What is the opportunity?

RBC is seeking an experienced Vice President level Equity Research Analyst to join the Australian Small Cap Industrials Equity Research team in either our Sydney or Melbourne offices. In this role, you will own primary research coverage of assigned companies and sectors, managing relationships with institutional investors and corporates while providing research insights. You will lead fundamental analysis, develop investment theses, and drive thought leadership across our coverage universe. RBC provides investment research to institutional fund managers in Australia and offshore.

What will you need to do?

• Lead research coverage of 12-15 assigned companies, developing original investment theses and maintaining deep sector expertise
• Build, maintain, and enhance financial models in Microsoft Excel and translate these into clear investment narratives
• Develop and manage comprehensive databases of key industry data points, competitive positioning, and sector trends to inform investment views
• Conduct regular meetings with key stakeholders including corporate investor relations, company management, other industry participants and institutional investors
• Mentor junior research analysts and coordinate cross-sector collaboration on thematic research initiatives
• Uphold RBC's reputation and commitment to compliance by adhering to all firm policies, global regulations, and compliance standards; demonstrate the highest ethical standards and integrity at all times.

What you need to succeed?

Must have:

• Relevant experience preferably gained within banking, sell-side research, buy-side investment analysis or within industry
• Demonstrated track record of producing high-quality, actionable research that influences investor decision-making
• Deep expertise in financial modeling and valuation methodologies across multiple scenarios and company types
• Exceptional writing, analytical, and presentation skills; ability to communicate complex investment ideas
• Advanced proficiency in Excel, Word, PowerPoint, and familiarity with Bloomberg and FactSet
• Experience managing relationships with C-suite executives (CEO, CFO) and IR teams
• Ability to develop independent investment perspectives and support recommendations with conviction
• Strategic thinking to identify sector trends and investment opportunities ahead of market consensus
• Strong organizational skills with the ability to manage multiple concurrent company relationships and research initiatives in a fast-paced environment
• Ability to work with autonomy while collaborating effectively within a team environment

Nice to have:

• CFA qualification or,
• Undergraduate degree in Business, Commerce, Economics, Mathematics, Engineering, Computer Science, or related quantitative field or,
• Relevant post-graduate qualification

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

Additional Job Details

25 MARTIN PLACE:SYDNEYSydneyAustralia38Full timeCAPITAL MARKETSRegularSalaried2026-02-022026-03-02

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

Inclusion and Equal Opportunity Employment

At 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.