RBC Capital Markets LLC H-1B wage filings
Minneapolis, MN. Filings decided July 2025 to June 2026.
RBC Capital Markets LLC filed 177 wage applications for H-1B and similar visas from July 2025 to June 2026. The median wage it offered was $175,000, 17.8% above the government's prevailing wage for the same jobs. Its most-filed job was GIB Associate (8 filings, median $175,000).
- Filings
- 177
- Positions covered
- 172
- Certified
- 97.2%
- Job titles
- 127
- Worksite cities
- 14
- Filings since FY2020
- 819
- Median offer change since FY2020
- +38%
Offered wage since 2020
RBC Capital Markets LLC's median H-1B wage offer rose 38%, from $127,000 in fiscal 2020 to $175,000 in fiscal 2026 so far. In fiscal 2026 it was 21.1% above the prevailing wage. Its busiest full year was fiscal 2025, with 141 filings.
Middle half of offered wagesMedian offered wageMedian prevailing wageFilings per year
Fiscal years run October to September. Fiscal 2026 is still running: these figures cover October 2025 to June 2026.
RBC Capital Markets LLC by fiscal year
| Fiscal year | Filings | Median offered | vs year before | Median prevailing | vs prevailing |
|---|---|---|---|---|---|
| 2026 (Oct to Jun) | 146 | $175,000 | +9.4% | $131,997 | +21.1% |
| 2025 | 141 | $160,000 | +2.2% | $141,877 | +16.4% |
| 2024 | 100 | $156,500 | −0.6% | $121,742 | +21.5% |
| 2023 | 121 | $157,489 | −1.6% | $123,822 | +17.2% |
| 2022 | 89 | $160,000 | +14.3% | $125,798 | +19.2% |
| 2021 | 118 | $140,000 | +10.2% | $105,394 | +17.5% |
| 2020 | 104 | $127,000 | n/a | $111,862 | +15.8% |
Offered wage by job title
Middle half of offered wagesMedian offered wageMedian prevailing wage
| Job title | Filings | Median offered | Offered range and prevailing wage | vs prevailing | Median since 2020 |
|---|---|---|---|---|---|
| GIB Associate | 8 | $175,000 | +48.0% | 0% since 2024 | |
| Associate Director | 7 | $180,000 | +10.9% | −17% since 2023 | |
| Associate, Global Investment Banking | 6 | $200,000 | +55.3% | ||
| Investment Banking Associate | 6 | $189,544 | +36.8% | ||
| Associate | 4 | $187,500 | +39.5% | ||
| Risk Analyst | 4 | $103,183 | +13.7% | ||
| Associate Director, Derivatives Confirmations | 3 | $142,585 | at the minimum | ||
| GIB Analyst | 3 | $117,500 | +33.8% | ||
| Senior Software Engineer | 3 | $142,500 | +13.3% | ||
| Vice President - Global Investment Banking | 3 | $275,000 | +53.6% | ||
| Analyst | 2 | $117,500 | +36.4% | ||
| Associate Director, Market Risk | 2 | $188,461 | +8.7% | ||
| Associate Director, Quantitative Methodology | 2 | $146,720 | +3.3% | ||
| Capital Markets Sales and Advisory Associate III | 2 | $200,000 | +17.7% | ||
| Lead Quality Engineer | 2 | $178,600 | +19.9% | ||
| Managing Director, US Corporate Functions Tech | 2 | $261,248 | at the minimum | ||
| Quantitative Risk Associate | 2 | $165,000 | +46.3% | ||
| Senior Data Engineer | 2 | $140,500 | +17.3% | ||
| Senior Product Designer | 2 | $125,000 | +21.1% | ||
| Senior Quality Assurance Specialist | 2 | $132,325 | +5.4% | ||
| Senior Software Developer | 2 | $131,375 | +4.9% | ||
| US ALM Risk Manager | 2 | $200,200 | +45.4% | ||
| VP – Equity Quantitative Analytics | 2 | $225,000 | +80.4% | ||
| Account and Liquidity Integration Lead | 1 | $189,592 | at the minimum | ||
| AD / Sr. Developer Lead | 1 | $175,000 | +8.8% | ||
| AI Engineer, Associate | 1 | $200,000 | +24.4% | ||
| Algorithmic Quant Strategist | 1 | $225,000 | +47.7% | ||
| Algorithmic Researcher | 1 | $185,000 | +64.0% | ||
| Analyst 2, Power, Utilities, & Infrastructure Investment Ban | 1 | $135,000 | +53.7% | ||
| Analyst, Energy Investment Banking | 1 | $110,000 | +72.2% | ||
| Analyst II | 1 | $125,000 | +5.7% | ||
| Analyst, Investment Banking, Project Finance | 1 | $125,000 | +42.3% | ||
| Analyst, Market Risk | 1 | $100,000 | +3.8% | ||
| Analyst - QTS | 1 | $140,000 | +20.8% | ||
| Assistant Vice President | 1 | $190,000 | +3.8% | ||
| Associate 2, Power, Utilities, & Infrastructure Investment | 1 | $200,000 | +34.5% | ||
| Associate Director, BCS/T, Broadridge Integration Lead Devel | 1 | $195,000 | +2.9% | ||
| Associate Director,Broker Dealer Compliance Advisory-72611-4 | 1 | $153,750 | +56.3% | ||
| Associate Director, CBDDT Prod Services US Lead | 1 | $150,550 | at the minimum | ||
| Associate Director, CRM Development Team Lead | 1 | $175,000 | +16.4% | ||
Showing the 40 most-filed of 127 job titles.
No job title on this page matches. Only the most-filed titles are listed.
Where the jobs are
| Worksite | Filings | Median offered |
|---|---|---|
| New York, NY | 97 | $179,088 |
| Jersey City, NJ | 55 | $157,500 |
| Minneapolis, MN | 10 | $127,542 |
| San Francisco, CA | 3 | $190,000 |
| Los Angeles, CA | 2 | $200,200 |
| New Jersey, NJ | 2 | $182,500 |
| Chicago, IL | 1 | $91,920 |
| Greenbrae, CA | 1 | $78,770 |
| Houston, TX | 1 | $110,000 |
| Mckinney, TX | 1 | $149,781 |
| Princeton, TX | 1 | $126,700 |
| Raleigh, NC | 1 | $215,000 |
Showing the 12 busiest of 14 worksite cities.
By visa type: 170 H-1B, 3 E-3 (Australia), 3 H-1B1 (Chile), 1 H-1B1 (Singapore). By outcome: 154 certified, 18 certified and later withdrawn, 4 withdrawn before a decision, 1 denied.
Filings by quarter
Across all employers, filings bunch up in the first half of each year around the annual H-1B lottery, so compare a quarter with the same quarter a year earlier, not with the one before it.
Seniority of the jobs filed
The government assigns each job one of four wage levels. A higher level means a higher legal minimum.
What these numbers are
- They are wages RBC Capital Markets LLC attested to on Labor Condition Applications (Form ETA-9035), not paychecks. Bonuses and stock are not included.
- A filing is not a visa or a hire. One filing can cover several positions, and some are later withdrawn. Wage figures use certified filings only.
- The prevailing wage is the minimum the employer must pay for that job in that area, set from government wage surveys.
- 1 filing is for part-time work. Hourly wages are shown as full-time equivalents (2,080 hours a year) so they can be compared.
Source: U.S. Department of Labor, OFLC disclosure data. How we clean and count it.