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

Stripe

PhD Data Scientist, Intern

Toronto, ON

... risk exposure), how our go-to-market motions operate (designing growth experiments, optimizing ... Enrolled in a quantitative PhD program (e.g. Data Science, Statistics, Economics, Mathematics, etc ...

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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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What job categories do people searching Quantitative Risk Intern jobs in Toronto, ON look for? The top searched job categories for Quantitative Risk Intern jobs in Toronto, ON are:
Quantitative Risk Intern jobs near you
Infographic showing various Quantitative Risk Intern job openings in Toronto, ON as of June 2026, with employment types broken down into 40% Internship, and 60% Full Time. Highlights an 100% In-person job distribution.
PhD Data Scientist, Intern

PhD Data Scientist, Intern

Stripe

Toronto, ON

Other

Posted 22 days ago

Job description

Who we areAbout Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies-from the world's largest enterprises to the most ambitious startups-use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

About the team

Our Data Science team partners deeply with teams across Stripe to ensure that our users, our products, and our business have the models, data products, and insights needed to make decisions and grow responsibly. We're looking for data scientists with a passion for analyzing data, building machine learning and statistical models, and running experiments to drive impact.  Our work is broad and varied, influencing how our products work (e.g. understanding user needs, preventing fraud, or optimizing charge flows), how our business works (forecasting key outcomes, managing liquidity, quantifying risk exposure), how our go-to-market motions operate (designing growth experiments, optimizing marketing investments, refining sales processes, and estimating causal effects), and everything in between. We have a variety of Data Science roles and teams across Stripe and will seek to align you to the most relevant team based on your background.

What you'll doAbout the internship experience

Our internship program provides the opportunity to work on meaningful business initiatives that will grow the GDP of the internet. Through the internship, you will work with many systems and technologies, gain experience in working with large datasets and analytical methodologies/tools to help us better understand our users and build better products. 

Each intern has a dedicated mentor, and every intern project is part of the team's roadmap that will directly contribute to Stripe's mission. As you collaborate with industry experts on initiatives that expand global commerce, you will develop a strong first-hand understanding of the role analytics plays in steering business strategy and results.

We're not just focused on your immediate contributions; we're invested in your growth. Stripe sees this internship as an opportunity to grow your technical expertise and facilitate personal development, preparing you for a career in the tech industry.

Responsibilities

You will:

  • Partner closely with Data Scientists, Data Analysts, and business partners to drive business impact through rigorous analytical solutions
  • Apply machine learning, causal inference, or advanced analytics on large datasets to: i) measure results and outcomes, ii) identify causal impact and attribution, iii) predict the future performance of users or products, to drive business success
  • Influence business actions and strategy by developing actionable insights through metrics and dashboards
  • Drive the collection of new data and the refinement of existing data sources.
  • Learn quickly by asking great questions, finding how to work with your mentor and teammates effectively, and communicating the status of your work clearly
  • Present your work to the Data Science team, partner teams, and fellow interns
Who you areMinimum requirements

We're looking for someone who has:

  • Enrolled in a quantitative PhD program (e.g. Data Science, Statistics, Economics, Mathematics, etc.) with the expectation of graduating in winter 2026 or spring/summer 2027
  • Experience with a scientific computing language (such as Python, R, etc) and SQL. We believe new programming languages can be learned if the fundamentals and general knowledge are present!
  • Knowledge and hands-on experience in several of the following areas: machine learning, statistics, optimization, product analytics, causal inference, and/or experimentation
  • Experience communicating and collaborating with multidisciplinary stakeholders in a team environment
Preferred qualifications

You also likely have:

  • Experience writing and debugging data pipelines
  • Demonstrated ability to evaluate and receive feedback from mentors, peers, and stakeholders via experience from previous internships or other multi-person projects
  • Ability to learn new systems and form an understanding of those systems, through independent research and working with a mentor and subject matter experts

** This role is not eligible for hire in the United States - we are hiring only in Toronto, Ontario, Canada for summer 2026.

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