2026 Wealth Management, Summer Business Analyst (4-16 months) at Royal Bank of Canada

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

14 Mar, 26

Salary

0.0

Posted On

14 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Critical Thinking, Attention To Detail, Relationship Management, Collaboration, Time Management, Written Communication, Oral Communication, Problem-Solving, Operational Risk Management, Regulatory Compliance, Data Analysis, Project Management, Change Management, Interpersonal Skills, Technical Skills

Industry

Financial Services

Description

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 summer interns across several Business Analyst roles (including but not limited to the following: Risk Management, Strategy and Product, Trade Operations, Operations Analyst, etc.) to join the RBC Wealth Management Team. 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. The ideal candidates will demonstrate initiative, excellent time management skills, and a proactive approach to problem-solving. What will you do? Developing documents for IT applications, system specifications and test plans, according to existing standards and methodologies Translate business needs, processes and procedures into a workable approach, articulating on specific needs or requirements by helping develop materials to drive alignment with various stakeholders You will contribute to business development, operational & process efficiency, policy reviews, create and provide analytical insights and assist with change management and internal controls Work closely with internal departments such as Portfolio Management, Compliance, and IT, as well as external parties such as brokers, custodians, and clearing agents Use in-house applications to process trades and monitor settlement workflows. Leverage tools such as Eagle, Charles River, Bloomberg, and Excel for data analysis and reporting Working closely with business architects and other technology staff to deliver project results while implementing risk analysis and meeting required deliverable Support targeted ad hoc reviews through planning, execution, reporting, and analysis of high-risk issues, focusing on risks and root causes Assisting with the design and execution of regulatory programs, which include risk and control identification/assessment, change management, and operational risk reviews Work closely with teams to ensure materials are prepared and up to date for project updates, team presentations, etc. Help benchmark ideas against various competitors in the market, understanding trends that are driving consumer preferences Perform in-depth data analysis, examination, and reconciliation to flag discrepancies, start upstream inquiries, and prepare respective summaries Complete due diligence on existing and prospect clients to fully understand a client’s source of wealth, and identify red flags to determine if a client is within or outside of our risk appetite Assist in management of projects and initiatives for multiple stakeholders Assist in the automation of KRI data collection by collaborating with data owners to streamline the process What do you need to succeed? Must have: Excellent analytical and critical thinking skills, with high attention to detail. Displays strong competencies in relationship management, collaboration, and time management Excellent written and oral communication skill Ability to think “big picture” while balancing smaller details Interest in operational risk management and regulatory compliance within the financial services industry Able to adapt to dynamic situations and can impact and influence outcomes 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 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: 2025-12-13 Application Deadline: 2026-01-19 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 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.

Responsibilities

The role involves developing documents for IT applications, translating business needs into workable approaches, and contributing to business development and operational efficiency. Interns will work closely with various internal and external stakeholders to support project management and risk analysis.