Summer 2025 - GRM, Environmental & Social Risk Analyst Intern (8 Months)

As a Risk Analyst within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes.

This role will provide you with the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team. In this capacity you will support E&S risk integration, undertake data analysis, assist with regulatory compliance and disclosure, improve E&S risk assessment processes and provide support to advance RBCs capabilities in the measurement of climate risk and delivery of climate risk insights across the enterprise.

What is the opportunity?

As a Risk Analyst within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes.

This role will provide you with the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team. In this capacity you will support E&S risk integration, undertake data analysis, assist with regulatory compliance and disclosure, improve E&S risk assessment processes and provide support to advance RBCs capabilities in the measurement of climate risk and delivery of climate risk insights across the enterprise.

What will you do?

• Work as part of the broader E&S Risk team to align and coordinate measurement, management and monitoring of E&S Risk across environmental, climate, physical, and social risk topics.
• Assist in the implementation of RBCs E&S risk policies and procedures, and as part of a team, work to keep RBC informed of emerging E&S issues that could lead to, for e.g., reputational, legal or credit risk materializing including the research of ESG / climate regulations and requirements.
• Conduct analysis on large datasets to determine and communicate insights to key stakeholders.
• Support internal and external climate data disclosures (e.g. RBC Annual Report, ESG Performance Report, Climate Report, industry disclosures, shareholder requests, rating agency data requests, etc.) including in respect of carbon-related assets, financed emissions and scenario analysis.
• Conduct independent research on ESG risk related topics to be used to inform our ESG risk heatmap and understanding of the ESG risk profile.
• Develop E&S Risk educational material and coordinate the sharing of that information internally by arranging presentations and training sessions.

What do you need to succeed?

Must-have

• Must be currently pursuing a relevant degree in Science, Math, Statistics/Actuarial Sciences, Computer Science, Engineering, Environmental, Economics or other quantitative discipline (College, Undergrad, Master's or PhD).
• Experience developing presentations, visualizations and dashboards (e.g. PowerPoint, Tableau) and an interest in developing your analytical capabilities.
• A passion for learning, an inquisitive mindset, and a self-starter.
• Excellent written and verbal communication skills.
• Open to multi-tasking and pivoting between tasks as we work under tight timelines and wear multiple hats.
• Experience analyzing and manipulating large data sets using various querying tools with the ability to transform business goals into requirements.
• Commitment to quality and accuracy with a high level of attention to detail.

Nice-to-have

• Knowledge of and experience of climate risk including climate change science, development and use of climate change scenarios, models, projections, and data.
• Demonstrated ability in mathematical, statistical, financial, or economic analyses on large, complex datasets and in translating data into business insights.
• Understanding of banking and commercial lending and/or risk management in the financial industry
• Experience working with a diverse range of stakeholders

Whats 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 high-performing team
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

Please note:This posting is for a 8-month Summer 2025 Student placement with a start date of May 2025, and end date of December 2025. In order to be eligible for this 8-months Student position, you must either:

• Be returning back to school after the work term end-date of December 2025 ; or
• If you are not returning back to school (i.e. are graduating in December 2025), you must require the full 8-months work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying- candidates who apply but are found to be ineligible are not able to be considered.

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 January 27, 2025. 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 arrangementsfor this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

ET25

Banking, Banking Industry, Business Risks, Climate Policy, Communication, Computer Literacy, Data Analytics, Data Delivery, Detail-Oriented, Interpersonal Relationships, Large Group Presentations, Listening Effectively, Personal Initiative, Regulatory Compliance, Researching, Risk Management, Social Responsibility, Statistics, Sustainability

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTStudent/Coop (Fixed Term)Salaried2025-01-202025-01-28

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

Inclusion and Equal Opportunity Employment