2024 Fall - GRM, Personal Lending PM&CS Intern (4 Months)

Participates in and supports the management of the Personal Lending portfolio health through strategy reviews / report-backs and increases portfolio profitability through strategy re-designs.

This role gives the incumbent the opportunity to build on the following skills and attributes: cross-functional mindset, understanding of consumer behaviour and RBC risk appetite, adaptability to the dynamic credit environment, and insight-generation through in-depth portfolio analytics.

What is the opportunity?

In this role, the candidate participates in and supports the management of the Personal Lending portfolio health through strategy reviews / report-backs and increases portfolio profitability through strategy re-designs. This role gives the incumbent the opportunity to build on the following skills and attributes: cross-functional mindset, understanding of consumer behaviour and RBC risk appetite, adaptability to the dynamic credit environment, and insight-generation through in-depth portfolio analytics.

What will you do?

• Enhance portfolio insight and management decision-making through the use of leading edge methodologies and tools to measure the current health of the portfolio and to discover opportunities, trends, and anomalies.
• Provide concise and insightful analytical support to matters relating to acquisitions and account management of personal lending products.
• Support credit strategy development and the monitoring of strategy outcomes. The incumbent will need to recognize credit trends, determine strategy effectiveness, and provide recommendations for further enhancements.

What do you need to succeed?

Must Have

• Currently enrolled in a post-secondary institution in a quantitative field of study (e.g., statistics, economics, business, computer science, math)
• Experience with data manipulation and analytics packages such as SAS, Teradata, Tableau, Python etc.
• Analytical and problem solving skills including understanding of credit risk fundamentals and financial modelling

Nice-to-have

• Experience developing risk, pricing and/or profitability models
• Strong interpersonal, communication and presentation skills, with the ability to articulate a compelling business case to senior management

Whats 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.

• Network and build lasting relationships with students from diverse backgrounds from across Canada
• Participate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balance
• Leaders who support your development through coaching and learning opportunities
• Work in a dynamic, collaborative, progressive and highly performing team
• Ability to make a difference and lasting impact
• Enjoy a comfortable work environment with the option to dress casually

Please note:This posting is for a 4-months Fall 2024 Student placement with a start date of September 2024, and end date of December 2024. In order to be eligible for this 4-months Student position, you must either:

• Be returning back to school after the work term end-date of December 2024 ; or
• If you are not returning back to school (i.e. are graduating in December 2024), you must require the full 4-months work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying- candidates who apply but are found to be ineligible are not able to be considered.

We 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 June 3, 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 arrangementsfor this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

ET24

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Taking Initiative

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTStudent/Coop (Fixed Term)Salaried2024-05-132024-06-03

Inclusion and Equal Opportunity Employment