Senior Data Scientist, Fraud Applied AI… at Royal Bank of… · Toronto

Senior Data Scientist, Fraud Applied AI and Innovation Location: TORONTO, Ontario, Canada Job Description What's the opportunity? You will apply machine learning, artificial intelligence and advanced analytical methodologies to support Fraud Management’s key priorities, including developing predictive models for improving fraud detection capabilities, optimizing existing productivity tools, creating automated workflows to replace manual processes, designing forward thinking and innovative solutions to complex problems, etc.  You will represent the Applied AI & Innovation team as a Subject Matter Expert (SME) on projects and initiatives across Fraud Management (FM) and collaborate with multiple stakeholders at varying levels of seniority.  You will also assist in developing best practices for analytical processes and training junior team members. What will you do? Develop machine learning (ML) models for real-time fraud detection and explore opportunities for applying ML solutions to other challenges within FM, while following all the standards set for model development Contribute to developing ML strategy for FM, collaborate with peers to integrate the model into the detection ecosystem and monitor, evaluate and optimize tools and technologies developed to improve FM efficiency Collaborate with Detection Analytics partners to incorporate feedback and ensure any changes resulting in an impact to the detection ecosystem are communicated Identify opportunities and develop automated pipelines to replace or enhance existing processes, utilizing the full suite of available technology and tools to build the most effective solution Provide thought leadership to support FM’s key priorities where there is a dependence on data analytics or machine learning and deliver on all initiatives that support strategic imperatives in line with project timelines Develop predictive data models, quantitative analyses and visualization of targeted, big data sources and oversee acquisition of data while ensuring data quality and comprehensiveness Lead data exploration and analytic projects, provide on-going coaching of big data topics and explore semantic data capabilities through NLP, text mining and machine learning techniques What you need to succeed Must have: 2+ years’ experience in Machine Learning, data mining and statistics Ability to perform complex data analysis on large volumes of data and present findings to stakeholders Knowledge of Canadian banking and payment industry, payments transaction data and financial fraud Strong practical knowledge of, and proven experience with, analytical software packages and various programming languages (Python, SQL, etc.) Working knowledge of Big Data Framework (Hadoop, Spark, etc.) Exceptional communication and presentation skills, including ability to effectively communicate analytical recommendations to both technical and non-technical audiences Excellent time management skills and demonstrated ability to prioritize workload and manage multiple projects simultaneously Degree in a quantitative discipline and strong problem solving, research and quantitative skills Nice to have: Post-graduate degree in a quantitative discipline Experience with Docker and Kubernetes Prior experience in fraud detection or data analytics 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 Big Data Management, Data Science, Decision Making, Machine Learning (ML), Predictive Analytics, Python (Programming Language) Additional Job Details Address: YORK MILLS CENTRE, 36 YORK MILLS RD:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: PERSONAL & COMMERCIAL BANKING Job Type: Regular Pay Type: Salaried Posted Date: 2026-04-29 Application Deadline: 2026-05-15 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. 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.