2027 Capital Markets, Global Equities, AI Engineer (16 Months, Co-op)

0000050599 RBC Dominion Securities Inc.; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

RBC Capital Markets is seeking AI Engineers for an internship on the Algo Research team in Toronto. The 16‑month program runs May 2027 through August 2028, with every participant expected to return to school after completion.

Responsibilities include developing AI‑driven trading algorithms, collaborating with traders and researchers, and analyzing large datasets for insights and visuals. Ideal candidates have strong Python, ML techniques, and data science skills, plus experience with PyTorch,

Qualifications

• Strong Python programming skills and experience with data-focused projects.
• Experience with ML techniques and libraries (PyTorch, Scikit-learn, MLflow) is a plus.
• Ability to work with large datasets and derive actionable insights.
• Good communication skills to convey quantitative concepts.

Responsibilities

• Employ advanced ML techniques to address complex trading related problems.
• Develop and optimize AI-driven trading algorithms/strategies and incorporate them into client-facing applications.
• Collaborate with traders, researchers, and subject matter experts to conceptualize and implement innovative products.
• Analyze large datasets to derive actionable insights and create impactful visualizations.
• Contribute to a variety of high-impact projects spanning multiple asset classes and trading strategies.

Skills

Python

Databases

Scripting

Unix

Data structures

Networking

ML techniques

NumPy

Pandas

Seaborn

Streamlit

Probability

Statistics

Communication

Tools

PyTorch

Scikit-learn

MLflow

Job description

Job Description

RBC Capital Markets is seeking highly skilled and motivated individuals to join our Algo Research team as AI Engineers. Our team is at the forefront of leveraging artificial intelligence and machine learning to develop innovative trade execution algorithms and advanced analytics solutions. This role presents a unique opportunity to contribute to cutting‑edge research and development in quantitative finance, working alongside top‑tier professionals in a dynamic and collaborative environment. We are particularly interested in candidates with strong technical expertise, a passion for data‑driven problem‑solving, and the ability to apply advanced AI techniques to real‑world problems.

Experience in finance is not required. This internship position is 16 months in duration, from May 2027 to August 2028. Students are expected to return to school following the completion of the internship.

What We’re Looking For

• Software Engineering & Programming: Expertise in Python, and knowledge of databases, scripting, Unix systems, data structures, and networking.
• Applied Machine Learning: Proficiency in ML techniques (e.g. Feature Engineering, Loss Function Design, Deep learning, Reinforcement Learning) and tools (e.g. PyTorch, Scikit-learn, MLflow).
• Data Science: Experience working with large datasets to extract insights and create visualizations using libraries like NumPy, Pandas, Seaborn, and Streamlit.
• Probability & Statistics: Strong understanding of probability concepts and statistical methods.
• Communication: Skilled in conveying quantitative concepts to non‑technical stakeholders.

Key Responsibilities

• Employ advanced machine learning techniques to address complex trading related problems.
• Develop and optimize AI‑driven trading algorithms/strategies and incorporate them into client‑facing applications.
• Collaborate with traders, researchers, and subject matter experts to conceptualize and implement innovative products.
• Analyze large datasets to derive actionable insights and create impactful visualizations.
• Contribute to a variety of high‑impact projects spanning multiple asset classes and trading strategies.

Why Join RBC Capital Markets

Be part of a forward‑thinking team at the forefront of AI‑driven innovation in finance. Collaborate with industry‑leading experts on Canada’s largest trade floor. Gain exposure to real‑world applications of artificial intelligence and machine learning in quantitative trading. Thrive in a culture that values innovation, collaboration, and continuous professional development.

Job Details

• Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO City: Toronto Country: Canada
• Work hours/week: 37.5
• Employment Type: Full time
• Platform: CAPITAL MARKETS
• Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-09-14
• Application Deadline: 2026-10-01 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
• Pay Range The expected pay range for this position is: $60,000.00 - $100,000.00 The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. RBC supports pay transparency and we strive to ensure all pay ranges and competitive, fair, and equitable. Your actual pay is determined by a number of factors, including your experience, skills and education.

Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

Royal Bank of Canada is a global financial institution with a purpose‑driven, principles‑led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.