2025 Summer - GRM, Enterprise Model Risk Management Intern (4 Months)

December 13 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services, Credit, Risk
Remote
Toronto, ON • Full time

Job Summary

-Streamline model annual assessments for Global Equities (GE) models.
-Review the current validation process and make recommendation for improvements
-Provide assistant in model validation

Write validation reports

Job Description

What is the opportunity?

Are you interested in the opportunity to work as a Model Risk Analyst at RBC? By applying to this job posting, you will be considered for a role at RBC's Enterprise Model Risk Management group.

What will you do?

  • Streamline model annual assessments for Global Equities (GE) models;
  • Review the current validation process and make recommendation for improvement;
  • Provide assistant in model validation and model validation documentation;

What do you need to succeed?

Must-have

  • Excellent interpersonal and highly developed communication skills (verbal and written)
  • Creative and analytical thinker who is self-driven and capable of working in a fast paced environment
  • Programming skills in one or more languages (ex. Python, Matlab)
  • Strong MS Office skills - Word, Outlook, Excel and PowerPoint
  • Good work ethics and growth mindset

Nice-to-have

  • Strong academic background in math or science
  • Some basic knowledge on time value of money

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.

  • Network and build lasting relationships with students from diverse backgrounds from across Canada
  • Participate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balance
  • Leaders who support your development through coaching and learning opportunities
  • Work in a dynamic, collaborative, progressive and highly performing team
  • Ability to make a difference and lasting impact
  • Enjoy a comfortable work environment with the option to dress casually

Please note: This posting is for a 4-months Summer 2025 Student placement with a start date of May 2025, and end date of August 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 August 2025 ; or
  • If you are not returning back to school (i.e. are graduating in August 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 January 19, 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

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-12-13

Application Deadline:

2025-01-19

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.
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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.

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