2025 Capital Markets, Global Credit Summer Analyst (4 Months)

What will you do?

You will join a specific Global Credit team to work with throughout the summer.  The roles and responsibilities will vary depending on the team you are assigned to but could include:

• Upkeep and maintain credit, transactional, and trading limits on the Client and Credit Management System (CCMS)
• Monitor receipt of Reporting Requirements outlined in credit agreements underpinning a portfolio of Global Credit names
• Investigate overdue items and notify Group Risk Management (GRM) and account management teams as required
• Monitor trading limits, client exposures and Fund client performance. Review limit excesses and resolve
• Responsible for data integrity on assigned accounts, ensure CCMS reflects all relevant ongoing changes
• Perform credit analysis on individual borrowers to establish Borrower risk ratings; includes preparing Risk Assessment Framework (RAFs), which encompasses industry, business, and financial risks
• Develop and maintain financial models for leveraged borrower names (including DCF and Market based approaches)
• Assist in daily monitoring of a Borrower’s business and financial performance through monitoring of financial and industry information (conference calls, news releases, financial results, etc.), regulatory changes, third party analysis, including rating agency publications, and other early warning signals
• Support industry teams with preparing deteriorating credits for enhanced review, as required
• Assist with preparation of documentation packages to be sent to counterparties to reflect new Regulatory and US Tax requirements (1. Follow up with counterparties by phone and e-mail and refer technical questions as appropriate, 2. Track receipt of completed documentation and 3. Produce ongoing progress reporting against metric)
• Other projects & assignments as required, including portfolio reviews that require analytical, research, strategic and problem solving skills.

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. At RBC, you will have opportunities to:

• Participate in Global Credit’s summer intern programming which gives you the opportunity to learn more about the division and other areas of RBC & RBC Capital Markets
• Interact with leaders who support your development through coaching and managing
• Network and build lasting relationships with students from diverse backgrounds from across Canada
• Make a difference and lasting impact through meaningful work
• Work in a dynamic, collaborative, progressive, and high-performing team