Market Risk Analyst Intern

Job Summary

Participates 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.

Job Description

The Risk Analyst– Local Market Risk, Group Risk Management will help promote a “Best of Class” risk oversight environment. This includes the following core components:

• Definition of approved tradable instruments/products
• Aid in the construction and monitoring of market risks and limits
• Assist with monitoring compliance and policy requirements

What will you do?

• Deliver the key daily/weekly market risk metrics analysis through risk reporting and ensure the accuracy of risk data
• Analyse key trading strategies and products to ensure they are in line with risk tolerance and objectives.
• Manage the development and enhancement of the risk infrastructure (e.g. product mandate, limit reviews, and documentation)
• Ensure limits are comprehensive and include all risk factors that are relevant
• Investigate risks to provide value-added insight to senior management on risk trends and concerns.
• Review significant transactions to help facilitate businesses while ensuring proper risk controls.

What do you need to succeed?

Must-have

• Relevant experience required in a credit or market risk function including:
  • Value-at-Risk measurement and back-testing
  • Stress testing and scenario analysis
  • Sensitivity analysis and p/l decomposition
• MBA, MA, MS or equivalent with emphasis in finance, economics or a quantitative discipline
• Knowledge of markets and products including:
  • Interest rate derivatives
  • Fixed income trading strategies
• Good command of Excel, VBA programming and Python
• Strong interpersonal skills
• Strong investigative and critical thinking skills
• Strong problem solving skills
• Strong ability to manage multitasking under stressful environment

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.

• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Opportunities to building close relationships with counterparts across the bank

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

• Be returning back to school after the work term end-date of April 2025 ; or
• If you are not returning back to school (i.e. are graduating in April 2025), you must require the full 4-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, 2025. 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.

ET25

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-09-20

Application Deadline:

2024-09-29

I nclusion 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.
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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.

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