What is the opportunity?
We are seeking a highly motivated and detail-oriented individual to join our team as a GRM Analyst, PCL Forecasting Intern. This role will assist in the design and implementation of enhancements to the IFRS 9 expected credit loss forecasts produced by the Credit Provisioning, Analysis, and Measurement team.
What will you do?
- Assist in designing and implementing enhancements to IFRS 9 Expected Credit Loss forecasts to incorporate macroeconomic forecasts
- Simplify and streamline models for faster reporting, including automation initiatives
- Partner with Platform Risk and Financial Control teams to understand requirements and develop solutions
- Develop an understanding of stakeholder requirements and propose, define, and implement solutions
- Develop preventative controls to ensure accuracy of inputs, transformations, and outputs of models
- Leverage mathematical, modeling, coding, and IT knowledge (SAS/Python) to analyze requirements related to credit risk measurement systems
- Perform testing and quality control procedures to ensure completeness and accuracy of data transformations and outputs
- Prepare and maintain documentations relating to model methodology, processes, testing procedures, and controls
What do you need to succeed?
Must-have:
- Currently enrolled at a Canadian post-secondary institution with a focus on data science, computer science, mathematics, statistics, machine learning
- Leadership acumen and a passion to apply it in a dynamic business environment Excellent interpersonal and highly developed communication skills (verbal and written)
- Creative and analytical thinker who is self-driven and capable of working in a fast paced environment
- Experience or understanding of open-source software frameworks (Hadoop), data visualization tools (Tableau and Splunk), and databases (SQL and/or VBA)
- Programming skills in one or more languages (ex. Python, R)
- Ability to data extract, transform, and load processes with a variety of data types
- Ability to perform complex data analysis on large volumes of data and present findings to stakeholders
- Strong MS Office skills – Word, Outlook, Excel and PowerPoint
Nice-to-have:
- Knowledge of design, development, and implementation utilizing current analytics technologies and architecture, as well as data warehouse concepts and methodologies
- Relational database concepts and design experience
- Ability to learn and absorb new concepts (in business and in systems) quickly and apply new knowledge
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
Please note: This posting is for a 4-months Summer 2026 Student placement with a start date of May 2026, and end date of August 2026. 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 2026 ; or
- If you are not returning back to school (i.e. are graduating in August 2026), 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 16, 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.
ET26
Communication, Documentations, Forecasting, Forecasting Models, IFRS 9, IT Problem Solving, Macroeconomics, Problem Solving, Project Management, Python (Programming Language), Quality Control (QC), Risk Measurement, SAS, Solutions Development, Teamwork
Additional Job Details
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
Toronto
Canada
37.5
Full time
GROUP RISK MANAGEMENT
Student/Coop (Fixed Term)
Salaried
2025-12-16
2026-01-18
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At 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.
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