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.

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 the Departments that manage investments 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.

Active Investment Management Group

The Active Investment Management (“AIM”) group maximizes the risk-adjusted return of the Active Portfolio by ensuring the Fund has the best possible combination of active programs. AIM’s focus is on the management of the Active Portfolio and on being true connectors between the fund’s investment framework and the business lines within the investment departments.

Job Description

We are looking for an Associate/Senior Associate to join our Active Investment Management team within Total Fund Management, focusing on CPP Investments’ Credit Portfolio. As part of this dynamic team, you will also work with 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.

Role-specific Accountabilities:

• Supporting senior team members in the day-to-day activities for oversight of the Credit Investments program including but not limited to asset class research, investment assumption calibrations, performance measurement and market conditions monitoring.
• Oversee the credit portfolio’s financial/statistical modeling, portfolio analysis, and portfolio construction work related to long-term strategic allocation.
• Take a leading role in special situations, projects, new opportunities, and problem identification (if any) related to investment strategy.
• Leading discussions with senior leaders in evaluating CI for delivery against assumptions and objectives including short-term deployment budgets and the departmental Portfolio reviews.
• Spearhead the design and development of analytic and reporting enhancements for tools related to portfolio monitoring.
• Assist in developing recommendations to the CIO to short term allocations due to changing opportunity sets or relative value considerations (including monitoring deployments, market conditions, and allocation assumptions).
• Developing relationships across the TFM, Credit Investments, Finance, Risk, and other departments as part of advancing team, department, and organizational objectives.
• Willingness to apprentice more junior teammates and peers.

• 2-4 years of demonstrated experience in investment management, trading, acquisitions, consulting, or investment banking, with direct deal or investment experience.
• Graduate degree preferred; a CFA / CBV or CPA / MBA is considered an asset.
• Strong knowledge across credit products that CI can invest in (e.g., corporate debt, consumer credit, structured credit, real asset-backed financing, royalties, event-driven opportunities, funds, etc.).
• Experience with programming in Python and SQL. Experience with other languages (JavaScript, MATLAB, C++, R, VBA, Julia) would be considered an asset.
• Excellent written and verbal communication skills and an interest in working in a dynamic and collaborative environment.
• Demonstrated resilience in the face of change and effective management of competing demands.
• Excellent academic performance and demonstration of high potential.
• Candidates must exemplify CPP Investment’s guiding principles of high performance, integrity, and partnership.
• Enjoys being a part of a culture of excellence, is flexible and constantly strives to innovate.

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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, 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.