Credit Risk Analyst (Fall 2018 Co-op)
Royal Bank of Canada
Toronto, Ontario, Canada
45d ago

Looking to start your career in Financial Services? RBC fosters a positive learning environment for students by providing the support and resources to help strategize your career path.

Since we opened our doors in 1864, RBC has grown to become one of North America's leading diversified financial services companies.

Within RBC's enterprise lies RBC Global Functions which supports all businesses in achieving their growth objectives and increasing focus on client service and overall client satisfaction.

RBC's Global Functions currently has over 2,500 employees and encompasses the areas of : Human Resources, Group Risk Management, the Office of the CAO & CFO which includes Finance, Corporate Treasury, General Counsel, Technology and Operations as well as Enterprise Services which includes Procurement and Corporate Real Estate.

Do any of these areas interest you? If yes, then be sure to check out the Group Risk Management co-op opportunity below!

Position Background

  • Credit Risk Analysts will be placed with one of our industry focused teams. Teams within Group Risk Management - Credit have responsibility 1) for analyzing and rating companies to whom RBC extends credit;
  • and 2) for adjudicating lending transactions from Corporate Banking and Commercial Banking teams.

    Position Purpose

    As a Credit Risk Analyst, you will lend support in the following areas :

  • Perform credit analysis on individual borrowers in order to establish borrower risk ratings; includes preparing Risk Assessment Framework (RAFs) which encompasses industry, business and financial risks.
  • Aid industry team members in the preparation of peer group comparisons from both a business and financial perspective in support of the Risk Rating.
  • Develop and maintain financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing).
  • Complete research on behalf of the industry team with respect to industry developments, regulatory changes and other issues as requested.
  • Provide technical support to the industry team(s) in other functions carried out, particularly in the areas of financial modeling.

  • Assist with transaction flow by reviewing lending transactions from various teams within Capital Markets and Banking lending teams.
  • Assist in daily monitoring of borrower’s business and financial performance through monitoring of financial and industry information (conference calls, news releases, financial results, etc.
  • regulatory changes, third party analysis including rating agency publications, and other early warning signals.

  • Provide support on special projects relating to a variety of internal issues (as required).
  • Key Accountabilities

  • Contributing to an industry team
  • Students will substantiate borrower risk ratings through both quantitative and qualitative research and analysis.
  • Students will support transactions as they proceed through the approval process.
  • Students will work with managers and senior managers to provide other analytical / project support as required.
  • Knowledge and Experience

    The role requires a candidate that :

  • has strong verbal & written communication skills;
  • has knowledge and an understanding of financial statement analysis;
  • is highly experienced with Excel, including using Excel as a tool for financial analysis and has a good understanding of financial modeling; and
  • has demonstrated research abilities.
  • The ideal candidate will also :

  • be in the process of completing their MBA, or in 3rd or 4th year of an undergraduate program if the candidate has relevant experience;
  • have previous experience working with a Financial Institution, preferably in lending or credit;
  • have taken steps towards attaining a CFA designation;
  • have some knowledge of and interest in pursuing a career in Risk Management;
  • have passed the Canadian Securities Course; and
  • have previous experience using online research tools such as Bloomberg, KMV, or using S&P / Moody’s / Fitch ratings.
  • Students are requested to submit a current résumé, transcript, and cover letter outlining their interest in this specific co-op opportunity.

    We thank all interested candidates; however, we will only contact those being considered for an interview.

    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 employ approximately 78,000 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 39 other countries. For more information, please visit .

    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.

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