Credit Risk Modeling Analyst

4 days ago


Toronto, Ontario, Canada Royal Bank of Canada Full time
Company Overview
Royal Bank of Canada is a leading financial institution with a strong commitment to innovation and growth. We strive to build inclusive teams and an equitable workplace for our employees to bring their true selves to work.

Salary: $45,000 per year

Job Description
As a Credit Risk Modeling Analyst, you will be part of the Credit Modeling and Methodology team within Enterprise Risk in 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 and IFRS 9 frameworks. Your responsibilities will include developing an understanding of risk data models, generating datasets from internal and external systems, and improving processes to enhance efficiency and accuracy. You will also perform routine and ad hoc tests to identify potential errors and/or anomalies in data and review historical borrower and data records.

Required Skills and Qualifications
- 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, SAS or equivalent
- Attention to details. Good at detecting patterns and anomalies
- Excellent writing skills for documentation to comply with regulatory and audit needs

Benefits
We offer a dynamic, collaborative, progressive and highly performing team environment. As a Credit Risk Modeling Analyst, you will have the opportunity to network and build lasting relationships with students from diverse backgrounds from across Canada. You will also participate in fun events and gamification challenges to help build your career toolkit while enjoying a work-life balance. Our leaders support your development through coaching and learning opportunities, and you will have the chance to make a difference and lasting impact.

Others
Please note that this posting is for a 4-months Student placement with a start date of May 2025, and end date of August 2025. To be eligible for this position, you must either be returning back to school after the work term end-date of August 2025 or require the full 4-months work term as a mandatory component to graduate successfully.
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