Risk Analyst, Enterprise Model Risk Management (Summer 2022 Student)

Job title: Risk Analyst, Enterprise Model Risk Management (Summer 2022 Student)

Job description: Please note: This posting is for a 4-month Student Summer 2022 placement with a start date of May 2022, and end-date of August 2022. In order to be eligible for this 4-month Student position, you must either:

• Be returning back to school after the work term end-date of August 2022; or
• If you are not returning back to school (i.e. are graduating in August 2022), you must require the 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.

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?

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

What do you need to succeed?

Must-have

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

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
• 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

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 17th January 2022. 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. Candidates for this role will be required to be located within Ontario for the duration of the work term. More specific details regarding virtual, hybrid, and in-office arrangements for Integrated Learning/ Co-op positions will be discussed with the Hiring Manager.

HO2022

OAA2022

TAD2022

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit .

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 .

Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY

City: Toronto
Address: 200 Bay Street
Work Hours/Week: 37.5
Work Environment: Office
Career Level: Student Job
Job Posting End Date: 01/17/2022
Req ID: 435976

Posting Notes:

Company: Royal Bank of Canada

Expected salary:

Location: Toronto, ON

Job date: Sat, 18 Dec 2021 04:14:02 GMT

Job Source: Careerjet.ca

Click Here to Apply