Intern - Total Fund Risk & Analytics (Winter 2025- 4 Month Contract)

Posted:
8/15/2024, 5:00:00 PM

Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada

Experience Level(s):
Internship

Field(s):
Finance & Banking

The deadline to apply for this role is:

Until 11:59 PM of September 29, 2024

The opportunity

January 2025- April 2025

Do you want to gain your career experience at a leading pension plan in Canada with more than $240B net assets, which has delivered strong, steady returns to retired teachers in Ontario for 30 years? Are you interested in understanding how risk is managed by a global institutional investor?

As an intern at the Total Fund Risk & Analytics team within Risk Division of Ontario Teachers’ Pension Plan, you will have an opportunity to apply your financial knowledge, experience, creativity, and problem-solving skills to contribute to the team efforts towards a broad range of activities. With a focus on liquidity risk, you will be gaining exposure to risk reporting, monitoring, modelling, and analyses as well as research and development initiatives that support the strategic objectives of the Total Fund Risk & Analytics team and the Risk Division.

Who you’ll work with

The Risk Division aims to ensure that Ontario Teachers’ Pension Plan is sustainable over the long term. It is mandated to enable and govern risk taking to deliver on the strategic objectives of Ontario Teachers. As a key part of the Investment Risk function, the Total Fund Risk & Analytics team is responsible for the risk systems and methodologies, total fund risk assessment and reporting to management and the Board, as well as the development of risk analytical tools. The team is working on four major areas: (1) Investment Asset Risk; (2) Liquidity Risk; (3) Portfolio Analytics; and (4) Investment Risk Reporting.

The Liquidity Risk team, where the  intern will be a member of, is primarily responsible for developing and maintaining the methodology and tools to measure and govern liquidity risk, so that liquidity risk is appropriately identified, captured, modeled, and monitored. It also develops and performs stress testing to evaluate the resiliency of Ontario Teachers’ liquidity position.

What you’ll do

  • Maintain/automate/enhance existing liquidity risk monitor processes.
  • Support the developments of new analytical capabilities to provide liquidity risk insight.
  • Perform ad hoc analysis in response to liquidity risk-related requests from Risk Division and various investment departments across the organization.
  • Conduct research to keep up to date on the latest market/regulatory developments and industry best practices as related to liquidity risk.
  • Work cross-functionally with other team members and departments to develop/enhance analytics tools for investment decision-making.
     

What you’ll need

  • Enrolled in a bachelor’s/master’s level program in Finance/Business/Computer Sciences/Mathematics/Statistics
  • Experience with financial institutions an asset
  • Knowledge of financial markets and liquidity risk a plus
  • Strong analytical and problem-solving skills
  • Working knowledge in Excel, PL/SQL, Power BI and Python
  • Strong Communication skills (oral and written)
  • Proven ability to work independently as well as to perform effectively in a team-oriented environment.
  • You should be returning back to your studies after the work term is completed.

What we’re offering

  • Numerous opportunities for professional growth and development, including lunch and learns

  • Student led team building events on a monthly basis

  • Employee discount programs including Edvantage and Perkopolis

At Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring.  We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves.  To learn more about our commitment to Diversity, Equity and Inclusion, check out Life at Teachers'.

How to apply

Are you ready to pursue new challenges and take your career to the next level? Apply today! The following documents are required to be uploaded with your application:

  • Resume

  • Copy of your transcripts

You will also be invited to complete a pre-recorded digital interview as part of your application.

We thank you for applying, however, only those selected for a personal interview will be contacted. Note that candidates must be legally entitled to work in the country where this role is located.

Accommodations are available upon request ([email protected]) for candidates with a disability taking part in the recruitment process and once hired.

The privacy of your personal information is important to us. Please visit our Privacy Centre to learn how we handle your personal information.

Functional Areas:

Administration


 

Requisition ID:

5979