Royal Bank of Canada overview

The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 16 million clients and has 80,000 employees worldwide.
The staff at Royal Bank of Canada come from unusually diverse demographic backgrounds. The company is 33.3% female and 51.0% ethnic minorities. Royal Bank of Canada employees are more likely to be members of the Democratic Party than the Republican Party, with 61.5% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Royal Bank of Canada is relatively high. Employees at Royal Bank of Canada stay with the company for an average of 2.6 years before leaving. The average employee at Royal Bank of Canada makes $92,705 per year. Pay at Royal Bank of Canada is significantly lower than some of its highest paying competitors, like BNP Paribas, Barclays Capital, and Credit Suisse, which pay $115,977, $114,595, and $113,711, respectively.
Based in the United States, Royal Bank of Canada is an industry leader with 79,308 employees and an annual revenue of $40.7B.

The Organization’s Mission

To be among the world's most trusted and successful financial institutions.

Industry

Financial Services

Revenue

$40.7B

Employees

79,308

Founded in

Halifax , Nova Scotia 1864 ; 154 years ago ( 1864 ) [1]

Headquarters

-

Website

rbc.com

Organization Type

Public

Is This Your Company?

The team at Royal Bank of Canada

Key People
  • Heather Blum (Director)
  • Douglas McGregor (Executive Officer)
  • Victor Young (Director)
  • David McKay (ceo)
  • Edward Sonshine (Director)
  • Mark Hughes (Executive Officer)
  • Zabeen Hirji (Executive Officer)
  • Jacynthe Cote (Director)
  • Janice Fukakusa (Executive Officer)
  • Bridget Kralingen (Director)
  • Pedro Reinhard (Director)
  • George Lewis (Executive Officer)
  • Kathleen Taylor (Director)
  • Bruce Ross (Executive Officer)
  • Timothy Hearn (Director)
  • Michael McCain (Director)
  • Jennifer Tory (Executive Officer)
  • Alice Laberge (Director)
  • Geoffrey Beattie (Director)
  • David Denison (Director)
  • Richard George (Director)
  • Thomas Renyi (Director)

The Culture At Royal Bank of Canada

Information provided by the company
Guides people through changes.
Are you an innovative creative thinker who is interested in improving how people interact with their money
Opportunities to do challenging work.
Enjoy a comfortable work environment with the option to dress casually
A champion for the business (we will provide the cape)

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Royal Bank of Canada Rankings

Royal Bank of Canada is ranked #27 on the Best Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Royal Bank of Canada Salaries

How much does Royal Bank of Canada pay?
The national average salary for a Royal Bank of Canada employee in the United States is $92,705 per year. Employees in the top 10 percent can make over $162,000 per year, while employees at the bottom 10 percent earn less than $52,000 per year.
9.7
Salary Score
Average Employee Earnings

Royal Bank of Canada Salaries By Job Title

The average employee at Royal Bank of Canada earns a yearly salary of $92,705 per year, but different jobs can earn drastically different salaries. The higher paying positions at Royal Bank of Canada include Director Of Sales, Corporate Vice President, Relationship Banker, and Lead Technician. A typical Director Of Sales salary at Royal Bank of Canada is $167,587. Some of the other roles at Royal Bank of Canada are Customer Service Representative and Account Services Representative. A worker with the title Customer Service Representative at Royal Bank of Canada earns an average salary of $33,164 per year.

Royal Bank of Canada careers

On average, employees at Royal Bank of Canada stay with the company for 2.6 years. Employees most commonly join Royal Bank of Canada after leaving Citi. When they leave Royal Bank of Canada, they most frequently get their next job at Wells Fargo.

Average Length of Employment
UBS Americas3.0 years
BNP Paribas2.9 years

Royal Bank of Canada

2.6 years
Top Employers Before Royal Bank of Canada
Citi14.8 %
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Top Employers After Royal Bank of Canada
Citi8.7 %
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Royal Bank of Canada Employment Videos

Royal Bank of Canada Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

Halifax , Nova Scotia 1864 ; 154 years ago ( 1864 ) [1]

Organization type

Public

Royal Bank of Canada Financing Rounds

DateAmountSecurity Type
Sep 29, 2015Debt
Sep 29, 2015
$2,500,000
$2,500,000
Debt
Debt
Sep 16, 2015Debt
Sep 16, 2015
$2,900,000
$2,900,000
Debt
Debt
Sep 8, 2015Debt
Sep 8, 2015
$11,683,000
$11,683,000
Debt
Debt
Sep 1, 2015Debt
Sep 1, 2015
$3,230,000
$3,230,000
Debt
Debt
Jun 30, 2015Debt
Jun 30, 2015
$4,086,000
$4,086,000
Debt
Debt
May 15, 2015Debt
May 15, 2015
$2,798,000
$2,798,000
Debt
Debt
May 8, 2015Debt
May 8, 2015
$9,546,000
$9,546,000
Debt
Debt
May 1, 2015Debt
May 1, 2015
$12,225,000
$12,225,000
Debt
Debt
Apr 2, 2015Debt
Apr 2, 2015
$2,850,000
$2,850,000
Debt
Debt
Mar 20, 2015Debt
Mar 20, 2015
$3,735,000
$3,735,000
Debt
Debt

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Royal Bank of Canada Competitors

Competitors of Royal Bank of Canada include BNP Paribas, Barclays Capital, and Credit Suisse. The wages at BNP Paribas average higher than the other similar companies, where the median salary is $115,977 per year. Employees at Barclays Capital earn an average of $114,595 per year, and the employees at Credit Suisse earn an average salary of $113,711 per year.

Frequently Asked Questions about Royal Bank of Canada

When was Royal Bank of Canada founded?

Royal Bank of Canada was founded in Halifax , Nova Scotia 1864 ; 154 years ago ( 1864 ) [1].

How many Employees does Royal Bank of Canada have?

Royal Bank of Canada has 79,308 employees.

How much money does Royal Bank of Canada make?

Royal Bank of Canada generates $40.7B in revenue.

What industry is Royal Bank of Canada in?

Royal Bank of Canada is in the financial services industry.

What is Royal Bank of Canada's mission?

Royal Bank of Canada's mission statement is "To be among the world's most trusted and successful financial institutions."

What type of company is Royal Bank of Canada?

Royal Bank of Canada is a public company.

Who are Royal Bank of Canada's competitors?

Royal Bank of Canada competitors include BNP Paribas, Standard Chartered USA, UBS Americas, First Republic Bank, Northern Trust, ING Financial Holdings, TD Securities, BBVA Compass, Deutsche Bank, UBSAG, The Bear Stearns Companies, TD Ameritrade, Ing Security Life Of Denver, AXA, MSCI, Jefferies, Union Bank, Credit Suisse, Barclays Capital, Oppenheimer & Co.

Who works at Royal Bank of Canada?

Heather Blum (Director)

Douglas McGregor (Executive Officer)

Victor Young (Director)

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You can find out what it is like to work at Royal Bank of Canada, also known as ROYAL BANK OF CANADA, ROYAL BANK OF CANADA MIAMI BRANCH, Royal Bank Of Canada, Royal Bank of Canada and Royal Bank of Canada - Miami Branch.

Zippia gives an in-depth look into the details of Royal Bank of Canada, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Royal Bank of Canada. The employee data is based on information from people who have self-reported their past or current employments at Royal Bank of Canada. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Royal Bank of Canada and its employees or that of Zippia.