2027 CAE, Winter Global Credit Intern (4 months)

0000050007 Royal Bank of Canada; Toronto; On-site; CAD 36,000 - 48,000; Full time

Job summary

Royal Bank of Canada in Toronto is offering a Winter internship within the Global Credit Risk team of Internal Audit. You will support multiple credit risk lines, gaining hands-on experience across retail and wholesale portfolios.

You will work with auditors on walkthroughs, testing, and portfolio reviews, and learn how risk metrics and provisioning are managed while engaging with senior leaders.

Qualifications

• Currently enrolled in a Bachelor’s or Master’s degree in Finance, Business Administration, or related fields.
• Strong communication, analytical and problem-solving skills.
• Highly organized with attention to detail and accuracy.

Responsibilities

• Participate in planning and executing audits across multiple credit risk disciplines.
• Work with experienced auditors on walkthroughs, control testing, and portfolio reviews.
• Analyze credit exposure, migration trends, and risk metrics to identify issues.
• Contribute to evaluation of credit risk rating, monitoring and provisioning processes.
• Prepare clear, well-documented workpapers supporting audit conclusions.
• Research industry, regulatory, and market developments affecting credit risk.
• Attend meetings to understand how findings are communicated to senior leaders.
• Gain understanding of how Internal Audit supports risk management and regulatory compliance.

Skills

Communication

Computer Literacy

Detail-Oriented

Interpersonal Relationships

Listening Effectively

Personal Development

Personal Initiative

Education

Finance or Business degree (enrolled)

Tools

Microsoft Office Suite

Job description

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 strategise 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?

You will join a specific Global Credit team to work with throughout the Winter term. The roles and responsibilities will vary depending on the team you are assigned to but could include:

• 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 organised with good attention to detail and very high level of accuracy
• Ability to prioritise, 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

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.

At RBC, you will have opportunities to:

• Participate in IA, Global Credit’s Winter intern programme 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