2025 Fall- GRM, Third Party Risk Practice Management Analyst, Intern (4 Months)

Job title: 2025 Fall- GRM, Third Party Risk Practice Management Analyst, Intern (4 Months)

Company: Royal Bank of Canada


Job description: Job SummaryThe GRM Third Party Risk (TPR) team is accountable for RBC’s enterprise-wide Third Party Risk management (TPRM) strategy and framework, enabling RBC to identify, measure, monitor, and mitigate the risks associated with third parties. TPR works with Senior Management across RBC’s business platforms and functions, providing oversight and challenge to ensure effective implementation of TPRM practices in compliance with regulatory and policy requirements. TPR also provides strategic advice, education, and key practices across RBC.To ensure the effectiveness and support the evolution of the TPRM Program, the TPR Practice Management team evaluates existing practices, leveraging data and analytics, best practices in the industry and regulatory requirements, and propose alternatives to strengthen procedures workflows, and controls that will enable the identification and mitigation of third-party risk in a consistent manner across stakeholders.Job DescriptionWhat is the Opportunity?The Analyst, Third Party Risk Analytics is responsible for collecting, organizing, and analyzing third party related data to support the development and maintenance of RBC risk management practices to effectively and efficiently manage risks arising from Third Parties, in line with regulatory requirements – including end-to-end Enterprise Third Party Risk process, tools, applications, and external and internal data sources.What will you do?The Analyst is responsible for:

• Supporting in the design, build, deploy and maintain RBC’s enterprise third-party risk process and practices, from a continuous improvement perspective and in line with key regulatory requirements and industry best practices;
• Supporting workstreams related to the CNB integration to RBC practices, specifically related to potential enhancements and data migration to our internal system platforms, facilitating stakeholder awareness/collaboration, monitoring activities to completion in timely manner and reporting progress internally in line with defined plan for remediation;
• Collaborating with the overall adoption of the enterprise practices by the different business segments and lines of defense, including development and execution of training and communication plan.

Additionally, the Analyst will also:

• Provide data insights to enable evolution of Enterprise TPR Practices
• Support Program Integration and Implementation across 1 LOD and 2 LOD stakeholders
• Support Regulatory Compliance Reporting
• Act as a Leader in TPR and GRM Operational Risk

What do you need to succeed?Must-have

• Working towards a business-related university degree
• Excellent writing and communication skills
• Ability to work within a team and possess strong interpersonal skills
• Demonstrated interest in Risk Management, Governance and Controls of Third Parties (suppliers) and/or Operational Risk
• Ability to take initiative and problem solve.
• Proficiency with Microsoft Office (e.g., PowerPoint, Excel, Word)
• Data Analytics, Data Modelling and Reporting

Nice-to-have

• Working towards post-graduate degree with a focus in business
• Proficiency with Tableau or other similar visualization tools
• Familiarity with programming
• Prior internship experience in a governance or controls type team
• Previous experience of working in a financial institution

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 support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

Please note: This posting is for a 4-months Fall 2025 Student placement with a start date of September 2025, and end date of December 2025. In order to be eligible for this 4-months Student position, you must either:

• Be returning back to school after the work term end-date of December 2025; or
• If you are not returning back to school (i.e. are graduating in December 2025), you must require the full 4-months work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying – candidates who apply but are found to be ineligible are not able to be considered.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 May 26, 2025. 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.RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.ET25Job Skills Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal InitiativeAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: Student/Coop (Fixed Term)Pay Type: SalariedPosted Date: 2025-05-16Application Deadline: 2025-05-26Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay 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 .

Expected salary:

Location: Toronto, ON

Job date: Sun, 18 May 2025 05:07:14 GMT

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