2024 Fall - GRM, Wholesale Credit Risk Intern (4 Months)

RBC

3mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Banking & Finance
Toronto

Requirements

Must-have:
Strong interpersonal skills, with outstanding written and verbal communication skills
Superior time management skills and attention to detail, with ability to perform well under pressure
Knowledge and an understanding of financial statement analysis;
Experience with Excel, including using Excel and VBA/Macro as a tool for financial analysis and process optimization involving large data sets.
Demonstrated research capabilities and an ability to apply an analytical approach
Be in the process of completing their MBA, or in 3rd or 4th year of an undergraduate program if the candidate has relevant experience.
Nice-to-have:
Some knowledge of and interest in pursuing a career in Risk Management or Capital Markets.
Some background or experience working with fund managers or funds would be an asset.
Previous experience using online research tools such as Bloomberg or using S&P/Moody’s/Fitch ratings.
Steps towards attaining a CFA designation.

Responsibilities

Perform credit analysis on investment managers and individual Fund borrowers; this includes reviewing Risk Assessment Framework (RAFs) which encompasses industry, business and financial risks.
Assist with transaction flow by reviewing lending and/or trading transactions from various teams within Capital Markets as they proceed through the approval process.
Assist in daily monitoring of borrower’s business and financial performance through monitoring of financial and industry information (conference calls, news releases, financial results, etc.), regulatory changes, third party analysis including rating agency publications, and other early warning signals.
Conduct specific industry research and provide support on special projects as requested.
Provide technical, analytical and project support for other functions carried out, particularly in the areas of process optimization and data management.

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.