2025 Winter - GRM, Credit Risk Analyst Intern (8 Months)

Job Summary

What is the opportunity?

We have an exciting Credit Risk Analyst (Co-op) role in Consumer Portfolio Management and Analytics Team in Group Risk Management (GRM).

You will be given an opportunity to work in a fluid, highly skilled team helping us solve big problems and understand the opportunities and issues.

Your role will be a combination of data focused, product focused and services focused. You will have access to world class experts in finance, technology, and risk management.

You will be immersed in a fast paced, forward-thinking environment in Canada’s top financial institution with a 150+ year track record of success.

You will support data-driven business decisions by identifying, understanding, organizing, and presenting data trends.

Job Description

RBC GRM Opportunity

This is a 8 month student opportunity that will start January 2025 and end August 2025.

Our Story

RBC is on a transformation journey. We are challenging how we approach problems, updating the tools that we use and diversifying our talent pool.

To help us get going, we’re looking for the best and brightest people that will be both an enabler and accelerant that will push us further, faster;

people who will help us disrupt ourselves and stretch our imaginations by showcasing what we didn’t think was possible.

And we’re looking for a do-it-all talent that can help get us started.

What is the opportunity?

We have an exciting Credit Risk Analyst (Co-op) role in Consumer Portfolio Management and Analytics Team in Group Risk Management (GRM).

You will be given an opportunity to work in a fluid, highly skilled team helping us solve big problems and understand the opportunities and issues.

Your role will be a combination of data focused, product focused and services focused. You will have access to world class experts in finance, technology, and risk management.

You will be immersed in a fast paced, forward-thinking environment in Canada’s top financial institution with a 150+ year track record of success.

You will support data-driven business decisions by identifying, understanding, organizing, and presenting data trends.

What will you do?

We’re looking for people that have a mix of strong quantitative and problem-solving skills, communicate well and can work through complex and ambiguous challenges.

You need to be a self-driven and hyper engaged individual that’s willing to learn finance and risk management from world class teams in a fast paced and challenging environment.

Your responsibilities will include :

• Create / maintain concise and well thought out reports for senior leadership and external investor consumption
• Participate in specialized strategic projects
• Develop analytics and reports using tools such as SAS, SQL and Tableau. Document, maintain or enhance existing reports.
• Foster an environment of engagement by participating in internal RBC events

What do you need to succeed?

Must-have :

• Enrolled in an undergraduate degree in Mathematics, Statistics, Computer Science, Finance, or other quantitative discipline
• Creative and analytical thinker who is self-driven and capable of working in a fast-paced environment
• Passion for finance, banking, or risk management and generally striving to learn new things and develop skillsets
• Some experience with SQL, excellent MS Excel and PowerPoint skills
• Ability to learn and absorb new concepts (in business and in systems) quickly and apply new knowledge
• Strong interpersonal and communication skills able to effectively work in a team environment
• Exceptional problem-solving skills and ability to conceptualize strategy
• Attention to detail, organization, ability to multitask and time management is critical.

Nice-to-have :

• Experience that demonstrates mastery of math, computer science, financial engineering, modeling, statistics, or complex problem solving
• Proficiency in programming and / or database programs (e.g. SAS, SQL, R, Python) and other software such as Tableau, Excel, Word, and PowerPoint
• Equally effective and conversant in business and technical environments
• Experience in financial services industry with broad understanding of banking products and services

What’s in it for you?

You get to find the challenges that are meaningful to both you and the users. You will have a chance to ignite your passions and find new ones by doing truly meaningful work that will help change the way we work and the way we think.

Gain valuable hands-on experience on advanced analytical and reporting tools such as SAS and Tableau

You will get to work side by side with awesome people that are crazy excited about what they’re doing and can’t wait to meet, work, and learn with you.

Please note : This posting is for a 8-months Winter 2025 Student placement with a start date of January 2025, and end date of August 2025.

In order to be eligible for this 8-months Student position, you must either :

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

Communication, Credit Risks, Financial Products, Microsoft Excel, Problem Solving, Risk Management, Structured Query Language (SQL), Tableau (Software), Time Management

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 : 2024-08-26

2024-08-26

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.

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