Senior US Economist, Director

What is the opportunity?

RBC Capital Markets is a premier, global investment bank and subsidiary of the Royal Bank of Canada (RBC), which is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalization. RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region. We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets.

The RBC Economics team is expanding and is currently seeking a motivated individual to join the growing US Economics team, based in New York City. This role will report to the head of US economics, and be part of the broader global economics team. We are looking for someone with a proven interest in financial markets; history of published economic research; and strong analytical and interpersonal skills.

The role will be required to be on-site. The typical working hours will be 7:30am - 5:30pm.

What will you do?

• Contribute to the overall macroeconomic outlook of the US economy
• Lead research and publish thematic papers on the US economy
• Develop, improve and run analytical models that forecast key sectors of the US economy
• Support junior economists in research development
• Support internal and external stakeholders by engaging with RBC clients and discussing RBC's economic outlook

What do you need to succeed?

• At least 10 year years of experience in economic analysis and/or data science
• Advanced analytical mindset; experience using data analytic tools such as R, Stata, Python, etc.
• Excellent written & verbal communication skills
• Strong understanding of US economic data and sources; experience using data aggregation software such as Bloomberg, Haver, or Macrobond
• Graduate degree in economics or data science preferred
• SIE, Series 7, Series 63 may be required

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $160,000-300,000 depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

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.