CPP Investments | Investissements RPC Looking for Senior Associate, Active Investment Management – Real Assets, TFM at Toronto, Ontario, Canada Full Time

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 flexible/hybrid work environment combining in office collaboration and remote working
• 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

Total Fund Management Department

The Total Fund Management (“TFM”) department focuses on management of total Fund activities across all investment horizons that will have a dynamic and direct impact on the Fund’s overall performance. It is responsible for the successful implementation of the Fund’s investment framework. These activities are focused primarily on the Strategic Portfolio, our long-term vision for the intended investment portfolio composition five or more years into the future. TFM also works with Active Investing Departments to effectively characterize and allocate to active investment strategies, with the aim of delivering the Strategic Portfolio over time. In addition, TFM works on the total Fund daily investment cycle, including all the processes, systems, and data needed to structure the investment portfolio in response to the on-going flow of cash and exposures into and out of the Fund. TFM also performs centralized trading to manage execution risk across all public assets (excluding credit) and markets on behalf of all investment departments. TFM consists of six groups: Active Investment Management; Applied Research and Models; Exposure, Leverage and Liquidity Management; Portfolio Design & Construction; Strategy & Operations; and Trading.

We are looking for a Senior Associate to join our Active Investment Management (AIM) group in the Total Fund Management (TFM) department with a focus on Real Assets. The Active Investment Management group has distinct teams that are aligned to the five Active Investing Departments at CPP Investments: Real Assets, Private Equity, Credit Investments, Active Equities, and Capital Markets and Factor Investing. As part of the AIM group, you will work closely with other investing Departments and the broader TFM department to advance our mission to maximize the risk-adjusted returns of the Active Portfolio by ensuring that we have the best possible combination of active programs in the Fund and by acting as thought partners with the Departments on investment strategy matters. The Real Assets department includes our Infrastructure, Real Estate and Sustainable Energies strategies globally.

Role-specific Accountabilities:

Trusted Expert with Stakeholders

• Point person on the day-to-day relationship with the Real Assets, Strategy & Operations team and key partners across TFM, Finance and Risk
• Develops knowledge and recognition as a Real Assets subject matter expert within Total Fund Management and across the organization, becoming a ‘go-to’ person
• Holds the table in stakeholder meetings developing agendas and clear meeting objectives in advance and communicating proactively and effectively with presence in both small group (e.g., project team) and larger audience (e.g., department meeting) settings

Skilled Execution

• Project manages ‘Business as Usual’ (BAU) activities, including AIM-RA contributions to the Strategic Allocation process, updates to program attributes within the investment framework, and changes to Strategy Alternative benchmarks used to measure performance
• Oversees monitoring of Real Assets capital pipeline, paths, and exposure delivery
• Leads additional strategy, portfolio design and oversight projects consistent with the AIM-RA and broader TFM research agenda and priorities; and,
• Demonstrates strong organizational skills in designing and communicating project plans; sets and meets key milestones including through the development of clear, concise investment committee and CIO/CEO/board-level materials

Thought Leader in Asset Class and Portfolio Design

• Proactive in recommending work to be included in the research agenda and in designing the analysis to be executed on projects
• Spearheads the design and development of analytic and reporting enhancements for tools related to portfolio monitoring.
• Oversees the AIM-RA financial/statistical modeling, portfolio analysis, and portfolio construction work related to long-term strategic allocation.
• Remains current on relevant research with respect to Real Assets and develops and maintains a network of key internal and external thought partners (e.g., benchmarking providers, peer counterparts, research firms, etc.)
• Key contributor to climate change research and design choice implementation within the asset allocation

Team Leader and Culture Carrier

• Mentor and coach to other team members
• Designs and leads training and on-boarding for AIM-RA vertical and broader AIM team
• Active role in recruiting efforts and in shaping the culture of the team and continuous improvement of team processes and practices

Qualifications

• 5+ years minimum relevant work experience (e.g., asset allocation, investment management, buy/sell-side research in relevant sectors, real assets investing, consulting, or investment banking); experience in portfolio design and research and/or real assets investing considered an asset
• Graduate degree strongly preferred (Masters, MBA, Ph.D.); CFA is considered an asset
• Leader with compelling oral and written communication skills, experience managing high performing teams and collaborating across organizations and external parties as part of project delivery
• Track record of hiring and developing others considered an asset
• Strong capabilities modeling and working with data as well as developing clear communication materials accessible to both technical and non-technical audiences
• High degree of capability working with Excel and PowerPoint required; Experience with programming in Python and/or experience with other languages (JavaScript, MATLAB, C++, R, VBA, Julia) considered an asset

Additional Information

Visit 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 Policy

All employees in the Toronto, Sydney and Hong Kong 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.