2027 Winter - GRM, Counterparty Credit Risk Intern (4 Months)

What is the opportunity?

Reporting to the Director, Counterparty Credit Risk - Portfolio Analysis (CCRPA) group, the incumbent will support Counterparty Credit Risk portfolio analytics and reporting, with a focus on derivatives.

What will you do?

• Participate in risk reporting processes and ad-hoc projects to investigate trends or counterparties of interest.
• Assist in the development of CCR’s data visualization tool which is used for reporting and analysis.

What do you need to succeed?

Must-have

• Knowledge of market risk, derivative credit risk, including: Value-at-Risk measurement and back-testing, stress testing and scenario analysis, sensitivity analysis, potential future exposure calculation
• Self-motivated individual with a high level of analytical capabilities and attention to detail
• Knowledge of markets and products including equity, bond, structured products as well as current and upcoming regulatory/compliance requirements
• Excellent written and oral communication skills
• Excellent team player with strong interpersonal skills
• Ability to work under pressure and against tight deadlines
• Good command of Excel, VBA programming and SQL
• Self-starter with excellent communication skills

Nice-to-have

• Progress towards an MBA, MA, MS or equivalent with emphasis in finance, economics, or a quantitative discipline is preferred
• Experience with object-oriented programming with Python and PySpark; Experience with building dashboards using Plotly and Dash in Python.
• Hands on experience with system configuration and DevOps tools (Jira, Git, GitHub and Confluence)

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.

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

Please note: This posting is for a 4-months Winter 2027 Student placement with a start date of January 2027, and end date of April 2027. In order to be eligible for this 4-months Student position, you must either:

• Be returning back to school after the work term end-date of April 2027 ; or
• If you are not returning back to school (i.e. are graduating in April 2027), you must require the full 4-months work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.

We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 20, 2026. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.

RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

ET27

Additional Job Details

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.

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.