Job Description

Job SummaryParticipates 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.What is the opportunity?Risk Modeling and Analytics InternWhat will you do?

• Gain knowledge on retail banking and fundamental risk management principals, including the specifics of retail products, enterprise data systems and credit risk management.
• Support the team\xe2\x80\x99s feature generation project including data extraction, transformation and dealing with data quality issues. Work with large, enterprise level datasets leveraging standardized RBC tools such as Python, SAS and SQL.
• Support regular and ad-hoc reporting and data analytics, and become comfortable communicating and dealing with senior members of the Risk Modeling team.
• Assist with preparing documentation for audits or other processes.

What do you need to succeed?Must-have

• Desire to learn and an eagerness to make a meaningful contribution to the team environment at RBC Risk Modeling and Analytics.
• Experience in SAS/R/Python or other mathematical / statistical programming languages.
• Experience with SQL/Teradata or other database management systems.
• Ability to handle and organize large amounts of data and effectively summarize / present it to other stakeholders.

Nice-to-have

• Knowledge of basic concepts in credit risk (PD, LGD, EAD) and financial data.
• Good understanding of banking, finance and statistics / calculus

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 and make a difference
• Opportunities to building close relationships

Please note: This posting is for a 4 or 8 months Student placement with a start date of January 2025, and end date of April 2025 or August 2025. In order to be eligible for this 4 or 8months Student position, you must either:

• Be returning back to school after the work term end-date of April or August 2025 ; or
• If you are not returning back to school (i.e. are graduating in April or August 2025), you must require the full 4/8 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 29, 2024. 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.ET25Job SkillsAdditional Job DetailsAddress: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: Student/Coop (Fixed Term)Pay Type: SalariedPosted Date: 2024-08-29Application Deadline: 2024-09-29Inclusion and Equal Opportunity EmploymentAt 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 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