Winter 2027 - GRM, CMM Analyst Intern (4 Months)

RBC • Toronto, ON

1d • Onsite

About The Position

Join the Credit Modeling and Methodology team within Enterprise Risk and Group Risk Management (GRM), where you will play a critical role in developing, validating, and maintaining advanced credit risk models that drive enterprise-wide decision-making and regulatory compliance. Our team is responsible for designing and implementing sophisticated credit risk frameworks, including Advanced Internal Ratings-Based (AIRB) and IFRS 9 models. We also lead quarterly monitoring and performance reviews to ensure our models remain accurate, compliant with regulatory requirements, and aligned with RBC's risk appetite.

Requirements

• Currently enrolled at a Canadian post-secondary institution with a focus on data science, computer science, mathematics, statistics, machine learning
• Programming skills in Python, SQL, or equivalent.
• Attention to details. Good at detecting patterns and anomalies.
• Excellent writing skills for documentation to comply with regulatory and audit needs.
• Ability to work independently and/or in a team setting to handle projects and assignments with a high degree of ambiguity.

Nice To Haves

• Knowledge of Banking and commercial lending products
• Knowledge of processing or manipulating large data sets efficiently

Responsibilities

• Support AIRB PD, LGD and EAD validation remediation through data reconciliation, issue analysis, and documentation.
• Contribute to quarterly model monitoring and validation processes
• Assist in ensuring regulatory compliance and reporting accuracy
• Help advance our modeling programs to meet evolving business and regulatory needs
• Work alongside a team of experienced credit risk professionals

Benefits

• Build understanding of wholesale credit risk models, data infrastructure, and regulatory requirements.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed