2027 Compliance Internal Audit, Winter Data Analyst (4 months)

Royal Bank of Canada; Toronto; On-site; CAD 30,000 - 39,000; Part time

Job summary

Royal Bank of Canada is seeking a Co-op Intern for the Global Compliance Internal Audit team in Toronto. You will assess internal controls, risk management practices, governance processes, and fraud prevention, taking a strategic approach to engagements involving emerging risks and new techniques.

You will gain exposure to RBC’s Regulatory Compliance Management program, products, and platforms while developing audit skills and becoming a subject matter expert.

Qualifications

• Pursuing a Bachelor or Master’s degree in Law, Finance, Business Administration, Economics, or related field.
• Strong written and verbal communication skills.
• Able to work independently and in a team.
• Analytical, problem solving, and detail oriented.

Responsibilities

• Contribute to integrated audit teams in planning, execution and reporting of Global Compliance audits.
• Draft and review recommendations for audit programs and sampling techniques.
• Assess effectiveness of internal controls, risk management and governance processes.
• Analyze data sets and use visualization tools to uncover patterns and insights.
• Assist with regulatory requests across regions and support projects and audits.
• Promote self-reporting of control issues and respond to stakeholder needs.

Skills

Analytical thinking

Communication

Teamwork

Problem solving

Attention to detail

Prioritization

Critical thinking

Education

Bachelor or Master’s degree in Law, Finance, Business Administration, Economics

Tools

Excel

Word

PowerPoint

Data visualization tools

Job description

Job Description

As a Co-op Intern in Global Compliance Internal Audit, you will assess the effectiveness of internal controls, risk management practices, corporate governance processes, and fraud prevention and detection, for the Global Compliance function at RBC. You will take a strategic approach to engagements that incorporate emerging risks and the implementation of new approaches and techniques.

We are looking for an eager and high performing individual with an interest in continuing to develop their audit skills. During your tenure, you will gain exposure to RBC’s Regulatory Compliance Management program, products, business lines and platforms with the aim of becoming a subject matter expert. You will also work with management in achieving business objectives by identifying opportunities to improve business processes, while remaining objective and independent.

RBC Internal Audit leverages a unique perspective— with a coordinated view across the entire business—to deliver valuable advice that not only gives assurance, but that illuminates a bigger picture, connects dots, builds best practices and broadens possibilities. We connect intelligence to protect and enable RBC.

What will you do?

• Contribute to integrated audit teams in the planning, execution and reporting of Global Compliance audit engagements


• Develop, draft and review recommendations relating to audit programs and sampling techniques


• Assess the effectiveness of internal controls, risk management practices and governance processes to complete audit programs


• Uncover patterns, insights, trends and anomalies through analysis of data sets and the use of visualization tools


• Assist with regulatory requests in all regions and provide support on key projects and audits.


• Promote and assist management in self-reporting control issues


• Respond to stakeholder needs quickly and efficiently, while building constructive relationships with Internal Audit peers and business partners

Must-have:

• Working towards a Bachelor or Master’s degree in Law, Finance, Business Administration, Economics, or other related field


• 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:

• Regulatory compliance management or risk function experience


• Proficient in the full suite of Microsoft Products, including Excel (including using Excel as a tool for financial analysis) Word and PowerPoint


• Previous experience working with a Financial Institution


• Knowledge of technology and data analytics

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 meaningf