Royal Bank of Canada

Data Scientist (Applied AI)

Royal Bank of Canada$80K — $140K *
Enterprise Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's or PhD in Computer Science, Statistics, Mathematics, or Physics
  • 2-3 years of experience in data solutions and applying data techniques
  • 3+ years of experience in machine learning, predictive analytics, and statistical modeling
  • Strong knowledge of data science technologies
  • Experience with libraries such as sklearn, tensorflow, and pandas
  • Basic understanding of Generative AI and LLMs
  • Experience delivering presentations to both technical and non-technical audiences

Responsibilities

  • Collaborate with business partners to identify objectives and provide actionable solutions
  • Prepare and analyze data from various sources
  • Develop, implement, and scale statistical and machine learning models
  • Use visualization tools to communicate insights and recommendations
  • Quickly learn and adapt new methods and tools
  • Monitor production models for performance and drift
  • Assist Senior Data Scientists throughout the ML lifecycle

Benefits

  • Comprehensive Total Rewards Program with competitive compensation
  • 401(k) with company-matching contributions
  • Health, dental, vision, life, and disability insurance
  • Opportunities for professional development and coaching
  • Dynamic and collaborative team environment
  • Challenging work with opportunities to build client relationships
Full Job Description
Job Description

WHAT IS THE OPPORTUNITY?

As a Data Scientist you will problem solve, analyze, design, implement and monitor machine learning applications using state of the art tools and algorithms. As part of the US Wealth Management Applied AI team, your day-to-day work will include many exciting fields in applied statistics and machine learning, including causal inference and experimentation, time-series forecasting, predictive marketing and advertising, and model interpretation.

WHAT WILL YOU DO?
  • Collaborate with key business partners and stakeholders to understand business objectives/opportunities and problem statements in order to provide solutions that align to business needs that are actionable with a tangible outcome
  • Prepare, analyze, and transform data from structured and unstructured sources
  • Develop, implement, and deploy statistical and ML models at scale
  • Leverage visualization tools/packages to story-tell and to convey data-driven insights with actionable recommendations to key stakeholders
  • Quickly learn new methods, tools and technologies presented in research communities to implement, adapt and innovate
  • Effectively communicate findings to business partners and executives.
  • Developing predictive data models, quantitative analyses and visualization of targeted, big data sources.
  • Assist Senior Data Scientists throughout the ML lifecycle.
  • Perform offline model evaluation and validation.
  • Build dashboards and communicate insights.
  • Monitor production models for drift and performance.
  • Document experiments and support AI governance.
  • Present findings to technical and business stakeholders.


WHAT DO YOU NEED TO SUCCEED?

Must have:
  • Master's or PhD in Computer Science, Statistics, Mathematics, or Physics
  • 2-3 years of experience in data solutions and applying data techniques.
  • Strong knowledge of design, development, and implementation experience utilizing data science technologies.
  • 3+ years of experience in machine learning, predictive analytics, and statistical modeling.
  • Experience with causal inference and experimentation, time-series forecasting, predictive marketing and advertising, and model interpretation.
  • Experience with libraries such as:
    • ML/DL: sklearn, tensorflow, pytorch
    • Analysis: pandas, pySpark, scala Spark, SQL, Hive
  • Excellent analytical, problem solving, time management and organizational skills.
  • Experience delivering presentations to wide audiences, both technical and non-technical.
  • Basic understanding of Generative AI and LLMs.
  • Familiarity with RAG concepts.
  • Experience using OpenAI, Claude, Gemini, or Azure OpenAI APIs.
  • Understanding of prompt engineering.
  • Ability to evaluate LLM outputs.
  • Awareness of hallucinations and responsible AI.


Nice-to-have:
  • Good understanding of AWS Big Data services such as Amazon S3, EMR and Glue; and ML capabilities including Sagemaker
  • Experienced with Jupyter Notebooks, IntelliJ, Visual Studio Code other notebook environments
  • Experience with visualization tools such as Tableau, QuickSight, Looker
  • Experience working in Unix/Linux environments
  • Experience working as part of an agile team using Github and JIRA
  • Experience with digital data collection tools such as Google Analytics
  • Exposure to Snowflake, Databricks, Sparr, Power BI or Tableau.
  • MLflow, NLP, embeddings, semantic sea
  • Feature stores and model monitoring. REST APIs and FastAPI


What's in it for you?

  • A comprehensive Total Rewards Program includes competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
  • 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.
  • Opportunities to build close relationships with clients.


The expected salary range for this particular position is $80,000-$140,000 depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high-performance culture
  • Enables collective achievement of our strategic goals
  • Generate sustainable shareholder returns and above market shareholder value


LI-POST

TECHPJ

Job Skills
Actuarial Modeling, Big Data Management, Commercial Acumen, Data Mining, Data Science, Decision Making, Machine Learning (ML), Natural Language Processing (NLP), Predictive Analytics, Python (Programming Language)

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-07

Application Deadline:

2026-08-28
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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