2024 Wealth Management, Winter Operational Risk Analyst - Toronto

apartmentRoyal Bank of Canada placeToronto calendar_month 

Job Summary

You will be supporting RBC Wealth Management Canada and RBC Global Asset Management (GAM) Operational Risk management programs. You will be assisting the team in providing expertise, advice and counsel to management and WM Canada and GAM colleagues, enhancing their ability to anticipate and manage operational risks effectively.

This position is designed to introduce and develop your understanding of operational risks, control assessment, and regulatory compliance within RBC. You will contribute to the team’s efforts in driving innovation across Wealth Management through automation and leverage of data driven assessments.

Job Description

What will you do?
  • Analyze operational risk data to identify discrepancies or issues, propose strategies for improved senior management reporting and risk oversight.
  • Assist in the preparation of data driven risk assessments contributing to informed decision-making of the Business Senior leadership.
  • Support the performance of control assessments and help drive innovation in control design and control testing methods, working with control owners to leverage automation and data to modernize controls testing.
  • Develop expertise in products or services and competence in tools and business processes used in the day-to-day activities of the team (e.g. Archer, Tableau, MetricStream).

What do you need to succeed?

Must-have
  • Currently enrolled in a University Degree program with a focus on Business, Accounting, Finance or a related field.
  • Strong problem solving, analytical (including qualitative and quantitative analysis) and research skills are essential.
  • Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word) as well as the ability to learn new software and systems.
  • Excellent communication skills and the ability to work effectively in a team environment.
  • Interest in operational risk management and regulatory compliance within the financial services industry.
Nice-to-have
  • Previous internship or co-op experience in a related field
  • Knowledge of Data Analytics

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.
  • Opportunities to build close relationships.

Job Skills

Analytical Thinking, Communication, Computer Literacy, Data Analysis, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Microsoft Excel, Microsoft Office, Personal Development, Personal Initiative, Problem Solving

Additional Job Details

Address:

180 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

  1. 5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-09-23

Application Deadline:

2024-10-07

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.

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.

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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.

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