2025 Cae, Summer Model Risk Analyst (4 months)
Job Summary
By joining us for a 4-month long coop position, you will be involved in a variety of challenging assignments, allowing you to become familiar with a wide range of areas across RBC, while also strengthening the skills and knowledge you need to launch a successful career. Our students benefit from interesting work and networking opportunities and are encouraged to collaborate on innovations.
Job Description
What will you do?
As part of this role, you will assess and provide objective assurance on the effectiveness of internal controls, risk management practices and corporate governance processes to identify whether controls are operating effectively to improve business operations. Key tasks may include:
Participating in audits, control design review, continuous audit review and consulting engagements
Participate in comprehensive assessment on models used for various purpose, such as market risk, credit risk, AML, etc.
Participate in the development of data analytics for model risk governance related data.
Participating in planning sessions to develop audit techniques using data analytics.
Using Tableau to develop data analytics and visualization reports.
What do you need to succeed?
Must-have
Post-secondary education major in Finance, Mathematics, Actuarial Science, Statistics, Accounting, Business, Engineering, or Computer Science.
Understanding of the mechanics of basic financial product such as Interest rate swaps, Forwards and Vanilla Options
Demonstrated knowledge and experience working with data analytics software packages, data visualization tools and programming languages (Tableau, Python, R, SAS, SQL, etc.).
Nice-to-have
Prior exposure to valuations and/or risk analysis of financial trading products would be an asset.
Prior exposure to financial/statistical models would be an asset.
Knowledge of regulatory requirement for financial institutions and risk management framework would be an asset
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
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
Additional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion 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.