2026 Capital Markets, GRM Credit Risk Summer Analyst

The Group Risk Management (GRM) Credit Risk group provides independent and effective adjudication, monitoring, and control, and ensures the implementation and compliance with risk management policies and procedures. Our group is a dynamic team of individuals who value hard work and have a constant need to improve and learn. The new hire will join as a junior member of the GRM teams that cover Corporate Lending, and Asset Backed Securities (ABS) in New York.

This is a ten-week internship at our New York offices located in The World Financial Center (Brookfield Place), 200 Vesey Street, New York, NY 10281.

Role Overview:

Working as an Intern in our Credit Risk group can mean everything from running financial models, monitoring and establishing borrower credit risk ratings, assisting in credit transaction approvals, and generating various risk reports for senior management. In addition, our intern will have the opportunity to participate in rewarding projects which will require a deep dive into specific industry, market, and credit risk concepts. Our Intern will need to have a strong combination of qualitative and quantitative skills to succeed. We value curiosity, adaptability, analytical thinking, and flexibility. We look forward to your contributions and new ideas to improve our processes. It is a hands-on experience and you will learn the day to day operations of Credit Risk. We want you to get of full view of the Credit Risk team and all the businesses we support.

GRM Credit Risk Main Coverage Areas:

Corporate Lending / Leveraged Lending: adjudicating, monitoring and managing credit risk related to industries including Technology, Communication, Media, and Entertainment, Healthcare, Business Services, and Aerospace & Defense.

Asset Backed Securities (ABS): adjudicating, monitoring and managing credit risk related to traditional ABS (e.g., Auto, Credit Cards, and Trade Receivables), and non-traditional ABS (e.g., Fleet Finance, Handset, and Aircrafts).

Primary Responsibilities
* Review and recommend credit risk ratings for borrowers in various industries
* Assist in the credit transaction adjudication process, including conducting business and financial due diligence and running financial models
* Monitor client, industry, and market performance and trends
* Produce risk reports and/or client reviews for senior management
* Work with corporate banking, leveraged finance, Securitization, and other business partners to ensure close cohesion on key risk issues

At the end of your internship, you will be asked to present a project to members of the senior management team

Qualifications:

• Undergraduate students at an accredited four-year college or university graduating in December 2026 or May 2027
• Demonstrated interest in financial markets
• Self-driven, highly motivated and fast learning individual
• Proficient communication skills and ability to work well in teams
• Proficiency with Word, Excel, and PowerPoint. Programming proficiency is a plus but not required (VBA, Python, SQL, etc).

Key Relationships:
* Senior members of GRM Wholesale Credit Risk
* Business partners in Corporate Banking, Leveraged Finance, Investment Banking, Securitization

The good-faith expected salary range for the above position is $95,000 annualized 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

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.

We thank all applicants for their interest; however only those candidates selected for interviews will be contacted.

We thank all applicants for their interest; however, only those candidates selected for interviews will be contacted.

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Additional Job Details

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.