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Investment Management Corporation of Ontario (IMCO) logo

Intern, Cash and Treasury

Toronto, Ontario
CA$45,000 - CA$65,000/annual
Junior
full_time

About the role

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 highly motivated student or recent graduate to join our team! Our Intern Program is designed to support the development of students and recent graduates for future positions by offering one-on-one mentoring, peer and experiential learning, internal training programs, and much more. We are currently accepting applications for undergraduate and master’s level students or recent graduates seeking the opportunity to work in the investment management space.

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 Include:

  • 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 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

Application Information & Deadline: Please submit your resume by January 20th, 2026

What do we offer our Interns?

In addition to paid work experience for a 4 month (May-August 2026 term), we offer a number of developmental opportunities for our hires. This includes:

  • Facetime with our executive team, including career guidance
  • Skill workshops for personal development
  • Industry guest speakers
  • Social events with fellow Interns and IMCO employees

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.

About Investment Management Corporation of Ontario (IMCO)

Financial Services
201-500

The Investment Management Corporation of Ontario (IMCO) manages $77 billion of assets on behalf of its clients. IMCO’s mandate is to provide broader public sector institutions with investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. IMCO is an independent organization, operating at arm’s length from government and guided by a highly experienced and professional Board of Directors.