GRM, Analyst Intern

Updated: March 21, 2024 09:01 PM GMT

Internship Job in Schomberg, Ontario

Royal Bank of Canada

Schomberg, ON

Job Summary

Participates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.

Job Description

What is the opportunity?

Enterprise Model Risk Management is looking for an intern to help out with limited scope validations of pricing and risk models for interest rate derivative products.

What will you do?
• Review model submissions and provide feedbacks to reporting manager
• Help with testing new and existing pricing and risk models
• Write limited scope validation reports
• Improve the existing validation workflows

What do you need to succeed?

Must-have
• Good communication and interpersonal skills
• Basic knowledge of interest rate products such as swaps/basis swaps and European caps/floors/swaptions etc.
• Bachelor’s degree or close to graduating in a discipline such as actuarial science... More Detail