2023 Summer Student - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
2023 Summer Student - Personal & Commercial Banking - Analyst (4 months)

What is the opportunity?

In this role, you will be part of the Corporate Client Group - Finance (CCGF) team which acts as mid-market Corporate Banking for RBC's Canadian Banking business unit and plays a key role in the realization of CCG objectives through the structuring, delivery and management of the bank debt of a targeted customer base.

We target loan origination in the Canadian mid-market, including large Canadian subsidiaries of foreign multinationals, private and small cap public Canadian companies.

We are also 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.

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.
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's credit submissions, including research, analysis, financial modelling and due diligence as part of transaction processes.
Assist with loan portfolio management, client strategies and related administrative duties.
Liaise with back office functions connected to, for example, closing and funding, wires, payments, settlements, etc.
There may be opportunities to assist with projects / initiatives the team is working on to create efficiencies in workflow.

What do you need to succeed?

Must-have

Pursuing an undergraduate degree in business, economics, accounting, or finance.
Strong quantitative and analytical skills with an ability to analyze company financial statements and working knowledge of building financial models.
Strong skills with Excel, Word, PowerPoint and the ability to source data/research.
Professional oral and written communication skills.
Ability to research a particular business or industry
Well organized and able to set priorities and devote appropriate attention to each assignment resulting in performing well under pressure, meeting time sensitive deadlines, prioritizing work and being able to work on multiple projects.

Nice-to-have

Work experience in corporate lending or corporate finance or at an accounting firm in audit or advisory function
Knowledge of building a business case
Experience/Interest in preparing marketing materials

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 highperforming team.
Opportunities to do challenging work and make a difference.
Opportunities to build close relationships.

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.

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Personal and Commercial Banking

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

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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