2023 Fall Student - Personal And Commercial Banking - Reporting Analyst (4 Months)

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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 Fall Student - Personal and Commercial Banking - Reporting Analyst (4 months)

What is the opportunity?

As a leading automotive financial service provider, RBC Automotive Finance (AF) strives to be the lender of choice for the automotive industry in Canada and build lasting relationships with dealers, manufacturers and consumers. The AF business is one of the most dynamic and interesting lines of business across Personal & Commercial Banking. It is the platform’s core indirect lending business wherein the dealer acts as a broker and decides where to send the client’s application, and the business therefore caters to two levels of clients (i.e. the dealer and the end consumer). For new vehicles, Original Equipment Manufacturer (OEM) partners may establish financing programs to support their sales volume targets through subvented financing rates offering. In this case, the business caters to three levels of clients (i.e. the vehicle manufacturer, the dealer and the end consumer).

AF possesses a few unique dynamics that sets it apart from the rest of the Personal Financing Products businesses – it has its own salesforce that reports directly to the business, and the commercial and retail sides of the business are combined under one umbrella. The Manufacturer Partnerships team, a part of the broader retail team, is responsible for product management activities to achieve business objectives for Indirect Lending under the subvented loan portfolio.

This is a fantastic opportunity for the intern to meaningfully impact the client experience of our OEM partners by supporting the Manufacturer Partnerships team with its internal and client-facing reporting.

What will you do?

• Develop and present billing reconciliation reporting to team leadership at monthly management oversight meeting
• Contribute to the achievement of subvention billing KPIs by reviewing, investigating and reconciling OEM invoices
• Support the product team with the development, optimization and distribution of portfolio performance reporting to clients (OEMs)
• Support the product team with product ideas, policy maintenance, escalations and risk mitigation activities

What do you need to succeed?

Must-Have

• Ability to effectively collaborate with others in a fast-paced environment
• Currently enrolled in a post-secondary program for the 2023/202 school year
• Attention to detail and time management
• Strong MS Excel skillset
• Strong written/oral communication skills to develop and convey thoughtful and insightful explanations

Nice To Have

• Previous exposure to the automotive industry
• Reporting and analytics experience

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
• Opportunities to do challenging work
• Work in a dynamic, collaborative, progressive, and high-performing team

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.

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Personal and Commercial Banking

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2023-06-30

Application Deadline:

2023-07-10

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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