2025 Summer - GRM, Credit Risk Data Analyst Intern (4 Months)

Participates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.

What is the opportunity?

We are Credit Modeling and Methodology team within Enterprise Risk in GRM (Group Risk Management). Our team provides data support to the modeling team in the development of credit risk models by ensuring accurate, consistent, and regulatory compliant data is used in credit risk modeling, particularly for AIRB (Advanced Internal Ratings-Based) and IFRS 9 frameworks. Our team also oversees the quarterly monitoring process to ensure the performance of the models is closely monitored and in compliance with regulatory reporting requirements. The successful candidate will assist our team executing our mandates and further developing the programs.

What will you do?

• Develop understanding of risk data models, data infrastructure and IT systems
• Generate datasets from internal and external systems, data warehouses & data providers - using advanced programming and data management skills - for use in risk modelling, regulatory compliance, and management reporting.
• Improve processes, procedures, and frameworks to enhance efficiency and accuracy and visibility.
• Perform routine and ad hoc tests to identify potential errors and/or anomalies in data, completing 'root cause' analysis & investigation of data quality issues, and following up with respective data sources/owners to resolve data quality issues.
• Review historical borrower and data records, and document required updates and support data remediation.
• Develop and maintain documentation in alignment with established governance and compliance standards.

What do you need to succeed?

Must-Haves

• 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, SAS 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

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 Summer 2025 Student placement with a start date of May 2025, and end date of August 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 August 2025 ; or
• If you are not returning back to school (i.e. are graduating in August 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 January 19, 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

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

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTStudent/Coop (Fixed Term)Salaried2024-12-132025-01-19

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment