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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.
2023 Summer Student, CFO - Financial Analyst Co-op
Financial Analyst (Co-op), Capital Markets Performance Management
What is the opportunity?
An exciting opportunity where you will play an integral role in the financial and management reporting for Capital Markets (CM) to ensure accuracy and timeliness of reporting to key stakeholders. Working closely with the CM performance management teams, you will also be assisting with developing forward looking and historical analysis for key business stakeholders, as well as producing analytical tools and initiatives to measure business performance.
Capital Markets generates over $9 Billion of revenue per year (or over $30 Million of revenue per day). The nature and size of the business require high frequency, accurate and relevant Profit and Loss and Balance Sheet reporting and analysis.
What will you do?
Develop Profit and Loss and Balance Sheet analyses (forward looking and historical) through insightful and value-added commentary using macro and micro level datasets
Assist with developing daily and weekly market commentary and compilation of key external and internal performance metrics for analytical purposes
Develop, in conjunction with the Manager/Associate Director/Director, ad hoc analytical tools and initiatives, including automation of key processes and reporting mechanisms
Be involved throughout month end and quarter end P&L close process, completing key analysis and reconciliations including liaising with key finance personnel globally
Assist with Daily Financial Reporting process, ensuring accurate and timely daily results and commentary are provided to Senior Management, including reconciliations and investigations to provide support for results
Participate in the production of various performance management packages for executive audiences including peer benchmarking analysis
What do you need to succeed?
Experience in PowerPoint presentation and/or presentation tools
Excellent verbal and written communication skills
Strong analytical skills and ability to employ techniques in Microsoft Excel
Motivated individual who can work under pressure in a high pressure, high reward environment
Organizational skills and ability to prioritize activities
Interest in obtaining a CPA or CFA
Exposure to Capital Markets products and businesses
Experience in an accounting/finance and reporting environment
Knowledge and experience using analytical tools and managing large datasets
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.
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Opportunities to building close relationships with counterparts across the Bank
We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is 15th 2023. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.
RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.
Provides support for financial planning and budgeting processes. Applies complete knowledge, skills, and practices to perform assignments.
TORONTO, Ontario, Canada
Office of the CFO
Student/Coop (Fixed Term)
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.
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 rbc.com/careers.