Fall 2022 Co-op/Internship – RBC Capital Markets, Global Credit – Ratings and Monitoring Analyst (4 or 8 Months) – Toronto, ON

  • Location: Toronto, ON
  • Deadline: May 21, 2022

RBC Capital Markets, Fall 2022 Co-op, Global Credit – Ratings and Monitoring Analyst (4 or 8 Months)


Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

RBC Capital Markets, Fall 2022 Co-op, Global Credit – Ratings and Monitoring Analyst (4 or 8 Months)Job Description

What will you do?

  • Conduct credit analysis and assessment rating reports, including providing any additional analysis as required by the Team Lead, Risk Managers, new regulatory standards, etc.
  • Actively follow business and financial performance of the Borrowers in your assigned portfolio through monitoring of financial and industry information, regulatory events, external rating agency movements, and other early warning signals
  • Support industry teams in identifying deteriorating credits; escalate when required to Team Lead and others as appropriate, including Loan Portfolio Management, Corporate Banking, and Group Risk Management
  • Develop thorough knowledge of the latest Risk Criteria Papers and Policies and ongoing updates made to them
  • Build strong working relationships with key stakeholders

What do you need to succeed?

  • Currently enrolled in a business program (i.e. BComm., BBA, BSc/BA Finance, BA Economics or related subject) and eligible to complete a work term for 4 or 8 months (preferred 8 months)
  • A passion and curiosity for financial markets, and the ability to adapt and work collaboratively in a dynamic, team-based environment
  • Demonstrated financial modelling and analytical skills, including ability to think critically and “outside the box” and make sound recommendations
  • Excellent interpersonal and teamwork skills; ability to deal effectively with Senior Management within Global Credit, GRM Credit and other Business Partners
  • Strong research skills, with proven ability to write clearly and concisely
  • High degree of computer literacy, including advanced Excel skills

Nice to Have

  • Corporate or Commercial Credit experience
  • Oil & gas, power & utilities, transportation, natural resources, real estate, diversified industrial sector experience
  • Knowledge of corporate environment, social, and governance issues
  • Familiarity with the RBC Capital Markets credit process and loan agreements
  • Knowledge of RBC internal systems such as CCMS, TMS, Newton, etc.

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 prioritize development and provide opportunities for accelerated career growth
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Ability to make a difference and lasting impact


Job Summary

As a Co-op Analyst, you will support the Ratings & Monitoring team with efficient and effective credit analysis and assessments of RBC’s Capital Markets clients via high quality Risk Assessment Frameworks (RAFs). Through both qualitative and quantitative analysis, you will identify and escalate deteriorating situations via internal presentations and engage with various stakeholders to form a clearer picture of the level of credit risk. You will become familiar with your assigned industry and will develop strong credit acumen. This is an opportunity to join a team where collaboration and culture are highly valued, and you will both contribute to the team and add value to the credit process.


TORONTO, Ontario, Canada





Work hours/week:


Employment Type:

Full time


Capital Markets

Job Type:

Student/Coop (Fixed Term)

Pay Type:


Posted Date:


Application Deadline:


Inclusion and Equal Opportunity Employment


At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.


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