Retail Risk Modeling Summer Intern - GRM
Royal Bank of Canada,
Duration
- May 2026 - August 2026
The Position
As a co-op analyst on the team, you will support the team on analyzing, implementing, and testing solutions to support real-time decision making for RBC’s lending business lines (credit cards, home equity financing, various unsecured loans, automotive financing, small business). You will have the opportunity to develop deep understanding of all of RBC's retail banking product offerings through advanced data analytics.
Responsibilities
- Support in developing and maintaining credit risk models used in the credit decisions related to RBC’s various lending business lines across all risk spectrums (from prime to subprime).
- Extract, clean, validate, and analyze usable data from multiple data sources/providers to quantify borrower behavioral patterns and market dynamics.
- Support the construction of prediction systems through the usage of machine learning tools and advanced statistics to select features, create and optimize classifiers or regression models.
- Present result in a clear and concise manner for non-technical stakeholders and comprehensive model documentation.
Requirements
- Currently enrolled in a related degree in computer science, finance, mathematics, statistics, or engineering.
- Hands-on SQL and Python coding skills.
- Understanding of advanced statistical methods and machine learning techniques for classification and regression tasks.
- 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.
Nice To Haves
- Experiences with large datasets and big data/cloud technologies (Hadoop, PySpark, S3).
- Experience in code sharing and version control solutions (GitHub).
- Ability to work with UNIX command line.
Company
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.
