Summer 2026 Student

2 weeks ago


Toronto, Canada RBC Full time

Job Description Please note: This posting is for a 4-month Student Summer 2026 placement with a start date of May 2026 and end-date of August 2026. In order to be eligible for this 4-month Student position, you must either: Be returning back to school after the work term end-date of August 2026; or If you are not returning back to school (i.e. are graduating in April/August 2026), but you require the 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. What is the opportunity? Join our dynamic Commercial Banking team as a Summer Student Intern (GG11) and gain hands‑on experience in margin lending, financial covenant testing, and compliance monitoring. Working alongside seasoned professionals, you’ll support critical processes that ensure accurate financial assessments and regulatory adherence for our clients. This role offers a unique opportunity to learn about commercial credit, risk management, and operational efficiency in a collaborative, high‑performing environment. What will you do? Review, interpret, and analyze financial statements and related reporting for Commercial market clients. Assist in preparing simple‑to‑mid complexity margin lending value calculations, financial covenants, and breach letters with oversight from the team. Support the conversion of client files to electronic submissions via the Compliance Monitoring Tool – Covarity, contributing to process automation and efficiency gains. Collaborate with team members to resolve client inquiries and ensure adherence to service commitments. Help identify process inefficiencies and propose enhancements to improve workflow accuracy and speed. Engage with stakeholders (e.g., CAG Risk, GRM, BSC) to facilitate seamless transaction processing. Participate in onboarding clients to compliance tools and maintaining documentation. What do you need to succeed? Must‑have Solid foundational knowledge of financial concepts, including the ability to read, interpret, and analyze financial statements (e.g., balance sheets, income statements, cash flow statements). Strong analytical and problem‑solving skills Demonstrated ability to work collaboratively in a team environment and follow structured processes. Professional communication skills (verbal and written) to interact with stakeholders and clients. Keen attention to detail and a proactive attitude toward learning. Pursuing a degree in Business, Finance, Accounting, or a related field. Nice‑to‑have Coursework or basic knowledge of commercial credit, risk management, or compliance monitoring (e.g., understanding of loan covenants, margin lending principles). Prior experience or familiarity with banking operations, internships, or projects related to finance/accounting. Working knowledge of RBC systems (e.g., Synergy, OLBB, CMS) or similar banking platforms. 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. Skill Development: Gain practical experience in commercial banking operations, compliance, and client service. Mentorship: Work closely with experienced professionals who will guide your growth. Impactful Work: Contribute to process improvements that enhance efficiency and client satisfaction. Collaborative Culture: Join a team that values innovation, mutual success, and community impact. Job Skills Communication, Computer Literacy, Detail‑Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative Additional Job Details Address: YORK MILLS CENTRE, 36 YORK MILLS RD:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: PERSONAL & COMMERCIAL BANKING Job Type: Student/Coop (Fixed Term) Pay Type: Salaried Posted Date: Application Deadline: 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 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 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. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail. #J-18808-Ljbffr



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