Investment Management Corporation of Ontario (IMCO)

Intern, Investment Risk Research (Winter 2027)

Investment Management Corporation of Ontario (IMCO)  •  $22.50 - $32.50/hr  •  Toronto, CA (Hybrid)  •  1 hour ago
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Job Description

At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career.

Our culture is built on collaboration and passion, with a shared commitment to delivering lasting value to the clients we serve. Located in downtown Toronto, our vision is to be the partner of choice for Ontario’s public sector funds and to build a high-performing, value-driven asset management firm.

This job posting is for an existing vacancy. If you are ready to deliver best-in-class service and join a collaborative, motivated and fun team of professionals, IMCO offers the opportunity to do impactful work and broaden your expertise.

If you’re looking to use your expertise to drive strategic outcomes, we’d love to hear from you.

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We are looking for a highly motivated student to join our team!

The incumbent will be responsible for working with a team charged with research, development and deployment of all investment risk reporting and analytics in support of IMCO's stakeholders. We are seeking an investment risk professional with broad capital markets knowledge, a sound foundation of investment risk principles as well as various research techniques in support of investment strategy development.

NOTE: Term is flexible for 4 or 8 months and will begin January 2027.

As a Member of Our Team, You Will be Responsible For:

Preparing and streamlining the following key initiatives/functions:

  • Portfolio risk reporting including liquidity, factor, counterparty, derivative, FX, and credit risk.
  • Investment compliance and policy restriction limit monitoring and escalation protocol for remedial actions.
  • Participating in the development of risk models and tools, enabling investment risk to be fully incorporated into the investment decision making process.
  • Working with Investment Risk Support and Investment teams to integrate and enhance Front Office risk analytics into the reporting process.
  • Conducting risk management related research including portfolio risk disaggregation and forecasting techniques while ensuring methodologies are "portable" to any plan/client.
  • Prototyping new risk management analytics, methodologies and reporting solutions.
  • Performing reasonability checks to identify any potential data errors and providing feedback to resolve issues.
  • Developing strong collaborative relationships with all stakeholders.

What do you need to succeed?

  • Strong academic background including a minimum of a bachelor's degree in a quantitative discipline (mathematics, statistics, quantitative finance, or equivalent).
  • Proficiency in SQL, Python, VBA or equivalent.
  • Highly proficient in Microsoft Office, Bloomberg, database tools and Microsoft Power BI.
  • Demonstrated portfolio and risk modelling skills.
  • Working knowledge of investment risk management and performance attribution, reporting principles and practices across asset classes/strategies and markets (public and private).
  • Ability to identify, evaluate and resolve complex issues and problems with strong analytical skills.
  • Ability to think independently and take initiative to seize opportunities and minimize issues.
  • Strong collaborative skills.
  • Excellent communication skills with the ability to report complex information clearly and concisely.

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The base salary range for this position is CAD $45,000 to $65,000. The placement within the range is determined by the role and assessment of the candidate’s year of study and relevant work experience. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you with the specific details for this position, as well as the total rewards offering at IMCO.

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We thank all applicants for their interest. Only those selected for an interview will be contacted.

Our hybrid work model prioritizes an office-first approach, encouraging employees to make the most of our collaborative workspace at 16 York Street, Suite 2400, Toronto, ON M5J 0E6. This welcoming environment fosters teamwork, connection, and professional growth. While flexibility remains a key component of our model, we believe that regular in-office engagement enhances productivity and strengthens our culture. Our approach supports a fulfilling lifestyle that balances professional ambition with personal wellbeing.

IMCO is committed to providing accommodation for people with disabilities throughout the recruitment process. If you require support, please let us know and we will work with you to meet your needs. Artificial intelligence (AI) tools may be used to support parts of our recruitment process, such as screening and assessments. However, all hiring decisions are made by our recruitment team. Candidates being considered for this position will be required to undergo background screening.

Investment Management Corporation of Ontario (IMCO)

About Investment Management Corporation of Ontario (IMCO)

The Investment Management Corporation of Ontario (IMCO) manages $86 billion of assets on behalf of its clients. IMCO’s mandate is to provide broader public sector institutions with investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. IMCO is an independent organization, operating at arm’s length from government and guided by a highly experienced and professional Board of Directors.

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Toronto, CA
Year Founded
2016
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