Intern, Public Markets Operations

Investment Management Corporation of Ontario; Toronto; On-site; CAD 45,000 - 65,000; Full time

Job summary

Investment Management Corporation of Ontario (IMCO) is seeking an Intern, Public Markets Operations in downtown Toronto for a 13‑month term from December 1, 2026, to December 31, 2027. The role supports investment administration and daily trading activity within the public markets.

Current students or recent graduates pursuing an undergrad in Business, Finance or Computer Science with at least two co‑op terms, strong communication, and comfort with data tools like SQL and Power BI are encouraged

Qualifications

• Undergraduate degree in Business, Finance or Computer Science.
• Two or more co‑op terms are required or preferred.
• Working knowledge of relational databases and SQL; VBA or other programming languages is a plus.
• Strong written and verbal communication; detail‑oriented with data aptitude.
• Proficiency in MS Office and related data tools.

Responsibilities

• Assist with oversight and monitoring of custodian/service levels and supplier relationships.
• Support full life cycle of daily trading activities and reconciliations.
• Document and maintain operational procedures and trade support processes.
• Assist Data Team with providing specs to build custody reports for new pools.
• Identify and drive automation to improve operational efficiency.
• Assist with planning, scoping, testing, and implementation of new internal systems.

Skills

SQL and relational databases

Communication skills

Data analysis with Excel

Attention to detail

Project management

Education

Undergraduate degree in Business/Finance/Computer Science

Two or more co‑op work terms

Tools

Power BI

SharePoint

Visio

Power Automate

Planner

SQL

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. We are looking for a motivated Intern, Public Markets Operations to join our team! This is a 13 month internship opportunity, with target contract from December 1, 2026 - December 31, 2027. This position is ideally suited to current students or recent graduates.

As a key member of our Investment Finance team, the Intern, Investment Operations (Public Markets), will be responsible for supporting investment administration and operations. The role is responsible for support and monitoring daily trading activity within the public market environment. Liaise regularly with various external and internal parties, including clients, custodians and administrators, auditors, investment finance, corporate finance, cash management, legal, investment front office and others. This position reports to the Manager, Investment Operations.

Responsibilities Include:

• Assisting with the oversight and monitoring of custodian and administrator service levels and other supplier relationship management duties.
• Provide support and monitor the full life cycle of daily trading activities.
• Assist in the preparation with daily and monthly reconciliations and NAV validations.
• Assist the Manager, and operations team, in documenting and maintaining operational procedures and trade support processes.
• Assist the Data Team with providing specs and format to build new accounting/custody reports on custody related to new pools.
• Identify and champion innovation through technology and automation to achieve operational efficiencies
• Assist with project planning, scoping, testing, and implementation related to new internal systems.

What do you need to succeed?

• Working towards an undergraduate degree in Business, Finance, or Computer Science.
• Minimum of two (2) or more co‑op work terms.
• Working knowledge of relational databases and SQL, VBA or other programming languages is preferred.
• Strong oral and written communication skills, being able to communicate comfortably with both internal and external stakeholders.
• Strong attention to detail with demonstrated desire and aptitude for working with data applications.
• Self‑management and organizational skills to manage multiple priorities in a fast‑paced environment.
• Proficient with MS Suite (Excel, Word, Power Automate, Power BI, Planner, SharePoint, Visio).

The base salary range for this position is CAD $45,000 to $65,000. The placement within the range is determined by the role and assessment of the candidate’s year of study and relevant work experience.

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.