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Quantitative Developer Intern Jobs in Toronto, ON

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 ...

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 Jul 16, 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 types of projects or tasks do Quantitative Developer Interns 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 in the Quantitative Developer Intern position, 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 is a Quantitative Developer Intern job?

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 are the most commonly searched types of Quantitative Developer jobs in Toronto, ON? The most popular types of Quantitative Developer jobs in Toronto, ON are:
What are popular job titles related to Quantitative Developer Intern jobs in Toronto, ON? For Quantitative Developer Intern jobs in Toronto, ON, the most frequently searched job titles are:
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:

CA$25 - CA$38/hr

Other

Medical, Dental, PTO

Posted 14 days ago


Job description

Best Workplaces in Canada 2020 - 2026 | Best Workplaces with Most Trusted Executive Teams 2024 - 2026 | Best Workplaces in Financial Services & Insurance 2020 - 2026 | Best Workplaces for Mental Wellness 2023 - 2026 | Best Workplaces for Giving Back 2022, 2024 | Best Workplaces for Inclusion 2021, 2024, 2026 | Best Workplaces for Women 2021 | Best Workplaces in Ontario 2020, 2021, 2024 | Best Workplaces for Professional Development 2025 | Best Workplaces for Young Talent 2026


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.