2026 CFO Fall Co-op Student, Capital Markets Enterprise-Wide Stress Testing (8 months)

As a key member of the performance management team in Capital Markets Finance, this role will participate in the development and implementation of stress testing tools to support the data generation and aggregation for various internal and regulatory stress testing programs, assessing the impact of macroeconomic and market-driven shocks on capital markets portfolios, collaborating with front office and risk partners, and building analytical tools with insights into how RBC Capital Markets balance sheet and key financial metrics perform under stress.

In this role, there are unique opportunities to gain a bird’s-eye view into the inner workings of a large financial institution; learn finance and risk concepts and the capital markets business; employ data science skills; and learn how macroeconomic risks such as geopolitical tensions impact the Bank.

What will you do?

• Design and execute financial models that capture sensitivities and valuation changes under stress scenarios across Capital Markets business
• Translate macroeconomic scenarios into risk factor shocks using statistical or historical correlation approaches
• Automate processes for scenario application, model execution, and report generation using VBA and Python
• Adhere to internal governance standards and regulatory expectations for model production
• Analyze data using empirical and statistical techniques to fine tune financial and risk projections
• Participate in the development and analysis of stress scenarios, assumptions, and methodologies to ensure they are appropriate for use in across Capital Markets businesses

What do you need to succeed?

• Experience in financial modelling, capital markets risk, and stress testing
• Proficiency with Excel, Python, Word, and PowerPoint
• Excellent communication skills, both oral & written, with good interpersonal skills
• Strong investigative mindset and acute attention to detail
• Highly motivated, collaborative, and self-starter attitude

Nice-to-have    

• Exposure to Capital Markets products and businesses, and regulatory stress testing requirements
• Knowledge and experience using analytical tools and managing large datasets

Please note: 

In order to be eligible for these student positions, you must either: 

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

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:

• 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

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 June17, 2026 at 11:59 PM ET. 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.

Business, Communication, Listening Effectively, Statistical Analysis Techniques

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFOStudent/Coop (Fixed Term)Salaried2026-06-082026-06-18

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.