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First seen by our source: 5 hours ago

WINTER 2027 INTERNSHIP - GenAI Model Validation Intern (Master’s/PhD)

@ RISC Foundation (Risk and Insurance Studies Centre)

Toronto, Ontario

Contract
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SIGNALS

Overview

RISC Foundation is hiring a Winter 2027 GenAI Model Validation Intern for a four-month, full-time contract in a hybrid arrangement, with a possible extension. The intern supports live validations of GenAI models and use cases, tests the Validation Workbench, and reviews requirements and process documents at a Canadian financial services partner. Applicants must be current graduate students at four named Ontario universities, and the application deadline is November 13, 2026.

Responsibilities:

  • Support validation of GenAI models and use cases
  • Test the Validation Workbench end-to-end
  • Review BRDs, validation requirements and process documentation
  • Confirm validation obligations are reflected in process and Workbench
  • Develop test cases and process documentation

Requirements summary:

  • Current Master's or PhD student at a named Ontario university
  • Relevant field such as statistics, computer science or data science
  • Strong analytical and written communication skills
  • Interest in generative AI and responsible AI
  • Proficiency in Excel, Word and PowerPoint

Tools & skills

Source and dates

Source type not verified · apify-linkedin

Employer posting date
Not provided
First seen by our source
2026-11-14
Source record updated
2026-11-14

These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.

Job details

SeniorityEntry level
DepartmentSoftware development
Travelair: none · ground: none
Work settingOffice
PositionMostly sitting
Physical demandsphysical low · computer high
LanguagesEnglish
EducationMaster’s degree (required), Doctorate (preferred)
Fields of studyActuarial Science, Statistics, Mathematics, Computer Science, Data Science

Summary and details written by AI from the posting; the employer’s posting is the authority.

RISC Foundation (Risk and Insurance Studies Centre)

FieldValue
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Job description

***PLEASE READ THE JOB POSTING CAREFULLY AND SUBMIT YOUR FULL APPLICATION THROUGH EMAIL***

APPLICATION INFORMATION

Apply to this role by sending the below information to [email protected], with the subject “Winter 2027 Internship - GenAI Model Validation Intern”:

  • Your latest resume;
  • Official transcripts (if applicable);
  • Cover letter addressing the “Qualifications” section below (2 pages max.);
  • Names and contact details of 2 references who have directly supervised your work. Reference letters will not be accepted.

The deadline to apply for this position is November 13, 2026. Please note that an in-person interview in the Toronto office may be required.

NOTE: Incomplete applications will not be considered. Applications that do not meet the “Requirements” section will not be considered. Only selected candidates will be contacted.

YOUR ROLE

We are seeking a Winter 2027 intern for the role of GenAI Model Validation Intern at our partner organization, a leading Canadian-based financial services firm, in their Model Validation and Analytics Unit. You will be interning at a leading Canadian-based financial services company with a long history of helping clients achieve lifetime financial security and live healthier lives.

This internship offers a balance of hands-on GenAI validation experience and project and process work. You will work alongside experienced validators on live GenAI validations, help test and improve the Validation Workbench, and help make sure the validation framework is clearly and correctly reflected in day-to-day practice.

RESPONSIBILITIES

  • GenAI Model Validation: Support validation of GenAI models and use cases, including reviewing documentation and
  • evidence, performing testing, documenting results, and supporting findings and conclusions.
  • Testing & Quality Assurance: Test the Validation Workbench end-to-end, document issues and usability gaps, and support
  • improvements to the validation workflow.
  • Project Management, Requirements & Process Review: Review BRDs, validation requirements, and process documentation to identify gaps, unclear requirements, and areas needing clarification.
  • Validation Framework Testing: Help confirm that validation obligations, risk-level requirements, and applicable rules are appropriately reflected in the process and Workbench.
  • Documentation & Continuous Improvement: Develop and maintain test cases, process documentation, and validation guidance while identifying opportunities to make the process more efficient and user-friendly.

QUALIFICATIONS

  • Must be a graduate-level student from the following universities: University of Waterloo, University of Toronto, York University or Western University.
  • Currently pursuing a Master's or a higher degree in a relevant field, such as Actuarial Science, Statistics, Mathematics, Computer Science, Data Science, Engineering, or Business Analytics.
  • Strong analytical, critical-thinking, and problem-solving skills, with excellent attention to detail.
  • Interest in generative AI, large language models (LLMs), AI model evaluation, and responsible AI practices.
  • Strong written communication skills, including the ability to document technical findings and explain complex information clearly.
  • Proficiency in Microsoft Excel, Word, and PowerPoint.
  • Ability to manage multiple tasks, meet deadlines, and collaborate effectively with technical and business stakeholders.
  • Curious and questioning: comfortable asking “why” and challenging assumptions respectfully.
  • Organized: able to manage several tasks, track open items and meet deadlines.
  • User-focused: notices when a process or tool is confusing and suggests practical fixes.
  • Collaborative: works well with validators, model owners and project teams.

NICE TO HAVE

  • Hands-on experience using or building with GenAI tools (e.g., prompting, retrieval-augmented generation, AI assistants)
  • Exposure to Python, SQL or another scripting language
  • Experience with software testing, quality assurance or user acceptance testing
  • Familiarity with model risk management, risk and controls, or regulatory concepts
  • Experience reviewing business requirements or process documentation

Work hours:

Full-time

Duration:

4 months, with possibility of extension

Work mode:

Hybrid

Application deadline:

November 13, 2026

How to apply:

Please refer to the instructions at the beginning of the job posting. Only full applications meeting the "Qualifications" criteria sent via email will be considered.

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