2027 Winter - GRM, Retail Risk Modeling Analyst Intern (8 Months)

0000050007 Royal Bank of Canada; Toronto; On-site; CAD 25,000 - 30,000; Full time

Job summary

Royal Bank of Canada (RBC) is seeking a Winter 2027 Student in our Integrated Learning/Co-op program in Ontario, primarily Toronto. You will support risk modeling efforts for RBC's lending portfolio, applying ML and analytics to real-time decisions.

You will work on extracting, cleansing, and analyzing data, building prediction models, and documenting results for stakeholders, while gaining exposure to credit risk across cards, home equity, and other products.

Qualifications

• Must be currently enrolled in a related degree (CS, finance, math, statistics or engineering).
• Hands-on SQL and Python coding skills.
• Understanding of statistics, ML and AI techniques for classification and regression.
• Experience with AI tools such as Copilot is a plus.

Responsibilities

• Support in developing and maintaining AI/ML credit risk models for RBC lending lines.
• Extract, clean, and analyze data from multiple sources in a distributed environment.
• Help build prediction systems and present results to non-technical stakeholders.

Skills

Communication

Computer Literacy

Data Analytics

Detail-Oriented

Interpersonal Relationships

Listening Effectively

Machine Learning (ML)

Personal Development

Personal Initiative

Statistics

Education

Currently enrolled in related degree (CS/Finance/Math/Stats/Engineering)

Tools

GitHub

UNIX command line

Hadoop

PySpark

S3

Job description

What is the opportunity?

The Retail Risk Modeling team specializes in leveraging large datasets to generate new insights and make fact-based decisions on how to profitably grow loan originations by balancing risk, pricing, operational efficiency, and customer impact. As a co-op analyst on the team, you will support the team on analyzing, implementing, and testing solutions to support real-time decision making for RBC’s lending business lines (credit cards, home equity financing, various unsecured loans, automotive financing, small business). You will have the opportunity to develop deep understanding of all of RBC's retail banking product offerings through advanced data analytics.

What will you do?

Support in developing and maintaining AI and machine learning credit risk models used in the credit decisions related to RBC’s various lending business lines across all risk spectrums (from prime to subprime). Extract, clean, validate, and analyze usable data from multiple data sources/providers in a distributed compute environment to quantify borrower behavioral patterns and market dynamics. Support the construction of prediction systems through the usage of machine learning tools and advanced statistics to select features, create and optimize classifiers or regression models. Present result in a clear and concise manner for non-technical stakeholders and comprehensive model documentation.

What do you need to succeed?

Must‑have: Currently enrolled in a related degree in computer science, finance, mathematics, statistics, or engineering. Hands‑on SQL and Python coding skills. Understanding of advanced statistical methods, machine learning, and AI techniques for classification and regression tasks. Demonstrated capability with AI tools such as copilot.

Nice to have: Experiences with large datasets and big data/cloud technologies (Hadoop, PySpark, S3). Experience in code sharing and version control solutions (GitHub). Ability to work with UNIX command line.

In order to be eligible for this 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.

Job Skills

• Communication, Computer Literacy, Data Analytics, Detail‑Oriented, Interpersonal Relationships, Listening Effectively, Machine Learning (ML), Personal Development, Personal Initiative, Statistics

Additional Job Details

• Address: RBC WATERPARK PLACE, 88 QUEENS QUAY 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 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.

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