Jobs Companies RBC 2027 Capital Markets, Global Equities, AI Engineer (16 Months, Co-op)

About this 2027 Capital Markets, Global Equities, AI Engineer (16 Months, Co-op) role at RBC

RBC · Onsite · TORONTO, Ontario, Canada

Job Description

RBC Capital Markets is seeking highly skilled and motivated individuals to join our Algo Research team as AI Engineers. Our team is at the forefront of leveraging artificial intelligence and machine learning to develop innovative trade execution algorithms and advanced analytics solutions. This role presents a unique opportunity to contribute to cutting-edge research and development in quantitative finance, working alongside top-tier professionals in a dynamic and collaborative environment.

We are particularly interested in candidates with strong technical expertise, a passion for data-driven problem-solving, and the ability to apply advanced AI techniques to real-world problems. Experience in finance is not required.

This internship position is 16 months in duration, from May 2027 to August 2028. Students are expected to return to school following the completion of the internship.

What We’re Looking For:

We are seeking candidates who demonstrate the following qualifications and attributes:

  • Software Engineering & Programming: Expertise in Python, and knowledge of databases, scripting, Unix systems, data structures, and networking.
  • Applied Machine Learning: Proficiency in ML techniques (e.g. Feature Engineering, Loss Function Design, Deep learning, Reinforcement Learning) and tools (e.g. PyTorch, Scikit-learn, MLflow).
  • Data Science: Experience working with large datasets to extract insights and create visualizations using libraries like NumPy, Pandas, Seaborn, and Streamlit
  • Probability & Statistics: Strong understanding of probability concepts and statistical methods.
  • Communication: Skilled in conveying quantitative concepts to non-technical stakeholders.

Key Responsibilities:

  • Employ advanced machine learning techniques to address complex trading related problems.
  • Develop and optimize AI-driven trading algorithms/strategies and incorporate them into client-facing applications.
  • Collaborate with traders, researchers, and subject matter experts to conceptualize and implement innovative products.
  • Analyze large datasets to derive actionable insights and create impactful visualizations.
  • Contribute to a variety of high-impact projects spanning multiple asset classes and trading strategies.

Why Join RBC Capital Markets?

  • Be part of a forward-thinking team at the forefront of AI-driven innovation in finance.
  • Collaborate with industry-leading experts on Canada’s largest trade floor.
  • Gain exposure to real-world applications of artificial intelligence and machine learning in quantitative trading.
  • Thrive in a culture that values innovation, collaboration, and continuous professional development.

If you are a highly motivated individual with a strong technical background and a desire to contribute to the future of quantitative finance, we invite you to apply for this exciting opportunity.

In order for your application to be considered, please upload your COVER LETTER and RESUME as ONE PDF FILE

We thank all interested candidates; however, only those selected for an interview will be contacted.

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.

Job Skills

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:

CAPITAL MARKETS

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2026-09-14

Application Deadline:

2026-10-01

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

Pay Range

The expected pay range for this position is:

$60,000.00 - $100,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. RBC supports pay transparency and we strive to ensure all pay ranges and competitive, fair, and equitable. Your actual pay is determined by a number of factors, including your experience, skills and education.

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.

Join our Talent Community

Stay 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.

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.

Ready to apply to RBC?
Apply to RBC

How this AI Engineer salary compares

This role pays $80,000/yrbelow the typical range for AI Engineer roles.

$97,846 median $134,572 $299,510

Typical range $116,493–$171,690/yr, from 42 comparable AI Engineer listings on JobsRadar (pay annualized to USD). See AI Engineer salary insights →

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com .‎ We are proud to support a broad range of community initiatives through donations, community investments and empl

See all jobs at RBC →

Similar jobs

Tenstorrent
Senior Embedded Engineer, AI IP
Tenstorrent
⚡ Apply early Belgrade, Serbia; Toronto, Ont... Hybrid
● New 👁 Seen ✓ Applied 1d ago
Tenstorrent
Physical Design Engineer, AI Accelerator IP
Tenstorrent
⚡ Apply early Austin, Texas, United States;... Hybrid $100,000–$500,000
● New 👁 Seen ✓ Applied 1d ago
Tenstorrent
Staff Design Verification Engineer, AI HW
Tenstorrent
⚡ Apply early Austin, Texas, United States;... Hybrid $100,000–$500,000
● New 👁 Seen ✓ Applied 1d ago
Okta
Staff Software Engineer, AI Agentic Experience (Auth0)
Okta
⚡ Apply early Toronto, Ontario, Canada Onsite CA$160,000–CA$220,000
● New 👁 Seen ✓ Applied 2d ago
Okta
Principal Forward Deployed Engineer - Okta for AI Agents
Okta
⚡ Apply early Bellevue, Washington; Chicago,... Onsite $269,000–$369,000
● New 👁 Seen ✓ Applied 2d ago
Okta
Staff FullStack Engineer, Secures AI
Okta
⚡ Apply early Toronto, Ontario, Canada Onsite CA$160,000–CA$220,000
● New 👁 Seen ✓ Applied 2d ago
Thomson Reuters
Staff Software Engineer / Architect - AI, CoCounsel FDE
Thomson Reuters
⚡ Apply early United States of America, Fris... Hybrid $254,700–$254,700
● New 👁 Seen ✓ Applied 3d ago
Thomson Reuters
Staff Platform Engineer - Materia AI
Thomson Reuters
⚡ Apply early United States of America, Fris... Hybrid CA$168,200–CA$168,200
● New 👁 Seen ✓ Applied 3d ago
RB
Lead Data Engineer - AI & Machine Learning
RBC
⚡ Apply early TORONTO, Ontario, Canada Onsite
● New 👁 Seen ✓ Applied 3d ago

Sign up for suggestions tailored to the jobs you open and the searches you save.

More jobs at RBC

See all jobs at RBC →

Apply now
🤖

Whoa — hold up

JobsRadar was built for real people having a rough time in their job search — not for automated requests. You're clicking way too fast and you're now temporarily blocked.

Come back later. If you're genuinely job hunting, we've got your back — just act like a human.

Catch your next role the second it’s posted.

Create a free account and we’ll watch the boards for you — the instant a job matches your search, it lands in your inbox or Telegram. No digging, no refreshing.

Create free account

Free forever · takes 30 seconds · already have one?

Get an edge on your job hunt.

Join our Telegram channel for the stuff that helps you land the role — salary benchmarks, the weekly market pulse, and new-feature drops. No spam, just signal.

Join the channel — it's free