Winter 2027 Student - Strategy Analyst, Commercial Banking (4 months)

ODAIA; Toronto; On-site; CAD 15,000 - 22,000; Full time

Job summary

RBC is seeking a Strategy Analyst student for a 4-month Winter 2027 placement in Toronto. You will support development of business strategies, conduct market research, and analyze KPIs to identify growth opportunities.

You’ll collaborate with senior leaders and cross-functional teams to translate data into actionable recommendations. Applicants must be enrolled in a post-secondary program and demonstrate strong Excel, data visualization, and financial analysis skills.

Qualifications

• Currently enrolled in a post-secondary program in Business, Commerce, Economics, Engineering, or a related field.
• Proficiency using Excel for data analysis, including macros and pivot tables; familiarity with data visualization tools.

Responsibilities

• Conduct external market research and competitive analysis to inform strategic initiatives.

Skills

Excel macros

Pivot tables

Data visualization

Financial analysis

Business fundamentals

Cross-functional collaboration

Independent work

Education

Post-secondary program in business/commerce

Tools

Tableau

Confluence

Jira

SharePoint

Job description

Job Description

Please note: This posting is for a 4-month Student Winter 2027 placement with a start date of January 11, 2027 and end-date of April 30, 2027. In order to be eligible for this Winter 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), but you require the work term as a mandatory component 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.

What is the opportunity?

Join RBC Commercial Banking and thrive at the intersection of expertise and ambition. As a key partner to Canada’s leading businesses, you’ll help shape the country’s future by driving real economic impact. You’ll get to collaborate with multi-disciplinary teams, leverage cutting-edge digital platforms and build innovative solutions to transform client experiences. Here, growth is embedded in our culture. You’ll have opportunities to learn and develop skills and experiences to help you thrive in your career. At RBC, you’ll build a future defined by innovation, impact and unparalleled expertise. To learn more about Commercial Banking at RBC, please visit our website Commercial Banking - RBC Royal Bank.

Do you have ambition and tenacity? Do you have a curious and agile mindset, eager to learn and ask questions to support development in a banking environment? Are you ready to challenge assumptions, evaluate multiple perspectives and make sound judgments?

Have a passion for strategic thinking, problem-solving, and financial services? We're seeking a Strategy Analyst to join our Commercial Banking team and play a key role in developing business strategies, researching market opportunities, and shaping our competitive roadmap. This is an exciting opportunity to influence strategic decisions, work cross-functionally with senior leaders, and gain hands-on experience in enterprise strategy and banking.

Potential Placements:

• RBCx, Associate Product Manager Intern
• Business Enablement, Commercial Transformation
• Business Product Analyst
• Transaction Banking

What will you do?

Depending on your placement, you may:

• Conduct external market research and competitive analysis to inform strategic initiatives
• Support the development and refinement of business strategies and go-to-market plans
• Analyze financial data and KPIs to identify growth opportunities and operational improvements
• Collaborate with cross-functional teams to evaluate strategic options and build business cases
• Prepare executive presentations and strategic recommendations for senior leadership
• Understand complex problems, identify market opportunities, and translate data into actionable recommendations for senior decision-makers

What do you need to succeed?

Must Have

• Currently enrolled in a post-secondary program in Business, Commerce, Economics, Engineering, or a related field
• Strong analytical and quantitative skills with proficiency in Excel (i.e. macros/pivot tables/etc.) and Data visualization
• Proficiency using Tableau, Confluence, Jira and/or SharePoint
• Understanding of business fundamentals, financial analysis, financial modelling, data management, accounting principles and strategic business rationales
• Ability to thrive in fast-paced, dynamic environments and adjust to new challenges
• Collaboration & Communication skills; cross-functional teamwork and stakeholder engagement across all roles
• Ability to work independently and manage multiple priorities in a fast-paced environment with strong attention to detail

Nice-to-have:

• Understanding of commercial banking, financial services and business fundamentals
• Previous internship or project / program management experience in strategy, consulting or business development
• Familiarity with banking, financial services, or commercial lending
• Knowledge of RBC's business lines and/or competitive landscape
• Experience leveraging AI tools for market research, data analysis and/or strategic insights

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.

You will gain access to:

• Leaders who support your development and opportunities to take on progressively greater accountabilities
• A dynamic, collaborative, and high-performing environment including opportunities to network with RBC leaders
• The chance to make a meaningful impact on RBC's operations and client experience
• RBC brand recognition to add to your experience and resume – Tier-1 institution adds weight to future application
• Experience and exposure to RBC’s thought leadership in technology including Borealis AI

Job Skills

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

Additional Job Details

Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: HUMAN RESOURCES & BMCC

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2026-08-17

Application Deadline: 2026-09-25

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.