05 Sep
|
0000050007 Royal Bank of Canada
|
Toronto
05 Sep
0000050007 Royal Bank of Canada
Toronto
Job Description
What is the Prospect
- Provide market risk oversight for Global Equities and Central Funding businesses in Canada, acting as a key link between trading staff, management, and Group Risk Management.
- Support the management of market risk reporting process and ensure accuracy of key risk metrics.
- Analyze key trading strategies and products to ensure they are in line with RBC's risk tolerance and objectives.
- Monitor changes in portfolio and market to extract value-added insight for senior management.
- Highlight key market themes and events that form risk thematic relevancy to your coverage.
- Monitor trading activities and exposures to ensure they are within approved policies and limits, and that reports are timely and accurate.
- Review significant transactions to help facilitate businesses while ensuring proper risk controls.
- Collaborate with trading teams to ensure cohesion on key risk issues: systems, limits, risk management.
- Collaborate and coordinate among different stakeholders to meet enterprise/business line project deliverables. This will include projects related to capital requirements, risk modernization, as well as on-demand ad-hoc requests from internal partners.
- Identify opportunity to automate, improve and standardize processes within the market risk team using python and AI tools.
Must‑Haves
- Bachelor or MS in Finance, Economics or a Quantitative subject.
- Education in risk management or related work experience in capital markets including knowledge of market risk concepts (sensitivity analysis, VaR, stress testing etc.).
- Knowledge of vanilla derivative products in most asset classes, including Equity, Fixed income, and Foreign Exchange.
- Proficient in Python and SQL; Other strong technology experience with proven track record is a plus.
- Strong written and oral communication skills.
- Strong collaborator and have a high level of curiosity.
Nice‑to‑have
- Proficient in working with complex dataset and building tools with multiple data source for time‑series analysis and data visualization.
- Ability to learn and absorb new concepts quickly and apply new knowledge.
This posting is for a 4-months Winter 2027 Student placement with a start date of January 2027, and end date of April 2027.
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 2027 ; or If you are not returning back to school (i.e. are graduating in April 2027), you must require the full 4‑months work term as a mandatory component to in order to graduate successfully.
The successful candidate for this role will be required to be located within Ontario for the duration of the work term.
RBC is committed to supporting flexible work arrangements when and where available.
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.
Job Skills
- Communication
- Computer Literacy
- Detail‑Oriented
- Interpersonal Relationships
- Listening Effectively
- Personal Development
- Personal Initiative
- Python (Programming Language)
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:
- Application Deadline:
- Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Royal Bank of Canada is a global financial institution with a purpose‑driven, principles‑led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
Find out how we use our passion and drive to enhance the well‑being of our clients and communities at jobs.rbc.com.
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📌 2027 Winter - GRM, Local Market Risk Intern (4 Months) (Toronto)
🏢 0000050007 Royal Bank of Canada
📍 Toronto