Associate, Corporate Development

**Job Summary**

**What is the opportunity?**

The Corporate Development team plays a critical role in helping shape and execute RBC’s inorganic growth strategy. The team is comprised of a group of highly experienced, dynamic, forward-thinking professionals who provide an internal M&A advisory function and work closely with RBC’s CEO, Group Executives, and senior business executives on strategic priorities. The team has led a number of high-profile initiatives including, most recently, RBC’s acquisitions of HSBC Bank Canada and Brewin Dolphin.

As an Associate, you will be a key member of the Corporate Development 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.

**What you will do?**
- 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.
- Along with senior Corporate Development colleagues, 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 (e.g. through idea generation sessions), ensuring connectivity across business units and functions in support of inorganic growth
- 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 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.

**What you need to succeed?**

**Must Have**
- Honours-level 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.
- 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 express clearly and concisely, both orally and in writing
- Naturally curious with a keenness for learning and development
- Ability to be resourceful and solutions-focused
- Flexibility to adapt working hours to the situation required.

**Nice to Have**
- Advanced studies, e.g. MBA, CFA, CA, CBV
- Global mindset and ability to work with people of different cultures and across time zones.

**Job Skills**

**Additional Job Details**

**Address**:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
OFFICE OF THE CFO

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2024-11-21

**Application Deadline**:
2024-12-15

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation