2027 CFO, Winter HQLA Portfolio Management Intern – Co-op (4 Months)

Job Description

What is the opportunity? RBC's Corporate Treasury Liquid Asset Portfolio team manages one of the largest High-Quality Liquid Asset (HQLA) portfolios in Canada: ~$90Bn in retail liquidity assets spanning investment-grade fixed income. Based in Toronto, this is a market-facing opportunity to work directly alongside experienced Portfolio Managers, gaining hands-on exposure to active fixed income portfolio management, rates strategy, and institutional asset allocation. We look for intellectually curious candidates with a track record of academic achievement, a genuine passion for capital markets, and the initiative to contribute beyond their assigned responsibilities. What will you do?

Key responsibilities include

Assisting Portfolio Managers on the day-to-day management of the fixed income portfolio, contributing to investment decisions and positioning discussions. Preparing market commentaries covering rates, spreads and macro themes focused on HQLA – developing and articulating your own views on market dynamics. Monitoring current market trends across rates, credit spreads, and macro factors and translating findings into actionable investment insights Building and maintaining strategy meeting decks used in senior stakeholder presentations, requiring strong judgment on structure, narrative, and data visualization. Supporting portfolio performance reporting and benchmarking. Assisting with end-of-day processing, reconciliations, and limit monitoring to develop a full understanding of portfolio operations Collaborating with Risk, Product Control, and Accounting teams on limit management, hedge accounting structures, and financial controls What do you need to succeed?

Must have

Successful completion of at least second year of an undergraduate degree, with a preference for Finance, Accounting, Economics, Computer Science, Statistics, Engineering. Genuine intellectual curiosity about capital markets and a demonstrated interest in fixed income and rates St