2025 Wealth Management, Fall Business Analyst (4-16 months)

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

Job summary

An established industry player in financial services is seeking a Fall intern for a Business Analyst role within their Wealth Management Team. This position offers a unique opportunity to engage in risk management, strategy, and technology projects while collaborating with various teams. The ideal candidate will be detail-oriented and possess strong analytical skills. With a focus on professional growth, the firm provides a supportive environment, leadership guidance, and access to top-tier training programs. Join a progressive team and make a meaningful impact in the financial sector.

Benefits

Leadership support for growth

Access to top-tier training programs

Opportunity to make a meaningful impact

Collaborative work environment

Qualifications

• Strong analytical and critical thinking skills required.
• Excellent communication skills for stakeholder engagement.

Responsibilities

• Develop documents for IT applications and system specifications.
• Conduct data analysis and prepare summaries for stakeholders.

Skills

Analytical Skills

Critical Thinking

Communication

Collaboration

Time Management

Detail-Oriented

Adaptability

Education

Currently enrolled in a degree program

Job description

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 comprises six lines of business supported by over 250 wealth professionals through our RBC Family Office Services team, providing clients with an unmatched experience.

Job Description

Your application will be reviewed for consideration across multiple roles within the following areas:

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

What is the opportunity?

We are seeking a Fall intern for a Business Analyst role, including but not limited to risk management, strategy and product, technology, and business operations, to join the RBC Wealth Management Team. Success in this role requires a highly organized, detail-oriented, and solutions-focused individual who can collaborate effectively across teams and thrives in a dynamic environment.

What will you do?

1. Develop documents for IT applications, system specifications, and test plans according to standards and methodologies.
2. Translate business needs, processes, and procedures into workable approaches, developing materials to align stakeholders.
3. Work with business architects and technology staff to deliver projects, incorporating risk analysis and meeting deliverables.
4. Ensure materials are prepared and current for project updates and presentations.
5. Benchmark ideas against competitors and understand market trends influencing consumer preferences.
6. Perform data analysis, reconciliation, and flag discrepancies to initiate inquiries and prepare summaries.
7. Conduct due diligence on clients to understand sources of wealth and identify red flags related to risk appetite.
8. Assist in managing projects and initiatives for multiple stakeholders.
9. Facilitate stakeholder meetings as needed.
10. Support automation of KRI data collection by collaborating with data owners.

What do you need to succeed?

Must have:

• Excellent analytical and critical thinking skills with high attention to detail.
• Strong relationship management, collaboration, and time management skills.
• Excellent written and oral communication skills.
• Ability to think strategically while managing details.
• Interest in operational risk management and regulatory compliance in financial services.
• Adaptability to dynamic situations and ability to influence outcomes.

Nice to have:

• Experience leading small projects or enhancements.
• Experience managing multiple projects simultaneously.
• Some experience with IT projects.
• Ability to collaborate with multiple stakeholders.

Please note:

To be eligible, you must:

• Be returning to school after the work term, or
• Be graduating immediately after the work term and require the full term to graduate.

What’s in it for you?

We foster growth, collaboration, and community impact, supporting your development through coaching, impactful work, and a world-class training program in financial services.

• Leadership support for your growth.
• Opportunity to make a meaningful impact.
• Work in a collaborative, progressive, high-performing team.
• Access to top-tier training programs.

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: 2025-04-28
• Application Deadline: 2025-05-31

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

Inclusion and Equal Opportunity Employment

At RBC, we value diversity and inclusivity, fostering a workplace where all employees feel supported, respected, and able to grow. We are committed to creating an environment of respect, belonging, and opportunity for everyone.

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