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

About the role

Join RBC as a Quantitative Risk Intern for 4 months starting January 2027. Support quantitative model development, risk analysis, and automation using AI and advanced analytics in market and credit risk management.

Role and Responsibilities

• Support analysis and development of quantitative risk models for internal risk management.
• Assist with capital markets trading and investment portfolio risk across asset classes.
• Collaborate with business and risk teams on risk scenario design and data quality control.
• Evaluate and develop market data and scenario generation methodologies.
• Track model performance and identify optimization opportunities.
• Drive automation and standardization of risk analysis infrastructure.

Technology and Innovation

• Implement emerging technologies including machine learning and AI to enhance data validation.
• Develop and automate risk analysis tools to improve efficiency and consistency.
• Lead cross-functional agile teams to deliver risk and analytics solutions aligned with business priorities.

Must-Have Qualifications

• Experience in data analysis or quantitative analytics.
• Knowledge of traded products across various asset classes.
• Strong analytical and independent problem-solving skills.
• Proficient programming skills in Python or equivalent.
• Experience with data management and visualization tools like SQL and Tableau.
• Effective collaboration and communication skills.

Nice-to-Have Qualifications

• Experience in trading or risk modeling roles.
• Ability to develop statistical models using large-scale time series data.
• Knowledge of current analytics technologies and architectural frameworks.

Program Details and Eligibility

• 4-month student placement from January to April 2027 in Toronto, Ontario.
• Must be returning to school after April 2027 or require the full 4-month term to graduate.
• Full-time, salaried position with 37.5 work hours per week.
• Application deadline: 2026-09-21.