2027 Winter - GRM, Model Risk Intern (4 Months)

About the role

Join RBC's Enterprise Model Risk Management team as a 4-month Winter 2027 intern in Toronto. Support model validation, risk assessment, and collaborate with agile teams to improve model assessment processes.

Role and Responsibilities

• Validate models and assess associated risks within an agile team.
• Challenge model design, methodology, and performance with owners and users.
• Analyze, deliver, and implement projects and activities.
• Contribute actively to individual and broader EMRM team efforts.
• Seek improvements in model assessment methods.

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 in a team environment.

Preferred Qualifications

• Knowledge of financial services industry including banking and insurance.
• Understanding of model risk and assessment processes.
• Quick learner of new business and system concepts.
• Experience in model development.

Program Details

• 4-month student placement from January to April 2027.
• Must return to school after placement or require the term for graduation.
• Located in Ontario for the duration of the work term.
• Full-time, salaried position with 37.5 work hours per week.
• Application deadline: 2026-09-21.

Benefits and Work Environment

• Network with diverse students across Canada.
• Participate in career-building events and gamification challenges.
• Receive coaching and learning opportunities from leaders.
• Work in a dynamic, collaborative, and high-performing team.
• Casual dress code and comfortable work environment.