Analyst , Credit & Stress Testing , Summer 2022

Job title: Analyst , Credit & Stress Testing , Summer 2022

Job description: Please note: This posting is for a 4-month Student Summer 2022 placement with a start date of May 2022, and end-date of August 2022. 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 2022; or
• If you are not returning back to school (i.e. are graduating in August 2022), you must 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?

Working under the Credit and Enterprise Stress Testing team during Summer 2022 will provide valuable hands-on opportunity for co-op students to glimpse into the design and execution of large-scale enterprise-wide stress testing across the banking and trading books, with extensive exposure to all risk types identified within RBC’s Risk Pyramid.

What will you do?

• Produce key stress testing results under the supervisor of directors and senior directors in Credit and Enterprise Stress Testing
• Create presentation materials for senior risk committees, summarizing key results in a compact and impactful manner
• Liaise with key stakeholders from RBC Economics, Group Risk Management, Finance, and Corporate Treasury where necessary

What do you need to succeed?

Must-have

• A bachelor’s degree from a recognized university, in a business or quantitative field, such as finance, accounting, economics, statistics, mathematics
• Previous exposure to financial risk management in a professional setting
• Some exposure to at least one programming language from SAS/Python/R
• Strong verbal and written communication, able to communicate with clarity and brevity

Nice-to-have

• Exposure to macroeconomics and econometrics
• Solid understanding of key banking products and primary risk drivers
• Exposure to financial and risk forecasts / predictive models
• Exposure to accounting of balance sheet and income statement of a bank

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

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 17th January 2022. 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. Candidates for this role will be required to be located within Ontario for the duration of the work term. More specific details regarding virtual, hybrid, and in-office arrangements for Integrated Learning/ Co-op positions will be discussed with the Hiring Manager.

HO2022

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit .

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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY
City: Toronto
Address: 155 WELLINGTON ST. WEST
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: [[filter7]]
Career Level: Student Job
Pay Type: [[jobGrade]]
Position Level: PL11
Required Travel(%): [[requiredTravel]]
Exempt/Non-Exempt: [[exemptionStatus]]
People Manager: [[peopleManager]]
Application Deadline: 01/17/2022
Req ID: 438683

Click Here to Apply

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