2027 Winter - GRM, Model Risk Intern (4 Months)

RBC; Toronto; On-site; CAD 20,000 - 31,000; Full time

Job summary

RBC is offering an internship within Enterprise Model Risk Management (EMRM) to support model review, testing, and assessment. The role works within an agile team to validate models, challenge designs, and deliver project outcomes while collaborating across EMRM.

The position emphasizes analytical thinking, strong Python/R skills, and effective communication. Eligible students must be enrolled in a Canadian post-secondary program and benefit from a supportive, growth-focused environment in

Qualifications

• Currently enrolled at a Canadian post-secondary institution.
• Excellent problem solving and proven analytical skills, with a high degree of initiative.
• Strong programming skills in one or more languages (e.g., Python, R).
• Strong interpersonal and communication skills (verbal and written).
• Ability to work collaboratively to achieve team goals.

Responsibilities

• Validate models and assess their risks as part of an agile team.
• Challenge a model's design, methodology and performance with model owners and users.
• Analyze, deliver, and implement projects and activities.
• Contribute to EMRM beyond your immediate team.
• Seek to improve methods for model assessment.

Skills

Python

R

Analytical skills

Interpersonal skills

Communication skills

Team collaboration

Education

Post-secondary student

Job description

Job Description

What is the opportunity?

Are you interested in the opportunity to work as an Intern at RBC? By applying to this job posting, you will be considered for roles available within RBC's Enterprise Model Risk Management ( EMRM ) team supporting the review, testing, and assessment of models.

What will you do?

• Work as part of an agile team responsible for validating models and assessing their risks
• Support the challenge of a model's design, methodology and performance with the model owners and users
• Analyze, deliver, and implement projects and activities
• Be an active contributor to not only your individual team, but to other areas of EMRM
• Seek to improve ways to do a model's assessment

What do you need to succeed?

Must-have

• Currently enrolled at a Canadian post-secondary institution
• Excellent problem solving and proven analytical skills, with a high degree of initiative
• Strong programming skills in one or more languages (e.g., Python, R, etc.)
• Strong interpersonal and communication skills (verbal and written)
• Ability to work collaboratively to achieve team goals

Nice-to-have

• Knowledge and understanding of financial services industry (Banking, Insurance)
• Knowledge and understanding of model risk and assessment process
• Ability to learn and absorb new concepts (in business and in systems) quickly and apply new knowledge
• Experience working on model development

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.

• Network and build lasting relationships with students from diverse backgrounds from across Canada
• Participate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balance
• Leaders who support your development through coaching and learning opportunities
• Work in a dynamic, collaborative, progressive and highly performing team
• Ability to make a difference and lasting impact
• Enjoy a comfortable work environment with the option to dress casually

Please note:

This posting is for a 4-months Winter 2027 Student placement with a start date of January 2027, and end date of April 2027. In order to be eligible for this 4-months Student position, you must either:

• Be returning back to school after the work term end-date of April 2027 ; or
• If you are not returning back to school (i.e. are graduating in April 2027), you must require the full 4-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 arrangementsfor 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:

180 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:

2026-08-26

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 strides to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.