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Internship

2024 CFO – Fall, Cards, Payments and Transformation Finance Co-op (4 Months)

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RBC

19d ago

🚀 Off-cycle Internship

Toronto

14d left

AI generated summary

  • You must have a business-related degree, understanding of current events/economics, strong writing/research skills, ability to explain complex concepts, analytical/problem-solving skills, proficiency in Microsoft Office, and ideally familiarity with Bloomberg and emerging technologies.
  • You will analyze credit card product profitability, provide performance reports, and support Loyalty & Rewards team with business insights and financial analysis.

Off-cycle Internship

Accounting & Tax, Banking & FinanceToronto

Description

  • As a Financial Analyst with Personal & Commercial Banking (P&CB) Performance Management you will work directly with the Credit Cards and Loyalty Finance teams on financial reports and ad-hoc analysis on business activities through the use of Excel, PowerPoint and other database tools. These initiatives will provide value-added insights, and help driving efficiencies and profitability for our business teams.
  • You will also work with our partners to learn about financial services industry, RBC’s Loyalty and Rewards business, and how to incorporate business strategy with financial analysis to provide financial advisory support. We are looking for a highly motivated individual with an analytical mindset, and a willingness to learn about the RBC’s Retail Banking business.

Requirements

  • Must-have:
  • Working towards a business-related university degree.
  • General understanding and awareness of current global events and basic economic concepts.
  • Excellent writing and research skills, strong interpersonal skills, and conceptual thinker.
  • An ability to understand and explain complex concepts.
  • Strong analytical and problem-solving skills.
  • Proficiency with Microsoft Office (e.g., PowerPoint, Excel, Word).
  • Nice-to-have:
  • Proficiency with Bloomberg and other market sources
  • Advanced proficiency with Excel
  • Coding/programming skills
  • Familiarity with emerging technologies

Education requirements

Currently Studying

Area of Responsibilities

Accounting & Tax
Banking & Finance

Responsibilities

  • Work independently and provide support to Loyalty & Rewards performance management team, including but not limited to analyses on business drivers, product profitability, monthly and quarterly reporting process, and ad-hoc requests from business partners
  • Understand, dissect and analyze credit card products profitability. Improve product reports by incorporating business understanding and financial insights
  • Understand and learn the basics of Loyalty & Rewards product economics and accounting treatments in order to provide in-depth analysis on various business performance drivers; monitor and track detailed product level performance drivers on a monthly basis

Details

Work type

Full time

Work mode

office

Application deadline

Jun 3, 2024

Location

Toronto