Internal Audit – RBC – Fall 2020 Co-op/Internship Opportunities

  • Location: 20 King Street West, Toronto, Ontario, Canada
  • Deadline: July 12, 2020

RBC fosters a positive learning environment for students by providing support and resources to help your development. As the leading financial institution in the country and one of Canada’s Top Employers for Young People, RBC is a great place to start your career.

What is the opportunity?

Internal Audit works to review what’s going on behind the scenes of all lines of business across RBC. It is the ideal work environment if you’re interested in seeing how things work, are curious about digging deep into data to discover new things and like to use your imagination to make recommendations or drive insights. By joining us for a 4-month long summer position, you will be involved in a variety of challenging assignments, allowing you become familiar with a wide range of areas across RBC, while also strengthening the skills and knowledge you need to launch a successful career. Our students benefit from interesting work and networking opportunities, and are encouraged to collaborate on innovations.

We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is July 12th, 2020. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.

What do you need to succeed?

Along with pursuing a post-secondary education and being available for a work term commencing in September 2020, there are some other qualities that we look for in members of Internal Audit.

Be Curious. You don’t have to have an audit or accounting background in order to be successful here. What we look for is someone who has an interest in understanding and learning about auditing principles and techniques. Someone who is able to think critically and isn’t afraid to recommend an approach or challenge others’ opinions in a constructive manner. Someone who has a passion for learning and personal development, and wants to spend their summer collaborating with a diverse group of talented individuals.

Be Tech-Savvy. Internal Audit is a leader in finding innovative ways to use technology to be more efficient and impactful. Proficiency in Microsoft Office tools, including Word, Excel, PowerPoint and Excel, is required. Experience with data analytics tools such as Python and visualization tools like Tableau are also an asset.

Be Adaptable. We are a busy part of RBC where there is always a lot on the go. We are looking for someone who thrives in a dynamically changing environment with strong project management skills, allowing you to multi-task, prioritize and work independently under tight timelines.

Be Collaborative. Internal Audit is a supportive and welcoming environment, and we are looking for team players who proactively seek out development opportunities. Someone with excellent interpersonal skills and a positive attitude. Someone who demonstrates strong verbal and written communication skills, allowing you to work effectively with people across the organization.

Does this sound like you? If so, then a coop position with RBC’s Internal Audit team is the job for you. See below for information on the Fall 2020 opportunities available within Internal Audit.

Capital Markets & Risk Management
Assess and provide objective assurance on the effectiveness of internal controls, risk management practices and corporate governance processes in order to identify whether controls are operating effectively to improve business operations. Key tasks may include:

  • Participating in audits, control design review, continuous audit review and consulting engagements
  • Participating in planning sessions to develop audit techniques using data analytics
  • Using Tableau to develop data analytics and visualization reports
  • Preparing management reports

Requirements

  • Post-secondary education major in Business, Data Science, Engineering, Mathematics, Finance and Accounting, Statistics or Computer Science
  • Demonstrated knowledge and experience working with data analytics software packages, data visualization tools and programming languages (Tableau, Python, R, SAS, SQL, etc.)
  • Prior exposure to valuations and/or risk analysis of financial trading products would be an asset

Information Technology
Assess and provide objective assurance on the effectiveness of internal controls, risk management practices and corporate governance processes in order to identify whether controls are operating effectively to improve business operations. Key tasks may include:

  • Participating in audits, control design review, continuous audit review and consulting engagements
  • Participating in planning sessions to develop audit techniques using data analytics
  • Using Tableau to develop data analytics and visualization reports
  • Preparing management reports

Requirements

  • Post-secondary education major in Data Science, Accounting or Technology
  • Understanding of data analytics and Tableau
  • Experience with:
    • Computer centre process, such as: problem management, service level management, environmental controls, physical security, job scheduling, job entry systems, media management, backup & recovery, and capacity & performance management
    • Information security governance practices, such as: access administration, incident & vulnerability management and security standards & technology change management
    • Technology platforms, such as: zOS, UNIX, Tandem, iSeries and Windows (2003 and XP)
    • Database management systems, such as: Sybase, Oracle, SQL, DB2/UDB and IMS

Personal & Commerical Banking

Assess and provide objective assurance on the effectiveness of internal controls, risk management practices and corporate governance processes in order to identify whether controls are operating effectively to improve business operations. Key tasks may include:

  • Participating in audits, control design review, continuous audit review and consulting engagements
  • Participating in planning sessions to develop audit techniques using data analytics
  • Using Tableau to develop data analytics and visualization reports
  • Preparing management reports

Requirements

  • Demonstrated knowledge and experience working with data analytics software packages, data visualization tools and programming languages (Tableau, Python, R, SAS, SQL, etc.)

Data Management & Analytics

Contribute to audit teams across IA by designing and implementing data-related aspects of audit strategies, and producing and sharing insights supporting all phases of the internal audit cycle – planning, execution and reporting. Key tasks may include:

  • Collaborating with the businesses to capture requirements
  • Collecting and maintaining the data required to perform the analytics
  • Collecting, processing and analyzing data using a variety of tools
  • Participating in the identification of key risks, hypotheses and questions to answer
  • Providing technology support to audit team

Requirements

  • Post-secondary education major in Data Science, Engineering, Mathematics, Finance or Computer Science
  • Demonstrated knowledge and experience working with data analytics software packages, data visualization tools and programming languages (Tableau, Python, R, SAS, SQL, Hadoop, etc.)

Strategy, Operations & Innovation

Provide support to the Learning, Methodology, Quality Assurance, Strategy, Communications & Change, Audit Planning, Analysis & Reporting, Project Assurance, Operations and Operational Risk teams within Internal Audit. Key tasks may include:

  • Training as a Scrum Master to support Audit teams deploying the Agile Audit approach
  • Project management for internal audit strategic initiatives
  • Acting as a business analyst on complex, multi-faceted initiatives
  • Assisting with reporting to the Audit Committee and executive management
  • Researching leading practices and emerging topics
  • Assisting with Methodology creation and documentation
  • Assisting with creation of dynamic Learning presentations

Requirements

  • Post-secondary education major in Business or Accounting
  • Prior experience in internal audit would be an asset

Anti-Money Laundering and Global Compliance

Assess and provide objective assurance on the effectiveness of internal controls, risk management practices and corporate governance processes in order to identify whether controls are operating effectively to improve business operations. Key tasks may include:

  • Participating in audits, control design review, continuous audit review and consulting engagements
  • Participating in planning sessions to develop audit techniques using data analytics
  • Using Tableau to develop data analytics and visualization reports
  • Preparing management reports

Requirements

  • Interest and experience in Financial Crimes and Anti-Money Laundering (AML), and Regulatory Compliance operations and frameworks for Financial Institutions
  • High level understanding of the underlying regulatory requirements and guidelines (OSFI Guideline B-8 and E-13) for Financial Institutions
  • Interest, experience and skills in developing and applying innovative solutions (data analytics and data visualization)

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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 rbc.com/careers.

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, colour, 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.

To Apply:

https://jobs.rbc.com/ca/en/job/243537?locale=en_US