2023 Capital Markets, Global Credit Institutional Client Credit Management Fall Analyst (4 Months)

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

2023 Capital Markets, Global Credit Institutional Client Credit Management Fall Analyst (4 Months)

Looking to start your career in Financial Services? RBC fosters a positive learning environment for students by providing the support and resources to help strategize your career path. Since we opened our doors in 1864, RBC has grown to become one of North America's leading diversified financial services companies. This is an exciting opportunity to be part of a high-performing and dynamic global group.

Global Credit is a Middle Office within RBC Capital Markets. Fall Interns will be recruited into the Institutional Client Credit Management team. Global Credit provides transactional, risk assessment, and credit monitoring support for RBC Capital Markets loan and trading exposures. Global Credits key business partners are the Corporate and Investment Bank, Global Markets, and Investor & Treasury Services.

The Institutional Client Credit Management team is responsible for the management and administration of credit and transactional limits to support trading activities with real money asset managers.

What will you do?

This opportunity will be highly initiative-driven and in addition to set responsibilities the student will excel by seeking out their own opportunities to learn and add value. Key responsibilities include:

• Assist in the preparation of Annual reviews of trading counterparties, including regulated mutual funds, pension funds, trusts and endowments
• Completion of assigned projects and other duties in an efficient and effective manner that supports business initiatives and regulatory requirements
• Assist in onboarding new clients by understanding and assessing client investment strategies from a risk perspective.
• Support the ongoing administration of the client portfolio through limit maintenance.

What do you need to succeed?

Must-have:

• Professional written and verbal communication skills
• Highly organized with good attention to detail and very high level of accuracy
• Ability to prioritize, handle multiple tasks under pressure and meet time-sensitive deadlines
• Good analytical, communication and problem solving skills
• Ability to think critically and “outside the box”
• Strong personal skills and the ability to work effectively independently and within a team environment
• Working towards a Bachelor or Masters degree in Finance, Business Administration, Economics, CFA, or other related field

Nice-to-have

• Knowledge and an understanding of financial statement analysis
• Previous experience working with a Financial Institution
• Previous experience using online research tools such as Bloomberg, KMV, or using S&P/Moody’s/Fitch ratings
• Proficient in the full suite of Microsoft Products, including Excel (including using Excel as a tool for financial analysis) Word, PowerPoint, Access

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. At RBC, you will have opportunities to:

• Interact with leaders who support your development through coaching and managing
• Make a difference and lasting impact through meaningful work
• Network and build lasting relationships with students from diverse backgrounds from across Canada
• Work in a dynamic, collaborative, progressive, and high-performing team

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2023-05-26

Application Deadline:

2023-06-04

Inclusion 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.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 rbc.com/careers.