2026 Winter - GRM, Risk Analyst - ALM Risk Intern (4 Months)

Royal Bank of Canada

  • Toronto, ON
  • Contract
  • Full-time
  • 16 days ago
Job DescriptionWhat is the opportunity?A co-op placement within the Asset-Liability Management Risk team (ALM Risk), part of Enterprise Balance Sheet and Liquidity Risk.With an enterprise-wide mandate, ALM Risk is RBC’s second line of defense in the management of Interest Rate Risk originating in the Banking Book (IRRBB). Through direct oversight (Head Office Corporate Treasury) or through advice-and-counsel to global GRM teams, ALM Risk provides independent oversight and monitoring of risk quantification and risk mitigation activities conducted by the first line of defense.What will you do?
  • Identify process bottlenecks in the generation of existing monthly and quarterly management reporting
  • Establish a workflow including automation of data sources/transformations to streamline report production and improve timeliness of reporting
  • Utilize the latest technologies available, designing and building data solutions to meet business and risk management needs
  • Constantly seek out better ways to do things, via new tools, new technologies, new processes
  • Promote analytics across the enterprise to enable RBC to become a data-driven organization
  • Gain a broad-based understanding of Canada’s banking landscape including:
  • Drivers of key financial metrics and profitability (EPS, CET1 ratio)
  • Competitive differentiators (business model, geographic footprint) amongst RBC’s peers
What do you need to succeed?Must-have
  • Currently enrolled at Canadian post-secondary institution with a focus on business, finance, economics, mathematics, computer science
  • Strong interest in banking and finance
  • Leadership acumen and a passion to apply it in a dynamic business environment
  • Excellent interpersonal and highly developed communication skills (verbal and written)
  • Creative and analytical thinker who is self-driven and capable of working in a fast paced environment
  • Broad exposure to market risk arising outside of trading portfolios and associated concepts
  • Experience or understanding data visualization tools (Tableau) and databases (SQL and/or VBA)
  • Programming skills in one or more languages (e.g. Python, R)
  • Ability to data extract, transform, and load processes with a variety of data types
  • Keen attention to detail and strong organizational skills
  • Strong MS Office skills – Word, Outlook, Excel, and PowerPoint
Nice-to-have
  • Work experience in a finance/banking/capital markets related field
  • Relational database concepts and design experience
  • Ability to learn and absorb new concepts (in business, systems, and risk management) quickly and apply new knowledge
  • Familiarity with financial data platforms as Bloomberg, Morningstar etc.
  • Working towards CFA or FRM designation would be an asset
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.
  • Network and build lasting relationships with students from diverse backgrounds from across Canada
  • Participate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balance
  • Leaders who support your development through coaching and learning opportunities
  • Work in a dynamic, collaborative, progressive and highly performing team
  • Ability to make a difference and lasting impact
  • Enjoy a comfortable work environment with the option to dress casually
Please note: This posting is for a 4-month Winter 2026 Student placement with a start date of January 2026 and end date of April 2026. In order to be eligible for this 4-months Student position, you must either:
  • Be returning back to school after the work term end-date of April 2026 ; or
  • If you are not returning back to school (i.e. are graduating in April 2026), you must require the full 4-months 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.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 September 14, 2025. 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. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.ET26Job Skills Analytics, Banking, Business Models, Capital Markets, Collaborating, Communication, Data Management, Data Solutions, Data Visualization, Finance, Interpersonal Relationships, Listening Effectively, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Personal Development, Personal Initiative, Python (Programming Language), Reading Financial Statements, Risk Management, Risk Mitigation, Structured Query Language (SQL), Tableau (Software), Understanding DataAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: Student/Coop (Fixed Term)Pay Type: SalariedPosted Date: 2025-08-18Application Deadline: 2025-09-15Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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 .

Royal Bank of Canada