2025 Winter - GRM, PM&CS - Risk Modelling and Machine Learning Intern (4 Months) (rbc)

Job Description

Responsible for assisting in managing, monitoring and building predictive risk models that support retail and small business Credit Strategies in Personal & Commercial banking. The candidate will have the opportunity to explore the latest machine learning algorithms and develop models on state of the art distributed computing infrastructure.

 What is the opportunity?

Responsible for assisting in managing, monitoring and building predictive risk models that support retail and small business Credit Strategies in Personal & Commercial banking. The candidate will have the opportunity to explore the latest machine learning algorithms and develop models on state of the art distributed computing infrastructure.

What will you do?

• Assist in developing predictive risk models that support credit decisions in Portfolio Management and Credit Strategies (adjudication, account management and collection)
• Assist in resolving issues raised by independent validation, Internal Audit and ongoing model monitoring
• Assist with documentation related to existing models (annual assessment and re-validation, model updates)
• Assist with monitoring existing models, identifying potential weaknesses and limitations, conduct deep dives if necessary
• Explore and leverage best practices in model development and management
• Provide input into decision making process on technical details around the modeling solution, development, ongoing management and deployment of models

What do you need to succeed?

Must-have

• Currently enrolled at a Canadian post-secondary institution with a focus on data science, computer science, mathematics, statistics, machine learning
• Advanced Programming skills in Python and SQL
• Experience or understanding of distributed computing (Hadoop and Spark) and relational databases (Teradata, SQLite, MySQL and similar)
View Orignal JOB on: italents.net
• Ability to data extract, transform, and load processes with a variety of data types
• Excellent interpersonal and highly developed communication skills (verbal and written)
•  Creative and analytical thinker who is self-driven and capable of working in a fast paced environment
• Ability to perform complex data analysis on large volumes of data and present findings to stakeholders
• Strong MS Office skills – Word, Outlook, Excel and PowerPoint

 Nice-to-have

• Proficient in building statistical and algorithmic models with complex and large datasets, including but not limited to: supervised statistical learning, clustering, times-series analysis, experimental design (A/B testing), data visualization, deep learning
• Knowledge of design, development, and implementation utilizing current analytics technologies and architecture, as well as data warehouse concepts and methodologies
• Relational database concepts and design experience
• Ability to learn and absorb new concepts (in business and in systems) quickly and apply new knowledge

Please note: This posting is for a 4-months Winter 2025 Student placement with a start date of January 2025, and end date of April 2025. 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 2025 ; or
• If you are not returning back to school (i.e. are graduating in April 2025), 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.

We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 29, 2025. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.

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.

ET25

Job Skills

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

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTStudent/Coop (Fixed Term)Salaried2024-08-262024-09-29