2025 Winter - Grm, Market Risk Intern (4 Months)
5 days ago
**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?**
**What will you do?**
- Analyze and interpret large datasets related to risk sensitivities for the banks interest rate and FX business lines.
- Prepare comprehensive reconciliation reports between current and modernized risk generation infrastructure.
- Identify inefficiencies in existing testing process and propose solutions for improvement.
- Collaborate with project teams to implement automated tools for testing accuracy and completeness of risk measures.
- Liaise with market risk managers and project team to provide insights on analysis and testing output.
**What do you need to succeed?**
**Must-have**
- Currently enrolled at a Canadian post-secondary institution with a focus finance, economics or a quantitative discipline is preferred
- Strong knowledge in Financial Instruments and Derivatives Products (Fixed Income, Currencies) and associated Greeks
- 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.
- Proficient in Excel, SQL and Python
- Strong MS Office skills - Word, Outlook, Excel and PowerPoint
**Nice-to-have**
- Experience writing and editing requirement documentation, project plans or end-user document
**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 Winter 2025 Student placement with a start date of January 2025, 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.
ET25
**Job Skills**
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
**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**:
2024-09-10
**Application Deadline**:
2024-09-29
**I**nclusion** 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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