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Royal Bank Of Canada
3.9
based on 29 Reviews
Company Overview
Company Locations
Working at Royal Bank Of Canada
Company Summary
One of Canada's largest financial institutions, delivering personal and commercial banking, wealth management, and capital market services globally.
Overall Rating
3.9/5
based on 29 reviews
3% above
industry average
Highly rated for
Company culture, Work-life balance
Critically rated for
Promotions
Work Policy
Monday to Friday
75% employees reported
Strict timing
53% employees reported
No travel
50% employees reported
Day shift
78% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
2 employees reported
Free meal
1 employee reported
Health insurance
1 employee reported
View detailed benefits
About Royal Bank Of Canada
Founded in--
India Employee Count--
Global Employee Count50k-1 Lakh
HeadquartersToronto, Canada
Office Locations
--
Websiterbc.com
Primary Industry
Other Industries
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Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are one of Canada's largest banks and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 44 other countries.
Mission: Always earning the right to be our clients' first choice
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Royal Bank Of Canada Ratings
based on 29 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
17
4
3
3
5
2
0
1
4
Category Ratings
3.9
Company culture
3.9
Work-life balance
3.6
Job security
3.6
Skill development
3.5
Work satisfaction
3.4
Salary
3.2
Promotions
Royal Bank Of Canada is rated 3.9 out of 5 stars on AmbitionBox, based on 29 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Royal Bank Of Canada Reviews
Top mentions in Royal Bank Of Canada Reviews
Compare Royal Bank Of Canada with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 29 reviews | 3.8/5 based on 533 reviews | 3.8/5 based on 461 reviews | 3.9/5 based on 346 reviews |
Highly Rated for | Work-life balance Company culture | Work-life balance Job security | No highly rated category | Skill development Work-life balance Salary |
Critically Rated for | Promotions | Promotions | Promotions Salary | No critically rated category |
Primary Work Policy | - | Hybrid 91% employees reported | Hybrid 80% employees reported | Work from office 88% employees reported |
Rating by Women Employees | 4.4 Good rated by 8 women | 3.7 Good rated by 156 women | 3.6 Good rated by 165 women | 3.0 Average rated by 29 women |
Rating by Men Employees | 4.1 Good rated by 18 men | 3.8 Good rated by 351 men | 3.9 Good rated by 264 men | 4.0 Good rated by 305 men |
Job security | 3.6 Good | 3.8 Good | 3.7 Good | 3.7 Good |
View more
Royal Bank Of Canada Salaries
Royal Bank Of Canada salaries have received with an average score of 3.4 out of 5 by 29 employees.
Director
(5 salaries)
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₹40 L/yr - ₹50 L/yr
Banking Advisor
(5 salaries)
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₹20 L/yr - ₹40 L/yr
Product Manager
(5 salaries)
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₹15 L/yr - ₹40 L/yr
Sales Manager
(4 salaries)
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₹4.5 L/yr - ₹5.1 L/yr
Fund Accountant
(4 salaries)
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₹7.5 L/yr - ₹20 L/yr
Financial Advisor
(4 salaries)
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₹15 L/yr - ₹60 L/yr
Data Analyst
(4 salaries)
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₹6 L/yr - ₹23.4 L/yr
Technical System Analyst
(4 salaries)
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₹4 L/yr - ₹15 L/yr
Data Scientist
(3 salaries)
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₹12 L/yr - ₹26 L/yr
Associate Director
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₹90 L/yr - ₹1 Cr/yr
Royal Bank Of Canada News
View all
5 reasons why Wall Street thinks the worst is over for the stock sell-off
- Wall Street forecasters believe the worst of the stock market sell-off may be over, with Morgan Stanley and Citi indicating 5,500 as the floor for S&P 500.
- Market analysts see a more positive trajectory for stocks post the recent tariff-induced decline that wiped out $5 trillion in market cap.
- Morgan Stanley cites reasons including oversold territories, improving sentiment, and weakened US dollar for stocks to recover.
- Citi also supports a more positive outlook, highlighting healthier valuations and a balancing risk-reward scenario for stocks.
- Both banks maintain a year-end price target of 6,500 for S&P 500, implying a potential 15% upside for stocks by the end of 2025.
- However, some pessimism persists on Wall Street with concerns about a potential growth slowdown in the US, leading to downgrades from firms like Goldman Sachs and RBC.
- While Citi acknowledges a bear case scenario of S&P 500 falling to 5,100, Morgan Stanley suggests a further decline to 4,600 in the event of a recession.
- Despite uncertainties, the Trump administration is not expected to intervene to save stocks, as Treasury Secretary Scott Bessent emphasized corrections as normal and healthy in the market.
- Market analysts are closely watching how stocks respond around the 5,500 level as an indicator of potential growth concerns and recession risks.
- The overall sentiment on Wall Street seems cautiously optimistic about the market rebounding from recent lows, albeit with some lingering concerns.
Insider | 17 Mar, 2025
BPI expects to complete rebranding of Robinsons Bank branches by October
- BPI expects to complete rebranding of Robinsons Bank branches by October.
- All Robinsons Bank branches will be branded as BPI by October.
- The merger between BPI and RBC took effect on Jan. 1, 2024, with BPI as the surviving entity.
- The conversion of RBC's branches would virtually complete the integration of the bank into BPI's network.
Bworldonline | 4 Mar, 2025
TSX Plunges as February Nearing End
- The TSX Composite Index remained negative 200.12 points to close Thursday at 25,309.08
- RBC reported a higher first-quarter profit helped by strong performance in its wealth management unit.
- TD shares gained while shares in BMO, Bank of Nova Scotia, and National Bank of Canada declined.
- The S&P 500 and NASDAQ Composite fell after President Trump's announcement of tariffs on Canada, Mexico, and China.
Baystreet | 28 Feb, 2025
TSX Still in Red
- Canada's main stock index, the TSX Composite, remained in the red as escalating global trade tensions fueled risk-aversion.
- Strong bank earnings, including RBC's higher first-quarter profit, failed to boost market sentiment.
- On the economic front, the number of payroll employment increased by 25,300 (+0.1%) in December.
- The S&P 500 and the NASDAQ Composite declined, following President Donald Trump's announcement of proceeding with tariffs on Canada and Mexico and Nvidia's decline in earnings.
Baystreet | 28 Feb, 2025
TSX Starts out Negative
- The TSX Composite Index fell 43.75 points to open Thursday at 25,284.63.
- RBC reported a higher first-quarter profit on Thursday, but the shares dropped by 3.2%.
- Shares in BMO backtracked 19 cents to $48.90, while those for Scotiabank dropped 17 cents to $72.21.
- The S&P 500 traded lower on Thursday, remaining in its February funk.
Baystreet | 27 Feb, 2025
Royal Bank’s Profit Rises 43% After Purchase Of HSBC Bank Canada
- Royal Bank of Canada (RY) reported a 43% increase in quarterly profit following its acquisition of HSBC Bank Canada.
- The bank's fiscal Q1 profit was $5.13 billion, up from $3.58 billion in the same quarter a year earlier.
- The revenue for the latest quarter was $16.74 billion, a 24% increase from the previous year.
- The bank attributed the strong results to the completion of its $13.50 billion takeover of HSBC Bank Canada.
Baystreet | 27 Feb, 2025
Wall Street banks plot their crypto future in bet on IPO boom
- Some of Wall Street’s banks are courting clients for initial public offerings, discussing ways to facilitate deals for digital asset firms and are seeking deeper ties with crypto companies as Donald Trump’s embrace of the sector could unleash a wave of IPOs, share sales and convertible bonds. This marks a change from when stricter rules under President Biden led to a chilling of activity in the sector.
- Banks want deeper ties to crypto companies to avoid missing out on deals spurred by a more relaxed regulatory environment under Mr Trump, the self-proclaimed ‘crypto president.’ This comes as a number of cryptocurrency companies, including those such as Bullish and Circle Internet Financial, long-held aspirations of becoming publicly traded.
- A White House crypto czar, David Sacks, has said he’s studying the feasibility of the US president’s ambitions to create a national Bitcoin reserve. Trump issued an executive order on digital assets and the US Securities and Exchange Commission launched a task force on crypto headed by Hester Peirce, a longtime advocate for the industry.
- Some banks were worried about the scrutiny, with some asked by regulators to pause or hold off on planned or ongoing crypto activities and to provide additional information. Meanwhile, the highest-profile publicly-traded company in crypto remains Coinbase Global, with Goldman Sachs Group, JPMorgan Chase, Allen & Co., and Citigroup working on the much-hyped direct listing in 2021.
- Jefferies Financial Group advised Bullish on its potential listing along with JPMorgan. It’s also among banks working with Figure Technologies on an IPO. Moelis & Co and Cantor Fitzgerald are among firms active in the space as well.
- While Morgan Stanley wasn’t on the Coinbase transaction, the bank has previously helped the cryptocurrency exchange sell convertible bonds. Meanwhile, RBC helped arrange a convertible bond sale by crypto mining firm Core Scientific. The Canadian lender, which had taken a more conservative approach to crypto, is beginning to ramp up efforts.
- Banks are drawing up their lists of potential crypto IPO candidates amid broad optimism for the sector, which drove the largest and oldest digital token Bitcoin to a record high earlier this year. In some cases, banks, such as HSBC, are expanding their digital teams.
- At Bank of America, conversations about crypto in the investment bank are heating up as it prepares for more deal activity, with the lender keen to grab a slice of the hundreds of millions in fees those deals could generate. The bank’s CEO, Brian Moynihan, said during a CNBC interview earlier this year that banks “will come in hard on the transactional side” if regulation is established.
- To date, capital raising by crypto firms — from IPOs and equity offerings to convertible bonds — has gone to a fairly regular gamut of lenders, though the largest investment banks have been selective.
- Representatives for Morgan Stanley, RBC and Bank of America declined to comment.
Moneyweb | 11 Feb, 2025
24 Resources to Support Black Entrepreneurs in Canada
- Black entrepreneurs often face additional challenges due to systemic barriers. To bridge this gap, we’re introducing a sought-after resource guide: Resources for Black Entrepreneurs in Canada
- Calgary Black Chambers supports young Black and BIPOC entrepreneurs. Black Business Ventures Association helps Black founders start and build their tech businesses. Real Ventures, early-stage venture capital firm supporting entrepreneurs through mentoring. Black Entrepreneurship Alliance accelerator that supports Black entrepreneurs through various programs. TD Bank Black Entrepreneur Credit Access Program, provides Black entrepreneurs with access to credit.
- Scotiabank Black-Led Business Financing Program offers eligible Black entrepreneurs term loan for capital investments up to $250,000! DMZ’s Black Innovation Programs provide Black-owned tech startups programs such as BIP stream. BKR Capital is a Canadian venture capital fund that solely invests in Black-led startups and businesses.
- Black Business Association of BC provides various programs & resources for building your retail strategy, creating sustainable growth, and networking opportunities. Tribe Network’s Black Start-up Project provides access to resources, education, training, capital, mentorship, & coaching. Black Founders Network is open to Black-identifying University of Toronto’s students.
- Futurpreneur’s Black Entrepreneur Startup Program provides startup loan financing and access to mentorship for Black Entrepreneurs aged 18 to 39. FACE’s Black Entrepreneurship Loan Fund provides loans of up to $250,000 to support Black-owned businesses and entrepreneurs across Canada. RBC’s Black Entrepreneur Program provides access to loans of up to $250,000.
- Black Opportunity Fund facilitates access to capital for Black-led businesses and provides access to grants to Black-led non-profits and charities. Atlantic Canada Black Entrepreneurship Ecosystem Program provides access to business development support, counselling and mentorship. ANZA’s Black Entrepreneur Ecosystem Program is designed to help Black youth ages 18 to 30 generate business ideas.
- Canadian Blk Women in Excellence Society empowers and supports Black women and Black Female Youth through tailored empowerment programs. Black Entrepreneurs and Businesses of Canada Society (BEBC Society) strives to support Black entrepreneurs through their initiatives and pitch contests. Black North hosts B.E.G.I.N. Program to support Black entrepreneurs.
- Black Entrepreneurship Knowledge Hub is a national network of six regional research hubs dedicated to advancing Black entrepreneurship through research and actionable insights. BBI fosters the growth of Black-owned businesses and prosperity across Canada. BACEL program empowers over 400 Black entrepreneurs nationwide with business and life skills training.
Startupcan | 3 Feb, 2025
Global banks make little headway in addressing climate change
- The ratio of spending on low-carbon infrastructure to fossil fuels among world's largest banks needs to reach 4 to 1 by 2030 to limit climate change, say BloombergNEF researchers.
- However, at the end of 2023, the energy-supply banking ratio was 0.89 to 1, indicating that banks are still not making enough progress to prevent the worst consequences of global warming.
- All the largest banks, including JPMorgan Chase & Co and Citigroup, have committed to helping clients transition to a lower-carbon future.
- Investment in low-carbon energy surpassed capital flows into oil, gas, and coal projects for the first time.
- BNEF data shows that bank financing for fossil fuels fell in 2023, but part of the reason for the decline was a shift from bonds to loans in China.
- The low-carbon to fossil-fuel "energy supply investment ratio" was 1.11 to 1 at the end of 2023, up from 1 to 1 in the prior year.
- Investment needs to increase further in low-carbon solutions for greater profitability so that financing and investment could become more widely unlocked.
- Almost $6tn of bonds and loans have been committed to businesses focused on hydrocarbons since the Paris deal, compared to $3.8tn for renewable projects and other related ventures.
- Biggest banks, including BNP Paribas, Bank of America, and Wells Fargo have faced criticism for profiting from their partnership with Big Oil while addressing the climate crisis.
- In 2023, BNP Paribas had the highest ESBR (energy-supply banking ratio) of 3.18, while NatWest Group ranked second at 2.24. Royal Bank of Canada had the lowest of the world's biggest lenders.
Moneyweb | 2 Feb, 2025
Want to Minimize Your Risk? This ETF Focuses on Low-Volatility Stocks
- The iShares MSCI Min Vol Canada Index (TSX:XMV) is an exchange-traded fund (ETF) that focuses on low-volatility equities and provides stability for investors.
- With 70 holdings and an expense ratio of 0.34%, this ETF can be a good investment to hold during market declines.
- The portfolio has an average price-to-earnings multiple of 19, making it attractive compared to higher-valued stocks.
- The top holdings include Enbridge, Royal Bank of Canada, and Thomson Reuters, accounting for just 9% of the portfolio's overall weight.
Baystreet | 28 Jan, 2025
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Royal Bank Of Canada FAQs
Where is the Royal Bank Of Canada headquarters located?
Royal Bank Of Canada is headquartered in Toronto.
Does Royal Bank Of Canada have good work-life balance?
Royal Bank Of Canada has a Work-Life Balance Rating of 3.9 out of 5 based on 20+ employee reviews on AmbitionBox. 69% employees rated Royal Bank Of Canada 4 or above, while 31% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Royal Bank Of Canada work-life balance reviews for more details
Is Royal Bank Of Canada good for career growth?
Career growth at Royal Bank Of Canada is rated as moderate, with a promotions and appraisal rating of 3.2. 31% employees rated Royal Bank Of Canada 3 or below, while 69% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Royal Bank Of Canada reviews for more detailed insights.
What are the pros and cons of working in Royal Bank Of Canada?
Working at Royal Bank Of Canada comes with several advantages and disadvantages. It is highly rated for company culture and work life balance. However, it is poorly rated for promotions / appraisal, based on 20+ employee reviews on AmbitionBox.
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