2024 CFO – Fall, Cards, Payments and Transformation Finance Co-op (4 Months)

Job SummaryWhat is the opportunity?As a Financial Analyst with Personal & Commercial Banking (P&CB) Performance Management you will work directly with the Credit Cards and Loyalty Finance teams on financial reports and ad-hoc analysis on business activities through the use of Excel, PowerPoint and other database tools. These initiatives will provide value-added insights, and help driving efficiencies and profitability for our business teams. You will also work with our partners to learn about financial services industry, RBCs Loyalty and Rewards business, and how to incorporate business strategy with financial analysis to provide financial advisory support. We are looking for a highly motivated individual with an analytical mindset, and a willingness to learn about the RBCs Retail Banking business.Job DescriptionWhat will you do?Work independently and provide support to Loyalty & Rewards performance management team, including but not limited to analyses on business drivers, product profitability, monthly and quarterly reporting process, and ad-hoc requests from business partnersUnderstand, dissect and analyze credit card products profitability. Improve product reports by incorporating business understanding and financial insightsUnderstand and learn the basics of Loyalty & Rewards product economics and accounting treatments in order to provide in-depth analysis on various business performance drivers; monitor and track detailed product level performance drivers on a monthly basisWhat do you need to succeed?Must-havePursuit of a degree in Finance/ Accounting/ Business Administration with strong data analysis backgroundSolid analytical and problem-solving skillsSelf-motivated and independent worker with a solutions driven mind-setIntermediate/Advanced knowledge of Excel and database softwareInterest in the financial services industryNice-to-haveKnowledge or experience in Finance and Accounting and/or Retail Banking industry and banking productsWhats 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.Work with leaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamET24Job SkillsCommunication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Taking InitiativeAdditional Job DetailsAddress:RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Office of the CFOJob Type:Student/Coop (Fixed Term)Pay Type:SalariedPosted Date:2024-04-28Application Deadline:2024-05-28Inclusion 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.