Job Description 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 agile, 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.
Additional Job Details 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.
Job Skills Communication, Computer Literacy, Detail‑Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: GROUP RISK MANAGEMENT
Job Type: Student/Coop (Fixed Term)
Pay Type: Salaried
Posted Date: 2026-08-17
Application Deadline: 2026-09-21
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.
Join our Talent Community Stay in‑the‑know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well‑being of our clients and communities at jobs.rbc.com.
Additional Context Royal Bank of Canada is a global financial institution with a purpose‑driven, principles‑led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

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📌 Winter 2027 - GRM, CMM Analyst Intern (4 Months) (Ontario)
🏢 0000050007 Royal Bank of Canada
📍 Ontario