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Compensation Data

RBC Capital Markets Analyst & Associate Salary

Complete compensation breakdown for investment banking professionals at RBC Capital Markets, including base salary, bonuses, and total compensation at every level.

AN1 Base Salary

$110,000

AN1 Total Comp

$NaN - $NaN

ASC1 Total Comp

$NaN - $NaN

Analyst Compensation

LevelBase SalaryYear-End BonusTotal Comp
Analyst 1$110,000$NaN - $NaN$NaN - $NaN
Analyst 2$125,000$NaN - $NaN$NaN - $NaN
Analyst 3$135,000$NaN - $NaN$NaN - $NaN

* Stub bonus of $NaN - $NaN may apply for analysts starting mid-year.

Associate Compensation

LevelBase SalaryYear-End BonusTotal Comp
Associate 1$175,000$NaN - $NaN$NaN - $NaN
Associate 2$190,000$NaN - $NaN$NaN - $NaN

How RBC Compares

RBC pays at the top of the middle market tier, competitive with Jefferies and approaching bulge bracket levels. Compensation exceeds most middle market peers like Piper Sandler, William Blair, and Houlihan Lokey.

Benefits & Perks

Meals & Transportation

Seamless for dinner after 7pm, car service for late nights after 9pm, monthly transit allowance

Comprehensive health benefits
401(k) with generous matching
Canadian banking exposure
Professional development programs
Annual wellness stipend
Strong parental leave policies

RBC Compensation Overview

RBC Capital Markets offers compensation competitive with top middle market firms, reflecting the bank's position as Canada's largest bank with significant U.S. investment banking operations. The firm combines bulge bracket resources and product breadth with a more collaborative middle market culture. Analysts benefit from RBC's global platform, particularly its strength in natural resources, energy, and financial institutions groups. Compensation is structured to compete with Jefferies and approach bulge bracket levels, with bonuses tied to group performance and deal contribution. RBC's Canadian heritage creates a distinctive culture emphasizing stability, long-term relationships, and sustainable growth over pure transaction volume. The firm's strong balance sheet and conservative management ensure consistent compensation even during market volatility, making it attractive for candidates who value stability alongside competitive pay.

Frequently Asked Questions

What is the total compensation for a first-year analyst at RBC Capital Markets?

First-year analysts at RBC Capital Markets earn a base salary of $110,000 with a year-end bonus of $NaN - $NaN, bringing total compensation to approximately $NaN - $NaN.

How do RBC bonuses compare to other Middle Market banks?

RBC pays at the top of the middle market tier, competitive with Jefferies and approaching bulge bracket levels. Compensation exceeds most middle market peers like Piper Sandler, William Blair, and Houlihan Lokey.

Does RBC Capital Markets pay overtime?

Yes, RBC Capital Markets does pay overtime to eligible analysts, which can meaningfully increase total compensation.

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