2025 Wealth Management, Summer Business Analyst (4-16 months)

RBC Wealth Management is a part of Royal Bank of Canada (“RBC”), one of the largest providers of financial services in the world. RBC Wealth Management Canada is comprised of six complementary lines of business which are supported by over 250 wealth professionals through our RBC Family Office Services team. Together, we provide our clients an unmatched experience.

Your application will be considered for roles across these business areas within RBC Wealth Management:

RBC Dominion Securities

RBC PH&N Investment Counsel

RBC Royal Trust

RBC Private Banking

RBC Wealth Management Financial Services

RBC Global Asset Management

What is the opportunity?

We are seeking a Business Analyst (co-op student/intern) to join the RBC Wealth Management Team. Success in this role will require a highly organized, detail-oriented (accurate and thorough), excellent communicator who can effectively collaborate cross-teams, who is solutions-oriented and who thrives in a dynamic and changing environment.

What will you do?

• Developing documents for IT applications, system specifications and test plans, according to existing standards and methodologies

• Translating business needs, processes and procedures into a workable system, and articulating on specific software requirements by communicating about these requirements with technology experts and business stakeholders

• Working closely with business architects and other technology staff to deliver project results while implementing risk analysis and meeting required deliverable

• Develop UAT strategy, document test cases and execute testing. Support business clients with post implementation verification.

• Perform in-depth data analysis, examination, and reconciliation to flag discrepancies, start upstream inquiries, and prepare respective summaries

• Complete due diligence on existing and prospect clients to fully understand a client’s source of wealth, and identify red flags to determine if a client is within or outside of our risk appetite

• Support with status updates, planning and reporting to senior management, project owners and other stakeholders

• Assist in management of projects and initiatives for multiple stakeholders

• Facilitate meetings with stakeholders and other key parties, as required

• Assist with communication with, data collection from, and relationship management of stakeholder(s)

• Assist in the automation of KRI data collection by collaborating with data owners to streamline the process

What do you need to succeed?

Must have:

• Expert experience with SQL, C#, Java, NodeJS, Python, and Microsoft technologies can be beneficial (school project experience counts)

• Excellent analytical and critical thinking skills, with high attention to detail

• Displays strong competencies in relationship management, collaboration, and time management

• Excellent written and oral communication skills

• Interest in operational risk management and regulatory compliance within the financial services industry

• Able to adapt to dynamic situations and can impact and influence outcomes

Nice to have:

• Experience leading small projects or small/medium enhancements.

• Has successfully managed multiple small projects or initiatives simultaneously.

• Some experience working on projects with information technology components.

• Ability to collaborate with multiple stakeholders.

Please note:

In order to be eligible for these student positions, you must either:

• Be returning back to school after the work term end-date; or

• If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully

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

• A world-class training program in financial service

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

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeWEALTH MANAGEMENTStudent/Coop (Fixed Term)Salaried2024-12-132025-01-17

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

Inclusion and Equal Opportunity Employment