2025 Wealth Management, Summer Finance Analyst (4-16 months)

Job Summary

RBC Wealth Management is a part of Royal Bank of Canada (“RBC”), one of the largest providers of financial services in the world. RBC Wealth Management Canada is comprised of six complementary lines of business which are supported by over 250 wealth professionals through our RBC Family Office Services team. Together, we provide our clients an unmatched experience.

Job Description

Your application will be considered for roles across these business areas within RBC Wealth Management:

• RBC Dominion Securities
• RBC PH&N Investment Counsel
• RBC Royal Trust
• RBC Private Banking
• RBC Wealth Management Financial Services
• RBC Global Asset Management

What is the opportunity?

We are seeking a finance analyst to join the Wealth Management. Success in this role will require a highly organized, detail-oriented (accurate and thorough), excellent communicator who can effectively collaborate cross-teams, who is solutions-oriented and who thrives in a dynamic and changing environment.

What will you do?

• Develop and test investment models to assist new investment solutions development process
• Assist in maintaining and improving portfolio risk monitoring practices by enhancing the risk metrics available to the entire organization
• Assist with day-to-day oversight of the business and product management of the Portfolio Solutions across all distribution channels, create and circulate product related insights, competitive intelligence, market updates and additional value adding materials
• Participate in the investment policy statement development process for funds and segregated accounts
• Perform research and provide answers for customer generated inquiries.
• Document processes or upgrade existing procedure manuals.
• Support product initiatives by preparing ad-hoc reports and assisting in related projects
• Assist the team with market intelligence and source articles/content aligned with current market themes and fund sales opportunities
• Understand and follow the established processes, policies, and procedures for tax preparation and other accounts, ensuring efficient, effective, and seamless administration and quality client service is achieved
• Monitor team mailbox, respond to inquiries and report user statistics
• Compile data for monthly reports and other regular reporting as required

What do you need to succeed?

Must have:

• Excellent analytical and critical thinking skills, with high attention to detail.
• Good knowledge of regional and local financial markets, economic disciplines, and regulation
• Displays strong competencies in relationship management, collaboration, and time management
• Excellent written and oral communication skills
• Able to adapt to dynamic situations and can impact and influence outcomes
• Good understanding of the economy and capital markets
• An interest in investment management and desire to learn more about the industry
• Assist in analysis and preparation of client reporting/monitoring and other deliverables.
• Work with our CRM to capture key business development activities.
• Research, create and maintain presentation materials (charts, slides, data analysis, etc.).
• Tax software skills (Taxprep would be an asset)

Nice to have:

• Experience leading small projects or small/medium enhancements.
• Has successfully managed multiple small projects or initiatives simultaneously.
• Some experience working on projects with information technology components.
• Ability to collaborate with multiple stakeholders
• Passion and enthusiasm for learning about the inner workings of the economy and markets
• Strong writing skills, and the ability to capture meeting notes and key takeaways for distribution to the team.

Please note:

In order to be eligible for these student positions, you must either:

• 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?

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
• A world-class training program in financial service

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: WEALTH MANAGEMENT

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2024-12-13

Application Deadline: 2025-01-17

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

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 jobs.rbc.com