2025 Capital Markets, GRM Credit Risk Summer Analyst

ABOUT RBC CAPITAL MARKETS

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region.

We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks.

RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Operating since 1869, RBC is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

ABOUT GRM CREDIT RISK

The Group Risk Management (GRM) Credit Risk group provides independent and effective adjudication, monitoring, and control, and ensures the implementation and compliance with risk management policies and procedures. Our group is a dynamic team of individuals who value hard work, and have a constant need to improve and learn. The new hire will join as a junior member of the GRM teams that cover industries including Healthcare, Technology, Communication, Media, and Entertainment, and Aerospace & Defense in New York.

This is a ten-week internship at our New York offices located in The World Financial Center (Brookfield Place), 200 Vesey Street, New York, NY 10281.

Role Overview:

Working as an Intern in our Credit Risk group can mean everything from running financial models, monitoring and establishing borrower credit risk ratings, assisting in credit transaction approvals, and generating various risk reports for senior management. In addition, our intern will have the opportunity to participate in rewarding projects which will require a deep dive into specific industry, market, and credit risk concepts. Our Intern will need to have a strong combination of qualitative and quantitative skills to succeed. We value curiosity, adaptability, analytical thinking, and flexibility. We look forward to your contributions and new ideas to improve our processes. It is a hands-on experience and you will learn the day to day operations of Credit Risk. We want you to get of full view of the Credit Risk team and all the businesses we support.

Primary Responsibilities

* Review and recommend credit risk ratings for borrowers in various industries
* Assist in the credit transaction adjudication process, including conducting business and financial due diligence and running financial models
* Monitor client, industry, and market performance and trends
* Produce risk reports and/or client reviews for senior management
* Work with corporate banking, leveraged finance, and other business partners to ensure close cohesion on key risk issues

At the end of your internship, you will be asked to present a project to members of the senior management team

Qualifications:

• Undergraduate students in their penultimate year of study at an accredited four-year college or university
• Demonstrated interest in financial markets
• Self-driven, highly motivated and fast learning individual
• Proficient communication skills and ability to work well in teams
• Proficiency with Word, Excel, and PowerPoint. Programming proficiency is a plus but not required (VBA, Python, etc).

Key Relationships:

• Senior members of GRM Wholesale Credit Risk
• Business partners in Corporate Banking, Leveraged Finance, Investment Banking

The good-faith expected salary range for the above position is $95,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

We thank all applicants for their interest; however only those candidates selected for interviews will be contacted.

Additional Job Details

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

Inclusion and Equal Opportunity Employment