PSP Investments
ABOUT US
We’re one of Canada’s largest pension investment managers, with CAD$230.5 billion of net assets as at March 31, 2022.
We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.
Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.
EXPERIENCE THE EDGE
At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an inclusive work environment where diversity is embraced.
ABOUT THE TEAM
The team’s mandate is to hold organizational accountability over the private investments valuation process, playing a key role in the final valuation recommendation.
More specifically, the team reviews the valuations of all private investments (infrastructure, real estate, private equity, natural resources, private debt). The team is also responsible for maintaining “best practices” and good governance in private asset valuations.
The Analyst / Senior Analyst will assist in the review of valuations of private investments in the Infrastructure and Private Equity portfolios. He/she will participate in preparing the documentation that is needed to be submitted to the valuation committees. Overall, he/she will work with all private investment groups, the Investment Finance team and the Taxation group.
ABOUT YOUR ROLE
As an Analyst / Senior Analyst, Valuation Governance, you’ll:
- Participate in the planning and execution of the quarterly valuation process
- Review valuations prepared by external valuators or the investment teams (review relevant documents, review the valuation methodology and its application, review and challenge financial projections and valuation assumptions and hold discussions with investment teams)
- Participate in the development and/or validation of financial models related to the investments
- Analyze the impact of different assumptions on the valuation
- Prepare adequate documentation to support the review process and support the recommended fair values
- Assist with the preparation of summary memorandum
- Assist with the preparation of quarterly board reporting with respect to the valuation process of private investments
- Respond to questions or information requests from external auditors
- Monitor market events and analyze the impact that these events may have on Infrastructure and Private Equity investment valuations
- Support the team leader in maintaining internal valuation procedures on valuation methodologies, process and controls
- Perform any other duties, as required
WHAT YOU’LL NEED
Education
- Bachelor’s degree in Commerce (i.e. B. Com) with a Finance and/or Accounting specialization
- Either working towards or already obtained a Professional designation (e.g. CPA, CBV or CFA) is an asset
Experience
- Minimum of three (3) years of relevant experience
- Experience with valuation of private investments (either through performing valuations or due diligence for private investments or others)
Knowledge & Skills
- Excellent financial and analytical skills
- Experience working with complex Discounted Cash Flow models
- Knowledge of Infrastructure and Private Equity sectors, an asset
- Ability to demonstrate sound business judgement
- Ability to meet tight deadlines and manage constantly changing priorities
- Strong communication and presentation skills
- Mature, driven, motivated and ability to take initiative
- Responsible, diligent and able to work independently or as part of a team
- Excellent organizational skills and strong ability to prioritize
- Strong attention to detail and presentation of information
- Superior level of proficiency with business software and analytical tools
- Bilingualism an asset
We offer a competitive total rewards and benefits package* designed to attract and retain top talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, your package includes:
- A flexible hybrid work model with a mix of in-office and remote days based on business groups, teams, and roles, including a periodic allowance to support any hybrid related needs
- Competitive pension plans
- Comprehensive group insurance plans
- Unlimited access to virtual healthcare services and wellness programs
- Generous and inclusive paid family leave
- Vacation days available on day one with additional vacation days on milestone service anniversaries, and summer Friday afternoons off
- Investment in career development
*Benefits package may vary based on your employee type.
At PSP, we aim to provide an inclusive workplace where we leverage diversity and where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.
Vaccination: We are committed to a healthy and safe work environment. As a Canadian Crown Corporation with offices around the world, we adhere to Canadian and local government guidelines regarding COVID-19. Vaccination is not currently a mandatory employment criteria. However, this is subject to change, depending on Canadian and local government guidelines.