2026 Summer - GRM, Risk Analyst Intern (4 Months)

Job DescriptionWhat is the opportunity? Are you interested in the opportunity to work as a Risk Analyst Student at RBC? By applying to this job posting, you will be considered for internship in Market Data of Core Methodology team within Global Risk Analytics group.What will you do? This internship offers a unique opportunity to gain hands-on experience in the financial markets, working closely with our data analysts and financial engineers. The intern will be involved in the end-to-end process of handling market data, from initial review to analysis and preparation for use in critical risk models. The key responsibilities include:Review Raw Market Data: Assess and validate market data from vendors for accuracy and completeness, identify any anomalies or discrepancies.Data Cleaning: Apply data cleansing techniques to remove errors, standardize data formats and ensure consistency across datasets.Market Data Analysis: Analyze cleaned data to derive key metrics and trends, assisting in the construction of risk factors and their historical series.Documentation: Maintain clear and organized documentation of processes, methodologies, and findings to ensure transparency and facilitate future analysis.Collaboration: Work closely with senior analysts and other departments, including risk model developers and risk IT, to ensure the accurate and timely delivery of the market data.What do you need to succeed? Must-have Currently enrolled at a Canadian post-secondary institution with a focus on quantitative finance, risk management, data science, computer science, mathematics, statisticsAbility to extract and transform data, perform complex data analysis on large volumes of data and present findings to stakeholdersSelf-motivated individual with a high level of analytical capabilities and attention to detailsStrong programming skills in one or more languages (Python, R)Experience or understanding of querying databases (SQL), data visualization toolsGood command of Excel, VBA programmingHighly developed written and oral communication skillsExcellent team player with strong interpersonal skillsAbility to work under pressure and against tight deadlines in a fast-paced environmentNice-to-have Proficient in building statistical models with complex and large time series datasetsKnowledge of design, development, and implementation utilizing current analytics technologies and architectureRelational database concepts, MS Office Outlook, Word experienceAbility to learn and absorb new concepts (in business and in systems) quickly and apply new knowledgeWhat’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 RBC employees.Leaders who support your development through coaching and learning opportunitiesWork in a dynamic, collaborative, progressive and highly performing teamAbility to make a difference and lasting impactOpportunities to do challenging workEnjoy a comfortable work environment with the option to dress casuallyPlease note: This posting is for a 4-months Summer 2026 Student placement with a start date of May 2026, and end date of August 2026. 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 2026 ; orIf you are not returning back to school (i.e. are graduating in August 2026), 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 16, 2026. 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.ET26Job SkillsData Analysis, Python (Programming Language), Risk ModelingAdditional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:Student/Coop (Fixed Term)Pay Type:SalariedPosted Date:2025-12-12Application Deadline:2026-01-18Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay 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.