RB
Royal Bank of CanadaTorontoInternship
2026 Fall - GRM, Model Risk Intern (4 Months)
Join RBC's Enterprise Model Risk Management team as a Fall 2026 intern to support model validation and risk assessment. This 4-month internship in Toronto offers hands-on experience in model review, testing, and collaborative project work within a dynamic team environment.
1
Role and Responsibilities
- Validate models and assess associated risks as part of an agile team.
- Challenge model design, methodology, and performance with owners and users.
- Analyze, deliver, and implement projects and activities related to model risk.
- Contribute actively to the individual team and other areas of EMRM.
- Seek continuous improvement in model assessment processes.
2
Requirements
- Currently enrolled at a Canadian post-secondary institution.
- Strong problem-solving and analytical skills with high initiative.
- Proficient in programming languages such as Python or R.
- Excellent verbal and written communication skills.
- Ability to collaborate effectively to achieve team goals.
3
Preferred Qualifications
- Knowledge of financial services industry including banking and insurance.
- Understanding of model risk and assessment processes.
- Quick learner with ability to absorb new business and system concepts.
- Experience in model development is an asset.
4
Program Details
- 4-month student placement from September to December 2026.
- Must return to school after internship or require full 4-month term to graduate.
- Located in Ontario with flexible work arrangements discussed with manager.
- Full-time position with 37.5 hours per week.
- Salaried internship with application deadline on 2026-05-18.