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

What is the opportunity?

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.

What will you do?

• 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

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, 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.

• 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

Job Skills

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

Please note: This posting is for a 4-months Winter 2027 Student placement with a start date of January 2027, and end date of April 2027. 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 2027 ; or
• If you are not returning back to school (i.e. are graduating in April 2027), 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 20, 2026. 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.

ET27

Job Skills

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)Salaried2026-08-172026-09-21

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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.