Research Scientist (AI), Enterprise Model Risk Mgmt – 8 Months (Winter 2022 Student)

Job title: Research Scientist (AI), Enterprise Model Risk Mgmt – 8 Months (Winter 2022 Student)

Job description: What is the opportunity?

Please Note: this is an 8 month student opportunity.

RBC is a global leader in applying Artificial Intelligence (AI) in various aspects of banking in order to creat value for our clients; from advice center chatbots and intlligent mobile app features in personal banking to AI- powered algorithmic trading agents in capital markets. A failure to effectively prepare for and manage emerging model risk related to AI would subject RBC to unwarranted potential financial, regulatory, and reputational risks.

The Enterprise Model Risk Management (EMRM)- AI model validation team within the RBC Group Risk Management is mandated with quantification and management of the potential model risk arising from deploying AI powered techologies across the bank.

The Research Scientist (AI Model Validation) Student will be working closely with the senior AI-scientists and risk managers to further develop the bank’s model risk framework for testing and monitoring of Machine Learning models. The role will provide a unique opportunity to get exposure to cutting edge techniques employed by a leading financial institution in validation and testing of AI models.

What will you do?

• Research and implement novel machine learning & statistical models/approaches across multiple industries working with cross-functional business teams
• Establish scalable, efficient, automated processes for large scale data analysis, model development and validation

What do you need to succeed?

Must Have:

• Progress towards a PhD or M.Sc. degree in Statistics, Applied Mathematics, Econometrics, Computer Science, Electrical Engineering, Physics, Quantitative Finance,
• Proficient programming skills in Python/R and SQL
• Familiarity with popular ML frameworks and libraries (Scikit Learn SciPy, Pytorch, Keras, Tensorflow)
• Comfortable with command line tools in a Linux or Windows environment e.g. Linux (bash, Powershell, ssh, etc)

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.

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

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 September 10, 2021. 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.

While there is no one date when our employees will return, we can confirm that the majority of the Integrated Learning | Co-op positions will start working remotely, however may transition to working at an RBC office as essential service restrictions are lifted.

HO2020

OAA2020

TAD2020

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit .

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 .

Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

Click Here to Apply

Source: