CPP Investments

Associate/Senior Associate, Infrastructure


PayCompetitive
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: P13563

      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

      Infrastructure Overview:

      CPP Investments’ Infrastructure division directly invests in large-scale assets that provide defensive long-term returns, substantial inflation protection and possess minimal substitution risks. The division typically targets investments in regulated utilities, transportation, telecommunication, and energy sectors with an equity investment size from $500 million up to several billion dollars. The division completed its first active investment in 2006, currently possesses 30 direct investments valued at $52 billion and employs 50 professionals across 6 global offices.

      The Associate/Senior Associate will play a key role in making and managing direct infrastructure investments on a principal basis. The individual will work with and assist the wider team in evaluating infrastructure investment opportunities, with a focus on North America, but also global opportunities, conducting research, developing recommendations, participating in the execution of investments and monitoring, and managing investments.

      Role-Specific Accountabilities:

      A) Evaluate investment opportunities and key sector themes:

      • Research and analyze a variety of infrastructure investment opportunities
      • Perform due diligence on opportunities including past and projected financial performance, quality of management teams, investment merits and risks, regulatory environment, industry dynamics and other relevant factors
      • Build dynamic financial models to evaluate opportunities including testing assumptions and sensitivities, evaluating expected returns and generating valuation recommendations
      • Meet with company management team and review performance, strategy, outlook, and other relevant topics as required
      • Assist in presenting investment recommendations to investment committees

      B) Execute Infrastructure Investments:

      • Assist with the overall execution of infrastructure investments including collaborating with management teams to drive performance
      • Liaise with investment partners (other investors) and advisors (financial, legal, etc.)

      C) Monitor Infrastructure Investments:

      • Monitor ongoing financial and operational performance of infrastructure investments
      • Identify and help implement performance improvement initiatives at portfolio companies
      • Assist in performing valuation reviews

      D) Build the Team:

      • Participate in and contribute to weekly departmental meetings
      • Share knowledge by collaborating among team members and across geographies
      • Other relevant duties and projects as assigned

      Qualifications

      • 2 to 5 plus years of experience in investment banking, private equity or consulting; experience in infrastructure investments/transactions is desirable
      • Strong research, financial modelling, analytical and valuation skills
      • Professionalism and integrity
      • Strong interpersonal skills and business relationship skills
      • Ability to communicate effectively, both orally and in writing
      • Flexibility, adaptability, and initiative
      • Good judgement
      • Ability to meet deadlines and work well under pressure
      • Team player who enjoys a high-performance culture
      • Willingness to travel

      Additional Information

      The salary range for this position is:

      Associate: $145 000 to $ 205 000

      Senior Associate: $185 000 to $ 245 000

      US state/city legislation requires CPP investments to include a reasonable estimate of the compensation range for this role. The base salary range shown here is a reasonable expectation for the posted role and is part of a competitive total rewards package which includes comprehensive benefits, a performance-based incentive plan, a 401 (k) plan and paid time off. Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.

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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, 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.

  • About the company

      1 billion between 2010 and 2014 alone. As of June 30, 2020, the CPP Investment Board manages over C$434 billion in investment assets for the Canada Pension Plan on behalf of 20 million Canadians.