Student Intern - Risk Management (Winter Term)

at  TMX

Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we’re powering some of the nation’s most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
TMX’s post-trade services include the Canadian Depository for Securities Limited (CDS) and Canadian Derivatives Clearing Corporation (CDCC).
As part of the Risk Oversight team, the Student Intern will contribute their problem-solving skills and keen curiosity to develop solutions that will help the team deliver on the CDS and CDCC strategic project initiatives. The Intern will work at the intersection of risk management, business and technology.
Key Accountabilities
Develop tools, processes and analytics that could help the team enhance its validation process
Design scripts to automate reports and processes, including data extraction, cleaning, transformation and reporting
Conduct research on different topics related to CCPs and financial risk management to identify the best practices in the industry and market trends
Collaborate with other team members to build action plans and other materials on various topics
Skills and Experience
Currently working towards a Master’s degree in a quantitative or focused field such as Mathematics, Economics, Engineering or Business
Exceptional communication, strong time management and organization abilities
Excellent quantitative and data analysis skills
Interest in the financial markets and the role of the Clearing Houses in the market ecosystem
Good understanding of market, credit and liquidity fundamentals combined with a willingness and ability to quickly learn new concepts and techniques
Nice to haves
Strong technology and information system skills, e.g. Matlab, SQL, VBA, R.
Working environment
Hybrid role: 2-3 days per week in the downtown Toronto office
4 month Co-op Internship: January 6, 2025 - April 25, 2025
In the market for…
Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.
Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it

Please refer the Job description for details