RBC Royal Bank of Canada Interview Questions

213 total interview insight submissions
Interview Experience (97%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.9
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (92%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

2.8
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (94%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

60%
  • 0%
  • 10%
  • 20%
  • 30%
  • 40%
  • 50%
  • 60%
  • 70%
  • 80%
  • 90%
  • 100%

Interviews at RBC Royal Bank of Canada

Filter by:
Year
Job Title
Group/Division
Location
Experience
Difficulty
Intern
Year 2023
Job Title Intern
Group/Division Generalist
Location Toronto
Experience
Very Positive
Difficulty
Average
Intern
Year 2024
Job Title Intern
Group/Division Investment Banking
Location San Francisco
Experience
Neutral
Difficulty
Difficult
Student / Prospective Monkey
Year 2024
Job Title Student / Prospective Monkey
Group/Division Energy
Location Houston
Experience
Neutral
Difficulty
Difficult
3rd+ Year Associate
Year 2022
Job Title 3rd+ Year Associate
Group/Division Research
Location New York
Experience
Positive
Difficulty
Average
Intern
Year 2023
Job Title Intern
Group/Division Investment Banking
Location New York
Experience
Positive
Difficulty
Easy
Intern
Year 2023
Job Title Intern
Group/Division Investment Banking
Location New York
Experience
Very Positive
Difficulty
Average
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Investment Banking
Location toronto
Experience
Very Positive
Difficulty
Very Easy
Intern
Year 2023
Job Title Intern
Group/Division Investment Banking
Location New York
Experience
Positive
Difficulty
Easy
Student / Prospective Monkey
Year 2023
Job Title Student / Prospective Monkey
Group/Division Sales and Trading
Location London
Experience
Neutral
Difficulty
Average
Student / Prospective Monkey
Year 2018
Job Title Student / Prospective Monkey
Group/Division Treasury
Location Toronto
Experience
Positive
Difficulty
Easy

Interview Questions & Answers - RBC Royal Bank of Canada Examples

Global Markets Summer Analyst Interview - Generalist

Anonymous employee in Toronto
Interviewed: November 2023
Outcome
Accepted Offer
Interview Source
Employee Referral
Length of Process
3-4 months
Application
1 on 1 Interview
Group Interview
Skills Test
Background Check
Interview
Initial interview consisted of 1 on 1 behavioural questions and was interviewed by a junior analyst. The super day was 3 interviews, 30 minutes long each. Consisted of a mix of behavioural and technical questions. Good experience with the people, and the office, everyone seemed friendly.
Interview Questions
How does the rates and recent rate hikes impact the real estate market

Investment Banking Summer Analyst (TMT) Interview - Investment Banking

Anonymous interview candidate in San Francisco
Interviewed: January 2024
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
1 on 1 Interview
Interview
After my coffee chat, got roped in for 1st round which was very techincal, followed by superday (one md, 2 vps - last vp was a techinal interview). Didn't think it was too bad after the first, but seemed like they cared a lot about fit as they mainly do Middle Market B2B SaaS deals
Interview Questions
- What is the formula for Unlevering Beta?
- Company A with a 10X PE buys Company B with a 8X PE using 50% Debt and 50% Stock. The cost of debt is 8%, assume a tax rate of 20%. Is this deal accretive or dilutive?
- Company buys factory for $100 with 5 year useful life. After the first year they have to write down the entire factory cuz it burned down. Walk me through 1st yr 3-statement changes and 2nd yr.
- What inputs affect DCF valuation
- What is an ideal LBO candidate
- Some question of exit and entry multiple
- Company buys $500 of new data centers using debt which has IR of 10%, tax rate of 20%, walk me through 1st yr 3-statement change.

Analyst - Oil and Gas Interview - Energy

Anonymous interview candidate in Houston
Interviewed: January 2024
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Group Interview
Skills Test
Personality Test
Interview
Multiple coffee chats with many different bankers before getting invited to an official first-round interview. After passing the first-round interview which consisted of 30 minutes of behavioral questions and 30 minutes of technical questions there was a superday which consisted of three 30 minute 1 on 2 interview with an analyst and an associate or VP.
Interview Questions
Name the 5 biggest oil fields in the US?
What are the differences between a DCF and NAV?

Equity Research Associate Interview - Research

Anonymous interview candidate in New York
Interviewed: February 2022
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
1 on 1 Interview
Group Interview
Skills Test
Background Check
Interview
Consisted of about 6 interviews with different people.

Applied on Workday, found job on LinkedIn.

(1) HR representative - asked me logistics, why i want the job, what i can bring to the table, etc.
(2) COO and another manager of the division - questioned me pretty hard on all topics, what i know about the industry, my background, my prior roles, etc.
(3) Analyst / Managing Director with excel modeling test and writing test - same as (2), and gave me a modeling test and writing test
(4) Other associate - general questions and some questions about my prior roles and my industry experience
(5) Other director on the team - same as (4)
(6) Analyst / MD - last interview, told me how I did on the model test and writing test and asked me more questions about what I was looking for and what I could bring, my work ethic, etc. Told me they were deciding in the next week.

I did not get this role but I was very close and they told me I was very close. I ended up at a different firm in ER. I will share with you my takeaways on how to put your best foot forward with getting a role in ER:

- CV has to be on point, of course
- It helps if you can show people that you are smart. I don't know if that is your GPA, a test score, a certification, starting a blog, writing something about the industry you are looking to cover... I don't know. But if you can somehow show this on your resume or CV, you will get an interview. ER is fairly intellectually taxing, depending on which team you are working for. Just like many of the careers posted about on here. If you can't pick things up quickly, they won't want to hire you. Actually, they want to avoid those people, because in ER, there is so much self-management of your time, and you really have to take initiative to get work done for your analyst. A lot of analysts don't like telling you what to do. So you have to pick things up quickly and take initiative, unlike other roles I've seen - so if you can show that in the interview process, you are golden.
- Nail the model test and/or writing test. Go above and beyond. Show you can do the work, and then try and do something extra if you have extra time or something, which is what I did. If you have never been in ER, which is who this is targeted towards, go download some models from companies in the industry you are applying for so you can prepare and even tell them on the interview or in your CV that you are familiar with the models they post. If you can't get access to them try to find one on here or create a brokerage account with Merril or Morgan Stanley (E-Trade)... you can get access to research free on those platforms.
-Sound smart on the interview - like you know what you are talking about when they ask you about stocks or the industry. Speak with authority. Only way to get it is to know something about what you are speaking about. This is the sell-side. People want to talk to people who have the details on things. Obviously, try to do this without sounding arrogant or pompous, because that will ruin your chances.

Looking back at this interview, the people were very nice. Actually, nicer at RBC than many of the other firms I interviewed with. Not that it is about being nice necessarily. However, they were just very professional, and the questions they asked were not to stump me or whatever, they were to get to know me and to sort of test my intelligence and how well I could think and speak on the fly.

Interview Questions
If you get a very tough question, just say you aren't prepared for it and that if you were in the role and you were asked a question like this and didn't know the answer, you wouldn't make one up but rather you would tell the client that you would check on it ASAP and get back to them. I would say never answer something you really don't know the answer to. I've found people ER hate that.
With this interview, they didn't ask me any really tough logic questions or any tough ethical scenarios or anything like that. I think the toughest questions were on the modeling test and the writing test. If you can ace those parts, you are setting yourself up.
Take interviews with other firms and in other roles as well. You just need to schedule interviews if you are a bad interviewee. You get the hang of it after a while and how these things go. So apply for a lot of roles if you don't know what you are doing.
(a) What are you investing in right now in your personal account?
(b) What would you tell an investor who wanted to invest in this industry, but was uncertain about an element of it?

Summer Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: April 2023
Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Interview
There were 2 rounds, both done through on campus recruiting. The first round was a phone interview and was purely behavioral. The second round/superday was 2 zoom interviews with VPs at the firm. Both were totally behavioral for me but it may differ from school to school.
Interview Questions
I was asked a few random situational behaviorals (ie tell me about a time where you stepped up and became a leader etc)
Who is the CEO of RBC?
Pitch me a stock

Investment Banking Summer Analyst Interview - Investment Banking

Anonymous employee in New York
Interviewed: March 2023
Outcome
Accepted Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
1-2 months
Application
1 on 1 Interview
Interview
The interview consisted of two rounds. The super day was conducted online with a mix of behavioral and technical questions.
Interview Questions
Tell me about what is going on in the market.

Senior Associate Interview - Investment Banking

Anonymous employee in toronto
Interviewed: March 2022
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Interview
An interview with RBC (Royal Bank of Canada) would typically follow a structured process, designed to assess your qualifications, skills, and fit for the specific role you're applying for within the bank. RBC is a prominent financial institution, and their interview process is rigorous to ensure they select candidates who align with their values and meet their standards. Here's a general overview of what you might expect:

Application and Resume Screening:

The process often starts with submitting an online application and resume through RBC's career portal.
Human resources or a hiring manager will review your application to determine if you meet the basic qualifications for the role.
Initial Phone Screening:

If your application is shortlisted, you may receive a phone call from an HR representative.
This initial conversation might involve discussing your resume, background, and the specific role you're applying for.
You might be asked about your availability, salary expectations, and your motivation for joining RBC.
Assessments:

Depending on the role, you may be required to complete job-specific assessments or tests, such as aptitude tests, technical skills assessments, or personality assessments.
Interviews:

RBC typically conducts multiple rounds of interviews.
The initial interview may be conducted over the phone or via video conference and could involve questions about your background, skills, and interest in the bank.
Subsequent interviews may be held in person or through virtual platforms, and they can vary in format. You may have panel interviews, one-on-one interviews with various team members, or competency-based interviews.
Behavioral and Technical Questions:

Be prepared to answer behavioral questions that assess your past experiences and how they relate to the role.
Technical interviews may be relevant for positions in finance, technology, or other specialized areas. Expect questions related to your technical skills and knowledge.
Cultural Fit and Values:

RBC places a strong emphasis on its corporate culture and values. Be prepared to discuss how your values align with those of the bank.
You might be asked about teamwork, ethics, and your approach to customer service.
Questions for the Interviewer:

Prepare thoughtful questions to ask the interviewer. This demonstrates your interest in the company and role.
Questions can relate to job responsibilities, team dynamics, the company's strategic goals, or opportunities for career growth.
Assessment Center (if applicable):

For some positions, especially leadership or management roles, you might be invited to an assessment center. This involves group activities, case studies, and presentations to assess your skills in a simulated work environment.
Final Interview:

The final interview may involve senior leaders or executives within RBC.
It's an opportunity for both you and the company to assess if there's a good fit for a long-term partnership.
Offer and Negotiation:

If you pass all rounds of interviews, RBC may extend a job offer.
You'll have the opportunity to negotiate salary and benefits before accepting the offer.
Remember to research RBC's values, mission, and the specific role you're applying for thoroughly. Tailor your responses to demonstrate how you can contribute to the bank's success and align with its culture. Dress professionally, be punctual, and follow up with a thank-you email after each interview to express your continued interest in the position.
Interview Questions
"Imagine you are a financial advisor at RBC, and a client comes to you with a substantial amount of money to invest. They have specific ethical and environmental concerns and want to align their investments with their values. How would you approach creating an investment portfolio that meets their financial goals while also aligning with their ethical and environmental criteria?"

Investment Banking Summer Analyst Interview - Investment Banking

Anonymous interview candidate in New York
Interviewed: April 2023
Outcome
No Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month
Application
1 on 1 Interview
Interview
Two interviews spaced out over two days. Both were with MDs which resulted in more of a conversation than an interview. Depending on your experience, you will probably won't get a technical or two but you can expect to speak about the economy in some fashion.
Interview Questions
Which valuation method derives the most accurate valuation

Spring week-stem into banking Interview - Sales and Trading

Anonymous interview candidate in London
Interviewed: February 2023
Outcome
No Offer
Interview Source
Applied Online
Length of Process
1-2 months
Application
Phone Interview
Interview
First stage written questions. Why are you interested in banking , why RB etc. 2nd Stage telephone interview. They asked for recent news and how it would effect rbc's operations and why RBC. It was about a 15 minute call.
Interview Questions
In depth explanation of how rising interest rates effected RBC's operations

Summer Analyst, Private & Commercial Banking Interview - Treasury

Anonymous employee in Toronto
Interviewed: April 2018
Outcome
Accepted Offer
Interview Source
Applied Online
Length of Process
Less than 1 month
Application
Phone Interview
1 on 1 Interview
Personality Test
Background Check
Interview
Applied online via the company career website, received an email to do a personality test. One-week later received and on the spot phone interview from HR (very basic and easy questions, why RBC, why you, etc). 1-week later, scheduled for a 1on1 zoom interview with the manager.
Interview Questions
"How does your prior work experience relate to this job" - Did not have any professional work experience before this, was thrown off guard since my prior experience was regular high-school jobs (ie. lifeguard).