Analyst, US Group Risk Management Rotational Program

Royal Bank of Canada; New York (NY); On-site; USD 86,000 - 105,000; Full time

Benefits offered by this job

Total Rewards Program

Coaching and learning opportunities

Dynamic team environment

Job summary

Royal Bank of Canada in New York invites applications for the US GRM Rotational Program, a 2-year program spanning Credit, Liquidity, Market, Operational, Counterparty, Group Risk Analytics and Enterprise Risk teams. You will rotate across US GRM functions, tackling diverse programs and complex problems with world-class risk professionals.

Candidates should have a degree in finance, math, CS, or engineering, strong quantitative skills, leadership, and proficiency in programming (VBA, MATLAB,

Qualifications

• Undergraduate or graduate degree/experience demonstrating mastery of finance, math, CS, financial engineering, modeling or complex problem solving.
• Leadership acumen and a passion to apply it in a dynamic business environment.
• Creative and analytical thinker who is self-driven and capable of working in a fast paced environment.
• Passion for finance, banking, and risk management.
• Excellent interpersonal and highly developed communication skills (verbal and written).
• Programming proficiency (VBA, MATLAB, Mathematica, SQL, Python, etc.).
• Working knowledge of Microsoft Office applications (Outlook, Excel, Word, PowerPoint).

Responsibilities

• Aid in the management/development of risk reporting processes and ensure the accuracy of key risk measures.
• Work with complicated financial models used in GRM’s stress testing processes.
• Participate in specialized strategic projects.
• Create/maintain concise and well thought out reports for senior leadership.
• Monitor global economic and political events for new trends and developments and contributing to team analyses and publications.
• Foster an environment of engagement by participating in internal/external RBC or Group Risk Management events.

Skills

Quantitative skills

Leadership

Analytical thinking

Communication

MS Office

Education

Finance/math/CS/Engineering degree

Tools

Programming (VBA/Matlab/SQL/Python)

MS Office

Job description

Job Description

What is the Opportunity?

Group Risk Management within RBC is on a journey to transform the way we work. We recognize that in order to maintain our position as a global leader in Risk Management, we need to evolve beyond our comfort zone and to unlock the full potential of our people. That’s where the US GRM Rotational Program comes in.

We’re offering a 2-year program that spans across rotations within US Group Risk Management which include Credit Risk, Liquidity Risk, Market Risk, Operational Risk, Counterparty Credit Risk, Group Risk Analytics and Enterprise Risk teams. You will be given an opportunity to work in various fluid, highly skilled teams, helping us solve big problems and understand the opportunities and issues. You will have access to world class experts in finance and risk management. You will be immersed in a fast paced, forward-thinking environment in the US operations of Canada’s top financial institution with a 150 year track record of success.

What will you do?

The US GRM Rotational Program is unique in that you will get to rotate among several US Group Risk Management functions, working across multiple programs and disciplines that require very divergent skills. We’re looking for candidates that have a strong quantitative skillset, communicate well and are able to work through complex and ambiguous challenges. You need to be a self-driven and hyper engaged individual with unique skill sets that’s willing to learn finance and risk management from world class teams in a fast paced and challenging environment.

Your responsibilities may include:

• Aid in the management/development of risk reporting processes and ensure the accuracy of key risk measures
• Work with complicated financial models used in GRM’s stress testing processes
• Participate in specialized strategic projects
• Create/maintain concise and well thought out reports for senior leadership
• Monitor global economic and political events for new trends and developments and contributing to team analyses and publications.
• Foster an environment of engagement by participating in internal/external RBC or Group Risk Management events

What do you need to succeed?

• Undergraduate or Graduate degree/combination of experience that demonstrates mastery of finance, math, computer science, financial engineering, modeling or complex problem solving
• Leadership acumen and a passion to apply it in a dynamic business environment
• Creative and analytical thinker who is self-driven and capable of working in a fast paced environment
• Passion for finance, banking, and risk management
• Excellent interpersonal and highly developed communication skills (verbal and written)
• Programming proficiency (VBA, MATLAB, Mathematica, SQL, Python, etc.)
• Working knowledge of Microsoft Office applications (Outlook, Excel, Word, PowerPoint)

What’s in it for you?

• Exposure to challenging work and opportunities to be showcased to leadership
• Develop fundamental knowledge of risk management, and risk governance
• Gain a broad understanding of how the bank operates, including the role of our business segments and functional units, and how the bank may be exposed to emerging trends within the industry
• Access to leaders who support your development through coaching and learning opportunities
• Work in a dynamic, collaborative, progressive and high performing team
• Ability to make a difference and lasting impact
• A comprehensive Total Rewards Program including base salary, bonus and benefits

The good faith expected salary range for the above position is $95,000 depending on factors including but not limited to the candidate’s experience, skills, 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

About RBC

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

Inclusion and Equal Opportunity Employment

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

Job Skills

Additional Job Details

Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City: New York

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2025-10-21

Application Deadline: 2025-11-21

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.