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Student, Risk Modelling (Winter 2025)

Remote: 
Full Remote
Contract: 
Experience: 
Entry-level / graduate
Work from: 

Offer summary

Qualifications:

Completion of third-year undergraduate studies or current master's student in related fields, Proficiency in programming languages like Python, R, Matlab, SQL, Keen interest in financial markets and knowledge of finance, statistics, and risk concepts.

Key responsabilities:

  • Assist in researching and developing risk measures
  • Produce timely and accurate risk analytics
  • Document methodologies for management approval
Alberta Investment Management Corporation (AIMCo) logo
Alberta Investment Management Corporation (AIMCo) Financial Services SME https://www.aimco.ca/

Job description

CLOSING DATE:

November 1, 2024

Opportunity

Are you looking to complement your academic knowledge with professional 'real world' experience? Are you a purpose-driven individual who wants to contribute to your community? Do you enthusiastically follow financial markets or seek out emerging trends in technology? If so, a student position at AIMCo might be the opportunity for you to gain the experience you need to launch your career while contributing to hundreds of thousands of Albertans' financial security. 

Highly successful students at AIMCo share many of the same characteristics. They are intellectually curious, diligent and responsible, with a desire to enhance their finance, data, programming and communications skills. They take advantage of their time at AIMCo by building relationships with our talented workforce and each other. AIMCo's students support one another through challenges and enthusiastically celebrate their accomplishments. Often, they use their term to enhance their technical skillsets and build out their professional network. 

The Risk Modelling team is responsible for maintaining and developing the risk models and accurate and timely risk analytics. This involves:  
• Researching, developing, and implementing risk models for all financial instruments that are traded by AIMCo in consultation with the other teams within Investment Risk  
• Automation of reporting to improve accuracy and increase the number of relevant risk analytics

Note: This is a 4-month term starting in January 2025 through April 2025.

Responsibilities
  • Assisting the team in researching, developing and enhancing various risk measures based on industry best practices
  • Researching and investigating financial instrument/risk modelling concepts  
  • Operating the investment risk solution to produce timely, accurate and relevant risk analytics to support decision making  
  • Documentation of methodologies and processes for management and investment risk committee approval

Ideal Candidate Qualifications
  • Completion of third-year undergraduate studies or current master’s students in Business or Quantitative programs (Finance, Economics, Mathematics, Computer Science, Engineering, etc.).
  • Proficiency with programming language(s) (e.g. Python, R, Matlab, SQL) is desired 
  • Keen interest in the financial markets and good knowledge of finance, statistics, and risk concepts 
  • Exceptional attention to detail and an ability to manage multiple tasks and work under pressure to meet deadlines 
  • Exceptional research and problem-solving abilities
  • Demonstrates a strong commitment to AIMCo's core values of excellence, transparency, humility, integrity and collaboration, and inspires the same in others 

Success Measures

As a successful student, you will learn about the functions of a high performing Investment Risk Analytics team and will assist the team in delivering on team objectives. Daily, you will play a key role in validating and analyzing risk results. You will be coached and developed to continue to gain unique skills within a collaborative and goal-oriented team.

Important: This posting will close at 11:59pm on October 31, 2024.

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs
 

Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries.

Required profile

Experience

Level of experience: Entry-level / graduate
Industry :
Financial Services
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Verbal Communication Skills
  • Analytical Skills
  • Financial Literacy
  • Detail Oriented
  • Problem Solving
  • Time Management

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