Senior Analyst/Advisor, Valuation Governance

PSP Investments

ABOUT US

We’re one of Canada’s largest pension investment managers, with CAD$243.7 billion of net assets as at March 31, 2023.

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

PSP Investments represents a high-performing and professional work environment. As such, the Advisor will be responsible for the application of the appropriate valuation governance processes and the valuation review of private investments. He/she will participate in preparing the documentation that is needed to be submitted to the valuation committees. Overall, he/she will work in collaboration with the Private Investment teams, Investment Finance and the Taxation group.

Our team’s mandate is to hold organizational accountability over the private investment valuation process, playing a key role in the final valuation recommendation and bringing added value to asset class by the way of analysing data.

More specifically, the team reviews the valuations process and the valuations of all private investments (real estate, private equity, infrastructure, natural resources, credit investments). The team is also responsible for maintaining “best practices” and good governance in private asset valuations.

ABOUT YOUR ROLE

As a Senior Analyst/Advisor, Valuation Governance, you’ll:

Participate in the planning and execution of the quarterly valuation process
Review valuations prepared by external valuators or the investment team (review relevant documents, assess 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 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
Work with investment partners to direct, manage and perform appraisal mandates and reviews
Monitor market events and analyse the impact that these events may have on Infrastructure and Private Equity investment valuations
Help build and manage the Valuation Governance group’s valuations database
Participate in the coordination of the external valuators’ mandates
Respond to questions or information requests from external auditors
Assist with the preparation of quarterly board reporting with respect to the valuation process for private investments
Support the team leader in maintaining internal procedures regarding valuation methodologies, process and controls
Mentor junior team members
Perform any other duties, as required

WHAT YOU’LL NEED

University degree in Business, Finance, Economics, Accounting or comparable
Relevant Master’s degree is an asset
Professional designation (e.g. MBA, ACA, CPA, CFA, CBV etc.)
Three (3) to five (5) years of relevant experience
Experience with valuation of private investments (either through performing valuations or due diligence for private investments or others)
Experience interacting with senior management
Proficiency in English and French (or willingness to learn) (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)
Knowledge of sectors into which PSP has private investments,
Ability to demonstrate sound business judgement
Excellent financial and analytical skills
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

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

Investment in career development
Comprehensive group insurance plans
Unlimited access to virtual healthcare services and wellness programs
Competitive pension plans
Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off
Inclusive paid parental leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers
A flexible hybrid work model with a mix of in-office and remote days based on business groups, teams, and roles
A hybrid allowance to support any hybrid related needs

*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.

Visit us on www.investpsp.com/en/

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