Analyst, Market & Model Risk, Summer 2022 Student

Job title: Analyst, Market & Model Risk, Summer 2022 Student

Job description: What is the opportunity?

Internal Audit works to review what’s going on behind the scenes of all lines of business across RBC. It is the ideal work environment if you’re interested in seeing how things work, are curious about digging deep into data to discover new things and like to use your imagination to make recommendations or drive insights.

By joining us for a 4-month long position, you will be involved in a variety of challenging assignments, allowing you become familiar with a wide range of areas across RBC, while also strengthening the skills and knowledge you need to launch a successful career. Our students benefit from interesting work and networking opportunities, and are encouraged to collaborate on innovations.

Please Note:

• This posting is for an 4-month Student Summer 2022 placement with a start date of May 2022, and end-date of August 2022. To be eligible for this 4-month Student position, you must either:

• (1) Be returning back to school after the work term end-date of August 2022; or
• (2) 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 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 do you need to succeed?

Along with pursuing a post-secondary education and being available for a work term commencing in May, there are some other qualities that we look for in members of Internal Audit.

• Be Curious. You don’t have to have an audit or accounting background in order to be successful here. What we look for is someone who has an interest in understanding and learning about auditing principles and techniques. Someone who is able to think critically and isn’t afraid to recommend an approach or challenge others’ opinions in a constructive manner. Someone who has a passion for learning and personal development, and wants to spend their summer collaborating with a diverse group of talented individuals.
• Be Tech-Savvy. Internal Audit is a leader in finding innovative ways to use technology to be more efficient and impactful. Proficiency in Microsoft Office tools, including Word, Excel, PowerPoint and Excel, is required. Experience with data analytics tools such as Python and visualization tools like Tableau are also an asset.
• Be Adaptable. We are a busy part of RBC where there is always a lot on the go. We are looking for someone who thrives in a dynamically changing environment with strong project management skills, allowing you to multi-task, prioritize and work independently under tight timelines.

What you will do

• Assess and provide objective assurance on the effectiveness of internal controls, risk management practices and corporate governance processes in order to identify whether controls are operating effectively to improve business operations. Key tasks may include:

• Participating in audits, control design review, continuous audit review and consulting engagement
• Participating in planning sessions to develop audit techniques using data analytics
• Using Tableau to develop data analytics and visualization reports
• Preparing management reports
• Prior exposure to financial/statistical models would be an asset
• Understanding of the mechanics of some basic financial products such as Interest rate swaps, Forwards and Vanilla Options would be an asset

Requirements

• Post-secondary education major in Business, Data Science, Engineering, Mathematics, Finance and Accounting, Statistics or Computer Science
• Demonstrated knowledge and experience working with data analytics software packages, data visualization tools and programming languages (Tableau, Python, R, SAS, SQL, etc.)
• Prior exposure to valuations and/or risk analysis of financial trading products would be an asset
• Participate in the development of data analytics using Market, Counterparty Credit and Liquidity risk exposures data.

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

RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.

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JOB SUMMARY
City: Toronto
Address: 20 King Street W.
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Student/Intern/Coop
Career Level: Student Job
Application Deadline: 01/17/2022
Platform: Internal Audit Services
Req ID: 437439
Ad Code(s):

Company: Royal Bank of Canada

Expected salary:

Location: Toronto, ON

Job date: Sun, 19 Dec 2021 01:19:55 GMT

Job Source: Careerjet.ca

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