2025 CFO, Fall Treasury Liquid Asset Portfolio Support (4 Months)

RBC; Toronto; On-site; CAD 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a dynamic Co-op student for Retail Liquidity Portfolio Management in Toronto. This role involves managing substantial retail liquidity assets and developing performance reporting dashboards. Ideal candidates will possess a strong background in finance or accounting and a keen interest in capital markets. You'll collaborate with various teams to optimize capital and liquidity while ensuring compliance with financial regulations. This unique opportunity offers hands-on experience in a high-performing environment, fostering professional growth and meaningful contributions to the financial sector.

Benefits

Flexible work arrangements

Networking opportunities with diverse students

Coaching and development support

Collaborative team environment

Qualifications

• Strong attention to detail and intellectual curiosity in capital markets.
• University degree with a focus on finance or accounting preferred.

Responsibilities

• Develop and maintain portfolio performance reporting dashboards.
• Conduct market research to identify trends in rates and HQLA spreads.
• Collaborate with Risk Teams to ensure sufficient limits.

Skills

Communication

Computer Literacy

Detail-Oriented

Interpersonal Relationships

Listening Effectively

Personal Development

Personal Initiative

Education

University Degree in Commerce

Finance or Accounting background

Job description

Job Summary

The Co-op- Retail Liquidity Portfolio Management is a key member of the broader Corporate Treasury Markets’ team. The incumbent will support the broader team in managing $80Bn of retail liquidity assets.

With the solid backing of robust reporting, this role will lean itself to a candidate who love to impart market knowledge into algorithms and iteratively build the ideal portfolio. Residing in Toronto, our new partner will ensure we optimize Capital, Liquidity, Tax, and Enterprise balance sheet value while managing within constraints set forth by Risk, Financial Controls, and Corporate Treasury Enterprise Liquidity Management.

Job Description

What will you do?

• Develop and maintain internal portfolio performance reporting dashboards and metrics;
• Owner of end of day processing and closing for the desk including ticketing support, reconciliations, limit monitoring and reporting;
• Work with our Product Control and Performance Management team to develop accurate and complete portfolio performance reporting relative to the benchmark;
• Complete market research to identify short term and long term trends with a focus on rates, HQLA spreads, and broader macro economic factors;
• Assist with the completion of fundamental analysis on various HQLA L1, L2A and L2B issuers to identify investment opportunities and opine on relative value and pricing;
• Work with our various Risk Teams to ensure sufficient limits including (but not limited to) Single Name Exposure, Counterparty Credit, Key Rate Duration, etc;
• Work with our Accounting Groups to ensure appropriate Hedge Accounting Structures and Controls are in place to protect the timing recognition of bank earnings

What do you need to succeed?

Must-have:

• University Degree with a background in commerce – Finance or Accounting preferred.
• Intellectual Curiosity and a keen interest in capital markets.
• High Degree of Attention to Detail

Nice-to-have

• IFRS and US GAAP Accounting knowledge
• Familiarity with Volcker, Reg W, and broader Bank Compliance
• Performance Management and Management Accounting experience

Please note:

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

• Bereturning backto 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. At RBC, you will have opportunities to:

• Interact with leaders who support your development through coaching and managing
• Network and build lasting relationships with students from diverse backgrounds from across Canada
• Make a difference and lasting impact through meaningful work
• Work in a dynamic, collaborative, progressive, and high-performing team

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 May 26, 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.

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:

OFFICE OF THE CFO

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2025-04-28

Application Deadline:

2025-05-27

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.

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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.