Intern, Public Markets Operations

Investment Management Corporation of Ontario (IMCO); Toronto; Hybrid; CAD 45,000 - 65,000; Full time

Job summary

IMCO is seeking an Intern, Public Markets Operations in Toronto to support investment administration and trading activity in the public markets.

The role is a 13-month internship (Dec 1, 2026 – Dec 31, 2027) aimed at students or recent graduates, reporting to the Manager, Investment Operations. You will engage with multiple internal and external partners and contribute to operational processes and reports.

Qualifications

• Pursuing an undergraduate degree in Business, Finance or Computer Science.
• Minimum of two co-op work terms completed.
• Working knowledge of relational databases and SQL and VBA preferred.
• Strong oral and written communication with internal and external stakeholders.
• Attention to detail and comfort working with data applications.
• Proficiency with MS Office tools (Excel, Word, Power BI, Planner, SharePoint).

Responsibilities

• Assist with oversight and monitoring of custodian and administrator service levels.
• Provide support and monitor the full life cycle of daily trading activities.
• Assist in daily and monthly reconciliations and NAV validations.
• Document and maintain operational procedures and trade support processes.
• Assist Data Team by providing specs and formats for new accounting/custody reports.
• Identify opportunities for innovation through technology and automation.

Skills

SQL

VBA

Databases

Education

Undergraduate degree in Business, Finance or CS

Tools

Power BI

Power Automate

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.

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. 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.

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.