Associate Investment Risk Research and Analytics

Investment Management Corporation of Ontario; Toronto; On-site; CAD 70,000 - 100,000; Full time

Benefits offered by this job

Annual incentive plan

Comprehensive benefits

Defined benefit pension

Job summary

Investment Management Corporation of Ontario (IMCO) seeks an Associate for Investment Risk Research and Analytics in downtown Toronto. The role focuses on designing, developing and deploying investment risk reporting solutions and supporting daily risk production.

You will model risks, prototype analytics, and integrate front-office risk insights with governance and client reporting. You should bring a degree in a quantitative field with 1–3 years in risk analysis, strong SQL, Python, MATLAB,

Qualifications

• Bachelor’s degree in a quantitative discipline; master’s degree preferred.
• 1–3 years in investment risk analysis, reporting, and technology.
• Proficiency in SQL, Python, MATLAB, VBA, SAS, C++ or equivalent.
• Advanced knowledge of Microsoft Office, Power BI and market data tools.

Responsibilities

• Develop an investment risk dashboard to integrate risk into decisions.
• Maintain and deliver policy limit monitoring and client reporting.
• Support daily risk production and reporting for risk systems.
• Prototype new risk analytics, methodologies and reporting solutions.
• Model new and existing trades and support portfolio risk analysis.
• Collaborate to enhance front office risk analytics in reporting.
• Communicate complex information clearly to stakeholders.

Skills

Analytical skills

Independent thinking

Communication skills

Collaborative skills

Education

Bachelor’s degree in a quantitative discipline

Master’s degree preferred

Tools

SQL

Python

MATLAB

VBA

SAS

C++

Power BI

Bloomberg/Refinitiv/Capital IQ

Job description

At IMCO, our talent is among the best! IMCO offers a uniquely stimulating and rewarding environment where you can help build and drive organizational transformation, all while seeking to challenge yourself, learn, and grow your career. Our culture is built on collaboration and passion, with a shared commitment to delivering lasting value to the clients we serve. Located in downtown Toronto, our vision is to be the partner of choice for Ontario’s public sector funds and to build a high-performing, value-driven asset management firm. This job posting is for an existing vacancy. If you are ready to deliver best-in-class service and join a collaborative, motivated and fun team of professionals, IMCO offers the opportunity to do impactful work and broaden your expertise. If you’re looking to use your expertise to drive strategic outcomes, we’d love to hear from you. As part of the Investment Risk Research and Analytics team, the Associate, Investment Risk Research and Analytics will contribute to research, development, and deployment of all investment risk reporting and analytics in support of IMCO’s stakeholders. The Associate will be responsible for designing, developing and deploying investment risk reporting solutions. The role also requires participation in modeling of new holdings and supporting daily risk production and reporting. We are seeking an individual with broad capital markets knowledge, exposure to investment risk systems, and the technology and data required to support them. A drive to improve existing processes and attention to detail are desired.

As a Member of Our Team, You Will:

Participate in the development of an investment risk dashboard for monitoring investment risk related issues, enabling investment risk to be fully incorporated into the investment decision making process.

Assist in the maintenance and delivery of Investment policy limit monitoring and client reporting, including portfolio analytics, stress testing, and concentration risk metrics.

Support daily risk production and reporting for the risk system.

Prototype new risk management analytics, methodologies, and reporting solutions.

Participate in the set-up and maintenance of modelling for new and existing trades, with other members of the Investment Risk team.

Work with Investment Risk Support and Investment teams to integrate and enhance Front Office risk analytics into the reporting process.

Understand and anticipate the impact of system and model changes on risk analytics and reporting.

Perform ad hoc analysis and research in support of investment target validation and policy review, testing the appropriateness of various strategy benchmarks, client target SAA, etc.

Partner with stakeholders to drive and support change and to assist in meeting IMCO’s objectives.

What do you need to succeed?

Strong academic background including a minimum of a bachelor’s degree in a quantitative discipline (mathematics, statistics, quantitative finance, or equivalent).

A master’s degree in a quantitative discipline is preferred.

1-3 years of experience working in investment risk analysis, reporting, and technology.

Demonstrated portfolio and risk modelling skills.

Proficiency in SQL, Python, MATLAB, VBA, SAS, C++ or equivalent.

Highly proficient in Microsoft Office, Bloomberg/Refinitiv/Capital IQ, database tools and Microsoft Power BI.

Working knowledge of investment risk management and performance attribution, reporting principles and practices across asset classes/strategies and markets (public and private).

Ability to identify, evaluate and resolve complex issues and problems with strong analytical skills.

Ability to think independently and take initiative to seize opportunities and minimize issues.

Strong collaborative skills.

Excellent communication skills with the ability to report complex information clearly and concisely.

The base salary range for this position is CAD $70,000.00 - $100,000.00. The placement within the range is determined by the range of market pay for the specific position, as well as the candidate's knowledge, skillset and experience relative to the requirements of the position and to internal peers. In addition to base salary, this position is eligible to participate in IMCO's annual incentive plan. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you with the specific details for this position, as well as the total rewards offering at IMCO including our comprehensive benefits package and defined benefit pension plan.

We thank all applicants for their interest. Only those selected for an interview will be contacted.

Our hybrid work model prioritizes an office-first approach, encouraging employees to make the most of our collaborative workspace at 16 York Street, Suite 2400, Toronto, ON M5J 0E6. This welcoming environment fosters teamwork, connection, and professional growth. While flexibility remains a key component of our model, we believe that regular in-office engagement enhances productivity and strengthens our culture. Our approach supports a fulfilling lifestyle that balances professional ambition with personal wellbeing.

IMCO is committed to providing accommodation for people with disabilities throughout the recruitment process. If you require support, please let us know and we will work with you to meet your needs.

Artificial intelligence (AI) tools may be used to support parts of our recruitment process, such as screening and assessments. However, all hiring decisions are made by our recruitment team.

Candidates being considered for this position will be required to undergo background screening.

The Investment Management Corporation of Ontario (IMCO) is Ontario’s professional asset manager, investing on behalf of our public sector clients so they can care for beneficiaries and secure retirement futures. With approximately $90.7 billion in assets under management, we are one of the largest institutional investment managers in Canada and around the globe. Our mandate is to provide broader public sector clients with exceptional investment management services, including best-in-class advice around portfolio construction, efficient access to a diverse range of asset classes and superior reporting on risks and returns. Our vision is to rank among the world’s leading public-sector asset managers. We will achieve this through an unwavering focus on creating client value. That means ensuring that we deliver the returns required for our clients to meet their long-term financial obligations.