What is the opportunity?
As an Associate, Australian Equity Research - Retail Consumer sector, you will be responsible for fundamental analysis of companies in this sector. Companies covered vary from established, large cap businesses to emerging small cap companies. Associate roles primarily provide research support to Lead Analysts.

As you develop, your career pathway includes assuming lead coverage of some companies in your own right depending on your experience and track record of outperformance in the Associate role.

What will you need to do?

• Understand and be able to build and update in Microsoft Excel company financial models.
• Understand how a company’s profit and loss, balance sheet and cashflows interrelate and be able to build and link the core items of these financial statements in Microsoft Excel.
• Ability to update historical company financials from available public data sources and building company drivers for future estimates in Microsoft Excel.
• Understand how to value a company using different methods, e.g. DCF valuation, key DCF inputs, comparable multiples analysis.
• Generate high quality research reports and presentations.
• Build and maintain databases of key industry data points.
• Support the Lead Analyst promptly answer institutional investor queries.
• Inquiring mind to identify risks relating to companies under research coverage, e.g. operational, financial, competitor, macro, political, commodity risks, etc.
• Initiative to find relevant industry contacts to assist in forming a comprehensive view of the company and the operating environment.

What you need to succeed?
Must have:

• Undergraduate degree with a focus on Business, Commerce, Economics, Mathematics, Engineering, Computer Science or other quantitative fields.
• Minimum 2-3 years’ full time work experience, preferably in an equity research role or corporate finance role at a bank, stockbroking, investment fund or accounting firm.
• Strong interest in equity markets and finance.
• Excellent writing and communications skills with the ability to interact with CEO, CFO and IR level personnel for companies under research coverage.
• Strong computer skills across Microsoft Office applications – primarily Excel, Word and PowerPoint.
• Ability to source data and concisely summarise information from multiple sources, e.g. online databases, government statistics, journals, trade publications etc.
• Ability to prioritise work and multi-task responsibilities.
• Ability to work independently and under pressure, in a high paced environment.
• Flexibility to travel when needed.

Nice to have:

• CFA qualification or,
• Accounting qualification or,
• Relevant post-graduate qualification
• Factset or Bloomberg experience

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.

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services.

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, colour, religion, sexual orientation, gender identity, age, disability or any other legally-protected factors.

Agency Notice

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Communication, Detail-Oriented, Economic Analysis, Financial Instruments, Financial Planning and Analysis (FP&A), Fund Analysis, Information Capture, Investment Reporting, Investments Analysis, Personal Initiative

Additional Job Details

25 MARTIN PLACE:SYDNEY Sydney Australia 38 Full time Regular Salaried 2026-05-19 2026-06-19

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.