Fixed Income Internship Jobs in Toronto, ON (NOW HIRING)

Overview

At Manulife John Hancock, we believe in investing in the future, starting with you. Our Internship Program is designed to provide students with meaningful exposure to institutional investing, credit underwriting, and portfolio management within one of the world's leading insurance and asset management organizations.

This opportunity is within Manulife's General Account Investment team, a global investment platform responsible for managing assets that support the company's long-term financial obligations. Through sophisticated liability-driven investment strategies, the team seeks to generate sustainable, risk-adjusted returns while maintaining a strong focus on risk management.

As a Global Corporate Finance Intern, you will gain hands-on experience in fixed income investing, credit analysis, investment underwriting, and portfolio monitoring. You will work alongside experienced investment professionals and contribute to the evaluation of public and private debt investment opportunities across industries and geographies. Interns may be aligned with one of GCF's industry-focused teams, including:

• Consumer & Industrial
• Financial Institutions
• Natural Resources & Sustainable Solutions
• Power & Infrastructure

This internship offers a unique opportunity to develop foundational investment skills while gaining exposure to North American, European, and Asian markets.

Your opportunities:

• Support investment professionals in the underwriting, evaluation, and monitoring of public and private debt investments.
• Conduct financial statement analysis and credit evaluations of existing and prospective borrowers.
• Research industries, companies, and market trends to assess investment risks and opportunities.
• Assist in evaluating borrower creditworthiness through qualitative and quantitative analysis.
• Participate in the assessment of business models, competitive positioning, management effectiveness, and financial performance.
• Support ESG analysis by assessing environmental, social, and governance factors and their potential impact on investment risk.
• Assist with borrower screening and business development initiatives by identifying and evaluating prospective investment opportunities.
• Contribute to portfolio monitoring activities, including annual reviews, risk assessments, and performance reporting.
• Develop financial models and perform scenario analysis to evaluate credit strength and investment performance under varying market conditions.
• Prepare investment summaries, research reports, credit reviews, and presentation materials.
• Support special projects involving industry trends, portfolio analytics, macroeconomic research, and investment strategy initiatives.
• Collaborate with colleagues across global offices and industry teams on investment analysis and underwriting activities.

What You'll Learn:

• Fixed income investing and credit underwriting
• Financial statement and cash flow analysis
• Corporate credit risk assessment
• Private debt and institutional lending
• Investment research and valuation techniques
• ESG and sustainable investing considerations
• Industry and macroeconomic analysis
• Investment recommendation writing and presentation skills

By the end of the internship, you will have developed a strong foundation in credit investing and will have opportunities to present your findings and recommendations to investment professionals.

Required Qualifications:

• Currently pursuing a bachelor's degree in finance, Accounting, Economics, Business, Engineering, Mathematics, Statistics, Social Sciences, or a related field with an anticipated graduation date of Spring 2028.
• Strong interest in investments, corporate finance, credit analysis, fixed income markets, or institutional asset management.
• Demonstrated analytical and problem-solving abilities.
• Strong verbal and written communication skills.
• Ability to synthesize qualitative and quantitative information into actionable insights.
• Strong attention to detail and organizational skills.
• Proficiency in Microsoft Excel, PowerPoint, and other Microsoft Office applications.
• Ability to work effectively in a collaborative, fast paced, and global environment.

Preferred Qualifications:

• Coursework or exposure to corporate finance, accounting, investments, economics, or financial markets.
• Experience with financial modeling or financial statement analysis.
• Familiarity with fixed income markets, lending, or credit investing.
• Knowledge of ESG investing or sustainable finance concepts.
• Pursuing or planning to pursue the CFA designation or an MBA.

When You Join Our Team

• We'll empower you to learn and grow the career you want.
• We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we'll support you in shaping the future you want to see.
• As part of our internship program, you will gain early access to Manulife John Hancock's premier early talent program, GRO, designed to provide the support, structure, and opportunities needed to launch your career.

Application Instructions:

• Please submit a resume, cover letter and most recent transcript (unofficial transcripts are accepted) in one PDF file.

Salary range is expected to be between:

$40,950.00 CAD - $60,450 CAD

The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. The annual salary will be pro-rated based on the length of the work-term.

#LI-Hybrid

This posting supports an ongoing hiring initiative for existing and/or future vacancies.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact hr@manulife.com.

Working Arrangement