Applied AI Scientist

Job Description

What is the opportunity?

Wealth Management Data & AI is responsible for delivering a global data foundation and innovative AI capabilities across all of Wealth Management's global businesses.

Complementing our existing Data & AI roadmap, we're building an applied AI lab, with a mandate to explore breakthrough AI methods and turn them into testable prototypes and capabilities to support our 6,000 wealth management professionals globally.

We are looking to hire an awesome Applied AI Scientist to help us apply novel AI technologies to wealth advisory. You'll use your AI and ML skills, and research background, to explore and build prototypes that will elevate the client experience and advisor productivity—reshaping the competitive landscape of wealth advisory services globally.

What will you do?

• Develop novel AI solutions that will power impactful products for wealth management advisors and their clients

• Lead projects on applying machine learning techniques to focused, practical wealth management applications

• Conceptualize future wealth management business needs into testable algorithmic solutions to drive the next generation of advisor experiences

• Stay current with emerging AI technologies, including LLMs, generative and agentic AI, as well as new AI methodologies, and incorporate them into the lab's toolbox

• Contribute to a growing culture of innovation by experimenting boldly with high-risk, high-reward approaches while maintaining an advisor-in-the-loop focus

What do you need to succeed?

Must Have:

• Passion for solving open problems in real-world contexts using data and mathematical techniques, and learning and sharing about new approaches and developments in AI

• Master's degree (or similar) in computer science, statistics, AI/machine learning, quantitative psychology, or another quantitative field

• 4–8 years of experience in AI/ML/data science, including a combination of graduate training, academia, public sector, and/or industry experience

• Proven ability to independently drive the AI/ML innovation process, including problem abstraction, solution design, integration of mixed data sources, data understanding, model training, model evaluation, and model validation

• Proficiency in Python, and common packages/tools such as NumPy, JAX, PyTorch, TensorFlow, GitHub, Streamlit

• Experience building proofs-of-concept and prototypes to demonstrate novel concepts in practical application contexts

• Strong communication skills and the ability to explain complex AI concepts to both technical and non-technical audiences

Nice to Have

• Collaborative innovation experience in cross-functional teams

• Knowledge of financial services or wealth management

• Experience with cloud platforms (e.g., AWS, Snowflake) and MLOps

• Experience with deep learning LLMs, GenAI, Agentic AI

• Academic publications demonstrating contributions in AI/ML topics

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

• 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

• A world-class training program in financial services

• Flexible work/life balance options

• Opportunities to do challenging work

#LI-Post

#TechPJ

Job Skills

Data Science, Decision Making, Deep Learning, Emerging Technologies, Group Problem Solving, Machine Learning, Multi-Level Communication, Programming Languages

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.

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