2026 Capital Markets, GRM Credit Risk Summer Analyst

Job Description 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 Key Relationships: Senior members of GRM Wholesale Credit Risk Business partners in Corporate Banking, Leveraged Finance, Investment Banking The good-faith expected salary range for the above position is $95,000 depending on factors including but not limited to the candidates experience, skills, registration status; market conditions; and business needs. RBCs 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 RBCs 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. Job Skills Additional Job Details Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK City: New York Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Student/Coop (Fixed Term) Pay Type: Salaried Posted Date: 2025-09-17 Application Deadline: 2025-10-15 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. 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 jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canadas biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.