I

Investment Management Corporation of Ontario

Manages assets for public sector clients

Enterprise Risk Intern

Summer 2027Posted on 10/19/2026Deadline 11/3/26
CA$45k - CA$65k
Internship
Toronto, ON, Canada
HybridOffice-first hybrid model; regular in-office engagement is encouraged.
Finance & BankingRisk Management

About the job

Requirements
  • Intermediate proficiency with PowerPoint.
  • Strong research and analytical skills.
  • Ability to conceptualize and present information effectively for a range of readers.
  • Ability to work collaboratively with colleagues at all levels.
  • Strong problem-solving skills, attention to detail, and writing skills.
  • Ability to work in a fast-paced environment.
Responsibilities
  • Analyze quarterly Enterprise Risk Management survey results and create a PowerPoint deck presenting key messages.
  • Participate in Business Impact Analysis and risk identification and assessment meetings, and assist with updating departmental Business Continuity Plans.
  • Research Enterprise Risk Management topics, including reputation risk, risk appetite, key risk indicators, and Business Continuity Management topics.
  • Develop a brief report on emerging risks facing institutional investment firms for senior management and board-level risk reporting.
  • Support facilitation of the third-party risk process by assisting in reviews of new or existing vendors.
  • Lead end-to-end mapping of key Enterprise Risk Management, Business Continuity Management, third-party risk, and model risk processes.

About the company

I

Investment Management Corporation of Ontario

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IMCO manages about $86 billion in assets for Ontario’s broader public sector, providing investment management, portfolio construction advice, access to a wide range of asset classes, and risk management. It acts as the investment manager for its clients, building and adjusting portfolios, selecting asset classes, and applying risk controls to balance return with safety, with decisions guided by a professional team and board oversight. The organization differentiates itself by serving Ontario public-sector clients at arm’s length from government, with governance designed to fit public-sector needs and broad access to diverse investments. Its goal is to help clients grow and protect their assets through professional management, diversified portfolios, and strong risk management while staying independent from government.

Company Size

201-500

Company Stage

N/A

Total Funding

$1.6B

Headquarters

Toronto, Canada

Founded

2016

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Simplify's Take

What believers are saying

  • Hamilton chose IMCO in July 2026, adding about $300 million in assets.
  • IMCO committed $300 million to Pembina Gas Infrastructure and bought TIP Group exposure.
  • 2025 return hit 7.4% and assets rose to $90.7 billion despite volatility.

What critics are saying

  • Private markets underperformed benchmark in 2025; real estate lost 0.5% and trails badly.
  • CIO Rossitsa Stoyanova exits in January 2027, forcing a leadership handoff during expansion.
  • If returns keep lagging, municipalities and pensions shift mandates away from IMCO.

What makes Investment Management Corporation of Ontario unique

  • Ontario-backed allocator with $90.7 billion AUM and direct dealmaking muscle.
  • Built-for-purpose manager for public pensions, now winning Hamilton’s $300 million mandate.
  • Cross-border infrastructure investor backing TIP Group, Pembina Gas Infrastructure, and KingSett in 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Hybrid Work Options
  • Flexible Work Hours

Company News

Simmons & Simmons LLP
Jul 28th, 2026
Simmons & Simmons advises IMCO on minority investment in TIP Group.

Simmons & Simmons advises IMCO on minority investment in TIP Group. Simmons & Simmons has advised the Investment Management Corporation of Ontario (IMCO) on its acquisition of a significant minority interest in TIP Group (TIP) 28 July 2026 International law firm Simmons & Simmons has advised the Investment Management Corporation of Ontario (IMCO), one of Canada's largest institutional investors, on its acquisition of a significant minority interest in TIP Group (TIP), a leading pan European transportation equipment leasing and services platform. Headquartered in Amsterdam, TIP operates a fleet of around 90,000 trailers, trucks and specialised equipment and provides integrated leasing, rental, maintenance and repair, digital fleet solutions and used equipment sales to more than 15,000 customers. Its network spans over 130 locations across 17 countries, making it one of Europe's largest trailer leasing and equipment services businesses. The transaction, involving IMCO and global leader in alternative investments GCM Grosvenor acquiring a 25% minority interest from I Squared Capital, aligns with IMCO's infrastructure strategy focused on resilient businesses and stable cash flows. Completion is expected to take place Q1 2027, subject to regulatory and foreign investment approvals. Simmons & Simmons worked alongside leading Canadian law firm Torys to advise IMCO, with a cross border team led by London Partner Jason Daniel, drawing on the firm's wide infrastructure and private capital expertise with support across the firm's offices in the UK, Netherlands, France, Germany and Italy. Jason Daniel commented: "This transaction is an important step for IMCO as it builds out its direct infrastructure portfolio through exposure to critical transportation assets across Europe. Our international team worked closely with the Torys team to support IMCO in navigating this complex, multi jurisdictional deal, reflecting TIP's role in supporting the wider European logistics ecosystem." Sign up to get the latest legal know-how delivered straight to your inbox.

FinanzNachrichten.de
Jul 14th, 2026
I Squared Capital sells 25% stake in TIP Group to IMCO and GCM Grosvenor

I Squared Capital has agreed to sell a 25% minority stake in TIP Group, a leading European transportation equipment leasing platform, to Investment Management Corporation of Ontario and GCM Grosvenor. Financial terms were not disclosed. TIP Group, headquartered in Amsterdam, operates a fleet of approximately 90,000 trailers, trucks, and specialised equipment across 130 service locations in 17 countries, serving over 15,000 customers. Since acquiring TIP in 2018, I Squared has transformed the business through organic investment and 30 strategic acquisitions, more than doubling both revenue and EBITDA. The firm expanded TIP's geographic footprint, strengthened its maintenance network, and invested in fleet refurbishment, electrification, and digital capabilities. The transaction is expected to close in the first quarter of 2027, subject to closing conditions and regulatory approvals.

Business Examiner
Sep 12th, 2025
BRITISH COLUMBIA MOVERS & SHAKERS SEPTEMBER 12, 2025

Darren Tangen has been appointed as the new President of Vancouver-based real estate developer Westbank.

Business Wire
Aug 28th, 2024
euNetworks Closes on €2.1 Billion Equity Recapitalisation

euNetworks closes on €2.1 billion equity recapitalisation. Investors in the recap included Stonepeak, IMCO, APG, Mercer & Aware Super.

Newswire
Apr 5th, 2024
IMCO posts 5.6% one-year return in 2023

IMCO Fundamental Equities' team invested US$150 million in CoreWeave, a leading specialized GPU cloud provider.