RBC Capital Markets

Data Scientist - Alternative Data and AI

Job description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Data Scientist - Alternative Data and AI

Job Description


The Alternative Data and AI team is looking to create differentiated content and insights for Capital Markets clients leveraging Alternative data (Structed and unstructured non financial data) and applying advanced AI techniques to create financially relevant factors and insights.


  • Design and develop AI ML models for deriving insights from Alternative data – structured and unstructured
  • Experienced with building front to back AIML models with MLOps integration and active learning on the cloud
  • Highly Proficient in statistical functions and distributions
  • Highly Proficient in AIML algorithms and techniques like Exploratory data analysis, Feature Engineering, Model selection , Hyper Parameter tuning etc.
  • Experience with Linear Programming, Quadratic Programming etc.
  • Build anomaly detection model leveraging packages like Prophet or similar
  • Build anomaly detection models for geospatial and other practices based on domain requirements.
  • Experience with techniques like transfer learning, K shot and no shot learning


Must have:

  • Self-starter and delivery oriented experienced Data Scientist
  • Experience working with alternative data
  • Experience with Cloud, Distributed computing and Data Science
  • Excellent communication and presentation skills. Proven ability to connect with internal and external stakeholders and excel in a fast-paced environment.
  • Expertise in time series modeling (ARIMA, Prophet etc.)
  • Expertise in statistical functions, distance functions and distribution analysis (E.g. Dynamic Time Warping, Earth Movers Distribution etc. )


  • 2+ years of financial industry experience
  • 2+ years of AI and Big Data Analytics Experience
  • Experience with and exploratory analysis of alternative data for financial use cases.
  • Experience with one or more cloud platforms (Azure, AWS or GCP)
  • Experience with orchestration frameworks like Airflow or Azure data factory
  • Experience with distributed notebook environments like Databricks
  • Experience building AI driven Data Quality frameworks and other data governance tools and capabilities
  • Experience building meta data driven AI and statistical models for repeatable insight generation
  • Experience with Model deployment, Model validation, Model assessment, Model Monitoring etc.

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


Job Summary


TORONTO, Ontario, Canada





Work hours/week:


Employment Type:

Full time


Capital Markets

Job Type:


Pay Type:


Posted Date:


Application Deadline:


Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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