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Associate Vice President, Early-Stage Banking, RBCx, Ottawa

2 months ago


Ottawa, Canada Royal Bank of Canada Full time

Job Summary


Job Description


What is the opportunity?

RBCx pursues big, bold ideas and leverages RBC’s extensive experience, networks, and capital to help shape what’s next. Our four pillars – Banking, Capital, Platform, and Ventures – combine to support tech businesses of all sizes and stages, making us the go-to backer of Canadian innovation. Our people are our most valuable assets, which is why we invest deeply in making sure RBCx isn’t just a place to work, but a place to belong. We’re currently looking for ambitious trailblazers and curious minds who want to help grow the next generation of Canadian tech companies. If that’s you, we can’t wait to connect.


What will you do?

  1. Become a trusted advisor to our tech clients and play a role as a partner in their growth journey, with a particular focus on working with pre-seed and seed stage tech startups.
  2. Provide financial solutions, strategic advice, as well as initiate introductions to people or businesses that can help our clients.
  3. Apply a continuous-improvement approach to delivering a superior client experience.
  4. Create deep and meaningful relationships with our clients, and prospective clients, ensuring their needs are prioritized at all times – whether they’re a startup, scale up, entrepreneur or venture capitalist.
  5. Ability to build and maintain relationships in the startup ecosystem in Ottawa, as well as Ontario North and East regions, with key players in the ecosystem, including accelerators, incubators, universities, VC funds, economic development institutions, etc.

What do you need to succeed?

Must-have

  1. Passion for the tech sector: you want to play a role in Canada’s innovation economy.
  2. Excitement for trying new things: RBCx is building an end-to-end platform complete with capital and non-capital solutions to help our clients thrive. We will forever be building, launching new products, and expanding our capabilities, and being able to embrace a constant state of improvement and innovation will be paramount.
  3. Technical capability: you are comfortable with data modeling and financial analysis, as well as marketing initiatives, startup frameworks and business models.
  4. High level of empathy for the founders and startups we work with, and for the ever-changing unknown: a tech company needs can change often – and we need you to be comfortable with throwing plans out the window and going back to the drawing board when needed.
  5. Some banking or financial analysis experience: ideally 1-2 years in commercial lending or business banking, or at a VC fund, or in a similar analytical role/capacity.
  6. Understanding and thorough knowledge of the technology and innovation startup ecosystem in Ottawa, as well as Ontario North & East regions, and Canada and the US broadly, as well as an understanding of the startup company lifecycle journey, with a focus on accelerator/incubator startup creation through to pre-seed/seed stage and Series A venture capital raise.

Nice-to-have

  1. You may have been in the trenches before: experience as an entrepreneur, launching a business, working in a start-up, or advising/mentoring and working with early stage tech startups at an accelerator, incubator, or innovation hub, and/or previously working at a venture capital fund.
  2. You may have academic exposure through a post-secondary diploma/degree in commerce or business administration, or a sciences related degree and/or related experience.
  3. This isn’t your first time in a business development and/or client relationship management role.

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.

  1. We are proud to offer a comprehensive compensation program which includes a competitive salary, bonuses, and flexible benefits.
  2. Leaders who support your development through coaching and managing opportunities.
  3. We promise you’ll work in an inclusive, collaborative, progressive, and high-performing team.
  4. We have a world-class training program in financial services.

If you’re looking for more information about RBCx, visit our website or connect with us on Twitter and LinkedIn.


Job Skills: Adaptability, Business Development, Client Centricity, Communication, Critical Thinking, Curiosity, Financial Acumen, Practice Management.


Additional Job Details

Address: 90 SPARKS ST:OTTAWA
City: OTTAWA
Country: Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: PERSONAL & COMMERCIAL BANKING
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-08-30
Application Deadline: 2024-09-07


Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.


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