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Quantitative Risk Analyst Intern Jobs in Toronto, ON

About the Role: As a Quantitative Trader, you'll play a key role in managing market risk and ... Monitor and analyse all external trading costs, identifying significant changes and suggesting cost ...

Working closely with Credit Risk Management and Finance to set credit loss provisions for the loan ... You will own the quantitative methodologies for expected credit loss (ECL) and be accountable for ...

... quantitative cost and schedule risk analysis using risk management software (like Oracle Primavera Risk Analysis, Acumen Risk, etc.) and provide the interpretation of analysis results (like ...

Contribute to integrated risk insights by synthesizing quantitative analysis with qualitative context across rotations * Engage with cross-functional stakeholders to support constructive challenge ...

The Senior Director, Total Portfolio Risk is a key leadership role within the Risk Division ... Overseeing the development and implementation of quantitative methodologies, models, and analytics ...

Showing results 41-60

Quantitative Risk Analyst Intern information

What are the key skills and qualifications needed to thrive as a Quantitative Risk Analyst Intern, and why are they important?

To thrive as a Quantitative Risk Analyst Intern, you need a solid background in mathematics, statistics, and finance, often supported by progress toward a relevant degree such as finance, economics, or applied mathematics. Familiarity with programming languages like Python or R, statistical analysis tools, and risk management platforms such as SAS or MATLAB is typically expected. Strong analytical thinking, attention to detail, and effective communication skills help interns interpret complex data and present findings clearly. These skills are crucial for accurately assessing risks, supporting data-driven decision-making, and contributing to effective risk management strategies.

What does a Quantitative Risk Analyst Intern do?

A Quantitative Risk Analyst Intern supports the risk management team by analyzing financial data, building statistical models, and assessing potential risks that could impact an organization. They use mathematical and statistical techniques to identify, measure, and monitor risks associated with investments, market movements, or operational activities. Interns often help with data collection, programming (using tools like Python, R, or Excel), and preparing reports for senior analysts. This role provides valuable hands-on experience in applying quantitative methods to real-world financial risk scenarios.

What is the difference between Quantitative Risk Analyst Intern vs Quantitative Risk Analyst?

AspectQuantitative Risk Analyst InternQuantitative Risk Analyst
Required credentialsTypically pursuing or recent graduate with a degree in finance, economics, or related fieldBachelor's or master's degree in a relevant field, often with some professional experience
Work environmentInternship setting, often part-time or summer program within financial institutionsFull-time role within banks, investment firms, or insurance companies
Employer and industry usageUsed in internship programs across finance and risk management firmsStandard position in risk management departments of financial services

The main difference between a Quantitative Risk Analyst Intern and a Quantitative Risk Analyst is experience level and responsibility. Interns are typically students gaining exposure, while analysts are full-time professionals responsible for assessing and managing risk strategies.

What types of projects and responsibilities can a Quantitative Risk Analyst Intern expect during their internship?

As a Quantitative Risk Analyst Intern, you can expect to work on projects involving data analysis, risk modeling, and validation of existing financial models. You may assist in stress testing portfolios, researching risk factors, and automating data processes under the guidance of senior analysts. Interns typically collaborate closely with risk management, trading, and IT teams, gaining hands-on experience with industry-standard tools and methodologies. This role offers an excellent opportunity to develop technical skills and an understanding of how risk is measured and managed in financial institutions.
What job categories do people searching Quantitative Risk Analyst Intern jobs in Toronto, ON look for? The top searched job categories for Quantitative Risk Analyst Intern jobs in Toronto, ON are:
Infographic showing various Quantitative Risk Analyst Intern job openings in Toronto, ON as of July 2026, with employment types broken down into 88% Full Time, 7% Part Time, 1% Temporary, and 4% Contract. Highlights an 82% Physical, 9% Hybrid, and 9% Remote job distribution.
Manager, Counterparty Credit Risk

Manager, Counterparty Credit Risk

Royal Bank of Canada

Toronto, ON • On-site

Full-time

Retirement

Posted 5 days ago


Job description

Job Description

What is the opportunity?

As Manager, under the guidance of the Director, Counterparty Credit Risk Exposure and Monitoring, you are responsible for monitoring, analysis and reporting of credit & settlement risk exposures in a timely and accurate fashion for a number or product types including foreign exchange & derivatives settlements, trading inventory, cash security pre-settlement risk & other trading products.


As Manager, you will also assist with streamlining and automating the team's oversight processes and monitoring. This would include development and coding efforts required to mechanize reporting streams and monitoring and adjudication tools for new and existing product categories.

What will you do?

  • Pro-actively investigate risks to provide clear and comprehensive analysis to senior management on risk trends and concerns

  • Analyze key trading strategies and products to ensure they are in line with risk tolerance and objectives

  • Aid in the review and recommendation for approval of specific/significant transactions to help facilitate business while ensuring proper risk controls

  • Investigate, document and appropriately report/escalate credit limit excesses as per internal policies inclusive of Conduct Risk

  • Work with trading and other key business contacts to ensure mutual understanding of credit risk metrics, processes, and limits

  • Develop tools to investigate and appropriately report/escalate credit limit excesses and exposure concerns

  • Develop, Code and generate tools that will enable the team to review periodic and ad-hoc credit risk reporting in a timely and accurate fashion. These tools will enable the team to readily identify, investigate and summarize notable risk trends that are to inevitably escalated (as appropriate) to management

What will you need to succeed?

Must Have

  • 1-2 years of experience at a financial institution in a quantitative Risk Control function such as market or credit risk, with an understanding of capital markets trading products and related credit risk concepts

  • Master's degree in a relevant subject such as Finance, Economics, or other quantitative discipline

  • Good command and hands on experience with Excel, Python, VBA programming, SQL or equivalent programming languages

  • Strong analytical and problem-solving skills

  • Solid verbal and written communication skills

  • Proven organizational skills, with the ability to meet strict deadlines

Nice to Have

  • FRM, PRMIA, or CFA

What's in it for you?

  • A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

  • Competitive pay and high-earning potential

  • All the tools, training, and team support you need to grow your career

  • Study program for pursuing the actuarial credential

Job Skills

Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-20

Application Deadline:

2026-08-03

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME