2026 Fall - GRM, Wholesale Credit Risk Intern (4 Months)
Toronto, Ontario, Canada
Internship
Hybrid
Intern
RBC is a leading bank that thrives on the challenge to be its best. They are seeking a Wholesale Credit Risk Intern to perform credit analysis on investment managers and assist with transaction flow, while providing support on special projects as needed.
Responsibilities
Perform credit analysis on investment managers and individual Fund borrowers; this includes reviewing Risk Assessment Framework (RAFs) which encompasses industry, business and financial risks
Assist with transaction flow by reviewing lending and/or trading transactions from various teams within Capital Markets as they proceed through the approval process
Assist in daily monitoring of borrower’s business and financial performance through monitoring of financial and industry information (conference calls, news releases, financial results, etc.), regulatory changes, third party analysis including rating agency publications, and other early warning signals
Conduct specific industry research and provide support on special projects as requested
Provide technical, analytical and project support for other functions carried out, particularly in the areas of process optimization and data management
Qualification
Required
Strong interpersonal skills, with outstanding written and verbal communication skills
Superior time management skills and attention to detail, with ability to perform well under pressure
Knowledge and an understanding of financial statement analysis
Experience with Excel, including using Excel and VBA/Macro as a tool for financial analysis and process optimization involving large data sets
Demonstrated research capabilities and an ability to apply an analytical approach
Be in the process of completing their MBA, or in 3rd or 4th year of an undergraduate program if the candidate has relevant experience
Preferred
Some knowledge of and interest in pursuing a career in Risk Management or Capital Markets
Some background or experience working with fund managers or funds would be an asset
Previous experience using online research tools such as Bloomberg or using S&P/Moody's/Fitch ratings
Steps towards attaining a CFA designation
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 building close relationships
RBC is committed to supporting flexible work arrangements when and where available
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
