04 Sep
|
Investment Management Corporation of Ontario
|
Ontario
04 Sep
Investment Management Corporation of Ontario
Ontario
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 is a 12-month contract position ending August2027. Ideal for recent graduates and to university students taking a sabbatical. Being part of Cash Management and Treasury Department, the successful candidate will support the day-to-day Liquidity Management, Cash and Collateral daily operation. The role will play a key part in preparing liquidity report by liaising regularly with various internal and external stakeholders, including Investment Finance team, Corporate Finance team, Custodians and Administrators, Investment Team and Others. The successful candidate will be equipped with not only the knowledge of Cash Management and Treasury but also the understanding of strategic decisions regarding Treasury and how these decisions are related to other Investment decisions.
Responsibilities Prepare daily liquidity reports for internal stakeholders (e.g., Total Portfolio Management, Risk)
Manage daily cash positions to ensure sufficient liquidity
Monitor daily cashflow receipts and outgoing payments for various investments
Process cash transfers within a timely matter
Ensure trades are settled within market timelines
Verify and provide wiring instructions for multiple currencies
Evaluate and identify opportunities for improvement relating to mitigating operational risk
Maintain external relationships with various internal teams, clients, banks, custodians, and brokers
Other duties as assigned.
What do you need to succeed? Self-starter with great work ethic and be able to work in a fast-paced environment
Strong personal skills with the ability to work collaboratively with colleagues of all levels
Excellent problem-solving skills with a strong attention to detail
Proven technical skills in but not limited to Excel/VBA, Word, PowerPoint, Power Automate, Power BI and Bloomberg
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.
Benefits 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 M5J0E6.
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.
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.
Company Background The Investment Management Corporation of Ontario (IMCO) is Ontario’s qualified 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.
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📌 Intern, Cash and Treasury (Ontario)
🏢 Investment Management Corporation of Ontario
📍 Ontario