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Royal Bank of Canada

Summer Analyst, Global Markets Review

at Royal Bank of Canada

Internship (1 Month+)

Banking

London

Review Submitted: November 2022

Overall Rating

3.6 /5

The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!

3/5 - Overview of Role
3.8/5 - Skills Development
4/5 - Support and Guidance
4/5 - Company Culture
3/5 - Overall Experience
3/5 - Future Career Prospects

Overview of Role

Please give an overview of your role and what this involves on a day-to-day basis.
Depended on the desk I was rotating on. Varied from coding in python to analyse equity trading algorithms to learning about macroeconomic concepts from traders. I'd also provide daily updates on market data being released that day and on products/equities to watch.
Were you given much responsibility during your placement / internship?
I didn't feel like I had much responsibility. But felt that it was a good level to allow me to comfortably learn new skills and gain understanding. I'd hope that working as a full time analyst would come with more responsibility.
Please rate how meaningful the work you were doing was
3/5

Skills Development

Have you learnt any new skills, or developed your existing skills?
Developed understanding of macroeconomic concepts, coding in python, the use of equity execution algorithms, the function of different teams on a trading floor and the general services provided by an investment bank.
How would you rate the training provided during your experience?
3/5
How would you rate your development of industry-specific skills during the experience?
4/5
How would you rate your development of personal / soft skills during the experience?
4/5
Please rate how these skills have helped you in your career development
4/5

Support and Guidance

How much support and guidance did you receive during your placement / internship?
My teams were very supportive and helpful. I felt I could always ask for help and received guidance yet was also able to try things independently and learn from those mistakes.
How would you rate the support and guidance from your line manager?
4/5
How would you rate the support and guidance from the wider team?
4/5

Company Culture

What was the company culture and general atmosphere like?
Generally very friendly and welcoming with an emphasis on inclusivity. There were a number of events which promoted a friendly culture.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
3/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
3/5

Overall Experience

To what extent did you enjoy your placement / internship?
Definitely enjoyed the internship on the whole. There were times where the hours seemed like a lot and I felt burnt out. But this was specific to one desk rather than the whole experience.
Please rate your level of enjoyment on your placement / internship
3/5
Please rate how your experience met your expectations
3/5

Future Career Prospects

Please rate the future employment prospects at Royal Bank of Canada
3/5

Recommendations & Advice

Would you recommend Royal Bank of Canada to a friend?
Yes
What advice would you give to others applying to Royal Bank of Canada
It's ok not to know lots about economics or finance. A general interest in tough questions and how to think can take you a long way. I have a physics background and was able to play to my strengths in maths and coding so just find what you're good at and use it.
In This Review
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