Job Summary
Participates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies / practices to perform a combination of routine tasks and varied administrative / operational assignments.
Job Description
What is the opportunity?
Risk Modeling and Analytics Intern
What will you do?
- Gain knowledge on retail banking and fundamental risk management principals, including the specifics of retail products, enterprise data systems and credit risk management.
- Support the team’s feature generation project including data extraction, transformation and dealing with data quality issues.
Work with large, enterprise level datasets leveraging standardized RBC tools such as Python, SAS and SQL.
- Support regular and ad-hoc reporting and data analytics, and become comfortable communicating and dealing with senior members of the Risk Modeling team.
- Assist with preparing documentation for audits or other processes.
What do you need to succeed?
Must-have
- Desire to learn and an eagerness to make a meaningful contribution to the team environment at RBC Risk Modeling and Analytics.
- Experience in SAS / R / Python or other mathematical / statistical programming languages.
- Experience with SQL / Teradata or other database management systems.
- Ability to handle and organize large amounts of data and effectively summarize / present it to other stakeholders.
Nice-to-have
- Knowledge of basic concepts in credit risk (PD, LGD, EAD) and financial data.
- Good understanding of banking, finance and statistics / calculus
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.
- 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 and make a difference
- Opportunities to building close relationships
Please note : This posting is for a 4 or 8 months Student placement with a start date of January 2025, and end date of April 2025 or August 2025.
In order to be eligible for this 4 or 8months Student position, you must either :
- Be returning back to school after the work term end-date of April or August 2025 ; or
- If you are not returning back to school (i.e. are graduating in April or August 2025), you must require the full 4 / 8 months work term as a mandatory component to in order to graduate successfully.
Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.
We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 29, 2024.
Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps.
Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.
RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term.
Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning / Co-op position are to be discussed with the Hiring Manager.
ET25
Job Skills
Additional Job Details
Address :
RBC WATERPARK PLACE, 88 QUEENS QUAY W : TORONTO
City : TORONTO
TORONTO
Country : Canada
Canada
Work hours / week : 37.5
37.5
Employment Type : Full time
Full time
Platform :
GROUP RISK MANAGEMENT
Job Type :
Student / Coop (Fixed Term)
Pay Type : Salaried
Salaried
Posted Date : 2024-08-29
2024-08-29
Application Deadline :
2024-09-29
I nclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.
We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .
2025 Winter - GRM, Market Risk Analyst Intern (4 Months)
The Risk Analyst– Local Market Risk, Group Risk Management will help promote a “Best of Class” risk oversight environment. Deliver the key daily/weekly market risk metrics analysis through risk reporting and ensure the accuracy of risk data. Applies experience and complete working knowledge of the j...
Software Developer, Winter 2025 (Co-op/Internship) - 8 Months
Applies deep knowledge of algorithms, data structures and programming languages to develop high quality technology applications and services - including tools, standards, and relevant software platforms based on business requirements. Ensures that code/configurations adhere to the security, logging,...
2025 CAE Group - Winter Communications Analyst (4 Months)
You will design and execute internal communications campaigns to increase awareness and excitement of our business strategies, performance, and brand positioning. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied ...
Manager/senior Manager - Independence, Quality and Risk Management (12 months)
This role will give you an opportunity to gain in depth knowledge regarding certain Canadian and international independence rules and Deloitte policies with which our people and the firm must comply with. As a Manager/Senior Manager in our Regulatory, Quality, Risk & Reputation team, you will play a...
2025 Winter - HR, Talent Cycle Operations Specialist Intern (4 Months)
Ability to conduct transactions with a high level of sensitivity and confidentiality, in accordance with our Code of Conduct and Privacy and Risk policies. This posting is for a 4-months Winter 2025. January 2025, and end date of April 2025. April 2025), you must require the full 4-months work term ...
Senior Associate, Investment Risk and Performance - Financial Engineering & Modeling
Contribute to the continuous improvement of internal methodologies and tools used in risk management, modeling, and valuation. Develop, implement, and validate financial models for risk management and financial instrument valuation, including derivatives, fixed income, equities, and structured produ...
Senior Associate, Credit Risk Models - Financial Engineering & Modeling (Toronto)
You will also be able to learn and work in other quantitative and analytical areas such as credit modeling, forecasting and stress testing, customer behavior modeling, and new innovations such as Machine Learning and Artificial Intelligence. This includes, but is not limited to, people with disabili...
GBM - Corporate Banking, Credit Analytics Group (Cag) Internship/Co-Op - Winter 2025 - 8 month
Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capit...
2024 Global Asset Management, Winter Developer & IT Specialists (4-12 months)
Create and review technical design documents, understand how the design will be used in the code development process, and facilitate meetings to design, troubleshoot, and enhancements development. Support Applications and respond to inquires and incidents reported by the business and users, especial...
Intern, Financial Analyst - Winter 2025
Bay Street (93021), Canada, Toronto,Toronto, Ontario,Intern, Financial Analyst - Winter 2025. We change with the times and have adopted a flexible hybrid model (remote and/or in-office). Associates working in the hybrid model are expected to come into the office 3 days a week across Tuesdays and Thu...