Internship Opportunity

OPEN INTERNSHIPS

Data Analyst

Organization:
RBC
Industry:
Finance
Number of Positions:
1
Open To:
PWD
Application Deadline:
Mar 29, 2019
Start Date:
May 01, 2019
End Date:
Sep 06, 2019
Division:
Location:
Toronto,ON

Job Description:

GRM Data Analyst

 

PURPOSE

This position will ensure data integrity for Risk Reporting within the Business Portfolio team to facilitate accuracy in the reporting and analytics produced by the GRM Data Analytics team and the GRM Risk Oversight team.

  • Stakeholder with executives from Business Financial Services (BFS) and Group Risk Management (GRM) to provide deep understanding of the risk data landscape combined with business knowledge of the commercial financial services market.

  • Proactively seek out and identify potential reporting gaps, new sources of data, anticipate change, formulate and recommend solutions and gain the support of business executives to ensure effective implementation. 

     

    PRIMARY RESPONSIBILITIES

  • Oversee the development, implementation, and monitoring of Business Financial Services key risk metrics, focusing on safety and soundness of data integrity.

  • Provide ad-hoc analysis. Document and present results.

  • Present solutions for data accuracy to committees including senior executives where identified issues are reviewed and recommendations made.

  • Build tools to calculate, replicate and scour data.  Coordinate back-test data accuracy and determine if the rules are working properly.  Compare output of the tools to system input to find data inconsistencies. 

  • Provide clear, concise and insightful reporting to senior management on findings of exceptions in reporting and proposed solutions to address the issues from an end-to-end perspective

  • Balance risk vs. reward, spotting vulnerabilities and opportunities in the portfolio using a data driven approach

     

     

    JOB SPECIFICATIONS

    Required:

  • Knowledge of RBC's Risk (and in some instances, Finance) processes, risk systems infrastructure and data architecture.

  • Familiarity with data quality measurement, monitoring and reporting tools

  • Proven experience as an Analyst (in Business line, Risk and/or Finance functions)

  • Proven experience working in initiatives/ projects within a mid/large scale program organization to deliver outcomes within tight time and cost constraints

  • Independent work: Skills to understand assigned work-step and then independently execute towards completion with minimal supervision

  • Project discipline: Ability to execute assigned work-steps, forecast roadblocks and escalate issues as appropriate to initiative lead

  • Problem solving: Creative thinking to support the development of creative solutions

  • Communication: Exceptionally strong written and oral communications skills to explain complex concepts, influence and build consensus

  • Networking: Ability to build and utilize internal networks to further initiative work steps

     

    Preferred:

  • Completion of an undergraduate program with emphasis on a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, Economics, etc.) is preferred.

  • At least 1 year of experience in a quantitative role, with preference for candidates with experience working in a financial institution

  • Good interpersonal, investigative, and problem solving skills (i.e. Creative thinking to support the development of creative solutions). Proven experience working in initiatives/ projects within a mid/large scale program organization to deliver outcomes within tight time and cost constraints.

     

    Nice-to-have

  • Some experience working in a credit or market risk function, or as an Analyst or Manager (in Business line, Risk and/or Finance functions) is preferred.

  • Independent work: Skills to understand assigned work-step and then independently execute towards completion with minimal supervision.

  • Knowledge of SQL, Tableau, or OBI is a plus

     

     

    KEY RELATIONSHIPS

  • Senior Management and Executives in Group Risk Management, Business Financial Services, Information Technology, Risk Operations, Internal Audit and Finance.

  • The candidate will be provided the opportunity to work closely with the BFS Quality Assurance team where they will assist with quality assurance activities of the Commercial Portfolio. 

     

    WORKING CONDITIONS

  • High workload and stress due to highly competitive and fast paced lending business

  • Significant time spent on developing and testing analytical processes and methodologies

  • Analytical work requires significant attention to detail and use of advanced quantitative techniques.

  • Working with large and complex databases.

     

    TIME ALLOCATION

  • 50% Analytics

  • 30% Reporting

  • 15% Research and Development

  • 5% Relationship Management

     

    About RBC
    Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

     

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    Inclusion and Equal Opportunity Employment
    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.

    PRE-SCREENING QUESTIONS:

    Are you legally entitled to work in Canada for the duration of the internship?

           

    Do you require any type of accommodations during the recruitment process (over the phone or face to face)?

    *Remember to follow the instructions after submitting an application to Career Edge portal.  You will be directed to RBC Career Website to submit an application again in order to be considered for this role. 

    Please keep your name consistent on both application tracking systems.  Thank you

Employer Question 1:

Are you legally eligible to work in Canada for the entire duration of this internship?

Employer Question 2:

Do you require any accommodations for the interviewing and recruitment process?

Employer Question 3:

No question - Applicants, please type N/A in the text box below when submitting your application.