CPP Investments
Company Description
Make an impact at a global and dynamic investment organization
When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney.
CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:
- Diverse and inspiring colleagues and approachable leaders
- Stimulating work in a fast-paced, intellectually challenging environment
- Accelerated exposure and responsibility
- Global career development opportunities
- Being motivated every day by CPP Investments’ important social purpose and unshakable principles
- A deeply rooted culture of Integrity, Partnership and High Performance
If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.
Job Description
We are currently recruiting for an Associate with experience in preparing and executing valuations for private equity investments, to join the Valuations Group within Finance, Analytics & Risks (FAR) at CPP Investments. The Valuations Group, specifically within Private Markets has overall accountability and oversight for the quarterly valuation for all illiquid and private investments at CPP Investments. The Valuations Group performs independent quarterly valuations for the following asset classes: private debt, private equity, infrastructure, sustainable energies, venture capital and thematic investing. The Associate will be accountable for modelling and report writing of private equity assets, including exercising sound judgment in determining the proper valuation approach and methodologies for new assets, and assets where the Valuations Group has not previously modelled. The Associate will work on enhancing the valuation processes and framework, and seeking opportunities to increase team efficiencies. The role will require close collaboration across teams that include Investment Departments, Operations, Financial Policy & Reporting among others in order to support ongoing deliverables as well as strategic initiatives.
Role-Specific Accountabilities
- Organizing and completing quarterly valuations for existing and new private equity assets
- Provide insightful valuation analysis to identify material quarterly valuation movements
- Build complex dynamic financial models to value investments, challenge assumptions and test sensitivities, both at an asset level and by portfolio
- Stratify and analyze large data sets to identify historical performance trends, detect correlations, identify key value drivers and perform calibration
- Prepare detailed valuation reports and valuation highlights for inclusion in Valuation Committee, Audit Committee and other board level reporting
- Train and mentor junior staff, and GIG candidates
- Monitor global market events (e.g. Brexit, tax reforms, natural disasters, Covid-19 pandemic and quickly design valuation sensitivities and tests to assess the impact on the portfolio on a macro-basis)
- Work closely with investment professionals across all asset classes to execute on the quarterly valuation process and onboard new deals as well as cross functionally with other departments to ensure alignment with our vision, goals and values
Qualifications
- Minimum of a professional designation such as a CPA or CFA
- Professional designation of CBV (Chartered Business Valuator) or working towards a CBV is a requirement
- Approximately 2 to 4 years of relevant valuation experience
- A strong passion and interest in working with technology to incorporate into the valuation process
- Solid understanding of how the private equity world works
- Excellent research, financial modelling, analytical and valuation skills
- Coding, programming skills, and comfortable learning new systems
- Team player with ability to deliver in a high-performance culture operating under time-sensitive deadlines
- Strong written and verbal communication skills with high degree of professionalism and ability to present ideas in a clear and concise manner
- Willingness to actively contribute to a positive and highly effective and collaborative team culture
- Ability to foster effective working relationships across the organization
- Working experience with business intelligence tools is an asset (e.g., Tableau, etc.)
- Exemplifies our Guiding Principles of integrity, partnership & high performance
Additional information
At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.
We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.
Our Commitment to Inclusion and Diversity:
In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.
Disclaimer:
CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.
Mandatory Vaccine Policy:
Effective November 1, 2021, all employees in the Toronto, New York and San Francisco offices will be required to be vaccinated against COVID-19. Accommodations to this policy will be made for medical or other protected grounds. Please contact us to discuss any accommodation needs.