What is the opportunity?

As the leader of the Fraud Model Governance team, you will oversee the model governance program for Fraud Data Science and Analytics (Fraud DSA). You will collaborate with model developers within Fraud DSA and external vendors to deliver high quality model risk governance documentation and model performance monitoring. You will also provide model development oversight for Fraud DSA to ensure model developers are complying with RBC Enterprise Risk Model Operating Standards.

What will you do?

• Lead the Fraud Model Governance team in developing and maintaining model performance monitoring for all Fraud models. Creating appropriate metrics, setting alert thresholds, identifying and escalating model performance issues.
• As the leader of the center of excellence for fraud model governance, collaborate with Model Development teams in Fraud DSA to deliver and maintain high quality model governance documentation that meets audit and regulatory expectations.
• Co-ordinate with Enterprise Model Risk partners and Fraud model developers to ensure model governance responsibilities are completed on time: Quarterly Model Performance Tracking, Annual Assessments, Issue closure memos etc.
• Provide Model Development Oversight for Fraud DSA. Ensure Fraud model developers are complying with RBC Enterprise Model Risk Operating Standards. Co-ordinate Fraud DSA’s responses to regulator and audit questions related to model risk
• Collaborate with Fraud model developers to perform additional testing on Fraud models

What do you need to succeed?

Must-have

• 5+ years’ experience in advanced analytics, data science or similar roles working with large, real-world datasets
• Experience in writing model risk governance documentation or Fraud Data Science experience
• Exceptional communication skills including reading/writing/editing technical documentation
• Strong collaboration and partnership skills with the ability to navigate through ambiguity
• Strong organization and time management skills
• Ability to balance multiple deliverables with fixed due dates
• Strong problem solving, research, quantitative skills
• Strong data analytics knowledge and expertise, with an understanding of common enterprise technologies and approaches including big data and cloud platforms

Nice-to-have

• Graduate Degree in a Quantitative Discipline
• Fraud Management experience
• Knowledge of Canadian banking and payment industry
• Experience working with transactional data

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
• Leaders who support your development
• Ability to make a difference and lasting impact
• Opportunity to take on progressively greater accountabilities

Job Skills

Artificial Intelligence (AI), Big Data Management, Data Mining, Data Science, Decision Making, Machine Learning, Natural Language Processing (NLP), Predictive Analytics, Python (Programming Language), Statistical Analysis

Additional Job Details

YORK MILLS CENTRE, 36 YORK MILLS RD:TORONTOTORONTOCanada37.5Full timePERSONAL & COMMERCIAL BANKINGRegularSalaried2025-06-042025-06-13

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

Inclusion and Equal Opportunity Employment

At 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.