2024 Fall - GRM, Environmental & Social Risk Intern (4 Months)

RBC

2mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Sustainability
Toronto

Requirements

Must-have:
Must be currently pursuing a relevant degree in Science, Math, Statistics/Actuarial Sciences, Computer Science, Engineering, Environmental, Economics or another quantitative discipline (College, Undergrad, Master's or PhD).
Experience developing presentations, visualizations and dashboards for senior executives (e.g. PowerPoint, Tableau) and in interest in developing advanced analytical capabilities
A passion for learning, an inquisitive spirit and a self-starter.
Excellent written and verbal communication skills.
Open to multi-tasking and moving from task to task as we work under tight timelines and wear multiple “hats”.
Experience analyzing and manipulating large data sets using querying tools with the ability to transform business goals into requirements. Programming skills and knowledge of Python or R is considered an asset.
Commitment to quality and accuracy with a high level of attention to detail.
Nice-to-have:
Knowledge of and experience of climate risk including climate change science, development and use of climate change scenarios, models, projections, and data.
Demonstrated ability in mathematical, statistical, financial or economic analyses on large, complex datasets and in translating data into business insights.
Understanding of banking and commercial lending and/or risk management in the financial industry
Experience working with a diverse range of stakeholders.

Responsibilities

As an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes.
This is a new and evolving focus area, providing the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team. In this role, you will be supporting E&S regulatory compliance, disclosure, data delivery and risk integration; undertaking analysis, improving environmental & social data processes and providing support to data delivery and environmental and social risk integration work; and working to advance RBC’s capabilities in the measurement of climate risk and delivery of climate risk insights across the enterprise, to support senior-level decision-making.
What will you do?
Work as part of the broader E&S Risk team to align and coordinate management and monitoring of E&S Risk across environmental, climate and social topics.
Assist in the implementation of RBC’s E&S risk policies and procedures, and as part of a team, work to keep RBC informed of emerging E&S issues that could lead to credit, reputational or legal risk including the research of various ESG / climate regulations and requirements.
Complete due diligence reviews on financed properties to evaluate environmental, regulatory, and reputation risks.
Conduct analysis on large datasets to determine and communicate insights to key stakeholders.
Support internal and external climate data disclosures (e.g. the RBC Annual Report, ESG Performance Report, TCFD Report, industry disclosures, shareholder requests, rating agency data requests, etc.) including in respect of carbon-related assets, financed emissions and scenario analysis.
Support the development of E&S Risk educational material and coordinate the sharing of that information internally by arranging presentations and training sessions.

RBC

Ideas Happen Here.

Finance

Industry

10,001+

Employees

1864

Founded Year

Mission & Purpose

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 88,000+ employees who leverage their imaginations and insights to 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 our 17 million clients in Canada, the U.S. and 27 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.