Job Summary

Job Description

What is the Opportunity?

Group Risk Management within RBC is on a journey to transform the way we work. We recognize that in order to maintain our position as a global leader in Risk Management, we need to evolve beyond our comfort zone and to unlock the full potential of our people. That’s where the US GRM Rotational Program comes in.

We’re offering a program that spans across four six-month rotations within US Group Risk Management which include Credit Risk, Liquidity Risk, Market Risk, Operational Risk, Counterparty Credit Risk and Enterprise Risk teams.   You will be given an opportunity to work in various fluid, highly skilled teams, helping us solve big problems and understand the opportunities and issues.  You will have access to world class experts in finance and risk management.  You will be immersed in a fast paced, forward-thinking environment in the US operations of Canada’s top financial institution with a 150+ year track record of success.  

What will you do?

The US GRM Rotational Program is unique in that you will get to rotate among several US Group Risk Management functions, working across multiple programs and disciplines that require very divergent skills. We’re looking for candidates that have a strong quantitative skillset, communicate well and are able to work through complex and ambiguous challenges. You need to be a self-driven and hyper engaged individual with unique skill sets that’s willing to learn finance and risk management from world class teams in a fast paced and challenging environment.

Your responsibilities may include:

Aid in the management/development of risk reporting processes and ensure the accuracy of key risk measuresWork with complicated financial models used in GRM’s stress testing processesParticipate in specialized strategic projectsCreate/maintain concise and well thought out reports for senior leadershipMonitor global economic and political events for new trends and developments and contributing to team analyses and publications.Foster an environment of engagement by participating in internal/external RBC or Group Risk Management events

What do you need to succeed?

Undergraduate or Graduate degree/combination of experience that demonstrates mastery of finance, math, computer science, financial engineering, modeling or complex problem solvingLeadership acumen and a passion to apply it in a dynamic business environmentCreative and analytical thinker who is self-driven and capable of working in a fast paced environmentPassion for finance, banking, and risk managementExcellent interpersonal and highly developed communication skills (verbal and written)Programming proficiency (VBA, MATLAB, Mathematica, SQL, Python, etc.)Working knowledge of Microsoft Office applications (Outlook, Excel, Word, PowerPoint)
 

What’s in it for you?

Exposure to challenging work and opportunities to be showcased to leadershipDevelop fundamental knowledge of risk management, and risk governanceGain a broad understanding of how the bank operates, including the role of our business segments and functional units, and how the bank may be exposed to emerging trends within the industryAccess to leaders who support your development through coaching and learning opportunitiesWork in a dynamic, collaborative, progressive and high performing teamAbility to make a difference and lasting impactA comprehensive Total Rewards Program including base salary, bonus and benefits

The good faith expected salary range for the above position is $95,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Drives RBC’s high performance cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value

Application Process:

Please submit your cover letter, resume, and academic transcripts. We thank all interested candidates; however, only those selected for an interview will be contacted.

About RBC

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

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Inclusion and Equal Opportunity Employment

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

Job Skills

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-09-23

Application Deadline:

2024-10-15

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.