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Quantitative Developer Intern Jobs in Toronto, ON

Our intern program would suit candidates with interest across engineering -- from the hardware ... quantitative field. Some opportunities may require a specific degree level, area of study or ...

As a Research Intern, you will gain hands-on experience in both quantitative and qualitative ... Experience with statistical software (e.g., SPSS, SAS) or programming languages (e.g., R, Python ...

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Quantitative Developer Intern information

See Toronto, ON salary details

$19.1K

$98.3K

$218.5K

How much do quantitative developer intern jobs pay per year?

As of Sep 10, 2026, the average yearly pay for quantitative developer intern in Toronto, ON is $98,333.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,787.00 and $146,491.00 per year, depending on experience, location, and employer.

What is a quantitative developer intern?

A Quantitative Developer Intern works at the intersection of finance, mathematics, and software development. They assist in building, optimizing, and maintaining quantitative models and trading systems. Their responsibilities typically include writing efficient code, working with large datasets, and collaborating with quantitative researchers and traders. The role requires strong programming skills (often in Python, C++, or Java) and a solid understanding of algorithms, data structures, and financial concepts. Interns gain hands-on experience in financial technology and quantitative finance, preparing them for full-time quant developer roles.

What types of projects or tasks does a quantitative developer intern typically work on during their internship?

Quantitative Developer Interns often work on developing and optimizing algorithms for data analysis, back-testing trading strategies, or building tools for financial model implementation. You may collaborate with quantitative analysts and senior developers to gather requirements, write and debug code, and assist with the integration of new models into production systems. Projects frequently involve handling large datasets, automating data pipelines, and conducting performance testing of code. These experiences allow interns to gain hands-on exposure to real-world financial technology challenges while contributing meaningfully to team goals.

What are the key skills and qualifications needed to thrive as a quantitative developer intern, and why are they important?

To thrive as a Quantitative Developer Intern, you need strong programming skills (particularly in Python, C++, or Java), a solid background in mathematics or statistics, and enrollment in or completion of a relevant degree such as computer science, mathematics, or engineering. Familiarity with data analysis libraries (e.g., NumPy, pandas), version control systems (like Git), and basic experience with financial modeling or quantitative tools is highly valued. Excellent problem-solving abilities, attention to detail, and effective communication skills help interns collaborate across teams and convey complex ideas clearly. These competencies enable quick adaptation to the fast-paced environment, accurate implementation of quantitative models, and effective teamwork in supporting financial decision-making.

What job categories do people searching Quantitative Developer Intern jobs in Toronto, ON look for?

The top searched job categories for Quantitative Developer Intern jobs in Toronto, ON are:

What cities near Toronto, ON are hiring for Quantitative Developer Intern jobs?

Cities near Toronto, ON with the most Quantitative Developer Intern job openings:

Infographic showing various Quantitative Developer Intern job openings in Toronto, ON as of September 2026, with employment types broken down into 15% Internship, 60% Full Time, 20% Part Time, 1% Temporary, 3% Contract, and 1% Summer. Highlights an 72% Physical, 2% Hybrid, and 26% Remote job distribution, with an average salary of $98,333 per year, or $47.3 per hour.

Intern - Capital Markets, Quantitative Strategies and Research (May 2027 - 4 months)

Toronto, ON • On-site

Ontario Teachers' Pension Plan
501 - 1,000 employees

CA$30 - CA$36/hr

Full-time

Posted 20 days ago


Key responsibilities

  • Contribute to research and development initiatives by working on projects involving data sourcing, cleaning, visualization, and predictive modeling.

  • Apply quantitative techniques such as statistics, machine learning, and optimization to explore and test investment and portfolio hypotheses.

  • Review, critique, and implement research papers, and present research findings to team members for feedback.


Job description

The deadline to apply for this role is:

Until 11:59 PM of September 21, 2026

The opportunity

Do you want to use your research skills and curiosity about markets to explore and build new systematic investment strategies?

We are Quantitative Strategies and Research (QSR), an innovation-driven team within Capital Markets at Ontario Teachers' Pension Plan. We manage a broad and diversified portfolio, built using quantitative models, and are looking for an intern to join us thisSpring 2027.

We have varied educational backgrounds and research interests, and we are all passionate about understanding market drivers and using tools like data science, statistics, and programming to test and run our ideas. We are working on a lot of different projects - whether you are anundergradcurious about quantitativeinvestingor a graduate student with advanced and original research contributions, we have something for you!

Who you will work with

QSR is a team of 15, based in Toronto. Some of us focus on research and portfolio management, others on data science and technology. You will report to one of the team's senior members based on the best match for your interests and our needs.You will work on research projects and collaborate with other team members.We will encourage you to think independently and explore and present your ownideasand we will guide and help you along the way.

As a member of Capital Markets, a dynamic team of more than 80 investment professionals working across liquid markets, you will also have unparalleled opportunities to meet and learn from people with different areas of expertise and approaches to investing!

What youwill do

  • Contribute to QSR's broad research and development initiatives (we tend to work inMatlaband Python)

  • Apply a wide array of quantitative techniques (e.g., from statistics, machine learning, optimization, etc.) to explore and test investment and portfolio hypotheses

  • Review, critique, and implement research papers from academia or the practitioner community

  • Present and discuss your results with the team and gather feedback for improvement

  • Work on a variety of datasets, e.g., sourcing, cleaning, visualization, and predictive modelling

  • Propose original ideas (e.g., based on personal interests, prior experience, or graduate research) and test them on real-world data

  • Gain experience in one or several asset classes, including equities, fixed income, currencies, and commodities

  • Contribute to the development and optimization of our portfolio implementation infrastructure and analytical tools

What you will need

  • To be enrolled in aMaster'sor Ph.D. program or upper-year undergraduate program providing solid quantitative research and/or technology foundations (e.g., math, stats, computer science, engineering, economics, etc.)

  • A passion for research,demonstratedthrough academic work (e.g., papers published, research projects or theses) or personal projects

  • Broad programming experience, especially in scientific programming (we tend to work inMatlaband Python)

  • Curiosity and interestaboutapplying research and technology in the context of understanding markets and building portfolio systems.

  • You should be returning to your studies after the work term is completed

#LI-SS

What we're offering

The expected hourly range for this role is $30 - $36 depending on experience and qualifications.
  • 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. Please complete it within 48 hours of application submission.

Intern Application Guidance

  • We will be reviewing applications on a rolling basis. We recommend candidates apply as soon as possible.

  • To help us better understand your interests and career goals, we recommend candidates apply to their top 3-5 positions for the term.

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 (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.

Ontario Teachers' may use AI-based tools to assist in screening and assessing applicants for this position. These tools may help us identify candidates whose skills and experience align with Ontario Teachers' objectives by analyzing information provided in resumes and applications. Our use of AI does not replace human decision-making.

To learn more about how Teachers' uses AI with your personal information, please visit our Privacy Centre.

Functional Areas:

Administration


Vacancy:

Current

Requisition ID:

7168#LI-SS1