Lock Applications for this job are now closed
Closing soon

Application Deadline: Rolling; early application recommended.

Royal Bank of Canada is a premier investment bank that provides a focused set of products and services to institutions, corporations, governments and high net worth clients in over 100 countries.

We understand that the first steps in any career in finance are critical. With that in mind, we have the right formula to provide you with the opportunities and professional development you need to turn those first steps into a rewarding career.

You'll be part of a company with a superior financial track record, credit rating and reputation. In fact, we maintained a high credit rating throughout the financial crisis.

Interns will gain hands-on experience within our Internal Audit function and receive career-building mentorship.

Programme details

As a Summer Intern you will have the opportunity to experience the key areas of our Internal Audit function and the different phases of the audit cycle to develop an insight into the responsibilities of a full-time Internal Audit Analyst. You will gain valuable exposure to the operations of a major international investment bank, as well as the hands-on experience you need to kick-start your career.

Learning from experience

Summer Interns will have the opportunity to gain exposure to Internal Audit, working alongside experienced professionals while gaining a deeper understanding in:

  • Identifying and assessing the firm’s business processes and internal control structure to evaluate risks and compensating controls
  • Influencing management and stakeholders on developing control solutions to mitigate risks identified and monitoring the implementation of these solutions
  • Exposure to various stages of the audit methodology

During the course of the programme, some of the projects you might work on may include:

  • Develop an understanding of the RBC Businesses (Capital Markets and Wealth Management) and support functions
  • Participate in various stages of audit work including review of associated documentation, such as:
    • Understand the business objectives and the environment in which they operate.
    • Assess the business processes and support the execution of a testing strategy to assess the key controls.
    • Developing and editing reports and presentations for senior management
    • Involvement in the verification of control enhancements made by the business following audit issues raised
  • Contribute to team discussions, openly sharing experiences and ideas to improve audit practices and coverage.
  • Constantly learn and develop your financial services knowledge, communication and leadership skills.

Training and development

You will be supported and developed in numerous ways throughout the programme including:

  • On the job training
  • Classroom based training covering commercial and industry knowledge
  • Speaker series – regular, cross platform information sessions delivered by our leading market professionals
  • Assigned Manager and Buddy programme
  • Networking and shadowing opportunities
  • Social events with the wider 2024 Capital Markets cohort and Internal Audit team

You will receive mid and end-of-summer reviews as well as constructive feedback from your business manager throughout your placement.

Great care and resources have been devoted to ensure that at the end of the programme you have a solid understanding of the elements necessary for a successful career in the Internal Audit function.

What do we look for?

We are not prescriptive on the subject of your degree; whether you’re a philosophy student or an engineer. We’re more interested in an agile intellect, strong numerical and analytical skills, an awareness of global economic issues and a genuine interest in the international financial markets. Curiosity, logic, strong communication and interpersonal skills, inner drive all come into the equation.