Royal Bank of Canada

Lead AI/ML Scientist

Royal Bank of Canada$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-8 years of experience in AI/ML/data science
  • PhD or Master's degree in computer science, statistics, AI/machine learning, physics, mathematics, or a quantitative field
  • High proficiency in Python and SQL
  • Experience with common data science packages and cloud platforms (Snowflake, AWS)
  • Strong ability to communicate complex AI concepts to diverse audiences

Responsibilities

  • Support development of innovative AI solutions for wealth management
  • Quickly assess and validate data, APIs, models, and solutions
  • Conduct technical feasibility testing and create MVP models
  • Foster a culture of innovation within the data and AI team
  • Champion a test-and-learn approach, promoting data-driven decision-making
  • Define successful AI proof of concept paths for partners
  • Monitor AI landscape and assess integration feasibility of emerging technologies

Benefits

  • Comprehensive Total Rewards Program including flexible benefits and bonuses
  • Support for professional development through coaching opportunities
  • Impactful work that allows for a meaningful contribution
  • Collaboration within a dynamic and high-performing team
  • World-class training program in financial services
Full Job Description
Job Description

What is the opportunity?

We are hiring an entrepreneurial AI/MLScientist to architect AI solutions for specific business needs of Wealth Management Canada and focus on fundamental research, keeping track on new developments in AI and ML.
You will be a key member of the Wealth Management Canada AI Innovation Incubator. You will be driving the team's mandate to develop data, artificial intelligence, machine learning products and ownership of the end-to-end product development of our AI/ML portfolio, from ideation to launch. In this role you'll have a chance to incubate and shape the delivery of innovative AI products, drive business success, and foster a culture of innovation within our team.

What will you do?

AI Innovation and Incubation
  • Support the development of innovative AI solutions for Wealth Management investment advisors and their clients
  • Quickly assess, test and validate external and internal data, APIs, models and solutions and do rapid prototyping
  • Technical feasibility testing, idea validation, creating MVP models for further work and enhancement
  • Help foster culture of innovation within the WMC Data and AI team, encouraging creative thinking and exploration of new ideas
  • Champion a test-and-learn approach, promoting experimentation and the use of data to drive decision-making

Partnership for POC development and scaling up
  • Define the path for a successful AI POC to be developed and scaled by the partners
  • Manage close partnership and collaboration with our partners for development, implementation and user adoption

Technology monitoring and research
  • Monitor AI landscape and Wealth Management industry for emerging technologies and novel AI solutions, including LLMs and agentic AI, to assess feasibility of integrating them into our AI solutions
  • Fundamental research on new technologies and evaluation of potential tech partnerships


Responsible AI
  • Ensure AI innovation is responsible, fair, and aligned with RBC WM ethical standards
  • Identify potential bias, data gaps, review prompt quality
  • Other responsibilities as required


What do you need to succeed?

Must Have
  • Passion for suing machine learning, generative AI and agentic AI to solve business problems and fulfil business expectations and needs
  • 5-8 years of experience in AI/ML/data science
  • PhD or Master's degree (or similar) in computer science, statistics, AI/machine learning, physics, mathematics, or another quantitative field
  • Experience driving AI innovation process independently, including business need identification, solution architecture design, data integration and analysis, model development, training, evaluation and validation
  • High proficiency in Python, SQL and expert knowledge of common data science packages and experience with cloud platforms (Snowflake, AWS)
  • Strong communication skills and the ability to explain complex AI concepts to both technical and business audiences


Nice to Have
  • Knowledge of financial services and wealth management is a plus


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
  • Opportunities to do challenging work


#LI-Post

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Job Skills
Artificial Intelligence Algorithms, Artificial Intelligence Techniques, Artificial Intelligence Technologies, Big Data Management, Data Mining, Data Science, Decision Making, Ideation, Innovation, Machine Learning (ML), Natural Language Processing (NLP), Predictive Analytics, Python for Data Analysis, Statistical Analysis

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-21

Application Deadline:

2026-08-05
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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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
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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