfolio of investments

Nice-to-have:

• Exposure to FinTech and financial services innovation
• Experience in one of Capital Markets, Investment Banking or Management Consulting.
• Ideally some prior startup and/or programming experience

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 and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

Job Skills

Communication, Critical Thinking, Detail-Oriented, Economic Analysis, Financial Regulation, Interpersonal Relationship Management, Personal Development, Personal Initiative, Portfolio Management, Quantitative Methods

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFORegularSalaried2026-04-242026-09-16

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.