2026 Summer - GRM, Analyst - PCL Forecasting Intern (4 Months)

Job DescriptionWhat is the opportunity?We are seeking a highly motivated and detail-oriented individual to join our team as a GRM Analyst, PCL Forecasting Intern. This role will assist in the design and implementation of enhancements to the IFRS 9 expected credit loss forecasts produced by the Credit Provisioning, Analysis, and Measurement team.What will you do?Assist in designing and implementing enhancements to IFRS 9 Expected Credit Loss forecasts to incorporate macroeconomic forecastsSimplify and streamline models for faster reporting, including automation initiativesPartner with Platform Risk and Financial Control teams to understand requirements and develop solutionsDevelop an understanding of stakeholder requirements and propose, define, and implement solutionsDevelop preventative controls to ensure accuracy of inputs, transformations, and outputs of modelsLeverage mathematical, modeling, coding, and IT knowledge (SAS/Python) to analyze requirements related to credit risk measurement systemsPerform testing and quality control procedures to ensure completeness and accuracy of data transformations and outputsPrepare and maintain documentations relating to model methodology, processes, testing procedures, and controlsWhat do you need to succeed?Must-have:Currently enrolled at a Canadian post-secondary institution with a focus on data science, computer science, mathematics, statistics, machine learningLeadership acumen and a passion to apply it in a dynamic business environment Excellent interpersonal and highly developed communication skills (verbal and written)Creative and analytical thinker who is self-driven and capable of working in a fast paced environmentExperience or understanding of open-source software frameworks (Hadoop), data visualization tools (Tableau and Splunk), and databases (SQL and/or VBA)Programming skills in one or more languages (ex. Python, R)Ability to data extract, transform, and load processes with a variety of data typesAbility to perform complex data analysis on large volumes of data and present findings to stakeholdersStrong MS Office skills – Word, Outlook, Excel and PowerPointNice-to-have:Knowledge of design, development, and implementation utilizing current analytics technologies and architecture, as well as data warehouse concepts and methodologiesRelational database concepts and design experienceAbility to learn and absorb new concepts (in business and in systems) quickly and apply new knowledgeWhat’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.Network and build lasting relationships with students from diverse backgrounds from across CanadaParticipate in fun events and gamification challenges to help build your career tool kit while enjoying a work-life balanceLeaders who support your development through coaching and learning opportunitiesWork in a dynamic, collaborative, progressive and highly performing teamAbility to make a difference and lasting impactEnjoy a comfortable work environmentPlease note: This posting is for a 4-months Summer 2026 Student placement with a start date of May 2026, and end date of August 2026. In order to be eligible for this 4-months Student position, you must either:Be returning back to school after the work term end-date of August 2026 ; orIf 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.Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.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 January 16, 2026. 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.RBC is committed to supporting flexible work arrangements when and where available. 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.ET26Job SkillsCommunication, Documentations, Forecasting, Forecasting Models, IFRS 9, IT Problem Solving, Macroeconomics, Problem Solving, Project Management, Python (Programming Language), Quality Control (QC), Risk Measurement, SAS, Solutions Development, TeamworkAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:Student/Coop (Fixed Term)Pay Type:SalariedPosted Date:2025-12-16Application Deadline:2026-01-18Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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.