2027 Winter Compliance Internal Audit Co-op (4 months)

RBC; Toronto; On-site; CAD 35,000 - 50,000; Full time

Job summary

RBC is offering a Co-op Intern position in Global Compliance Internal Audit based in Toronto. You will assess internal controls and risk management, contribute to audit engagements, and analyze data to uncover insights.

The role emphasizes independent work within a team, supporting governance processes and regulatory requests across regions. You will gain exposure to regulatory compliance programs, products, and platforms while developing subject-matter expertise.

Qualifications

• Pursuing a Bachelor’s or Master’s degree in Law, Finance, Business Administration, Economics or a related field.
• Strong communication and teamwork skills are essential for cross-functional collaboration.
• Professional written and verbal communication abilities are required.
• Analytical and problem-solving skills with attention to detail are important.

Responsibilities

• Contribute to integrated audit teams in 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 and insights through analysis of data sets and visualization tools.
• Assist with regulatory requests in all regions and support key projects and audits.
• Promote and assist management in self-reporting control issues.
• Respond to stakeholder needs quickly while building relationships with Internal Audit peers and business partners.

Skills

Communication

Analytical thinking

Problem solving

Detail-oriented

Teamwork

Microsoft Excel

Project management

Education

Bachelor's or Master's in Law/Finance/Business/Economics or related field

Tools

Microsoft Office

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

• 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:

• 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

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

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.