Purpose. Performance. People.Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians.With a long-term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide.For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you’ll contribute to outcomes that matter alongside team members committed to excellence and shared success.Role Summary:.Accountabilities & Qualifications:We are currently recruiting interns for Quantitative Finance Internship for the Fall 2026 term and invite students interested in exploring opportunities within quantitative finance to apply. Positions are available for a four- & eight-month internship beginning in September 2026, across several participating teams.Participating TeamsPublic Credit – Credit Investments (4-month Opportunity)Team Overview: The Public Credit (PC) group invests in investment and sub-investment grade, public, single-name credits (such as corporate credits in an individual company) and credit indexes globally across all sectors. The group invests in liquid credit products across the capital structure with a focus on products with higher credit ratings. Instruments include corporate bonds, hard-currency sovereign debt, credit exchange-traded funds, credit derivatives, asset-backed securities, residential mortgage-backed securities and collateralized loan obligations. PC also manages the Supplementary Credit Pool portfolio, a passive portfolio of high grade global corporate bonds.What you’ll do:Leverage programming skills in Python and SQL to develop and enhance proprietary analytical tools.Enhance risk reporting and performance analysis tools.Collaborate with portfolio managers and the Quantitative team to improve models.Monitor credit markets and macro environment to contribute to research and trade ideas.Conduct ad-hoc analysis on portfolio management, market structure, and investment opportunities.Quantitative Models, Applied Research and Models – Total Fund Management (4 or 8-month Opportunity)Team Overview: The Quantitative Models team within TFM develops and delivers advanced analytical models and tools - spanning risk modeling, portfolio optimization, and asset allocation - to support data investment decisions at the total fund level.What you’ll do:Contribute to implementing components of investment models and portfolio analyticsCollaborate with quant researchers and portfolio managers to clarify specifications and interpret resultsAssess and communicate the impact of modeling changes on portfolio metricsContribute to maintaining existing models and tools managed by the teamDynamic Portfolio Management – Total Fund Management (4 or 8-month Opportunity)Team Overview: Dynamic Portfolio Management designs and optimizes the total portfolio by leveraging diversification, investment selection, and tactical positioning, while managing factor exposures and global rebalancing to maximize long-term returns without undue risk.What you’ll do:Under the guidance of senior team members, contribute to the design and implementation of portfolio management tools within DPM.Participate in the design and development of analytic enhancements, to support investment decisionsAssist in preparing presentation materials and presenting investment recommendations.Communicate complex analysis in clear, tailored formats, synthesizing actionable insights for the team.Stay up to date with markets and macroeconomic trends to identify opportunities and risks related to fund exposures.Investment Engineering & Analytics – Active Equities (8-month Opportunity)Team Overview: Team is responsible for delivering data, analytics, and tooling solutions that enable the investment teams within Active Equities (AE). The IEA team partners closely with Technology & Operations to develop, monitor, and maintain the data platform, investor tools, and technology solutions used by the department.What you’ll do:Support day-to-day operations of the IEA platform such as monitoring data quality and partnering with our Technology & Operations team to resolve issues quickly and efficiently for the investorsDesign and implement data pipelines that produce value-added data sets for investment teamsEnhance our analytics platform that measures department and performance metricsBuild and maintain dashboards that surface portfolio metrics to AE managementContribute to the development of custom internal tools that enhance our investment processExplore and experiment with AI solutions to enhance investment workflows and analyticsLearn AE’s business of fundamental equity investing and our role within the CPP FundReceive guidance and mentorship from senior members of the team to support your professional growthInvestment Engineering & Analytics – Capital Markets and Factor Investing (4-month Opportunity)Team Overview: Develops and manages a data and analytics ecosystem for CMF strategies covering a wide range of asset classes. The ecosystem includes foundational data sets, investment signal construction processes, analytical libraries, and tools for constructing and analyzing portfolios.Accountabilities:Contribute to the development of a quantitative investment platform with a focus on volatility and risk premia strategiesPartner with colleagues across the department to understand business needs to deliver creative solutions in a timely mannerParticipate in the daily operation of the investment platform to meet investment needsContinually look for ways to innovate and improve all aspects of our processBe mentored by senior members of the IEA team who will assist with your growth and developmentBeta, Collateral, and Liquidity Management – Total Fund Management (4-month Opportunity)Team Overview: The team works in partnership with groups across TFM and is responsible for the delivery of the total Fund’s Equity and Fixed Income Balancing Portfolios, collateral optimization, leverage, and public market liquidity portfolios.Accountabilities:Helping our team with day-to-day portfolio management, collateral and/or financing activities on the desk, such as risk analysis, profit- and-loss attribution and other analysis.Developing on desk analytical tools.Ad-hoc projects analyzing topics such as portfolio management, trading, collateral, market structure and financing opportunities.QualificationsCurrently pursuing an undergraduate or graduate degree in STEM, business, finance, economics, mathematics, engineering, computer science, or related field, graduating April 2027 or later, with excellent academic performance.Strong problem-solving, analytical, written and verbal communication skills; ability to manage multiple priorities and thrive in a collaborative, dynamic environment.Programming experience in Python (strongly preferred) with exposure to TypeScript, SQL, database management (MySQL, SQL Server, Oracle), and other languages (C++, Java, R, VBA) considered an asset.Interest in finance, global markets, trading, investment management, and market structure, investment management, capital markets, modern portfolio theory, and quantitative portfolio techniques; background or interest in numerical analysis, optimization, linear algebra, or software design is an asset.You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment.Inclusion & AccessibilityCPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs.Attention: Protect Yourself from FraudCPP Investments is committed to a secure and transparent recruitment process. We will never ask candidates for payment or financial information at any stage of hiring. All legitimate opportunities are posted on our careers page, and communications will come from our applicant tracking system, Workday.CPP Investments may use AI tools to help screen and assess applicants by analyzing resumes and applications for relevant skills and experience. These tools support, but do not replace, human decision-making.#LI-ONSITE
