Intern, Capital Markets, External Managers Group (Summer 2024- 8 Month Contract)

Posted 24 August 2023

Intern, Capital Markets, External Managers Group (Summer 2024- 8 Month Contract) at Ontario Teachers' Pension Plan

Administration Internships Toronto

Experience: Not specified
Salary Range: Not Specified

Close date: 23 September 2023

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Position Description

The deadline to apply for this role is: September 30, 2023

The Opportunity

May 2024-Decemeber 2024

When you work in an internship role in the Capital Markets department you will have an engaging work experience where you can apply your analytical skills and passion for markets at a leading investment firm while experiencing the dynamic nature of the trading floor environment.

This “full-immersion” experience unfolds in a friendly and open environment where you will work side by side with highly experienced investment professionals and more recent graduates. We embrace diversity of thought and pride ourselves in our strong learning culture. As an added benefit, our interns have access to industry tools, research and the opportunity to interact with traders, portfolio managers and economic researchers.

Who you’ll work with

We are looking to fill an 8-month internship position starting May 2024 in the Hedge Funds team within the External Managers Group, Capital Markets. The External Managers Group consists of 15 investment professionals based in Toronto and London. The Hedge Fund team’s mandate is to deliver uncorrelated absolute return in public markets by investing in external investment managers. As part of the team of 8, you will work closely with portfolio managers on day-to-day investment activities and on longer-term research projects which connect directly to our risk-taking activities.

As an intern in Capital Markets, you will be encouraged to make the most of your Teacher’s experience by asking questions and getting involved in our daily business right from Day 1.

Daily responsibilities may vary but generally involve building market analytics, monitoring and reporting on key drivers of risk, exposures, and profit/loss across various strategies and managers, as well as assisting in research for new and current investment strategies.You will have the opportunity to learn more about the hedge fund industry and interesting trading strategies spanning various asset classes through interfacing with top tier hedge fund managers.

You will also participate in a term-length portfolio management case to develop and test your investment skills, nurture your interest in capital markets and help assess your interest in risk taking. Furthermore, you will have a chance to explore the work of other groups, not just your own, by attending networking and lunch-and-learn sessions.

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
  • Degreed: a digital platform that helps you quickly and easily discover, share, and track various learning resources — from courses to videos to articles and more

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'.

Required Skill / Experience

What you Need

  • You have a demonstrated passion and curiosity for financial markets and investments.
  • Strong Excel skills and basic programming skills (such as Python)
  • You are an entrepreneurial thinker and possess strong problem-solving skills.
  • Your dream is to work in a stimulating environment and to collaborate with your peers and managers.
  • You are a developing leader, with excellent analytical, social and communication skills.
  • You are able to multi-task, have phenomenal time management, leadership skills and work ethic.
  • Must be enrolled in 3rd / 4th year of an Undergraduate program or a related Masters’ program
  • You must be enrolled in a co-op program or returning to your studies after the work term is completed

*Eligible candidates will be invited to complete a short coding assessment. Please note that for this position, the ability to code is a nice-to-have asset. This assessment is intended to provide a general sense of your current level of comfort with coding*

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