2025 Summer Student - Finance, Analyst (4 months)

December 24 2024
Industries Bank, Insurance, Financial services
Categories Accounting, Finance,
Toronto, ON • Full time

Job Summary

Participates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.

Job Description

Please note: This posting is for a 4-month Student Summer 2025 placement with a start date of May 2025 and end-date of August 2025.

In order to be eligible for this 4-month Student position, you must either:

  • Be returning back to school after the work term end-date of August 2025; or
  • If you are not returning back to school (i.e. are graduating in April/August 2025), but you require the 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.

What is the opportunity?

Corporate Client Group - Finance (CCGF) acts as mid-market Corporate Banking for RBC's Canadian Banking business unit and plays a key role in the realization of Corporate Client Group (CCG) objectives through the structuring, delivery and management of the bank debt of a targeted customer base. The CCG team targets loan origination in the Canadian mid-market, including large Canadian subsidiaries of foreign multinationals, private and small cap public Canadian companies. CCG is responsible for meeting annually established targets for loan derived revenues and returns and providing advice to our partners on optimizing the use of lending in connection with broader RBC relationship goals.

Initiative and responsibility are key attributes, along with credit analysis, researching, analyzing, and preparing materials that support the deal structuring, client and internal presentation, and internal risk approval processes of the CCGF team. Flexibility and enthusiasm are needed to help support and run with various initiatives and projects in other CCG markets across Canada.

What will you do?

  • Part of a national team of CCGF underwriters committed to the delivery of quality credit products to RBC clients and targets.
  • Support CCG bankers to structure, deliver, close, and monitor syndicated and bi-lateral loan transactions
  • Assist with preparation of marketing pitches to existing and potential clients for corporate loans (acquisition loans, bridge loans, term loans, revolving credit facilities).
  • Support CCGF team credit submissions, including research, analysis, financial modelling and due diligence as part of transaction processes. The role will allow candidates to use and develop complex financial modelling skills, credit structuring and documentation skills that are all critical elements of corporate and commercial lending.
  • Support CCGF team with transaction documentation and coordination with clients and legal counsel
  • Assist with loan portfolio management, client strategies and related administrative duties
  • Engage with RBC partners and functions including Group Risk Management, Private Banking, Wealth Management, Capital Markets, Treasury Management, Specialized Financing (Asset Based Lending, Leasing, Trade Finance etc.), Personal Banking, and others
  • Liaise with back office functions connected to, for example, closing and funding, wires, payments, settlements, etc.

What do you need to succeed?

  • Pursuing an Undergraduate degree in Business, Economics, Accounting, or Finance
  • Strong quantitative, financial modeling, and analytical skills with an ability to analyze company financial statements
  • Basic knowledge of credit, credit metrics, and credit structuring
  • Strong skills with Excel, Word, PowerPoint and the ability to source data/research
  • Professional oral and written communication skills are an absolute must
  • High level of attention to detail in both written and financial work
  • Ability to perform well under pressure, meet time sensitive deadlines, prioritize work and multi-task responsibilities while working on multiple projects
  • Well organized and able to set priorities and devote appropriate attention to each assignment

What's 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 opportunities.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunities to do challenging work and make a difference.
  • Opportunities to build close relationships.

Job Skills

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-12-24

Application Deadline:

2025-01-07

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.
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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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