Financial Analyst, ALM Portfolio Management, Summer 2022 Student

Job title: Financial Analyst, ALM Portfolio Management, Summer 2022 Student

Job description: What is the opportunity?

This is an exciting opportunity to work in the ALM Portfolio Management and Execution team with the RBC Corporate Treasury. You will work with a highly skilled team of Portfolio Managers and Traders, getting a great exposure to the way in which the bank seeks to manage the risk exposures that arise from various banking products. You will gain exposure and an opportunity to learn more about the workings of the financial markets and the business of banking.

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 will you do?

• Assist the team in calculating and troubleshooting hedging activities
• Work to automate several work product that the team produces
• Compile reports and analysis of the performance of hedges
• Work with internal stakeholders within CT to investigate changes in key risk metrics used for ALM
• Develop proficiency in balance sheet risk measures and simulation

What do you need to succeed?

Must-have

• Educational background in Mathematics, Finance or Computer Science
• Some knowledge of programming in VBA and/or Python
• An understanding of Financial Instruments and Derivative Products

Nice-to-have

• Previous experience in banking
• Knowledge of SQL
• Knowledge of bank ALM practices

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

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: 155 Wellington St. W.
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Student/Intern/Coop
Career Level: Student Job
Application Deadline: 01/17/2022
Platform: CFO Group
Req ID: 437117
Ad Code(s):

Company: Royal Bank of Canada

Expected salary:

Location: Toronto, ON

Job date: Sun, 19 Dec 2021 01:26:15 GMT

Job Source: Careerjet.ca

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