2025 CFO, Summer Tlap Support (4 Months)

The Co-op- Retail Liquidity Portfolio Management is a key member of the broader Corporate Treasury Markets' team. The incumbent will support the broader team in managing ~$80Bn of retail liquidity assets.

With the solid backing of robust reporting, this role will lean itself to a candidate who love to impart market knowledge into algorithms and iteratively build the ideal portfolio. Residing in Toronto, our new partner will ensure we optimize Capital, Liquidity, Tax, and Enterprise balance sheet value while managing within constraints set forth by Risk, Financial Controls, and Corporate Treasury Enterprise Liquidity Management.

What will you do?

• Develop and maintain internal portfolio performance reporting dashboards and metrics;
• Owner of end of day processing and closing for the desk including ticketing support, reconciliations, limit monitoring and reporting;
• Work with our Product Control and Performance Management team to develop accurate and complete portfolio performance reporting relative to the benchmark;
• Complete market research to identify short term and long term trends with a focus on rates, HQLA spreads, and broader macro economic factors;
• Assist with the completion of fundamental analysis on various HQLA L1, L2A and L2B issuers to identify investment opportunities and opine on relative value and pricing;
• Work with our various Risk Teams to ensure sufficient limits including (but not limited to) Single Name Exposure, Counterparty Credit, Key Rate Duration, etc;
• Work with our Accounting Groups to ensure appropriate Hedge Accounting Structures and Controls are in place to protect the timing recognition of bank earnings

What do you need to succeed?

Must-have:

• University Degree with a background in commerce - Finance or Accounting preferred.
• Intellectual Curiosity and a keen interest in capital markets.
• High Degree of Attention to Detail

Nice-to-have

• IFRS and US GAAP Accounting knowledge
• Familiarity with Volcker, Reg W, and broader Bank Compliance
• Performance Management and Management Accounting experience

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

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeOFFICE OF THE CFOStudent/Coop (Fixed Term)Salaried2024-12-132025-01-18

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

Inclusion and Equal Opportunity Employment