The Canadian Mortgage Investment Group (CMIG) manages a portfolio of Prime Canadian residential mortgages that are acquired from 3rd party mortgage lenders operating in the mortgage broker channel or as a Direct-to-Consumer model. We purchase both single-family and multi-family loans, the bulk of which are insured against borrower default and funded via National Housing Act (NHA) Programs (NHA MBS and CMB). The group also runs a CMB swap business where we facilitate small lender participation in the CMB Program by providing the Program’s required cash flow swaps and manage mortgage and NHA MBS prepayment risk.

Required Skills & Characteristics:

• Knowledge of financial markets
• Extreme attention to detail
• Strong oral and written skills
• Multi-tasker that works well in a high-pressure and unstructured environment
• Relationship builder across various groups and individuals
• Fast learner with an ability to anticipate next steps and tasks
• Proficient in Microsoft Office (especially Excel and PowerPoint)
• Programming experience an asset (Visual Basic, Python etc.)

Primary Responsibilities:
General tasks

• Daily tasks such as preparing P&L
• Market Risk reports
• Daily commitment reports.
• Provide assistance and support to new and existing trades and clients
• Special projects as required

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.

• Direct exposure and hands-on experience
• Opportunity to connect with different desks within GE, and across RBC
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

In order for your application to be considered, please upload your COVER LETTER and RESUME as ONE PDF FILE.

We thank all interested candidates; however, only those selected for an interview will be contacted.

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.

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeCAPITAL MARKETSStudent/Coop (Fixed Term)Salaried2025-05-162025-05-26

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.