2025 Winter - GRM, Analyst - Enterprise Model Risk Management (4 Months)

Job Summary

Job Description

What is the opportunity?

Enterprise Model Risk Management is looking for an intern to help out with limited scope validations of pricing and risk models for interest rate derivative products.

What will you do?

• Review model submissions and provide feedbacks to reporting manager
• Help with testing new and existing pricing and risk models
• Write limited scope validation reports
• Improve the existing validation workflows

What do you need to succeed?

Must-have

• Good communication and interpersonal skills
• Basic knowledge of interest rate products such as swaps / basis swaps and European caps / floors / swaptions etc.
• Bachelor’s degree or close to graduating in a discipline such as actuarial science, finance, mathematics, computer science, physics, or other quantitative sciences
• Decent knowledge and ability to use Python programming language
• Familiarity with Excel and Word

Nice-to-have

• Basic knowledge and ability to use C++ programming language
• CFA or FRM designation

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-months Winter 2025 Student placement with a start date of January 2025, and end date of April 2025.

In order to be eligible for this 4-months Student position, you must either :

• Be returning back to school after the work term end-date of April 2025 ; or
• If you are not returning back to school (i.e. are graduating in April 2025), you must require the full 4-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, 2025.

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

C++ Programming Language, Market Risk, Microsoft Excel, Microsoft Excel VBA Programming, Model Building

Additional Job Details

Address :

ROYAL BANK PLAZA, 200 BAY ST : 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 : 2024-09-09

2024-09-09

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 .