2027 CAE, Winter Global Credit Intern (4 months)

RBC; Toronto; On-site; CAD 36,000 - 48,000; Full time

Job summary

RBC is offering a winter internship in Internal Audit, Global Credit Risk in Toronto. You will gain hands-on experience auditing across retail and wholesale credit portfolios under experienced guidance.

The role exposes you to control testing, risk analysis, and regulatory considerations while working with a dynamic, high-performing team in a banking environment.

Qualifications

• Currently enrolled in a Bachelor’s or Master’s degree in Finance, Business Administration, or related field
• Strong communication and analytical skills
• Proficient in MS Office with attention to detail

Responsibilities

• Assist in planning and executing audits across credit risk disciplines
• Collaborate with auditors on walkthroughs, control testing and portfolio reviews
• Analyze credit exposure, migration trends and risk metrics
• Contribute to evaluating credit risk ratings, monitoring and provisioning
• Prepare well-documented workpapers supporting conclusions and recommendations
• Research industry, regulatory, and market developments impacting credit risk management

Skills

Communication

Computer Literacy

Detail-Oriented

Interpersonal Relationships

Listening Effectively

Personal Development

Personal Initiative

Education

Bachelor's or Master's degree in Finance, Business Administration or related field

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Access

Job description

What is the opportunity?

Looking to start your career in Financial Services? Join our Internal Audit, Global Credit Risk team and gain hands‑on experience assessing the effectiveness of credit risk management practices across RBC. RBC fosters a positive learning environment for students by providing support and resources to help strategize your career path. This is an exciting opportunity to be part of a high-performing and dynamic global group.

Job Description

Looking to start your career in Financial Services? Join our Internal Audit, Global Credit Risk team and gain hands‑on experience assessing the effectiveness of credit risk management practices across RBC. RBC fosters a positive learning environment for students by providing support and resources to help strategize your career path. This is an exciting opportunity to be part of a high-performing and dynamic global group.

The Global Credit group is part of the bank’s Internal Audit function, providing independent assurance over credit risk management practices across multiple lines of business. Winter Interns are recruited to support various teams within the group, including Wholesale Credit Risk, Retail Credit Risk, Wealth Management Credit Risk, Credit Risk Review, and Commercial Credit Risk. This role offers valuable exposure to a broad spectrum of credit risk processes that support the bank’s lending activities.

What will you do?

• Participate in planning and executing audits across multiple credit risk disciplines, gaining exposure to both retail and wholesale credit portfolios.
• Work alongside experienced auditors to perform walkthroughs, control testing, and portfolio reviews.
• Analyze credit exposure, migration trends, and risk metrics to identify emerging issues and themes.
• Contribute to the evaluation of credit risk rating, monitoring, and provisioning processes.
• Prepare clear, well‑documented workpapers that support audit conclusions and recommendations.
• Research industry, regulatory, and market developments impacting credit risk management.
• Attend audit team and stakeholder meetings, gaining exposure to how findings are communicated to senior leaders.
• Gain first‑hand experience in how Internal Audit supports the bank’s sound credit risk management practices and compliance with regulatory requirements.

What do you need to succeed?

Must‑have

• Currently enrolled in a Bachelor’s or Master’s degree in Finance, Business Administration, or other related fields
• Strong personal skills and the ability to work effectively independently and within a team environment
• Professional written and verbal communication skills
• Good analytical, communication and problem‑solving skills
• Highly organized with good attention to detail and very high level of accuracy
• Ability to prioritize, handle multiple tasks under pressure and meet time‑sensitive deadlines
• Ability to think critically and "Outside the Box"

Nice‑to‑have

• Knowledge and an understanding of financial statement analysis
• Proficient in the full suite of Microsoft Products, including Excel (including using Excel as a tool for financial analysis) Word, PowerPoint, Access
• Knowledge of credit risk concepts and processes.
• Previous experience working with a Financial Institution

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?

• Participate in IA, Global Credit’s Winter intern program which gives you the opportunity to learn more about internal audit and credit
• Interact with leaders who support your development through coaching and mentoring
• Network and build lasting relationships with peers and colleagues
• Make a difference and lasting impact through meaningful work
• Work in a dynamic, collaborative, progressive, and high‑performing team

Job Skills

• Communication
• Computer Literacy
• Detail‑Oriented
• Interpersonal Relationships
• Listening Effectively
• Personal Development
• Personal Initiative

Additional Job Details

• Address: 20 KING ST W:TORONTO
• City: Toronto
• Country: Canada
• Work hours/week: 37.5
• Employment Type: Full time
• Platform: INTERNAL AUDIT
• Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-09-08
• Application Deadline: 2026-09-21
• Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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