What is the opportunity?

RBC Economics has an immediate opening for an analyst within the Macroeconomic Group. The position is involved in the preparation of macroeconomic forecasts for a wide range of internal and external uses, including those required to execute IFRS9 credit provisioning and other regulatory requirements. The successful applicant will have a strong quantitative background to support the maintenance and development of macroeconomic models – a strong background in econometrics and comfort using statistics software is required.

What will you do?

• Support the maintenance and development of macroeconomic models used to produce forecasts
• Execute tasks required to satisfy regulatory requirements and bank policies, including SOX controls, as appropriate.
• Support research on key issues impacting the macroeconomic outlook, with a focus on Canada and the United States.
• Ensure best practices are applied in producing all research in order to guarantee the consistency and quality of work.
• Actively participate in a cooperative manner for the achievement of department objectives and contribute to a positive team spirit

What do you need to succeed?

Must-have

• Curious, enthusiastic, analytically minded, and detail oriented team player
• Degree in Economics, Finance, Business Administration or a quantitative discipline. Professional designation in Accounting, Finance, or Risk Management preferred, but not required – e.g. CPA, CFA, or FRM etc.
• Experience in modeling and econometrics along with an aptitude for handling various technical applications (e.g. EViews, R, Python, excel, etc.)
• Commitment to accuracy and completeness, and to the production of high-quality work.
• Ability to adapt quickly to demands for analysis of current economic developments
• Work with a limited amount of supervision at times and exhibit ability to take lead on projects and initiate new areas of research to be undertaken

Nice-to-have

• Professional written and oral communication skills

What’s in it for you?

A leadership group that will support your professional development. 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 mutual success.

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeOFFICE OF THE CEORegularSalaried2025-06-032025-06-17

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.