Job Summary

Financial Resource Optimization (FRO) is responsible for management of capital resources in support of RBC’s key strategic objectives. FRO’s mandate includes measurement, monitoring and forecasting of risk-weighted assets, leverage, and capital metrics. FRO works jointly with Businesses, Strategy, and Group Risk Management and other groups in Finance to measure and deploy capital in support of RBC’s growth and financial objectives, and adherence to regulatory requirements.

As a Data Analyst, you’ll work in the FRO Data, Systems and Business Solutions team supporting the Product / Modeling team with both the existing infrastructure platform and the build-out of the bank’s next generation solution for Regulatory and Economic Capital Measurement and integration of data across Finance and Risk.

Job Description

You’ll support the Product team by contributing and leading…

Analytics & Metrics. You will help our team make data-driven decisions.

Conduct data analysis to determine data quality on various data feeds arriving in the infrastructure.Collaborate with team members to design and build ML/AI algorithms for improving data quality of the system.Use machine learning and other data mining techniques to get insights from massive datasets.Analyze business requirements or problems and work with subject matter experts to find innovative business solutions.Development of agile metrics to contribute to oversight of Software BAU (business as usual) team oversight, and increase agile maturity.Help derive metrics/tracking to ultimately improve our operating model, audit requirements and product delivery.

Root Cause Problem Solving. You will help improve key business processes.

Following the data and metrics extracted above, investigate a business process, interview people, analyze systems, document as appropriate, and figure out why something is not working.Communicate findings concisely and succinctly.Work with FRO team members to devise, weigh and implement solutions.

Technical Writing. You will help cultivate re-usability of Product Knowledge.

We’re migrating software platforms, and all of our operations and processes need to be re-documented and organized.You’ll help develop a program to preserve and organize this knowledge, and then execute on the strategy.You’ll help write and drive user adoption.

Special Projects.

We have a broad mandate within the team, and are always looking for ways to apply creativity and special skills as it helps us to improve our product and user experience.

What do you need to succeed?

Must-Have

*Currently enrolled at a Canadian post-secondary institution with a focus on STEM or Business.

*Excellent interpersonal and highly developed communication skills (verbal and written).

*Creative and analytical thinker who is self-driven and capable of working in a fast paced environment.

*Leadership acumen and a passion to apply it in a dynamic business environment.

*Experience analyzing and manipulating large data sets using SQL, Hive or other querying tools.

* Knowledge of Tableau or any other visualization software.

*Programming skills and knowledge of Python, R.

*Familiarity with statistical methods.

*Familiarity with data cleaning, data mining, data quality and machine learning.

*Experience applying an agile mindset.

Nice-to-have

Knowledge of and experience in capital and risk management

Expressed interest or previous experience in the financial industry or FinTech.

Experience with agile or design thinking methodologies or frameworks.

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?

In this role, you will have the opportunity to work in a dynamic, collaborative, progressive and high performing team making a difference and lasting impact. 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.  

You will get:

A unique co-op experience as part of an Innovation team with the chance to develop a career at RBC.

To be a part of a dynamic, collaborative, progressive and high-performing team.

To contribute to real projects that can make a difference and have a lasting impact at RBC.

Great opportunities to develop both your technical and business skills by working in a fast-paced environment and with many subject matter experts on both the business and IT sides.

Job Skills

Agile Methodology, Big Data, Business, Business Solutions, Communication, Data Analysis, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Microsoft Excel, Personal Development, Personal Initiative, SQL Database Queries, Tableau (Software), Teamwork

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-12-16

Application Deadline:

2025-01-18

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.