Mackenzie Investments

Summer Intern, Investment Analyst (Quantitative)

Job Location US-MA-Boston
Posted Date 2 days ago(12/20/2024 7:59 PM)
# Positions
1
Job Type
Full Time
Job Industry
Financial Services and Banking
Career Level
Student
Years of Experience
<1

Job Description

IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $188.4 billion USD in 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, Mackenzie Investments and Investment Planning Counsel.  

 

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 

Mackenzie Investments’ Global Quantitative Equity boutique based in Boston, MA is looking for an Investment Analyst (Quantitative) for the summer term.  This team utilizes a bottom-up, fundamental quantitative approach and efficient trade execution in seeking to generate alpha.  Consisting of a blend of seasoned industry professionals with lengthy track records and tech-savvy recent graduates, the team implements traditional and alternative strategies in global and emerging markets. 

  

The Investment Analyst candidate will be responsible for conducting quantitative research, advancing portfolio management analytics, and performing portfolio management activities.  As a member of this investment team, you will contribute to the quantitative analysis of institutional portfolios and build and enhance alpha modeling, portfolio management and monitoring systems.  

 

The ideal candidate is passionate about investments, driven, innovative and creative, a strong team player, humble, and possesses strong decision-making skills and the highest standard of honesty and integrity. She/he is engaged and motivated by achieving excellence as part of a dynamic team, one which continuously strives to be the best in the field. 

 
Primary responsibilities 

  • In conjunction with Portfolio Managers and Analysts on the team, assist in development of stock selection models for Emerging Markets, Global, International and US portfolios 
  • Research and improve portfolio construction and optimization techniques 
  • Create quantitative tools and infrastructure used to construct portfolios, conduct empirical research, and monitor portfolios 
  • Support day-to-day portfolio management activities 
  • Create presentation materials for Portfolio Managers 
  • Present analysis and investment ideas to Portfolio Managers 
  • Monitor research and events in the quantitative investment field with the goal of gaining investment and process insights that can enhance portfolio returns and risk  
  • Understand global macroeconomics and global financial markets with the goal of generating insights to improve risk adjusted returns of portfolios 

 

Minimum requirements 

  • Actively pursuing a degree in Computer Science, Engineering, Finance, Economics, Statistics or other quantitative discipline (Master’s degree welcome) 
  • Advanced knowledge of programming (Python), database knowledge (SQL)  
  • Knowledge of Bloomberg, Factset, Axioma 
  • A “can do” attitude as part of an entrepreneurial group within an established firm 
  • Attention to detail and flexibility to work both independently and as part of a team 
  • Excellent communication skills, both written and verbal 

 

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.

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