2024 CFO - Fall Financial Analyst (Co-op), Capital Markets Balance Sheet Advisory (4 Months)

Job SummaryAn exciting opportunity where you will play an integral role in the management reporting for Capital Markets (CM) financial resources to ensure accuracy and timeliness of reporting to key stakeholders. Working closely with the CM and TS performance management teams, you will also be assisting with developing forward looking and historical analysis for key business stakeholders, as well as producing analytical tools and initiatives to measure business performance. Capital Markets and Treasury Services (collectively known as the Wholesale businesses) on a combined basis generates over $9 Billion of revenue per year (or over $30 Million of revenue per day). The nature and size of the Wholesale businesses require high frequency, accurate and relevant Profit and Loss and Balance Sheet reporting and analysis.Job DescriptionWhat will you do?Support business stakeholders in understanding financial resource reporting while pursuing data enhancements to streamline processes and improve calculation efficacy across model reporting.Support the implementation of an enhanced financial resources reporting model and process.Support the development of balance sheet analytical expertise and forward looking analytical support as well as planning and forecasting of Capital Markets Balance Sheet, including RWA, leverage exposure and liquidity.Develop Balance Sheet analysis (forward looking and historical) through insightful and value-added commentary using macro and micro level datasets.Develop, in conjunction with the Manager/Associate Director/Director, ad hoc analytical tools and initiatives, including automation of key processes and reporting mechanisms.Be instrumental in advancing analytic capabilities that are used to support advisory functions to the Capital Market's senior management team across Finance and the Front Office, by aiding in the development and advancement of financial models and data inventories/dashboards.What do you need to succeed?Must-haveExcellent verbal and written communication skillsAbility to convert financial data and knowledge into clear and concise messaging with actionable advice for business partnersMotivated individual who can work under pressure and demonstrate multi-tasking skillOrganization skills and ability to prioritize activitiesUser proficiency with computer applications, such as Microsoft Word, Excel and PowerPoint, spreadsheet/financial accounting skills, and any other related accounting softwareInterest in obtaining a CPA or CFANice-to-haveExposure to Capital Markets products and businessesExperience in an accounting/finance and reporting environmentKnowledge and experience using analytical tools and managing large datasetsWhats 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 opportunitiesAbility to make a difference and lasting impactOpportunities to do challenging workOpportunities to take on progressively greater accountabilitiesOpportunities to building close relationships with counterparts across the bankET24Job SkillsCommunication, Financial Analysis and Reporting, Financial Modeling, Performance Management (PM)Additional Job DetailsAddress:ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Office of the CFOJob Type:Student/Coop (Fixed Term)Pay Type:SalariedPosted Date:2024-04-26Application Deadline:2024-05-26Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay 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.