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Internship

2024 CFO - Fall Financial Analyst (Co-op), Capital Markets Balance Sheet Advisory (4 Months)

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RBC

28d ago

🚀 Off-cycle Internship

Toronto

3d left

AI generated summary

  • You need excellent communication, organization, and multitasking skills, plus proficiency in financial software and interest in a CPA or CFA. Capital Markets and analytical tools experience are a bonus.
  • You will support stakeholders with financial resource reporting, enhance data processes, develop balance sheet analysis, provide insightful commentary, automate key processes, and advance analytic capabilities for Capital Markets' senior management team.

Off-cycle Internship

Banking & FinanceToronto

Description

  • An exciting opportunity where you will play an integral role in the management reporting for Capital Markets (CM) financial resources to ensure accuracy and timeliness of reporting to key stakeholders. Working closely with the CM and TS performance management teams, you will also be assisting with developing forward looking and historical analysis for key business stakeholders, as well as producing analytical tools and initiatives to measure business performance.
  • Capital Markets and Treasury Services (collectively known as the Wholesale businesses) on a combined basis generates over $9 Billion of revenue per year (or over $30 Million of revenue per day). The nature and size of the Wholesale businesses require high frequency, accurate and relevant Profit and Loss and Balance Sheet reporting and analysis.

Requirements

  • Must-have:
  • Excellent verbal and written communication skills
  • Ability to convert financial data and knowledge into clear and concise messaging with actionable advice for business partners
  • Motivated individual who can work under pressure and demonstrate multi-tasking skill
  • Organization skills and ability to prioritize activities
  • User proficiency with computer applications, such as Microsoft Word, Excel and PowerPoint, spreadsheet/financial accounting skills, and any other related accounting software
  • Interest in obtaining a CPA or CFA
  • Nice-to-have:
  • Exposure to Capital Markets products and businesses
  • Experience in an accounting/finance and reporting environment
  • Knowledge and experience using analytical tools and managing large datasets

Education requirements

Currently Studying

Area of Responsibilities

Banking & Finance

Responsibilities

  • Support business stakeholders in understanding financial resource reporting while pursuing data enhancements to streamline processes and improve calculation efficacy across model reporting.
  • Support the implementation of an enhanced financial resources reporting model and process.
  • Support the development of balance sheet analytical expertise and forward looking analytical support as well as planning and forecasting of Capital Markets’ Balance Sheet, including RWA, leverage exposure and liquidity.
  • Develop Balance Sheet analysis (forward looking and historical) through insightful and value-added commentary using macro and micro level datasets.
  • Develop, in conjunction with the Manager/Associate Director/Director, ad hoc analytical tools and initiatives, including automation of key processes and reporting mechanisms.
  • Be instrumental in advancing analytic capabilities that are used to support advisory functions to the Capital Market's senior management team across Finance and the Front Office, by aiding in the development and advancement of financial models and data inventories/dashboards.

Details

Work type

Full time

Work mode

office

Application deadline

May 26, 2024

Location

Toronto