Associate, Investment Portfolio Management (12 Month Contract)

Company Description

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. 

Job Description

Position Summary

We are presently seeking an Associate to join the Investment Portfolio Management Group’s – Public Markets team for a 12-month contract opportunity. As part of this dynamic team, you will work closely our investing Departments, particularly Active Equities (AE) and Capital Markets and Factoring Investing (CMF), and the broader TFM department to advance our mission to maximize the risk-adjusted returns of the Active Portfolios by ensuring that we have the best possible combination of active programs in the Fund and by acting as thought partners with the Investment Departments on investment strategy matters.

Department Summary

Office of the Chief Investment Officer (OCIO)

The Office of the Chief Investment Officer (“OCIO”) mandate is to enable the Chief Investment Officer (“CIO”) by providing the CIO with the necessary resources and expertise to perform the CIO’s accountabilities. OCIO consists of two groups: Investment Portfolio Management and Integrated Strategies.

Investment Portfolio Management (IPM)

The Investment Portfolio Management (“IPM”) group works on behalf of the CIO to maximize the returns of the Investment Portfolios at the targeted level of risk through providing dedicated support for each CIO-approved investment strategy, active portfolio design, investment signals, investment decision analysis and governance and communications.

We manage our portfolio of active strategies (“Active Portfolio”) via a mix of internal and external strategies to deliver incremental value-add returns through investment selection. Annually, the CIO reviews the mandate and performance of each investment strategy to refresh the Fund’s capital allocations as appropriate.

Role-specific Accountabilities:

• Supporting senior team members in the day-to-day activities for oversight of the Active Equities (AE) and Capital Markets and Factor Investing (CMF) investment programs including but not limited to relative value assessment, market conditions monitoring and capital usage optimization.
• Playing a key role in the financial/statistical modeling, portfolio analysis, and portfolio construction work related to long-term strategic allocation and helping shape the risk-adjusted return of AE/CMF to align with the best total fund outcomes.
• Support the active public market investment departments on special situations, projects, new opportunities and problem identification (if any) related to investment strategy.
• Help drive the evaluation of AE and CMF investment programs for delivery against assumptions and objectives, including return on capital, short-term deployment budgets and Portfolio reviews.
• Assist identifying emerging risks and opportunities in global markets and integrating insights into portfolio decision-making.
• Engaging with external managers, market strategists, and research providers to gather insights relevant to macro-driven portfolio decisions.
• Conducting macroeconomic and thematic investment analysis, and cross-asset strategy development.
• Work flexibly across IPM to assist in activities that best support the CIO given prevailing market conditions.

Qualifications

• 2+ years of demonstrated experience in investment management, trading, consulting or investment banking.
• Proficiency in Python is required, with experience in data science and analytics being desirable.
• Exemplary communication and presentation skills (oral and written).
• Ability to work independently as well as to perform effectively in a team-oriented environment.
• Organizational skills with exceptional attention to detail.
• Demonstrated Word and PowerPoint skills and advanced skills in Excel.
• Direct deal or investment experience and exposure to public investments considered an asset.
• Knowledge of/experience with active investment management in public market, active program allocation processes and financial mathematics is a plus.
• Professional designation such as a CFA is considered an asset.
• Exemplifies our Guiding Principles of integrity, partnership and high performance.
• Enjoys being a part of a culture of excellence, is flexible and constantly strives to innovate.

Additional Information

Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-ASM1 #LI-Onsite

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.