Structured Solutions and Nonlinear ETFs Intern, Winter 2027 (Co-op/Internship) - 4 months

About the role

Four-month Winter 2027 internship in Toronto with BMO’s Structured Solutions & Non-Linear ETFs team. Apply programming, mathematics, statistics, and financial engineering skills to derivatives pricing, quantitative research, portfolio analytics, risk monitoring, ETF strategy development, and investment technology supporting multi-billion-dollar portfolios alongside portfolio managers and quantitative researchers.

About the Team

• Develops and manages investment strategies using derivatives, structured products, quantitative models, and ETFs.
• Works across portfolio management, quantitative research, derivatives structuring, and investment technology.
• Designs, prices, executes, and monitors portfolios with options, structured notes, volatility strategies, and non-linear payoffs.

Responsibilities

• Develop quantitative models for portfolio construction, security selection, Monte Carlo simulations, and systematic investment strategies.
• Assist with derivatives pricing, structured-product valuation, option sensitivities, cash flows, and payoff analysis.
• Build tools monitoring portfolio Greeks, profit-and-loss attribution, risk exposures, performance, and market-event impacts.
• Develop Python, SQL, and VBA tools, databases, data pipelines, automated reporting, and investment workflows.
• Support ETF, equity, volatility-market, structured-product, portfolio, and investment-committee analysis.

Learning and Development

• Gain practical experience in derivatives pricing, Monte Carlo simulations, quantitative portfolio management, and ETF strategy development.
• Learn about structured products, autocallables, risk management, portfolio analytics, financial software, databases, and automation.
• Work alongside portfolio managers and quantitative professionals on investment decisions and analytical tools.
• Access BMO Academy, student activities, mentorship opportunities, and employee resource groups through the campus program.

Application

• Submit a cover letter, resume, and unofficial academic transcript.
• Only students enrolled in an academic program and returning to studies qualify for co-op or internship opportunities.