Summer Intern – Quant Developer, Investment Management
IGM Financial, Makenzie Investments – Toronto Office

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion total assets under management. We provide a broad range of financial planning and investment management services to help more than two million Canadian meet their financial goals. Our activities are carried out principally through IG Wealth Management and Mackenzie Investments.

Under IGM Financial’s unique business model is Mackenzie Investment, founded in 1967. Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support. 

At Mackenzie Investments You Can Build Your Career with Confidence

We have a vision and a strategy to challenge how our industry has traditionally done business, and to help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians. Join an unstoppable team embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable.

At Mackenzie Investments, advancing diversity and inclusion (D&I) is one of the strategic priorities of our organization – we’re committed to doing business inclusively, and that starts with a representative workforce. We encourage applications from all qualified candidates representing the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, and all who may contribute to the further diversification of ideas.

Don’t meet every single requirement listed in the job posting? Studies have shown that women and people with racialized identities are less likely to apply for jobs if they don’t meet every single requirement. We are dedicated to building a diverse inclusive and authentic workplace, so if you’re excited about this role, we encourage you to apply. If you have the skills and a strong desire to do your best work while contributing to an environment where you can indulge your curiosity to learn, you may just be the right candidate.

Position

We are currently hiring an intern looking for a summer term position, (May – August) with the possibility of extending. Candidates in an undergraduate program (preferably in a STEM or investment finance field) that will be returning to school after the internship to be eligible to apply.

The candidate will be helping our small but growing team to develop cutting-edge research and analytical tools. The candidates will be responsible for maintaining and improving the team’s existing core quant infrastructures. The intern will work very closely with all members of the team and will be able to gain exposure to all facets of the business. 

Responsibilities:

• Help evolve our current quantitative tools and infrastructure used to construct portfolios, conduct empirical research, and monitor both passive and alpha generating models and portfolios
• Support and improve the production processes updating database, generating trade signals and portfolios
• Consolidate information needed for running of the risk monitoring and performance attribution systems
• Communicate with trading desk and back office necessary to ensure smooth running of the trading processes

Requirements:

• Possesses strong and demonstrable programming skills in Python and one other secondary language
• Working knowledge of database query and design (Mongodb or SQL)
• Experience working with Cloud computing tools (preferably on AWS). Experience working with docker and Kubernetes is a plus.
• Working knowledge of git and CI workflows. If you have a github profile, include it in your Resume.
• Experienced working with large datasets is considered an asset
• Familiarity with software design patterns and best practices and a capacity to work with a variety of technologies.
• Self-starter with strong problem solving skills and the ability to think outside of the box
• Team player who demonstrates strong interpersonal and communication skills
• Demonstrates strong attention to detail with an ability to produce quality work with a high degree of accuracy.
• Exhibits strong interests in technologies and finance and is keen to apply the latest technologies to solve fascinating problems in quant investing (docker, micro-services, ci, continuous deployment, etc.)
• Good knowledge of statistics and finance, understand global macroeconomics and global financial markets

To apply, please include a cover letter, resume and transcripts (full unofficial version) by January 19, 2025 at 11:59 pm EST.

We thank all applicants for their interest in Mackenzie Investments; however only those candidates selected for an interview will be contacted.

Mackenzie Investments is an equal opportunity employer and is committed to providing employment accommodations in accordance with the Ontario Human Rights Code and the Accessibility of Ontarians with Disabilities Act. Please advise Human Resources if you require an accommodation.