2025 Fall- Grm, Third Party Risk Practice Management Analyst, Intern
1 week ago
**Job Summary**
The GRM Third Party Risk (TPR) team is accountable for RBC’s enterprise-wide Third Party Risk management (TPRM) strategy and framework, enabling RBC to identify, measure, monitor, and mitigate the risks associated with third parties. TPR works with Senior Management across RBC’s business platforms and functions, providing oversight and challenge to ensure effective implementation of TPRM practices in compliance with regulatory and policy requirements. TPR also provides strategic advice, education, and key practices across RBC.
To ensure the effectiveness and support the evolution of the TPRM Program, the TPR Practice Management team evaluates existing practices, leveraging data and analytics, best practices in the industry and regulatory requirements, and propose alternatives to strengthen procedures workflows, and controls that will enable the identification and mitigation of third-party risk in a consistent manner across stakeholders.
**What is the Opportunity?**
**What will you do?**
The Analyst is responsible for:
- Supporting in the design, build, deploy and maintain RBC’s enterprise third-party risk process and practices, from a continuous improvement perspective and in line with key regulatory requirements and industry best practices;
- Supporting workstreams related to the CNB integration to RBC practices, specifically related to potential enhancements and data migration to our internal system platforms, facilitating stakeholder awareness/collaboration, monitoring activities to completion in timely manner and reporting progress internally in line with defined plan for remediation;
- Collaborating with the overall adoption of the enterprise practices by the different business segments and lines of defense, including development and execution of training and communication plan.
Additionally, the Analyst will also:
- Provide data insights to enable evolution of Enterprise TPR Practices
- Support Program Integration and Implementation across 1 LOD and 2 LOD stakeholders
- Support Regulatory Compliance Reporting
- Act as a Leader in TPR and GRM Operational Risk
**What do you need to succeed?**
**Must-have**
- Working towards a business-related university degree
- Excellent writing and communication skills
- Ability to work within a team and possess strong interpersonal skills
- Demonstrated interest in Risk Management, Governance and Controls of Third Parties (suppliers) and/or Operational Risk
- Ability to take initiative and problem solve.
- Proficiency with Microsoft Office (e.g., PowerPoint, Excel, Word)
- Data Analytics, Data Modelling and Reporting
**Nice-to-have**
- Working towards post-graduate degree with a focus in business
- Proficiency with Tableau or other similar visualization tools
- Familiarity with programming
- Prior internship experience in a governance or controls type team
- Previous experience of working in a financial institution
**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.
- 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: This posting is for a 4-months Fall 2025 Student placement with a start date of September 2025, and end date of December 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 December 2025; or
- If you are not returning back to school (i.e. are graduating in December 2025), you must require the full 4-months work term as a mandatory component to in order to graduate successfully.
- ET25_
**Job Skills**
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
**Additional Job Details**
**Address**:
20 KING ST W: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**:
2025-05-16
**Application Deadline**:
2025-05-26
**I**nclusion** and Equal Opportunity Employment**
At 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
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