Senior Associate, Active Equities - North America
Company DescriptionMake an impact at a global and dynamic investment organizationWhen 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 leadersStimulating work in a fast-paced, intellectually challenging environmentAccelerated exposure and responsibilityGlobal career development opportunitiesBeing motivated every day by CPP Investments' important social purpose and unshakable principlesA flexible/hybrid work environment combining in office collaboration and remote workingA deeply rooted culture of Integrity, Partnership and High PerformanceIf 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 DescriptionThe Active Equities ("AE") department invests in large-cap public and pre-IPO equities in North America, Europe, Asia and LATAM. The strategy employs bottom-up and deep fundamental research insights to create a concentrated market-neutral portfolio of high conviction long and short investments.We are recruiting for a Senior Associate to join the North American team focusing on companies that support the electrification of the North American economy ("Electrification") as it transitions to one less reliant on fossil fuels. Reporting to a Managing Director, Active Equities - North America, the Senior Associate is responsible for conducting deep bottom-up fundamental research primarily on Electrification investment ideas and current portfolio holdings as well as executing private investments in public entities ("PiPEs"). The position is based in Toronto.Position RequirementsRole specific accountabilities include:Work directly with investment professionals on the Electrification and Automobility domain teams to evaluate potential long and short public and pre-IPO investment opportunitiesWith guidance, execute investment research and recommendations leveraging domain expertise and deep fundamental research insights within Electrification (e.g. generation, transmission, distribution and related products and serviesc etc.)Develop detailed company financial models and perform valuation analysis, including DCF and comparable company analyses; apply statistical analysis to support investment decisionsPrepare analytical investment reviews and recommendations in collaboration with the team, including industry overviews, written investment memos and due diligence reviewsResearch, analyze and monitor macro level Electrification industry trends and fundamental performance of existing portfolio holdingsParticipate in meetings with company management teams, industry experts and analystsIncreasingly incorporate added research insights by leveraging alternative data setsQualificationsIf you possess the following, we'd like to hear from you:The ideal candidate will possess 5-7 years of experience working for an investment management, private equity, investment bank or management consulting firmDeep knowledge of electricity generation (including renewables), regulated and non-regulated utilities, stationary power storage, electrical equipment, power management products and services, related E&C activities and EV chargingHave a deep passion and interest in investing and the energy transitionA minimum of an undergraduate degree; engineering and/or an advanced degree (Masters, MBA, etc.) an assetAchieved high levels of academic performance and exhibit intellectual curiosityStrong research, analytical, financial modeling, valuation, technical and problem-solving skills; ability to think creativelyCore technical skills: Excel, PowerPoint, Word, Bloomberg, CapIQAdvanced technical skills an asset: Python, SQL, exposure to Big Data workflows and analytic toolsStrong communication, written and verbal, skillsHighly detail-oriented with an ability to produce high quality workAbility to prioritize work and simultaneously manage multiple responsibilitiesTeam-oriented and collaborativeKeen interest in capital markets and the investment research processExemplify CPP Investment's Guiding Principles: Integrity, Partnership and High PerformanceAdditional InformationVisit our LinkedIn Career Page or Follow us on LinkedIn. 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 PolicyAll employees in the Toronto, New York, San Francisco, Mumbai, Sydney, Hong Kong, and Sao Paulo 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. Financial Services,Investment Banking,Investment Management
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