Associate, Corporate Development

The Corporate Development team at RBC plays a critical role in shaping and executing the company's inorganic growth strategy. As an Associate, you will be a key member of the team responsible for helping across a wide variety of strategic initiatives, including assessment of market trends and competitive landscape, supporting the development, evaluation and execution of mergers & acquisitions, divestitures, and joint venture opportunities as well as ideation in support of inorganic initiatives, globally across the Bank.

Responsibilities:

• Bring an entrepreneurial and creative approach to developing new, innovative ideas with the goal of motivating collective organizational discussion and debate on pathways for growth
• Help define and scope strategic initiatives by preparing thoughtful business cases, to ensure decisions are based on comprehensive financial and strategic analyses
• Collaborate and coordinate with business and functional teams and support the development of inorganic growth plans
• Foster collaboration between RBC's business units and functions through regular engagement
• Work closely with the Corporate Venture Capital team to ensure aligned focus in advancing RBC's inorganic growth agenda
• Play an important role in strategic idea generation and review of potential acquisition and divestiture opportunities for strategic fit and value case
• Lead the preparation of strategic analysis of potential growth areas for RBC
• Lead the preparation of financial analysis, including building of company forecast and merger models, assessment of synergies / dis-synergies, valuation analysis, and impact of acquisition / divestiture on RBC Group
• Assist in the execution of acquisition and divestiture transactions, including day-to-day coordination of transactions, leading due diligence efforts, and providing support on deal negotiations
• Prepare thoughtful analyses and recommendations on acquisition and divestiture projects for the Group Executive, Board of Directors and other senior members of RBC
• Interact with senior RBC business leaders, external advisors, counterparties and target companies
• Maintain good knowledge of market developments and industry dynamics and their impact on the Bank
• Partner with Investor Relations, Finance, Law Group and Enterprise Strategy on the development of public disclosures in relation to inorganic initiatives
• Support on valuation-related Enterprise initiatives including annual goodwill impairment testing, recovery and resolution planning and legal entity tax valuations, as required
• Provide support as required on other strategic initiatives and Bank projects

Requirements:

• University degree in Business/Finance/Economics/Math/Engineering or similar field
• 4 years of experience in corporate finance or M&A, preferably within an M&A team in a financial services organization, investment bank or accounting firm
• Advanced financial modeling skills, including valuation analysis
• Natural curiosity with a keenness for learning and development
• Strong initiative to undertake comprehensive analysis to spark idea generation
• Demonstrated experience in preparing insightful presentation materials to assess the market landscape and potential target companies
• Understanding of the financial services sector and ability to lead research and analysis work across various lines of banking businesses
• Strong interpersonal and communication skills with the ability to interact at senior levels internally and externally
• Ability to be resourceful and solutions-focused
• Flexibility to adapt working hours to the situation required

Nice-to-have:

• Experience in a matrix environment, such as a large, publicly-traded corporation
• Advanced studies, e.g. MBA, CFA, CA, CBV
• Global mindset and ability to work with people of different cultures and across time zones

Benefits:

• 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
• Opportunities to do challenging work