2027 Winter - GRM, Data Scientist Intern (8 Months)

0000050007 Royal Bank of Canada; Toronto; On-site; CAD 47,000 - 54,000; Full time

Benefits offered by this job

Total rewards

Bonuses

Stock where applicable

Job summary

Royal Bank of Canada in Ontario is seeking a GRM Data Scientist Intern for an 8‑month winter 2027 student placement. You will develop and maintain AML/ATF transaction monitoring solutions using ML, NLP, and network analysis to identify elevated risk and provide actionable insights.

You’ll collaborate with the AML Analytics team, present models with visualizations to leadership, and help advance AI-enabled monitoring.

Qualifications

• Strong data, analytical, quantitative method and problem-solving skills.
• Experience with supervised/unsupervised learning, network analysis, and NLP.
• Excellent written and oral communication to convey complex concepts.

Responsibilities

• Enhance AML Analytics solutions with advanced network analysis features.
• Develop new AML Transaction Monitoring solutions with ML and data science techniques.
• Explore network analysis techniques and apply them to AML monitoring.
• Present models with clear visualizations to the Director, AML Analytics.
• Collaborate with AML Analytics and other teams to address risk and prioritize monitoring solution development.

Skills

Python programming

Data analysis

Statistical methods

Problem solving

Communication

Education

University student in data science/analytics

Tools

Python

SQL databases

GitHub

NLP libraries

Job description

Job Description

What is the opportunity? The GRM Data Scientist Intern is mandated to develop and maintain an efficient and effective AML/ATF Transaction Monitoring program that considers regulatory expectations, industry trends and innovation opportunities. Utilizing sophisticated tools and techniques the GRM Data Scientist Intern will develop and tune new and existing solutions used to identify suspicious activity, analyze data to identify RBC clients who present an elevated level of risk (financial & reputational) and continuously look for opportunities to provide more relevant and valuable intelligence to the Global AML program.

What will you do?

• Enhance AML Analytics solutions with advanced network analysis features
• Develop new AML Transaction Monitoring solutions with machine learning and data science techniques
• Explore Network Analysis techniques and methodologies and apply them to AML monitoring
• Present newly developed models with clear visualizations to the Director, AML Analytics
• Identify opportunities in applying new technologies to AML analytics
• Use and remain updated in AI-assisted workflows and tools and their applications in developing solutions
• Develop required documentation and monitoring methodology for models
• Provide recommendations to the Director, AML Analytics on any findings of model performance
• Collaborate with the Director, AML Analytics to prioritize development of monitoring solutions
• Collaborate with other Monitoring & Analytics teams to identify and remediate RBC risk exposure, and implement / tune transaction monitoring solutions as necessary to address risk
• Collaborate with business partners, industry peers and external vendors to improve effectiveness and efficiency of transaction monitoring program
• Identifying industry best practices and new technologies for strategic consideration by the AML Monitoring and AML Governance Committee

What do you need to succeed?

• Must have Strong data, analytical, quantitative method and problem-solving skills
• Expertise in analyzing and manipulating large datasets with Python
• Proficiency and familiarity with different SQL databases and GitHub
• Experience in using data visualizations to elaborate model performance with Python
• Understands project’s needs and ability to translate these into detection models
• Experience with supervised and unsupervised learning, network analysis, and NLP
• Proven excellent written and oral communication skills to convey complex concepts to a non-technical audience

What’s in it for you?

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 success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Please note: This posting is for a 8-months Winter 2027 Student placement with a start date of January 2027, and end date of August 2027. In order to be eligible for this 8-months Student position, you must either: Be returning back to school after the work term end-date of August 2027; or If you are not returning back to school (i.e. are graduating in August 2027), you must require the full 8-months work term as a mandatory component to in order to graduate successfully. Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.

RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

ET27 Job Skills

• Communication
• Computer Literacy
• Detail-Oriented
• Interpersonal Relationships
• Listening Effectively
• Personal Development
• Personal Initiative

Additional Job Details

• Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada
• Work hours/week: 37.5
• Employment Type: Full time
• Platform: GROUP RISK MANAGEMENT
• Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-08-18
• Application Deadline: 2026-09-21
• Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

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.