Data Scientist (Applied AI)

RBC; Minneapolis (MN); On-site; USD 80,000 - 140,000; Full time

Benefits offered by this job

Competitive compensation

401(k) with company matching

Health, dental, vision insurance

Paid time off

Career development

Client-facing collaboration

Job summary

RBC is seeking a Data Scientist to solve problems and build ML applications within the US Wealth Management Applied AI team in Minneapolis. You will work on causal inference, time-series forecasting, predictive marketing, and model interpretation, collaborating with business partners to deliver actionable data-driven solutions.

You will develop, deploy and monitor statistical models, transform data, and communicate insights to executives.

Qualifications

• Master's or PhD in Computer Science, Statistics, Mathematics, or Physics.
• 2-3 years of experience in data solutions and applying data techniques.
• 3+ years of experience in machine learning, predictive analytics, and statistical modeling.
• Experience with causal inference and experimentation, time-series forecasting, predictive marketing and advertising, and model interpretation.

Responsibilities

• Collaborate with key business partners to understand objectives and problem statements to deliver actionable solutions.
• Prepare, analyze, and transform data from structured and unstructured sources.
• Develop, implement, and deploy statistical and ML models at scale.
• Use visualization tools to convey insights and recommendations to stakeholders.
• Learn new methods and tools from research communities to implement and innovate.
• Communicate findings to technical and business audiences.
• Develop predictive data models and visualizations of large data sources.
• Assist senior data scientists through ML lifecycle stages.
• Perform offline model evaluation and validation.
• Build dashboards and convey insights to stakeholders.
• Monitor production models for drift and performance.
• Document experiments and support AI governance.
• Present findings to technical and business audiences.

Skills

Machine Learning

Data Analysis

Statistical Modeling

Experimentation

Causal Inference

Time-Series

Education

Master's or PhD in Computer Science, Statistics, Mathematics, or Physics

Tools

sklearn

tensorflow

pytorch

pandas

pySpark

scala Spark

SQL

Hive

Job description

Job Description

What is the opportunity?

As a Data Scientist you will problem solve, analyze, design, implement and monitor machine learning applications using state of the art tools and algorithms. As part of the US Wealth Management Applied AI team, your day-to-day work will include many exciting fields in applied statistics and machine learning, including causal inference and experimentation, time-series forecasting, predictive marketing and advertising, and model interpretation.

What will you do?

• Collaborate with key business partners and stakeholders to understand business objectives/opportunities and problem statements in order to provide solutions that align to business needs that are actionable with a tangible outcome
• Prepare, analyze, and transform data from structured and unstructured sources
• Develop, implement, and deploy statistical and ML models at scale
• Leverage visualization tools/packages to story-tell and to convey data-driven insights with actionable recommendations to key stakeholders
• Quickly learn new methods, tools and technologies presented in research communities to implement, adapt and innovate
• Effectively communicate findings to business partners and executives.
• Developing predictive data models, quantitative analyses and visualization of targeted, big data sources.
• Assist Senior Data Scientists throughout the ML lifecycle.
• Perform offline model evaluation and validation.
• Build dashboards and communicate insights.
• Monitor production models for drift and performance.
• Document experiments and support AI governance.
• Present findings to technical and business stakeholders.

What do you need to succeed?

Must have:

• Master's or PhD in Computer Science, Statistics, Mathematics, or Physics
• 2-3 years of experience in data solutions and applying data techniques.
• Strong knowledge of design, development, and implementation experience utilizing data science technologies.
• 3+ years of experience in machine learning, predictive analytics, and statistical modeling.
• Experience with causal inference and experimentation, time-series forecasting, predictive marketing and advertising, and model interpretation.
• Experience with libraries such as:
  • ML/DL: sklearn, tensorflow, pytorch
  • Analysis: pandas, pySpark, scala Spark, SQL, Hive
• Excellent analytical, problem solving, time management and organizational skills.
• Experience delivering presentations to wide audiences, both technical and non-technical.
• Basic understanding of Generative AI and LLMs.
• Familiarity with RAG concepts.
• Experience using OpenAI, Claude, Gemini, or Azure OpenAI APIs.
• Understanding of prompt engineering.
• Ability to evaluate LLM outputs.
• Awareness of hallucinations and responsible AI.

Nice-to-have:

• Good understanding of AWS Big Data services such as Amazon S3, EMR and Glue; and ML capabilities including Sagemaker
• Experienced with Jupyter Notebooks, IntelliJ, Visual Studio Code other notebook environments
• Experience with visualization tools such as Tableau, QuickSight, Looker
• Experience working in Unix/Linux environments
• Experience working as part of an agile team using Github and JIRA
• Experience with digital data collection tools such as Google Analytics
• Exposure to Snowflake, Databricks, Sparr, Power BI or Tableau.
• MLflow, NLP, embeddings, semantic sea
• Feature stores and model monitoring. REST APIs and FastAPI

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 includes competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $80,000-$140,000 depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generate sustainable shareholder returns and above market shareholder value

Job Skills

Actuarial Modeling, Big Data Management, Commercial Acumen, Data Mining, Data Science, Decision Making, Machine Learning (ML), Natural Language Processing (NLP), Predictive Analytics, Python (Programming Language)

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-07

Application Deadline:

2026-08-28

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.