RBC Capital Markets Toronto - Top Desks? And some other questions on S&T...
Wondering what the top desks are for RBCCM Toronto? Have some questions about comp too.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Don't expect to move, maybe 10-20% of people tops make the lateral.
Fixed income sales or trading (top shop in Canada, the bread and butter of the floor, best place to move to HF, pick rates or credit avoid anything money markets)
Equity Derivatives sales, trading, or structuring (top shop in Canada, could move to HF's)
DCM (again a top shop in Canada, can be cyclical but highly regarded)
Funding and Liquidity (small desk but has a few super stars the past few years)
Thank you for the response. So from what I understand, very solid exits from those desks but transitioning internally within RBC from one market to another may not be a cakewalk - that makes sense. With the exits, do they tend to be in Toronto itself or to the buy-side in different markets too (NYC/LON/HK/SG)?
Trying to gauge the type of counterparties that RBC deals with and whether or not it may be more optimal to try to get started in a different market with a wider pool of counterparties beyond the usual pensions/AMs.
Yeah, part of the difficulty on transitioning internally is because there is a 1-2year rotational period, so once you place somewhere you're committing to them. Another reason too is that the canadian offices all focus on CAD products with less international exposure/transferability. Toronto office tends to exit in Toronto, but a few solid people have made the leap to NY as well.
If you want to end up in Toronto long term RBC Toronto is probably the best place to start your career.
Is there still a pipeline to recruit into these rotational programs out of the Canadian b schools?
-
Aut possimus qui sit vel quae dolor. Maiores et suscipit quam totam asperiores dolores. Nostrum blanditiis qui minima necessitatibus voluptatem aut nam. Inventore impedit magni labore earum veniam voluptatum quaerat doloremque.
Odio est ducimus cum nulla totam amet. Praesentium laboriosam voluptas doloremque quo consequatur. Beatae cum beatae quod at illo qui. Animi sit consectetur exercitationem repellat omnis dolores qui. Possimus debitis molestias consequatur consequatur nihil dicta. Aperiam saepe perspiciatis repellendus qui sit aspernatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...