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Job Description
Please note: This posting is for a 4-month Student Summer 2024 placement with a start date of May 2024 and end-date of August 2024. In order to be eligible for this 4-month Student position, you must either:
Be returning back to school after the work term end-date of August 2024; or
If you are not returning back to school (i.e. are graduating in April/August 2024), but you require the work term as a mandatory component to in order to graduate successfully.
Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.
What is the opportunity?
The opportunity is to support the Pricing Team in Terms Investments and Savings area that is responsible for rates management as well as leading the acquisition and retention strategy for the product suite. Our team has a significant impact on the bank's profitability, market share and client growth results. We work closely with stakeholders across P&CB and the broader organization providing not only strategic direction but also leading execution of annual campaign calendar, performing deep dive analytics (internal and external) as well as managing the Pricing Exception Desk.
For the successful candidate this is a great learning experience to work with a knowledgeable and supportive team that strongly believes in succeeding together. You will not only have an insight into the dynamic world of deposit pricing but also the opportunity to be involved in client centric impact driven deliverables.
What will you do?
- Work on the Pricing Exception Desk to review and approve pricing requests received from the distribution team, advisors and clients.
- Partner with team members in responding to questions/concerns about daily pricing exception requests.
- Perform ongoing reporting on the competitive landscape and assess overall profitability of GIC transactions.
- Participate in regular team meetings to not only learn about various initiatives but provide feedback on how to do things better and more effectively.
- Provide support in adhoc analysis and reporting based on emerging trends/business needs.
What do you need to succeed?
Must-Have
- Currently enrolled in a post-secondary program
- Ability to effectively collaborate with others in a fast paced environment - Attention to detail and time management is critical.
- Strong written/oral communication skills to develop and convey thoughtful and insightful explanations.
- Aptitude for collecting and organizing information.
- Strong MS Office (Excel, PowerPoint, Word) skillset.
Nice to have - Previous exposure to financial services industry.
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.
- Leaders who support your development through coaching and managing opportunities.
- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive and high-performing team - Opportunities to do challenging work.
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Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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