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Quantitative Risk Intern Jobs in Toronto, ON (NOW HIRING)

Quantitative Risk Intern information

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

To thrive as a Quantitative Risk Intern, you need strong analytical skills, a solid understanding of statistics and probability, and progress toward a degree in finance, mathematics, or a related field. Familiarity with programming languages like Python or R, experience using statistical software, and knowledge of risk management frameworks are typically expected. Attention to detail, effective communication, and a proactive approach to problem-solving are valuable soft skills in this role. These competencies are crucial for accurately assessing financial risks and supporting data-driven decision-making in a fast-paced environment.

What types of projects or tasks can a Quantitative Risk Intern expect to work on during their internship?

As a Quantitative Risk Intern, you can expect to contribute to projects involving data analysis, financial modeling, and risk assessment for various portfolios or products. Typical tasks include gathering and cleaning large datasets, running statistical analyses, developing or refining risk models under supervision, and preparing reports to communicate findings to senior team members. Interns often collaborate closely with risk analysts, quantitative researchers, and sometimes IT teams, gaining exposure to both technical and business aspects of risk management. This hands-on experience provides valuable insight into industry-standard tools and methodologies, preparing you for a potential full-time role in quantitative finance.

What are Quantitative Risk Interns?

Quantitative Risk Interns are students or recent graduates who assist risk management teams in financial institutions by applying mathematical, statistical, and programming skills to analyze and manage financial risks. They typically work on projects that involve modeling risk exposures, stress testing portfolios, and supporting the development of risk management tools. This role provides hands-on experience with risk assessment processes, financial data analysis, and exposure to industry-standard software and methodologies. Interns also have the opportunity to learn from experienced risk professionals and gain insight into the decision-making processes that help institutions mitigate financial risks.
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Infographic showing various Quantitative Risk Intern job openings in Toronto, ON as of June 2026, with employment types broken down into 8% Internship, 31% Full Time, and 61% Part Time. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution.

CA$25 - CA$38/hr

Other

Medical, Dental, PTO

Posted 20 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.