Analyst Intern, Financial Engineering & Modeling, Financial Advisory - Winter 2025 - Toronto

A career in Financial Engineering & Modelling, Financial Advisory will offer you the opportunity to work in a fast growing and challenging environment with like-minded people who are eminent in financial risk management.

As an Analyst Intern on our Financial Engineering & Modeling team, you will:

• Develop and/or review different financial risk management streams
  • Market Risk
  • Credit Risk
  • Liquidity Risk and Treasury Management
  • AML and Fraud Risk
  • Investment Risk and Performance
  • AI/ML modeling
  • Insurance Risk
  • Financial Instrument (exotic derivatives) Valuation
  • And more
• Be involved in different risk management consulting projects for our clients
• Act as a quantitative finance specialist
• Learn and practice financial risk management and OSFI’s financial risk governance and framework
• Contribute to practice growth and development

The Financial Engineering & Modeling team comprises of an eminent bunch of subject matter experts from Quantitative Finance backgrounds working across all streams of financial risk.

Working with this team will offer you the opportunity to:

• Work in a fast-paced and thought-provoking environment with like-minded people who are experienced and respected in quantitative finance fields
• Engage in group works with our team to develop solutions for our clients
• Develop professional skills needed to advance in your chosen career path
• Gain exposure to high-profile clients including banks, insurance firms, funds, credit unions, asset management companies through a variety of engagements

In this role, the expected qualifications are:

• Working towards completing a master or PhD degree in Physics, Mathemetics, Finance, Mathematical Finance, Quantitative Finance, Financial Engineering, Statistics, Econometrics, Computer Science, Actuarial Science or any other relevant programs
• Knowledge in the following areas would be an asset:
  • Regulatory requirement of the OSFI
  • Market risk
  • Credit risk
  • Treasury and liquidity risk
  • Anti-money-laundry and Fraud Risk
  • AI/ML modeling
  • Actuarial and AXIS modeling
  • Financial Engineering, complex financial products and exotic derivatives
  • GIPS standards and guidance
• Enrolled in relevant professional designation (i.e. FRM, PRM, CFA, ASA, FSA) is beneficial, though not required
• Strong communication skills (written and verbal), including experience in conducting research, synthesizing data, writing reports and preparing presentations, working in pressure of deadlines
• Knowledge about Bloomberg/Reuters, and FINCAD
• Good programming skills (e.g. SAS/R/Visual Basic/C++/Python/Pathwise/AXIS) and knowledge of database tools

The salary range for this position is $47,000.00 - $61,000.00, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. Some representative examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, 35+ days off (including 6 firm-wide closures known as "Deloitte Days"), flexible work arrangements and a hybrid work structure.