Intern - Trading Floor Risk Analyst (Fall 2024 - 12 Month term)

at  Ontario Teachers Pension Plan

Toronto, ON, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate17 Nov, 2024Not Specified18 Aug, 2024N/AGood communication skillsNoNo
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Description:

The deadline to apply for this role is:
Until 11:59 PM of September 29, 2024
The Opportunity
September 2025 - August 2026
Are you looking to apply your analytical skills with one of the largest pension funds in Canada? As an intern within Ontario Teachers’ Risk department, you will be involved in supporting the development and improvement of risk management frameworks for the pension fund. You will assist the team in assessing credit and capital markets risk including developing new tools and improving existing processes.

As part of the Risk Department, the Credit & Capital Market Risk(CCMR) team is responsible for:

  • Working closely with capital market on various risk analysis to support their portfolio management activities.
  • Working closely with execution desk on counterparties analysis and provides recommendations for trading risk/exposure governance.
  • Periodically support senior management in investment decision making by monitoring and assessing up-to-date capital market & credit risk both quantitatively and qualitatively.
  • Recommending course of actions on regulatory developments regarding capital market trading activities.
  • The design and support of the enterprise risk system which involves risk modelling initiatives, risk analytics for investment strategies, stress test etc.
  • In-house quantitative risk system maintenance and enhancements including risk metrics design, implementation, and visualization.

Who you’ll work with

You will be a part of a specialized team of professionals with diverse backgrounds. Together, our primary mission is to craft and continuously enhance credit and capital markets risk frameworks. We are also responsible for evaluating our various counterparties. As a co-op, you will report to a Principal in the Risk department’s Credit & Capital Markets Risk team. The role will also provide several opportunities to interact with other teams within the Risk Department as well as the different Investment teams including Total Fund Management and Capital Markets. This is also a fantastic opportunity to:

  • Learn about risk management both quantitatively and qualitatively in a leading investment institution.
  • Get an in-depth exposure into how finance and technology interacts.
  • Get valuable experience in understanding how large financial systems work.

What you’ll do

The responsibilities of this role will be balanced between supporting the capital markets risk and credit risk management teams within CCMR, which will include the following:

  • Assisting with daily operations and reporting while furthering the automation of processes that support risk analysis.
  • Supporting credit and counterparty risk assessments.
  • Completing ad-hoc projects including the presentation of results to team members.
  • Assisting with the design of risk dashboards in PowerBI.
  • Assisting with the back-testing of models for various financial products.
  • Collaborating with key individuals within Risk and other departments.

What you’ll need

  • Be pursuing undergraduate or graduate degree with a quantitative focus.
  • Incorporate critical and analytical thinking and provide appropriate context to support decision making.
  • General understanding of capital market instruments, including derivatives.
  • Excellent learning ability and self-motivated in research.
  • Proficient in Excel and Power Point.
  • Programming skills are a plus (VBA, SQL, PowerBI or Python)
  • Previous work experience in the financial industry is a plus
  • Presentation skills are a plus
  • Strong communication skills, both oral and written.
  • You should be returning back to your studies after the work term is completed.

LI-SS, #LI-Hybrid

What we’re offering

  • 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.
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.
The privacy of your personal information is important to us. Please visit our
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Functional Areas:
Administration
Requisition ID:
601

Responsibilities:

As part of the Risk Department, the Credit & Capital Market Risk(CCMR) team is responsible for:

  • Working closely with capital market on various risk analysis to support their portfolio management activities.
  • Working closely with execution desk on counterparties analysis and provides recommendations for trading risk/exposure governance.
  • Periodically support senior management in investment decision making by monitoring and assessing up-to-date capital market & credit risk both quantitatively and qualitatively.
  • Recommending course of actions on regulatory developments regarding capital market trading activities.
  • The design and support of the enterprise risk system which involves risk modelling initiatives, risk analytics for investment strategies, stress test etc.
  • In-house quantitative risk system maintenance and enhancements including risk metrics design, implementation, and visualization

You will be a part of a specialized team of professionals with diverse backgrounds. Together, our primary mission is to craft and continuously enhance credit and capital markets risk frameworks. We are also responsible for evaluating our various counterparties. As a co-op, you will report to a Principal in the Risk department’s Credit & Capital Markets Risk team. The role will also provide several opportunities to interact with other teams within the Risk Department as well as the different Investment teams including Total Fund Management and Capital Markets. This is also a fantastic opportunity to:

  • Learn about risk management both quantitatively and qualitatively in a leading investment institution.
  • Get an in-depth exposure into how finance and technology interacts.
  • Get valuable experience in understanding how large financial systems work

The responsibilities of this role will be balanced between supporting the capital markets risk and credit risk management teams within CCMR, which will include the following:

  • Assisting with daily operations and reporting while furthering the automation of processes that support risk analysis.
  • Supporting credit and counterparty risk assessments.
  • Completing ad-hoc projects including the presentation of results to team members.
  • Assisting with the design of risk dashboards in PowerBI.
  • Assisting with the back-testing of models for various financial products.
  • Collaborating with key individuals within Risk and other departments


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Toronto, ON, Canada