About the role#
This role provides trade support to Commodities trading desks, including Oil and Gas, Base and Precious Metals, Power, Index, Agriculture, and Carbon. You will work within the Capital Markets COO Group to ensure the accurate processing of OTC, exchange-traded derivatives, and physical trades on the Openlink system. The position involves managing trade lifecycles, maintaining system data, and ensuring that daily operational processes run smoothly.
What you'll do#
- Perform trade validation, reconciliation, and verification for commodities derivatives and physical trades.
- Monitor trade capture errors, identify underlying causes, and implement corrective actions.
- Manage intraday and end-of-day processes to support downstream feeds and risk reporting.
- Generate intraday flash trading PnL and prepare various daily, weekly, and monthly reports.
- Load curves and prices, including MTM, settlement, and volatility data.
- Execute daily trade resets and fixings.
- Perform daily compliance checks for Dodd Frank, EMIR, and CSA reporting.
- Develop technology tools, such as VBA macros, to assist with system troubleshooting and process support.
- Assist senior staff with new product setup, testing, and the maintenance of operational procedures.
- Identify and implement opportunities to streamline and automate existing processes.
- Liaise with Front Office and cross-functional teams to resolve trade breaks and address operational queries.
What you'll need#
- Current enrollment in an undergraduate degree program in Business, Finance, Accounting, or Economics.
- Strong academic performance.
- Ability to work both independently and as part of a team.
- Strong organizational, analytical, and problem-solving skills.
- High degree of accuracy in daily tasks.
- Sound technical skills and a willingness to learn new systems.
- Excellent verbal and written communication skills.
- Self-starter mindset with the initiative to improve processes.
Location & details#
- Location: Toronto, Ontario, Canada.
- Work modality: On-site.
- Employment type: Full-time, 12-month co-op term.
- This is a paid position.
About RBC
RBC is a global financial institution based in Toronto, Ontario. It operates as Canada's largest bank and maintains a presence in the United States and 27 other countries. The company employs over 100,000 people and serves more than 17 million clients. Its business model covers banking, investing, insurance, and capital markets.
How to get in at RBC
Securing an internship at RBC requires speed and preparation. Because the bank receives a high volume of applications, timing is critical. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first. Early applicants get seen before the pile grows, which helps you avoid getting lost in the system. Beyond speed, you should focus on networking with the right people. Intern Insider surfaces the recruiters behind the company's roles so you can reach out directly to ask about the role or a referral. This direct approach materially improves response rates compared to submitting a cold application.
