2027 Winter - GRM, AML High Risk Client Management Intern (4 Months - Bedford, NS & Toronto, ON)

RBC; Bedford; On-site; CAD 32,000 - 52,000; Full time

Job summary

RBC in Canada is seeking an Analyst, AML High Risk Client Management (Coop Student) to support EDD and risk assessments for high-risk clients in a 4-month Winter 2027 placement, starting January 2027.

You will conduct analyses, prepare written risk assessments, and assist in determining required due diligence, under RBC guidelines, while developing critical investigative and communication skills within the Group Risk Management platform.

Qualifications

• Pursuing a University degree.
• Strong written and oral communication skills.
• Excellent interpersonal skills.
• Strong investigative and problem solving skills.
• Strong analytical aptitude and risk mindset.
• Ability to work under pressure of tight deadlines, multiple tasks, and quick decisions.
• Skilled in Microsoft Office Outlook, Excel, Word (Level 2 or above).

Responsibilities

• Conduct AML and TF analyses for higher risk clients to identify KRIs and mitigate risks.
• Research and investigate using RBC-approved techniques to assess money laundering/terrorist financing risk.
• Prepare accurate, organized client risk assessments and communicate findings and recommendations.
• Prioritize client risk assessments following RBC guidelines to aid Senior Management decisions.
• Assign risk ratings per RBC methodology.
• Review and triage alerts and referrals per RBC policies.
• Initiate due diligence to determine if an EDD review is required.

Skills

Strong written and oral communication

Interpersonal skills

Analytical aptitude

Risk mindset

Works under pressure

Microsoft Office proficiency

Education

Pursuing a University degree

Tools

Microsoft Excel

Microsoft Word

Outlook

Job description

Job Description

What is the opportunity?

The Analyst, AML High Risk Client Management (Coop Student) will provide support and assistance to the various teams within High Risk Client Management in conducting Enhanced Due Diligence (EDD) and assessing money laundering and terrorist financing risk on clients and prospect clients.

What will you do?

• Conduct AML and TF analyses for higher risk clients in order to identify Key Risk Indicators (KRI) for the purpose of mitigating financial, regulatory, reputational and legal risks to RBC.
• Conduct research and investigations using RBC approved techniques and tools to evaluate if a client presents a higher level of money laundering / terrorist financing, regulatory and reputational risk to the Bank.
• Prepare accurate, organized, high quality written client risk assessments in order to provide a clear understanding of risks involved and to effectively communicate findings and recommendations.
• Prioritize and prepare client risk assessments within defined RBC guidelines, policies and procedures, using a risk based approach, in order to facilitate Senior Management decision and approval.
• Assign an appropriate risk rating to the bank’s clients in accordance with RBC’s risk rating methodology.
• Review, triage and assess alerts and referrals in accordance with RBC policies and procedures to determine if further investigation is required.
• Initiate and/or execute due diligence to determine whether an EDD review is required and if warranted, ensure the required information / documents have been received in order to understand the extent of the client relationship.

What do you need to succeed?

Must-have

• Pursuing a University degree
• Strong written and oral communication skills
• Excellent interpersonal skills
• Strong investigative and problem solving skills
• Strong analytical aptitude and risk mindset
• Ability to work under pressure of tight deadlines, multiple tasks, and quick decisions
• Skilled in Microsoft Office Outlook, Excel, Word applications (Level 2 or above)

Nice-to-have

• Knowledge of banking systems and processes
• Strong AML knowledge – CAMS designation preferable
• Demonstrated knowledge of, or experience in, AML Compliance, Financial Crimes investigations (within law enforcement or the financial sector), or financial regulatory oversight
• Strong knowledge of relevant predicate offences, e.g., fraud, is considered an advantage
• Experience working in law enforcement or the financial sector or financial regulatory oversight
• Skilled in open source research

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.

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

Please note:

This posting is for a 4-months Winter 2027 Student placement with a start date of January 2027, and end date of April 2027. In order to be eligible for this 4-months Student position, you must either:

• Be returning back to school after the work term end-date of April 2027 ; or
• If you are not returning back to school (i.e. are graduating in April 2027), you must require the full 4-months work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.

We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 20, 2026. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.

RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

ET27

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

Address: 120 WESTERN PKY:BEDFORD

City: Bedford

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2026-08-18

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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.