Data Scientist
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’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors, or limited partners, 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, public 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 and family offices. In total, Onex has $49.7 billion in assets under management, of which $8.1 billion is Onex’ own investing capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors across Onex’ platforms.
THE OPPORTUNITY:
Onex is seeking a Data Scientist to join our growing team and support the firm's Analytics & AI function. Reporting directly to the, Head of Analytics and AI, the successful candidate will support the analytics & AI function with the objective of protecting and enhancing value at Onex. This is a firm-wide team that uses advanced analytics, machine learning, and other statistical methods to help make better investment and operations decisions. The team will focus on data-driven questions that matter to business and can be solved through the application of data analysis and visualization, statistics, computer programming, and machine learning. You will develop insights through alternative datasets and analytical methods to help fill in gaps in Onex understanding of specific assets and markets, as well as help source new investment and partnership opportunities.
WHAT YOU WILL DO:
Drive Data-Driven Decision Making: Play a key role in accelerating a data-driven evolution within Onex and with our operating companies by using advanced analytics to evaluate live private equity deals, work with our portfolio company management teams to drive business value, and work with alternative datasets to curate novel insights
Master the Data Lifecycle: Understand and own all steps of the data analysis process, including cleansing dirty and unstructured data, EDA, modeling, visualizing, and presenting findings
Innovate Independently: Explore and manage a diverse portfolio of datasets. You'll have the autonomy to discover and cultivate unique perspectives and insights from vast data resources, enhancing our strategic decisions and operational efficiency
Lead Cutting-Edge Projects: Design, oversee, and implement a range of machine learning and analytics initiatives from conception to completion. Your projects will address a variety of business challenges, including but not limited to, developing scalable machine learning models, employing alternative data sourcing techniques like web scraping, and crafting dynamic dashboards for real-time insights
Address a Broad Spectrum of Business Challenges: Engage in solving diverse business issues by developing robust, production-ready machine learning models, extracting data from alternative sources like web scraping, and creating interactive dashboards to visualize key metrics for our portfolio companies
WHAT YOU BRING:
Professional Characteristics:
Experience:
2-4 years in data science or related fields . A keen interest in alternative investments is desirable
Education:
An advanced degree in a quantitative field (e.g. Data Science, Statistics, Engineering, Mathematics, Economics, Quantitative Finance, Sciences, Operations Research)
Technical Proficiency:
Advanced skills in programming and querying with Python, SQL, and other object-oriented programming languages
Experience with big data distributed tools like Spark and Dask is advantageous
Proficiency in dashboarding tools such as PowerBI and Tableau
Knowledge of web application development using Streamlit or Flask is beneficial but not mandatory
Experience in object-oriented programming and writing production-grade code is an asset
Familiarity with web scraping tools including BeautifulSoup, Selenium, and Scrapy is a plus
Experience with cloud computing environments, including platforms like Microsoft Azure and AWS is an asset
Experience with Generative AI tools and understanding of Large Language Models (LLMs) and their practical applications is a plus
Analytical Skills:
Strong grasp of data analysis, fundamental machine learning models, and quantitative methods such as Monte Carlo simulations
Experience with predictive and explanatory ML models including regression analysis, boosting methodologies, and tree-based models is desirable
A robust intuition for analytical methodologies and a drive to tackle novel technical challenges
Project Management:
Proven ability to manage multiple projects, prioritize effectively, and meet deadlines in a dynamic environment
Communication:
Excellent ability to articulate technical concepts to non-technical stakeholders, both verbally and in writing
Passion & Curiosity:
A profound passion for applying data science to create business value and a relentless curiosity to uncover insights from data
Personal Characteristics:
Judgment and Flexibility: Thinks about issues and develops solutions that thoughtfully take the broader context into account. Positively deals with a shifting demand for time, priorities, and the rapid change of your environment
Ownership and Initiative: Takes ownership for and "rolls up sleeves" to meet objectives
Excellence: Demonstrates accuracy and thoroughness. Ensures quality and demonstrate a strong attention to detail and follow-through. Commits to implementing best practices and continuous improvement
Change Management: An agile mindset, organized and capable of leading transformative change
Teamwork: Cooperates with management, colleagues, and third-parties and operates with humility. Seeks and is open to give and receive suggestions to develop better solutions and to make the team stronger
Communications Demonstrates strong written skills and presents analysis, suggestions, and other information clearly and concisely; presence and self-confidence to interface with the key constituents of the firm including management teams of companies, deal professionals, service providers and others
Relationship Management: Exceptional relationship management skills, including networking, influencing, and collaborating. Demonstrated ability to build and maintain trust with clients and organizational partners
Project Execution: Strong capability to drive processes to completion while effectively managing and prioritizing competing objectives and deadlines
Professional Excellence: A consistent pattern of personal and professional excellence evidenced by educational background, career achievements, intellectual capacity, and professional reputation. Notable for self-awareness, maturity, and impeccable integrity
#LI-DNI
OUR TEAM & COMMITMENT:
Onex is led by the firm’s CEO, Bobby Le Blanc, and experienced leaders at each of our businesses. We have over 170 investment professionals across all platforms, supported by approximately 265 professionals dedicated to our corporate functions and investment platforms. Consistent with our One Onex approach, the teams share and leverage sector expertise, and sourcing and origination opportunities across all business lines.
Our culture is guided by our strong commitment to accountability, intellectual honesty and respect for all our partners and stakeholders. Onex was formed on principles of entrepreneurialism and responsible investing and our team is united in recognizing the value of collaboration, diversity of perspective and background, and an inclusive environment.
DIVERSITY, EQUITY & INCLUSION:
Onex recognizes that a diverse team and inclusive environment are vital in contributing to our continued success as an investment and asset manager. Our Diversity & Inclusion Leadership Council, co-chaired by our President and Head of Shareholder Relations and Communications, is responsible for championing diversity and inclusion across the firm, including supporting the development and success of Onex’ employee resource groups.
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.
ENVIRONMENTAL, SOCIAL & GOVERNANCE:
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.
Recent initiatives include the addition of resources to our environmental, social and governance (“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, while remaining rooted in our founding principle of responsible investing.