Operational Risk Review

by Royal Bank of Canada

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

4.4/5
  • The Role
    5.0
  • The Company
    4.6
  • The Culture
    3.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • I highly enjoyed my time at RBC. I've felt very part of my department and the company as a whole - I have attended all team meetings as well as social events organised by members in my department - and have not once felt isolated during this 8-9 week internship.

    5/5

  • 2. To what extent did you feel valued by your colleagues?
  • RBC has organised the placement very well in terms of making us interns feel welcomed in the company and helping me personally to get the most out of the experience of working in an investment bank (by arranging trips/social events and organising high profile members within RBC to speak to the interns).

    5/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • Both the HR department and employees at RBC have supported me every step of the way throughout my internship. They've made me feel welcome from day one and given me great suppport during and after my placement.

    5/5

  • 4. How busy were you on a daily basis?
  • Although my main role during this internship has been working in Operational Risk department (Back office), I have had the opportunity to sit with those on the trading floor (Front office e.g. Money Markets, FIC Strategy & Research).

    5/5

  • 5. How much responsibility were you given during your placement?
  • I worked closely with my Line manager on a project. I was responsible for managing data and graphs. I was also soley responsible for taking minutes on a weekly basis during departmental meetings

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • One thing I have gained most from this placement is confidence. This has been developed through Project work - presenting to an audience. The project has also enabled me to develop my organisational skills as well as my team working skills. Also my knowledge in the global financial sector has increased greatly –general knowledge & historical events that have affected financial institution - which will serve me well in my degree course and in future employment

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • The general atmosphere was great. My collegues were very approachble and there was a great balance between work and socialising

    5/5

  • 8. How well organised was the overall work placement or internship set up?
  • Throughout my 7 week internship, I feel that the placement has been very well organised. The HR department has done a great job in organising events for us interns. For example, each week all interns attend Business presentations, where HR department invites heads of business areas within RBC (such as Head of Global Investment Bank) to give us a full overview of the business operations within RBC’s London office. This has given me a good understanding of all the business areas within RBC. Also, HR department has arranged a series of trips and workshops in other companies (including ICAP, Bloomberg and LME) which has given me greater insight into systems use by Traders and a broader understanding of what other financial institutions within the city do. Although my main role during this internship has been working in Operational Risk department (Back office), I have had the opportunity to sit with those on the trading floor (Front office e.g. Money Markets, FIC Strategy & Research).

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • Many trips, events and presentations were organised by RBC to enable us to develope skills.

    5/5

  • 10. What were the perks on your work placement?
  • Flexi Time

    Staff Sales/Staff Shop

    4/5

  • 11. How appealing are future employment prospects within the organisation?
  • Have already discussed with my line manager the opportunity to return to RBC to do another summer placement.

    4/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • Us interns were always in contact and socialing with each other. RBC made this easier by organising social networking events during our placement.

    5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • 3/5

  • 14. What was the Nightlife like in the area you worked?
  • 3/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • 3/5

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Details

Internship (1 Month+)

Banking

London

November 2009


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