Job Description

Job Summary

What is the opportunity?

RBC\xe2\x80\x99s Corporate Treasury is responsible for managing the capital and liquidity position of the bank through a variety of risk measures, funding actions, liquid asset buffers, and other strategic initiatives. The Balance Sheet Management team in Treasury leads behavioral research work on the extensive array of retail and wholesale products the bank sells to clients with the goal of understanding how to cost effectively fund these products in a way that is robust to a wide variety of risks and stress scenarios.

The research and transfer pricing team within BSM is seeking to fill a 4 month internship for the summer period from May 6th through August 16th, and would like to find an individual interested in expanding their knowledge of treasury and liquidity risk management.



What will you do?

• Aid in the development of user-friendly tools that allow stakeholders to quickly access information on current liquidity parameters across internal and regulatory metrics across the same product type.
• Help develop infrastructure for liquidity scorecards which will accelerate the time to arrive at a liquidity parameterization conclusion and ensure a consistent treatment across like risks.
• Enhance the current approach to documentation and project tracking so that liquidity management teams can quickly identify priority items.
• Other bespoke requests as needed.

What do you need to succeed?

Must-have

• MBA or Master\xe2\x80\x99s Degree in a quantitative discipline (e.g. Finance, Economics, Statistics, Mathematics, Engineering, etc.)
• Strong knowledge of Microsoft Excel, including advanced formulas and ability to manipulate large data sets.
• Comfortable with matrix based calculation approaches.
• Working knowledge of banking products such as deposits, securities finance, and loans.
• Good business acumen, ability to anticipate potential needs when working through projects without prompting, and comfortability making recommendations and proposing solutions.

Nice-to-have

• Coding experience in VBA, Python, and/or MATLAB
• Experience with Tableau and data visualization
• Ability to understand and construct basic to intermediate SQL queries
• Research and writing experience
• Ability to draft technical documentation to support IT development as required

What\xe2\x80\x99s 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
• Opportunities to build close relationships

Job Skills Applied Research, Communication, Computer Literacy, Data Analytics, Data Management, Data Research, Data Science, Detail-Oriented, Finance, Interpersonal Relationships, Listening Effectively, Personal Development, Research Data, Risk Management, Taking Initiative, Treasury Management

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Office of the CFO

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2023-12-15

Application Deadline: 2024-01-15

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.

Join our Talent Community

Stay 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