Job Description
As a Co-op Intern in Global Compliance Internal Audit, you will assess the effectiveness of internal controls, risk management practices, corporate governance processes, and fraud prevention and detection, for the Global Compliance function at RBC. You will take a strategic approach to engagements that incorporate emerging risks and the implementation of new approaches and techniques.
We are looking for an eager and high performing individual with an interest in continuing to develop their audit skills. During your tenure, you will gain exposure to RBC’s Regulatory Compliance Management program, products, business lines and platforms with the aim of becoming a subject matter expert. You will also work with management in achieving business objectives by identifying opportunities to improve business processes, while remaining objective and independent.
RBC Internal Audit leverages a unique perspective— with a coordinated view across the entire business—to deliver valuable advice that not only gives assurance, but that illuminates a bigger picture, connects dots, builds best practices and broadens possibilities. We connect intelligence to protect and enable RBC.
What will you do?
- Contribute to integrated audit teams in the planning, execution and reporting of Global Compliance audit engagements
- Develop, draft and review recommendations relating to audit programs and sampling techniques
- Assess the effectiveness of internal controls, risk management practices and governance processes to complete audit programs
- Uncover patterns, insights, trends and anomalies through analysis of data sets and the use of visualization tools
- Assist with regulatory requests in all regions and provide support on key projects and audits.
- Promote and assist management in self-reporting control issues
- Respond to stakeholder needs quickly and efficiently, while building constructive relationships with Internal Audit peers and business partners
Must-have:
- Working towards a Bachelor or Master’s degree in Law, Finance, Business Administration, Economics, or other related field
- Strong personal skills and the ability to work effectively independently and within a team environment
- Professional written and verbal communication skills
- Good analytical, communication and problem solving skills
- Highly organized with good attention to detail and very high level of accuracy
- Ability to prioritize, handle multiple tasks under pressure and meet time-sensitive deadlines
- Ability to think critically and “outside the box”
Nice-to-have:
- Regulatory compliance management or risk function experience
- Proficient in the full suite of Microsoft Products, including Excel (including using Excel as a tool for financial analysis) Word and PowerPoint
- Previous experience working with a Financial Institution
- Knowledge of technology and data analytics
Please note:
In order to be eligible for these student positions, you must either:
- Be returning back to school after the work term end-date; or
- If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. At RBC, you will have opportunities to:
- Interact with leaders who support your development through coaching and managing
- Network and build lasting relationships with students from diverse backgrounds from across Canada
- Make a difference and lasting impact through meaningful work
- Work in a dynamic, collaborative, progressive, and high-performing team
Job Skills
Additional Job Details
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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.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Skills Required
- Working toward a Bachelor’s or Master’s degree in Law, Finance, Business Administration, Economics, or a related field
- Strong interpersonal skills and ability to work independently and within a team
- Professional written and verbal communication skills
- Good analytical, communication, and problem-solving skills
- Highly organized, detail-oriented, and accurate
- Ability to prioritize, manage multiple tasks under pressure, and meet deadlines
- Ability to think critically and creatively
- Regulatory compliance management or risk function experience
- Proficiency with Microsoft products, including Excel, Word, and PowerPoint
- Previous experience working with a financial institution
- Knowledge of technology and data analytics
RBC Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about RBC and has not been reviewed or approved by RBC.
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Healthcare Strength — Healthcare coverage is positioned as robust, including medical, dental, vision, life insurance, and disability coverage, with day-one eligibility in some U.S. roles. Mental-health support and virtual care offerings are also emphasized as meaningful parts of the package.
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Retirement Support — Retirement and savings support is described as a structured part of total rewards, including 401(k) matching in the U.S. and enhanced defined-contribution pension contributions in Canada. Additional savings vehicles and employer contributions are presented as adding material value beyond base salary.
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Parental & Family Support — Family-oriented benefits are highlighted through paid parental/caregiver leave in certain U.S. roles and expanded support for fertility, surrogacy, and adoption in Canada. Backup care and related family supports are also presented as strengthening overall benefits attractiveness.
RBC Insights
What We Do
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.
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