2025 Wealth Management, Winter Business Risk & Internal Controls Analyst (4 Months)

Job Summary

Complete a one month rotation through the four departments within the group to gain an in depth understanding of the various aspects of business risk.

Job Description

Cross-border

• complete initial cross-border assessments by applying requirements of the CB policies.
• Review weekly and monthly reports to identify non-compliance with policy.
• Assist with the preparation of submissions, meeting agenda's and minutes for the HRC Sub-committee.
• Assist with the completion of other team projects as required

Client Due Diligence

• Complete due diligence on existing and prospect clients to fully understand a clients source of wealth, and identify red flags to determine if a client is within or outside of our risk appetite.
• Prepare reports to support completed due diligence.
• Complete submissions to the High Risk Committee as required

Business Risk and Internal Controls

• Log attempted and successful frauds by working with DS branches to gather the required information
• Assist with supporting the branch to ensure the client cared for and all required action is taken.
• Log privacy requests and work with branches to ensure all required information is gathered.
• Ensure all required information is gathered and provided in the required time-frame.

Anti-Money Laundering Investigations

Assist with AML related investigations of Wealth Management Canada clients by working with branches to gather information

Must-have :

• Strong personal skills and the ability to work effectively independently and within a team environment
• Professional written and verbal communication skills
• Good analytical, communication and problem solving skills
• Highly organized with good attention to detail and very high level of accuracy
• Ability to prioritize, handle multiple tasks under pressure and meet time-sensitive deadlines
• Ability to think critically and outside the box

Nice-to-have

Proficient in the full suite of Microsoft Products, including Excel (including using Excel as a tool for financial analysis) Word, PowerPoint, Access

The mandate will also involve working on various projects over the course of the four month period in support of these various areas.

Please note :

In order to be eligible for these student positions, you must either :

• Be returning back to school after the work term end-date; or
• If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully

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.

At RBC, you will have opportunities to :

• Interact with leaders who support your development through coaching and managing
• Network and build lasting relationships with students from diverse backgrounds from across Canada
• Make a difference and lasting impact through meaningful work
• Work in a dynamic, collaborative, progressive, and high-performing team

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

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 : WEALTH MANAGEMENT

WEALTH MANAGEMENT

Job Type :

Student / Coop (Fixed Term)

Pay Type : Salaried

Salaried

Posted Date : 2024-09-20

2024-09-20

Application Deadline :

2024-10-07

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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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 .