Exploring Career Paths at the Royal Bank of Canada (RBC)

As one of Canada’s oldest financial institutions, the Royal Bank of Canada (RBC) boasts a rich history that spans all the way back to 1864, when it was first established as the Merchants Bank of Halifax.
Fast-forward to today and RBC holds the title of the largest Canadian bank in terms of market capitalization and serves 17 million clients.

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RBC is also consistently present on Canada’s Top 100 Employers list, gracing the list numerous times over the years.

Employing over 89,000 people worldwide, it is also one of Canada’s largest employers.

The benefits, equal opportunity initiatives, and wellness programs that RBC offers also contribute to long-term staff retention and high employee satisfaction.

RBC is always looking to recruit new talent across its various roles.

If you are considering a career at RBC, we will guide you through the different types of jobs RBC is hiring for, the skills you will require, and also tips to guide you through the application process.

Jobs at the Royal Bank of Canada

Not only is RBC one of Canada’s largest employers – but it’s also one of the largest technology employers, with the Tech @ RBC division having 14,000 employees.

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Bank jobs are not just just for those who have a banking, finance, or customer service background, RBC has job opportunities within multiple departments and the best part is that there is room for advancement in all of them.

The main departments at RBC are:

Skills Required to Work at the Royal Bank of Canada

With all of the different departments and roles within each of them, different skills and qualifications are required in order to apply.

While certain positions mandate a Bachelor’s degree or special certifications, others prioritize job-related experience.

Aspiring bank tellers can launch their career with a high school diploma, thanks to RBC’s internal training programs.

These programs serve as stepping stones, enabling employees to climb the ranks into managerial positions.

Tips for Applying for a Job at the Royal Bank of Canada

Research the Role: Ensure that you meet all of the must-have requirements outlined in the job description.

Fine Tune your Resume: Ensure your resume uses similar language to the job posting. Highlight all relevant skills and achievements that align with the position you are applying for.

Understand RBC: Get to know their values, mission statement, and objectives.

This will help you understand the type of company they are and also prepare you for interview questions if they decide to quiz you on what you know about their organization.

Utilize Your Connections: If you know anyone who works at RBC, even by way of seeing them when you do your banking, ask them for a referral.

RBC has an employee referral program and not only may the person who refers you get a bonus, your chances of getting hired are higher if you are referred by an existing employee.

Royal Bank of Canada Interview Process

Interviews at RBC begin with a phone screening from which the field is then narrowed down.

Candidates who pass the phone screen are then invited for one or more face-to-face interviews.

Some roles within the company require applicants to complete an assessment or task simulation in order for the hiring manager to gauge their skill level.

Potential for Advancement Within the Royal Bank of Canada

RBC is all about retaining its talent and they offer formal training and development programs to help their employees advance.

Rather than lose a valuable employee to a different financial institution, RBC likes to train and promote internally whenever possible.

All departments offer career paths that advance through the company to ensure their employees don’t get bored or feel stuck.

Performance management reviews are conducted regularly and management assists employees with developing and working towards a career path that satisfies them.

Conclusion

RBC is an amazing opportunity for anyone looking for a new career with a reputable company.

They offer training, benefits, and programs that will keep you satisfied and engaged at work.

Learn more about RBC jobs here and apply today!