**Job Summary**
Participates in and supports the operational activities of a business unit. Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.

**What is the opportunity?**
We are the Credit Modeling and Methodology team within Enterprise Risk in Group Risk Management (GRM). Our team provides data support to the modeling team in the development of credit risk models by ensuring accurate, consistent, and regulatory compliant data is used in credit risk modeling, particularly for AIRB (Advanced Internal Ratings-Based) and IFRS 9 frameworks. Our team also oversees the quarterly monitoring process to ensure the performance of the models is closely monitored and in compliance with regulatory reporting requirements. The successful candidate will assist our team in executing our mandates and further developing the programs.

**What will you do?**
- Develop understanding of risk data models, data infrastructure, and IT systems.
- Generate datasets from internal and external systems, data warehouses, and data providers using advanced programming and data management skills for use in risk modeling, regulatory compliance, and management reporting.
- Improve processes, procedures, and frameworks to enhance efficiency, accuracy, and visibility.
- Perform routine and ad hoc tests to identify potential errors and/or anomalies in data, completing ‘root cause’ analysis and investigation of data quality issues, and following up with respective data sources/owners to resolve data quality issues.
- Review historical borrower and data records, and document required updates and support data remediation.
- Develop and maintain documentation in alignment with established governance and compliance standards.

**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, or machine learning.
- Programming skills in Python, SQL, SAS, or equivalent.
- Attention to detail and 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?**
- Opportunity to network and build lasting relationships with students from diverse backgrounds across Canada.
- Participate in fun events and gamification challenges to help build your career toolkit while maintaining work-life balance.
- Leadership support for your development through coaching and learning opportunities.
- An opportunity to work in a dynamic, collaborative, progressive, and high-performing team.
- A comfortable work environment with the option to dress casually.

**Additional Information:**
This posting is for a 4-month Summer 2025 Student placement with a start date of May 2025 and an end date of August 2025. To be eligible for this position, you must meet the following criteria:
- Be returning to school after the work term ending August 2025; or
- If graduating in August 2025, you must require the full 4-month work term as a mandatory component to graduate successfully.

Please ensure that you meet these eligibility requirements before applying. Applications will be accepted on a rolling basis, but the formal application deadline is January 19, 2025. If you are selected to progress, someone from our team will reach out directly with further instructions.

**Location:**
RBC CENTRE, 155 WELLINGTON ST W, TORONTO, Ontario, Canada
**Work hours/week:** 37.5
**Employment Type:** Full-time
**Job Type:** Student/Coop (Fixed Term)
**Posted Date:** December 13, 2024
**Application Deadline:** January 19, 2025

RBC is committed to supporting flexible work arrangements when and where available. The successful candidate will be required to be located within Ontario for the duration of the work term.

**Inclusion and Equal Opportunity Employment:**
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for all employees. We strive to provide an accessible candidate experience and encourage individuals with different abilities to apply.

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