2026 CFO, Fall Analyst - Global Equities Valuations (12 months)

What is the opportunity?

The Valuations Group (within Product Control) performs a critical 2nd line of defense control over the fair valuation of financial instruments held within RBC Capital Markets. In this role you will be responsible for pricing and independently valuing (Independent Price Verification, IPV) Equity and Equity Derivative products to ensure that they are a fair representation of traded markets. IPV results, along with any other Valuation Adjustments (VAs), are reported and communicated at least monthly.  The role will collaborate closely with several impacted stakeholder groups including Finance, Front Office Trading teams and Enterprise/Market Risk (including Model Validation).

What will you do?

• Assisting with sensitive IPV and VA calculation relating to various Equity related products, including derivatives (e.g. listed and OTC vanilla options (call/put)). Coverage will include Canada, US, EMEA and APAC markets, across global Equity desks at RBC.
• Utilize technology (e.g. Python) and leverage AI tools (RBC Aiden) available to RBC to enhance/streamline Valuation/Market related analytics and processes to add value for multiple stakeholders
• Learn existing Valuation policies, including methodology and procedure documentation and sources of external market data
• Develop knowledge of equity markets, products and quantitative background to evaluate IPV results and support resolution of IPV difference. Ensure IPV issues outside accepted tolerances are reported and dealt with promptly.
• Explore market data sources for the best measure of fair value for listed and OTC financial instruments in scope.
• Proactively communicate within the team and with Front Office and/or related counterparties to explain IPV/VA results and/or month over month movement.
• Maintain and operate a robust valuations environment to ensure fair value compliance primarily for Equity Derivative (and Equity) products.
• Challenge existing IPV methodologies, working practices and improve data quality and process efficiencies to ensure a robust and up-to-date control environment.

What do you need to succeed?

Must have

• Appreciation of equity markets and an understanding of equity derivatives, their inputs and effects on valuation.
• Basic knowledge of option pricing
• Knowledge of Python and database tool such as SQL is a plus
• Ability to independently work, solve problems and manage competing deadlines under a high-pressure setting
• Strong attention to details with strong work ethic
• Good written and verbal communication skills
• Advanced user of Excel/VBA

Nice to have

• Experience of leveraging technologies (Python, AI) to provide in-depth analytics and enhance workflow
• Knowledge of Bloomberg and other financial analytics platform.
• Working toward the CFA designation

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 May 17, 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.

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

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFOStudent/Coop (Fixed Term)Salaried2026-04-212026-05-18

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.