Co-op, Risk Management (2026-01)

ONEX; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A leading investment firm in Toronto is seeking summer students for a Risk Management Co-op position. Successful applicants will monitor risk levels, develop quantitative tools, and assist in scenario testing. Candidates should have strong programming skills, exceptional analytical abilities, and excellent communication skills. This opportunity offers hands-on experience with investment professionals and fosters collaboration in a diverse team environment.

Qualifications

• A passion for weighing incomplete information to assess probabilities across outcomes.
• Exceptional programming skills in at least one industry-standard language such as Python, C#, Java or C++.
• Strong Excel skills; VBA or other programming experience is helpful.
• Excellent analytical and quantitative skills, particularly in statistics.
• Effective communication with investment professionals and ability to collaborate across teams.
• Great attention to detail.
• Strong academic standing.

Responsibilities

• Help monitor and measure risk levels at both a Fund portfolio level and a client experience level.
• Develop quantitative tools that generate ideas using relative value and historical analysis.
• Build reports to communicate risk characteristics to portfolio managers and client relationship managers.
• Assist in implementing scenario market shocks to test the robustness of portfolio construction.
• Investigate cross-asset relationships and map how they change throughout an economic cycle.

Skills

Programming skills in Python, C#, Java or C++

Strong Excel skills

Analytical and quantitative skills

Effective communication

Attention to detail

Education

Strong academic standing

Tools

Bloomberg

Job description

Overview

Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, Onex has a long track record of creating value for clients and shareholders and is listed on the Toronto Stock Exchange under the symbol ONEX. The company’s two primary businesses are Private Equity and Credit, with funds and strategies across private credit, liquid credit and public equity. Onex manages a broad range of global investors, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals.

Onex has substantial assets under management and generates value through two segments: Investing and Asset Management.

The Opportunity

We are looking for summer students to join Onex (OCAM) as a Risk Management Co-op. The term is four months. Successful applicants will work with risk leadership and senior investment professionals, take on increasing responsibilities, and actively participate in the investment decision process.

What You Will Do

• Help monitor and measure risk levels at both a Fund portfolio level and a client experience level
• Develop quantitative tools that generate ideas using relative value and historical analysis
• Build reports to communicate risk characteristics to portfolio managers and client relationship managers
• Assist in implementing scenario market shocks to test the robustness of portfolio construction
• Investigate cross-asset relationships and map how they change throughout an economic cycle

What You Will Bring

• A passion for weighing incomplete information to assess probabilities across outcomes
• Exceptional programming skills in at least one industry-standard language such as Python, C#, Java or C++
• Strong Excel skills; VBA or other programming experience is helpful
• Excellent analytical and quantitative skills, particularly in statistics
• Effective communication with investment professionals and ability to collaborate across teams
• Familiarity with Bloomberg is an asset
• Great attention to detail
• Strong academic standing

Diversity Equity & Inclusion

Onex recognizes that a diverse team and inclusive environment are vital to success as an investor and asset manager. We are committed to attracting and retaining diverse backgrounds, fostering awareness of diversity issues and benefits, and embedding accountability for diversity throughout the firm. The Diversity & Inclusion Leadership Council champions diversity across the firm and supports the development and success of Onex’ employee resource groups.

Environment, Social & Governance

As a public company, Onex is committed to delivering value for shareholders, investors, employees, operating companies and communities. We uphold high governance standards and continuously enhance our ESG program, including measuring carbon emissions across Onex and its platforms. We participate in industry initiatives such as the ESG Data Convergence Initiative, Initiative Climat International, the Principles for Responsible Investment, and other sustainability alliances. Our program will continue to evolve in line with best practices while remaining rooted in responsible investing. Accommodations for recruitment are available upon request; contact [e-mail] for accessibility needs.

Our Team & Commitment

Onex is led by its CEO and experienced leaders across its businesses. We have approximately 120 investment professionals and about 165 corporate functions professionals. Our One Onex approach fosters collaboration, accountability, intellectual honesty and respect across teams. Our team emphasizes entrepreneurialism, responsible investing, and alignment of interests among management, the Board, shareholders and limited partners.