2024 Fall - GRM, Environmental & Social Risk Intern (8 Months)
4 weeks ago
Job Summary
As an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes.This is a new and evolving focus area, providing the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team. In this role, you will be supporting E&S regulatory compliance, disclosure, data delivery and risk integration; undertaking analysis, improving environmental & social data processes and providing support to data delivery and environmental and social risk integration work; and working to advance RBCâs capabilities in the measurement of climate risk and delivery of climate risk insights across the enterprise, to support senior-level decision-making.
Job Description
What is the opportunity?
As an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes. Â
This is a new and evolving focus area, providing the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team. In this role, you will be supporting E&S regulatory compliance, disclosure, data delivery and risk integration; undertaking analysis, improving environmental & social data processes and providing support to data delivery and environmental and social risk integration work; and working to advance RBCâs capabilities in the measurement of climate risk and delivery of climate risk insights across the enterprise, to support senior-level decision-making.
What will you do?
- Work as part of the broader E&S Risk team to align and coordinate management and monitoring of E&S Risk across environmental, climate and social topics.
- Assist in the implementation of RBCâs E&S risk policies and procedures, and as part of a team, work to keep RBC informed of emerging E&S issues that could lead to credit, reputational or legal risk including the research of various ESG / climate regulations and requirements.
- Complete due diligence reviews on financed properties to evaluate environmental, regulatory, and reputation risks.
- Conduct analysis on large datasets to determine and communicate insights to key stakeholders.
- Support internal and external climate data disclosures (e.g. the RBC Annual Report, ESG Performance Report, TCFD Report, industry disclosures, shareholder requests, rating agency data requests, etc.) including in respect of carbon-related assets, financed emissions and scenario analysis.
- Support the development of E&S Risk educational material and coordinate the sharing of that information internally by arranging presentations and training sessions.
What do you need to succeed?
Must-have
- Must be currently pursuing a relevant degree in Science, Math, Statistics/Actuarial Sciences, Computer Science, Engineering, Environmental, Economics or another quantitative discipline (College, Undergrad, Master's or PhD).
- Experience developing presentations, visualizations and dashboards for senior executives (e.g. PowerPoint, Tableau) and in interest in developing advanced analytical capabilities
- A passion for learning, an inquisitive spirit and a self-starter.
- Excellent written and verbal communication skills.
- Open to multi-tasking and moving from task to task as we work under tight timelines and wear multiple âhatsâ.
- Experience analyzing and manipulating large data sets using querying tools with the ability to transform business goals into requirements. Programming skills and knowledge of Python or R is considered an asset.
- Commitment to quality and accuracy with a high level of attention to detail.
Nice-to-have
- Knowledge of and experience of climate risk including climate change science, development and use of climate change scenarios, models, projections, and data.
- Demonstrated ability in mathematical, statistical, financial or economic analyses on large, complex datasets and in translating data into business insights.
- Understanding of banking and commercial lending and/or risk management in the financial industry
- Experience working with a diverse range of stakeholders.
Whatâs 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:Â This posting is for a 8-months Fall 2024 Student placement with a start date of September 2024, 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 June 3, 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.
ET24
Job Skills
Banking, Banking Industry, Business Risks, Climate Policy, Communication, Computer Literacy, Data Analytics, Data Delivery, Detail-Oriented, Interpersonal Relationships, Large Group Presentations, Listening Effectively, Regulatory Compliance, Researching, Risk Management, Social Responsibility, Statistics, Sustainability, Taking InitiativeAdditional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
GROUP RISK MANAGEMENTJob Type:
Student/Coop (Fixed Term)Pay Type:
SalariedPosted Date:
2024-05-10Application Deadline:
2024-06-03Inclusion 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.
âââââââ
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.
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryAs an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring...
-
Toronto, Canada RBC - Royal Bank Full timeJob SummaryAs an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring...
-
Toronto, Canada RBC - Royal Bank Full timeJob SummaryAs an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring...
-
2024 Fall - Grm, Wholesale Credit Risk Intern (4
2 months ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** The GRM - WCR Funds team manages exposure to North American Investment Managers and Fund counterparties through effective analysis of credit risk, across various investment strategies. Analyst’s primary responsibilities will include adjudication of borrower risk ratings and evaluation of proposed credit requests, providing comprehensive...
-
Toronto, Canada Royal Bank of Canada Full time**Job Summary** As an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and...
-
2024 Fall - Grm, Risk Analyst - Portfolio Risk
2 months ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** RBC GRM Portfolio Risk Oversight, BFS is hiring for a Risk Analyst. You will strive to create and deliver superior risk management insights through a range of effective methods that grow profitable business and drive prudent risk guidelines and policy, creating sustainable value for RBC shareholders. Using best-in-class data mining...
-
2024 Fall - Grm, Analyst - Business Management
1 month ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** Participates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments. **What is the Opportunity?** The Analyst, Business Management, will be key in supporting...
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryThe GRM - WCR Funds team manages exposure to North American Investment Managers and Fund counterparties through effective analysis of credit risk, across various investment strategies. Analyst’s primary responsibilities will include adjudication of borrower risk ratings and evaluation of proposed credit requests, providing comprehensive...
-
2024 Fall - Grm, Enterprise Risk Analyst Intern (4
2 months ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** The Analyst, Enterprise Risk will support the Emerging Risk team, as well as the broader Credit & Enterprise Stress Testing team, in executing their mandates and further developing their programs. The Emerging Risk team oversees the enterprise process for identifying, assessing, and monitoring emerging risks. The team also oversees the...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryThe GRM - WCR Funds team manages exposure to North American Investment Managers and Fund counterparties through effective analysis of credit risk, across various investment strategies. Analystâs primary responsibilities will include adjudication of borrower risk ratings and evaluation of proposed credit requests, providing comprehensive...
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryParticipates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.Job DescriptionWhat is the Opportunity?The Analyst, Business Management, will be key in...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryParticipates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.Job DescriptionWhat is the Opportunity?The Analyst, Business Management, will be key in...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryParticipates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.Job DescriptionWhat is the Opportunity?The Analyst, Business Management, will be key in...
-
2024 Fall - Grm, Risk Analyst - Portfolio Risk
1 month ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** We are hiring for a risk analyst. The analyst will be working closely with a team of data engineers and data scientists to develop crucial data assets for Portfolio Risk Oversight. The analyst will drive custom risk analytics and provide insights to business partners by using an open source scalable platform for reporting, analytics and data...
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryThe Analyst, Enterprise Risk will support the Emerging Risk team, as well as the broader Credit & Enterprise Stress Testing team, in executing their mandates and further developing their programs.The Emerging Risk team oversees the enterprise process for identifying, assessing, and monitoring emerging risks. The team also oversees the...
-
Manager, Environmental
2 months ago
Toronto, Canada Royal Bank of Canada Full time**Come Work with Us!** At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose. Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work...
-
2024 Fall - Grm, Climate Risk Intern
1 month ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** This is a climate risk analytics intern position in Global Risk Analytics. **What is the opportunity?** Global Risk Analytics (GRA) is the center of expertise for models used in risk management. This includes risk analytics for market risk, counterparty credit risk and emerging risk. GRA’s analytics innovation team focuses on emerging...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryThe Analyst, Enterprise Risk will support the Emerging Risk team, as well as the broader Credit & Enterprise Stress Testing team, in executing their mandates and further developing their programs.The Emerging Risk team oversees the enterprise process for identifying, assessing, and monitoring emerging risks. The team also oversees the...
-
TORONTO, Canada Royal Bank of Canada Full timeJob SummaryThe Analyst, Enterprise Risk will support the Emerging Risk team, as well as the broader Credit & Enterprise Stress Testing team, in executing their mandates and further developing their programs.The Emerging Risk team oversees the enterprise process for identifying, assessing, and monitoring emerging risks. The team also oversees the...
-
Toronto, Canada Royal Bank of Canada> Full timeJob SummaryRBC GRM Portfolio Risk Oversight, BFS is hiring for a Risk Analyst. You will strive to create and deliver superior risk management insights through a range of effective methods that grow profitable business and drive prudent risk guidelines and policy, creating sustainable value for RBC shareholders. Using best-in-class data mining techniques, you...
