2027 Corporate Treasury, Winter Risk Initiatives & Infrastructure, Intern (4 Months)

Job Description As an intern, you will support RBC Corporate Treasury's (CT) Risk Initiatives & Infrastructure (RII) team in developing, maintaining, and executing CT's Structural Interest Rate, Liquidity Risk, and Funds Transfer Pricing measurement processes and data infrastructure, with focus on retail and commercial banking portfolios. The RII team plays a lead role in existing processes and new initiatives, through effective and efficient technology solutions. It is a critical part of a larger integrated Corporate Treasury area responsible for interest rate risk methodologies and measurement, funds transfer pricing, and the associated infrastructure, which together enable a holistic view of the balance sheet and enhance RBC's understanding of product pricing and the relationship between profitability, funding, and interest rates. In this role, you will develop and implement the requisite risk measurement and data infrastructure and ensure execution of Corporate Treasury's production processes, while gaining first-hand experience with RBC's retail and commercial banking book balance sheet and interest rate risk, asset liability management, and funds transfer pricing practices. The right person for this role has system and data management experience, exposure to liquidity and interest rate risk, with an aptitude and affinity towards regulatory risk management in banking. What will you do? Partner with businesses to ensure product attributes are correctly captured in existing and new source systems, and that Corporate Treasury's infrastructure is appropriately configured to capture relevant data feeds. Partner with RBC IT staff to ensure execution of monthly, weekly, and daily production processes related to interest rate and retail liquidity risk measurement, and Funds Transfer Pricing. Work closely with treasury's analytics and funds transfer pricing teams to implement developed methodologies and maintain appropriate risk processes. Support new business initiatives and strategies through sourcing enriched, standardized, and consistent risk data to Corporate Treasury. Manage change control processes to ensure that Corporate Treasury systems remain up-to-date and in line with industry leading practices. Work with internal partners to develop and implement effective risk data governance and controls over Corporate Treasury's data and processes. As necessary, collaborate with Finance to ensure risk measurement and FTP systems are aligned with results reported by Finance. Interact with RBC technology, Finance, and business groups, as well as third-party vendors. What do you need to succeed? Must Have Currently enrolled in and/or studying in a relevant graduate degree (e.g., MBA, Quantitative Finance, data analytics, risk management, etc.). Systems, computer, and database skills, including MS Access / Excel, VBA, Python, Tableau and SQL. Demonstrated coordination skills, while fostering a positive, collaborative, and high-performing environment Excellent communication and presentation skills, with ability to communicate complex concepts in simple terms. Advanced data analytics, conceptual, analytical, and problem-solving skills. Proven business acumen and analytical thinker. Requires attention to details. Exceptional interpersonal skills; specifically able to act as change agent, facilitator and collaborator. Well-organized and detail oriented, with ability to manage multiple deliverables concurrently and meet deadlines in fast-paced production ("run-the-bank") and development ("build-the-bank") environments. Nice to Have Prior experience with interest rate risk and liquidity measurement and management practices and systems, in a large bank Appropriate system development, data management, and MIS experience, with an aptitude for and interest in the same, in a risk measurement context Understanding of banking book products and their features, with focus on retail and commercial banking product Exposure to Quantitative Risk Management (QRM) treasury risk system and infrastructure. CFA and / or FRM designations Knowledge of fixed income mathematics Understanding of accounting and finance concepts and systems Experience in analyzing, documenting, implementing, and executing business flows, processes, and related controls. Please note 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? Interact with leaders who support your development through coaching and managing Network and build lasting relationships with students from diverse backgrounds from across Canada Make a difference and lasting impact through meaningful work Work in a dynamic, collaborative, progressive, and high-performing team Job Skills Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative 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: 2026-09-25 Application Deadline: 2026-10-12 Note Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. #J-18808-Ljbffr Royal Bank of Canada