2024 CFO - Fall Financial Analyst Co-op (4 Months)

Job SummaryProvidessupport for financial planning and budgeting processes. Applies complete knowledge, skills, and practices to perform assignments.Job DescriptionFinancial Analyst (Co-op), Capital Markets Performance ManagementWhat is the opportunity?An exciting opportunity where you will play an integral role in the financial and management reporting for Capital Markets (CM) to ensure accuracy and timeliness of reporting to key stakeholders. Working closely with the CM 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 generates over $9 Billion of revenue per year (or over $30 Million of revenue per day). The nature and size of the business require high frequency, accurate and relevant Profit and Loss and Balance Sheet reporting and analysis.What will you do?Develop Profit and Loss and Balance Sheet analyses (forward looking and historical) through insightful and value-added commentary using macro and micro level datasetsAssist with developing daily and weekly market commentary and compilation of key external and internal performance metrics for analytical purposesDevelop, in conjunction with the Manager/Associate Director/Director, ad hoc analytical tools and initiatives, including automation of key processes and reporting mechanismsBe involved throughout month end and quarter end P&L close process, completing key analysis and reconciliations including liaising with key finance personnel globallyAssist with Daily Financial Reporting process, ensuring accurate and timely daily results and commentary are provided to Senior Management, including reconciliations and investigations to provide support for resultsParticipate in the production of various performance management packages for executive audiences including peer benchmarking analysisWhat do you need to succeed?Must-haveExperience in PowerPoint presentation and/or presentation toolsExcellent verbal and written communication skillsStrong analytical skills and ability to employ techniques in Microsoft ExcelMotivated individual who can work under pressure in a high pressure, high reward environmentOrganizational skills and ability to prioritize activitiesInterest 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.Opportunities to do challenging workOpportunities to take on progressively greater accountabilitiesOpportunities to building close relationships with counterparts across the BankWe 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 26th May 2024. 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.ET24Job SkillsAccounting, Decision Making, Financial Analysis and Reporting, Financial Planning and Analysis (FP&A), Results-OrientedAdditional 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.