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Quant Developer Intern Jobs in Toronto, ON (NOW HIRING)

Qualifications: - Pursuing PhD degree in Computer Science, Engineering, AI, Machine Learning ... quantitative background and coursework in or working knowledge of linear algebra, calculus, and ...

Research Internship/Co-op

Toronto, ON · On-site

CA$45 - CA$60/hr

... engineering experience: through previous internships, work experience, coding competitions, and/or research projects and papers. - Strong quantitative background and coursework in or working ...

Quant Developer Intern information

What are the key skills and qualifications needed to thrive as a Quant Developer Intern, and why are they important?

To thrive as a Quant Developer Intern, you need a solid background in mathematics, statistics, and programming, often supported by progress toward a degree in a quantitative field. Familiarity with programming languages such as Python, C++, or Java, and experience with tools like MATLAB or financial data APIs, are typically expected. Strong analytical thinking, problem-solving abilities, and effective communication skills help set candidates apart. These skills and qualities are essential for developing, testing, and communicating complex quantitative models that support investment and trading strategies.

What is the difference between Quant Developer Intern vs Quant Analyst Intern?

AspectQuant Developer InternQuant Analyst Intern
Required CredentialsTypically pursuing or holding a degree in Computer Science, Mathematics, or related fieldsUsually pursuing or holding a degree in Finance, Economics, or related fields
Work EnvironmentFocuses on coding, algorithm development, and software implementationFocuses on data analysis, financial modeling, and market research
Employer & Industry UsageCommon in hedge funds, trading firms, and financial technology companiesCommon in investment banks, asset management firms, and financial institutions

While both roles involve finance and data analysis, the Quant Developer Intern primarily works on coding and developing trading algorithms, whereas the Quant Analyst Intern focuses on analyzing financial data and creating models. The roles often overlap in skills but differ in daily tasks and focus areas.

What are Quant Developer Interns?

Quant Developer Interns are students or recent graduates who work with quantitative teams at financial institutions or hedge funds to support the development and implementation of mathematical models and software for trading, risk management, or financial analysis. They typically assist with coding, data analysis, and model validation using programming languages like Python, C++, or Java. Interns in this role gain hands-on experience in applying quantitative techniques to solve real-world finance problems, often working closely with quantitative analysts and developers. The position is ideal for those interested in quantitative finance, programming, and applying mathematical concepts to financial markets.

What types of projects and daily tasks can a Quant Developer Intern expect to work on?

As a Quant Developer Intern, you can expect to work on a variety of projects that involve developing, testing, and optimizing quantitative models used in financial trading or risk management. Daily tasks often include coding algorithms, analyzing large datasets, and collaborating with quantitative analysts and senior developers to implement research ideas. You may also be involved in troubleshooting issues, streamlining code, and contributing to team meetings to discuss project progress and technical challenges. This hands-on exposure helps build both your technical and financial industry knowledge while allowing you to contribute meaningfully to the team's goals.
What are the most commonly searched types of Quant Developer jobs in Toronto, ON? The most popular types of Quant Developer jobs in Toronto, ON are:
Infographic showing various Quant Developer Intern job openings in Toronto, ON as of July 2026, with employment types broken down into 71% Full Time, 19% Part Time, 1% Temporary, and 9% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution.

CA$25 - CA$38/hr

Other

Medical, Dental, PTO

Posted 11 days ago


Job description

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One of Canada's Most Trusted Investment Brands.


AtPicton Mahoney Asset Management (PICTON Investments), being alternative isn't just what we do-it's who we are. Founded by industry pioneer David Picton, we've spent 20 years challenging conventional wisdom and redefining the investing landscape. As one of Canada's most trusted investment brands, we are proudly independent-privately run, 100% employee-owned, and deeply committed to delivering results for our clients.


Thinking Alternatively is in Our DNA.


With a team of 241 bold thinkers-one-third dedicated solely to investment management-we are specialists, not generalists. Managing $19.3 billion (June 30, 2026)for institutional and retail clients, we navigate markets with conviction, resilience, and a forward-thinking approach.


We're more than investors - we're innovators. We challenge traditional investment mindsets, constantly pushing the boundaries to achieve our mission: To bring greater certainty to investors.


Our success is built on four guiding principles:

  • Treat investors' money like our own.
  • Redefine the way investors invest.
  • Be human-always approachable.
  • Succeed together, one investment at a time.

These aren't just words-they define how we think, how we invest, and how we work.


Now, we're entering our next chapter. We're transforming our brand and reshaping the way the world invests. If you think alternatively, embrace an entrepreneurial spirit, and thrive in a dynamic, bureaucracy-free environment, join us and be part of what's next.


Thriving in Our Entrepreneurial Culture


AtPICTON Investments, you'll thrive in our creative and dynamic workplace, where collaboration and support are at the core of everything we do. At our firm, you'll have the opportunity to take on significant responsibilities, work in a flexible environment, and tackle challenging projects from the outset. Our culture is designed for ambitious professionals who want to make an immediate impact while continuing to push boundaries and achieve our greater mission. You'll be empowered with a high level of responsibility, trust, and flexibility, providing an exciting and creative space for you to help reshape how the world views alternative investments. With competitive total rewards, performance-based bonuses, and a clear path for career growth, you'll have everything you need to develop both now and over the longer term.


The Opportunity

We are currently searching for an Intern, Quantitative Research and Risk to contribute to the success of our Quantitative Research team this Fall, as we continue to grow, we are looking for someone who is naturally curious and motivated by complex challenges, with a sharp analytical mindset. The Quantitative Research Intern will collaborate with internal teams to develop portfolio management models and can identify quantitative opportunities.

The expected hourly pay range for this internship position is $25.00 - $38.00. The final compensation offered within this range will be determined based on factors such as relevant education, skills, experience and internal equity.

You'll have the opportunity to learn and lead:

  • Support the Analysts and Portfolio Managers within the Quantitative Research Team
  • Collaborate with the team on research and development of projects related to Quantitative portfolios
  • Contribute to the design, integration, generation and automation of various reports related to operation and monitoring of Quantitative portfolios
  • Respond to ad hoc requests from Analysts and Portfolio Managers


What You Bring

  • Must be enrolled in an engineering, mathematics, statistics, quantitative finance, computer science, or related discipline with a recognized post-secondary institution
  • Financial domain knowledge is an asset but not a requirement
  • Front end programming experience is an asset but not a requirement
  • Some programming skills (preferably in R/Python/SQL) required
  • Confident in ability to work with large and disparate data and communicate complex issues in a clear and concise manner.
  • Interest in pursuing a CFA Designation is an asset but not required.
  • Experience with natural language processing (NLP) and Large Language Model (LLMs).
  • Ability to show initiative and composure when navigating tight project timelines.
  • A strong team player who can collaborate with others or able to work independently
  • Strong communication skills (written and oral communication) while relaying complex information
  • Understanding of factor-based investment strategies and alternative risk premia


Our Commitment to Employees


AtPICTON Investments, we take pride in enhancing our employees' experiences through a comprehensive suite of exceptional perks and programs. Our benefits include corporate fitness reimbursement and discounts, VersaFi memberships (formerly Women in Capital Markets), Picton Wealth investment counseling and portfolio management services, volunteer and charitable donation matching, maternity and parental leave top-up, recognition awards, semi-annual performance bonuses, a generous annual vacation entitlement (minimum of 15 days per year), training and development reimbursement, extensive health and dental benefits, a healthcare spending account, and more.

These offerings are designed to support your career growth, well-being, and overall success. Join us and thrive in an environment that values and invests in you!


PICTON Investmentsis committed to providing an equitable and fair work environment for everyone and all hiring and other personnel actions will be taken without regard to race, colour, creed, religion, sex, disability, gender identity, gender expression, family status, age, language or national origin. If you require an accommodation at any point in time throughout the application and hiring process, please contact Human Resources at (416) 955-4108 or ataccessibility@pictoninvestments.com.

PICTON Investmentsdoes not accept unsolicited resumes, emails, calls, or any other form of communication from third-party recruitment agencies. Any unsolicited outreach, including commercial electronic messages, will neither be acknowledged nor considered.


Please note: We use AI-assisted tools to support parts of our recruitment process, including summarizing interview notes, aligning candidate profiles with job requirements, and initial resume screening. All decisions are made by our hiring team.