2023 Grm, Fall Intern 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 GRM, Fall Intern Analyst (4 Months)

What is the opportunity?

Enterprise Model Risk Management is looking for an intern to help out with limited scope validations of pricing and risk models for interest rate derivative products.

What will you do?

• Help with testing new and existing pricing and risk models, particularly for IBOR reform related projects
• Review model submissions and provide feedbacks to reporting manager
• Write limited scope validation reports

What do you need to succeed?

Must-have

• Familiarity with Excel and Word
• Decent knowledge and ability to use Python programming language
• Graduate degree or close to graduating in a discipline such as actuarial science, finance, mathematics, computer science, physics, or other quantitative sciences
• Good communication and interpersonal skills
• Basic knowledge of interest rate products such as swaps/basis swaps and European caps/floors/swaptions etc.

Nice-to-have

• Basic knowledge and ability to use C++ programming language
• CFA or FRM designation

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
• Opportunities to building close relationships
• Work in a dynamic, collaborative, progressive, and high-performing team
• Ability to make a difference and lasting impact
• Opportunities to do challenging work and make a difference

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:

Group Risk Management

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2023-05-18

Application Deadline:

2023-06-18

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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