2x Co-op, Risk Management (2025-09)

ABOUT ONEX:

Onex is an investor and asset manager that invests capital on behalf of Onex shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Onex became a public company in 1987 and is listed on the Toronto Stock Exchange under the symbol ONEX.

Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors and invest them, along with Onex’ own investing capital, through the funds of our private equity  platforms: Onex Partners and ONCAP. Similarly, in Credit, we raise and invest capital across several private credit, liquid credit and public equity strategies. Our investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high net worth individuals. Onex has $50.0 billion in assets under management (“AUM”), of which $34.1 billion is fee-generating and $8.5 billion is Onex’ own investing capital.

THE OPPORTUNITY:

We are looking for summer students to join the Onex (OCAM) as a Risk Management Co-op. The term is four months. Successful applicants will have the opportunity to work with risk leadership & senior investment professionals, take on increasing amounts of responsibilities, and actively engaged in the investment decision process.

WHAT YOU WILL DO:

• Help monitor and measure the risk levels both at a Fund portfolio level, and at a client experience level
• Develop quantitative tools that help generate ideas by using relative value and historical analysis
• Build reports to help communicate risk characteristics to the portfolio managers and client relationship managers
• Assist in implementing scenario market shocks to test robustness of portfolio construction
• Investigate cross-asset relationships, and map how they change throughout an economic cycle

WHAT YOU WILL BRING:

• A passion for weighing incomplete information to come up with probabilities across a range of outcomes
• Exceptional programming skills in at least one industry standard language such as Python, C#, Java or C++
• Strong excel skills, experience in VBA or other programming languages will be helpful
• Excellent analytical and quantitative skills, in particular statistics
• Ability to communicate effectively with investment professionals and build relationships across teams
• Familiarity with Bloomberg is an asset
• Great attention to detail
• Strong academic standing

DIVERSITY EQUITY & INCLUSION:

Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investor and asset manager. We believe that diverse perspectives create better outcomes for us and our stakeholders, including the companies we invest in, our shareholders, investors and clients, as well as the communities we serve. Onex’ commitment to diversity and inclusion includes increasing our focus on attracting and retaining employees from diverse backgrounds, creating additional awareness of diversity issues and benefits, fostering and inspiring a more supportive environment where inclusivity is expected and prioritized, and embedding accountability for diversity throughout the firm. Onex’ Diversity & Inclusion Leadership Council, which is co-chaired by our President and our Head of Shareholder Relations and Communications, includes representation from across all business platforms and geographies. The Council is responsible for championing diversity and inclusion across the firm, including supporting the development and success of Onex’ employee resource groups.

ENVIRONMENTAL, SOCIAL & GOVERNANCE:

As a public company, we are committed to delivering value for all of our stakeholders – our shareholders, investors, employees, operating companies and the communities in which we operate. Responsible governance throughout Onex and across our platforms is fundamental to the success of our organization. We hold ourselves to the highest standards of good governance, which builds trust and confidence in our stewardship of capital. Consistent with our long-held belief that responsible investing is both the right approach to investing, as well as a driver of meaningful stakeholder value, we continue to make enhancements to our environmental, social and governance (“ESG”) program. Recent initiatives include the addition of resources to our ESG team and progress on our efforts to measure carbon emissions across Onex and our investment platforms. To remain aligned with emerging best practices, we participate in several industry initiatives, including the ESG Data Convergence Initiative, Initiative Climat International (“iCI”), the Principles for Responsible Investment (“PRI”), the IFRS Sustainability Alliance and FCLT Global, among others. We expect our program to continue to expand in line with this rapidly evolving area, while remaining rooted in our founding principle of responsible investing. 

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