2026 CAE, Winter Planning & Reporting Analyst (4 months) - Job Opportunity at Royal Bank of Canada

Toronto, Canada
Internship
Entry-level
Posted: August 17, 2025
On-site
CAD $45,000 - $55,000 annually (pro-rated for 4-month term: approximately CAD $15,000 - $18,500), competitive for Canadian banking internships with potential for performance bonuses

Benefits

Comprehensive professional development through coaching and mentorship from senior leaders, providing accelerated learning opportunities typically not available in similar internship programs
Access to cutting-edge financial technology platforms and analytical tools used by one of Canada's largest banks, offering hands-on experience with industry-leading systems
Immersive exposure to complex multi-departmental initiatives and efficiency improvement projects, providing strategic business insight beyond typical entry-level roles
Professional growth through Agile methodology training and Scrum Master certification opportunities, adding valuable project management credentials
Integration into a high-performing, collaborative team environment within Internal Audit, offering networking opportunities with finance professionals across departments

Key Responsibilities

Drive strategic audit committee reporting initiatives by developing insightful commentary and creating impactful data visualizations that influence executive decision-making processes
Lead comprehensive industry research and emerging trend analysis to inform senior management reporting and strategic planning initiatives
Spearhead Agile transformation efforts by training as a Scrum Master to optimize team productivity and project delivery methodologies
Orchestrate cross-departmental collaboration on complex, multi-faceted efficiency improvement initiatives that directly impact operational performance
Execute centralized TOPR (presumably Total Operational Performance Review) support functions that contribute to enterprise-wide risk management and compliance frameworks

Requirements

Education

Working towards a Bachelor or Masters degree in Finance, Business Administration, Economics, CFA, or other related field

Experience

Previous experience working with a Financial Institution

Required Skills

Strong personal skills and the ability to work effectively independently and within a team environment Professional written and verbal communication skills Good analytical, communication and problem solving skills Highly organized with good attention to detail and very high level of accuracy Ability to prioritize, handle multiple tasks under pressure and meet time-sensitive deadlines Ability to think critically and "outside the box" Ability to thrive in a dynamic environment Proficient in the full suite of Microsoft Products, including Excel (including using Excel as a tool for financial analysis) Word, PowerPoint
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Sauge AI Market Intelligence

Industry Trends

The Canadian banking sector is experiencing significant digital transformation, with major institutions like RBC investing heavily in data analytics, artificial intelligence, and automated reporting systems to enhance operational efficiency and regulatory compliance. This creates growing demand for analysts who can bridge traditional finance skills with modern data visualization and technology competencies. Internal audit functions across major financial institutions are increasingly adopting Agile methodologies and Scrum frameworks to improve project delivery speed and stakeholder engagement. This shift represents a fundamental change from traditional waterfall audit approaches and requires new skill sets combining audit expertise with project management capabilities. Regulatory requirements in Canadian banking continue to intensify, particularly around operational risk management and reporting transparency. This drives demand for specialized roles that can navigate complex compliance frameworks while delivering actionable insights to senior leadership and audit committees.

Role Significance

Likely working within a 8-12 person centralized TOPR team, with indirect collaboration across multiple departments and regular interaction with senior audit leadership and potentially audit committee members
This is a specialized entry-level position with elevated responsibilities typically reserved for more senior roles, including direct audit committee reporting and cross-departmental initiative leadership. The role offers significant exposure to executive-level processes while maintaining appropriate supervision and development support.

Key Projects

Development and implementation of automated reporting dashboards for audit committee presentations Comprehensive industry benchmarking studies comparing RBC's operational performance against peer institutions Cross-functional efficiency improvement initiatives targeting audit process optimization and cost reduction Regulatory compliance reporting projects ensuring adherence to OSFI and other Canadian banking regulations

Success Factors

Exceptional analytical thinking combined with the ability to translate complex financial data into clear, actionable insights for senior leadership consumption Strong project management capabilities with experience or aptitude for Agile methodologies, particularly important given the Scrum Master training component Advanced proficiency in data visualization tools and Microsoft Excel for financial analysis, as these skills directly impact the quality of audit committee reporting deliverables Professional communication skills enabling effective liaison work across multiple departments and hierarchical levels within the organization Adaptability and resilience to thrive in the fast-paced, high-stakes environment of internal audit at a major financial institution

Market Demand

High - specialized internal audit roles in major Canadian banks are in strong demand due to regulatory requirements and digital transformation initiatives

Important Skills

Critical Skills

Advanced Excel proficiency including financial modeling and data analysis capabilities is essential for creating the sophisticated visualizations and analytical reports required for audit committee presentations and senior leadership consumption Professional written and verbal communication skills are paramount given the role's emphasis on cross-departmental liaison work and the need to translate complex analytical findings into clear, actionable recommendations for diverse stakeholder audiences Strong analytical and problem-solving abilities form the foundation of success in internal audit work, particularly when researching emerging industry trends and developing insightful commentary that adds value beyond basic reporting requirements

Beneficial Skills

Previous exposure to financial institution operations, regulations, or culture would accelerate the learning curve and enable more immediate contributions to team objectives Project management experience or familiarity with Agile methodologies would enhance effectiveness in the Scrum Master training component and cross-departmental initiative leadership responsibilities Data visualization skills beyond basic Excel, such as familiarity with Tableau, Power BI, or similar platforms, would distinguish candidates and align with the banking industry's increasing emphasis on advanced analytics and reporting capabilities

Unique Aspects

This internship offers unusually direct exposure to audit committee reporting processes, providing insight into board-level governance that is rarely available to entry-level positions in the financial services industry
The Scrum Master training component represents a unique blend of traditional audit work with modern project management methodologies, creating a distinctive skill set highly valued in the evolving financial services landscape
The role's focus on efficiency improvement initiatives provides hands-on experience with organizational change management and process optimization, skills that are increasingly crucial as banks navigate digital transformation challenges

Career Growth

12-18 months post-graduation for transition to full-time analyst roles, 3-5 years for progression to senior analyst or specialist positions

Potential Next Roles

Full-time Internal Audit Analyst or Senior Analyst positions within RBC or other major Canadian banks Risk Management Analyst roles focusing on operational or credit risk assessment Financial Planning & Analysis positions leveraging the planning and reporting experience gained Management consulting roles in financial services, particularly those focusing on operational efficiency and regulatory compliance

Company Overview

Royal Bank of Canada

Royal Bank of Canada stands as one of North America's leading diversified financial services companies and Canada's largest bank by market capitalization, serving over 17 million clients globally with a comprehensive suite of personal, commercial, and investment banking services.

RBC maintains a dominant position in the Canadian banking landscape, consistently ranking among the top performers in operational efficiency, digital innovation, and customer satisfaction metrics while expanding its presence in key U.S. and international markets.
This Toronto-based position places the intern at RBC's corporate headquarters and primary operational center, offering maximum exposure to senior leadership, strategic decision-making processes, and the bank's most significant business initiatives
RBC emphasizes collaborative excellence, professional development, and innovation within a structured yet dynamic environment that balances traditional banking stability with progressive approaches to technology and operational improvement
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