2027 Summer Internship - GAM Investment Risk

0000055739 RBC Insurance Agency Ltd.; Minneapolis (MN); Hybrid; USD 53,000 - 72,000; Full time

Job summary

RBC GAM seeks a Summer Internship in Minneapolis for Summer 2027 to support Investment Risk, Portfolio Management, and Client Operations. The role involves enhancing risk processes, building tooling, and assisting with client reporting and onboarding.

The candidate should be a junior or senior with a quantitative degree, demonstrate academic excellence, and thrive in a collaborative, hybrid team. Expect 40-hour weeks and exposure to finance professionals.

Qualifications

• Graduation between Dec 2027 – May 2028 in Finance, Economics, Mathematics, Business, or related quantitative field.
• Strong academic performance within your major.
• Team player with collaborative, self-motivated mindset and attention to detail in a hybrid environment.
• Excellent research and reporting skills; proficient in Excel, SQL, Python, and related tools.
• Excellent written and verbal communication and willingness to learn and grow.

Responsibilities

• Enhance existing Investment Risk processes and create new risk analysis workflows.
• Develop tools to support Portfolio Management trading desks and potential tech/regulatory projects.
• Support Client Operations with regular client reporting, onboarding, cashflow management and audits.

Skills

Active Learning

Adaptability

Communication

Computer Literacy

Interpersonal Relationships

Listening Effectively

Operational Delivery

Personal Development

Taking Initiative

Teamwork

Education

Finance, Economics, Mathematics, Business, or related quantitative discipline

Tools

Excel

SQL

Python

Job description

Job Description

What is the opportunity? The 2027 program is based in Minneapolis, MN and runs from June 7th, 2027 - August 27th, 2027. The RBC GAM Summer 2027 Internship Program offers an unparalleled opportunity to gain experience within the Asset Management industry. In this role, the intern will report to Investment Risk and work cross collaboratively with Portfolio Management and Client Operations to support the RBC Global Asset Management business. Our program provides students the opportunity to gain in-depth, hands‑on experience while working and learning alongside our experienced financial services professionals. Our program includes learning sessions, social outings, volunteer work, career development, networking opportunities, exposure to executive leadership and more.

What will you do?

• Enhance existing Investment Risk processes, create new processes for risk analysis and perform ad hoc analysis based on current market events
• Develop tools to assist Portfolio Management trading desks in efficiently managing their business, which may include working on technology and/or regulatory projects
• Support Client Operations in conducting regular client reporting, onboarding, cashflow management and audit processes

What do you need to succeed?

• Junior or Senior (Graduation dates between Dec 2027 – May 2028) with a degree in Finance, Economics, Mathematics, Business, or a related quantitative discipline
• Demonstrated academic excellence within major
• Attributes of a team player – collaborative, self-motivated, attention to detail, and self-sufficient (ability to work in a hybrid environment)
• Strong research, reporting and technical skills (Excel, SQL, Python, etc.)
• Exceptional listening skills, well-developed communication skills (written and verbal)
• Passion for financial markets and learning with a growth mindset
• Ability to work 40 hours per week for the duration of the internship

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.

• Client First: We put clients first in everything we do.
• Collaboration: We collaborate with speed and intention, and we rally around the decision.
• Respect: We foster a culture of empathy, inclusion, trust and humility, where our colleagues, clients and communities can bring their best, share ideas with confidence and succeed together.
• Excellence: We execute with urgency and expertise, raising the bar through innovation.
• Integrity: Operating with the highest level of integrity is at the core of how we work.

The expected salary range for this particular position is $62571 ($30 per hour), depending on your experience, skills, and registration status, market conditions and business needs. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value

Job Skills

• Active Learning
• Adaptability
• Communication
• Computer Literacy
• Interpersonal Relationships
• Listening Effectively
• Operational Delivery
• Personal Development
• Taking Initiative
• Teamwork

Additional Job Details

• Address: 250 NICOLLET MALL:MINNEAPOLIS
• City: Minneapolis
• Country: United States of America
• Work hours/week: 40
• Employment Type: Full time
• Platform: Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-10-08
• Application Deadline: 2026-11-06

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.

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.