Analyst, Private Debt recruitment
The CPP Investment Board is a professional investment management organization that invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 17 million Canadian contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, the CPP Investment Board invests in public equities, private equities, real estate, inflation-linked bonds, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in London and Hong Kong, the CPP Investment Board is governed and managed independently of the Canada Pension Plan and at arm's length from governments. For more information about the CPP Investment Board, please visit www.cppib.ca.
Role Summary
We are presently recruiting for an Analyst, Private Debt in the Private Investments department in our UK office. Reporting to the Vice President—Head of Private Debt, the Analyst plays a key role in making and managing private equity investments around the world. The Analyst assists Associates, Principals and Senior Principals in evaluating potential private equity principal investment opportunities, conducting research, developing investment recommendations, participating in the execution of investments and monitoring and managing investments.
Role-Specific Accountabilities
Analyze Investment Opportunities
• Research, analyze and evaluate a variety of industries, companies and securities and assist in the overall evaluation process; conduct credit analysis of companies including load-to-value analysis, preparation of relevant credit metrics including precedent transactions and comparable company analysis
• Build complex dynamic financial models to analyze investment opportunities; test assumptions and sensitivities
• Perform due diligence on companies including past and projected investment performance, quality of management teams, investment merits and risks, expected returns, regulatory environment and industry dynamics; review 3rd party due diligence reports (legal, accounting, industry strategic reviews, environmental, etc.)
• Perform valuation analysis of companies and securities, including DCF, precedent transactions and comparable company analysis; assist in performing valuation reviews for portfolio companies
• Meet with company management and review past performance, strategy, outlook, industry issues, and other relevant topics as required
• Attend and participate in Principal Investing investment recommendation meetings; assist in presenting investment recommendations to the department and the Investment Department Decision Committee
Execute Private Debt Investments
• Assist with the overall execution of Principal Investments
• Liaise with investment partners and advisors
Monitor Private Debt Investments
• Coordinate with CPPIB Finance Operations group with respect to monitoring ongoing debt investments
• Monitor ongoing financial performance of portfolio companies
• Assist in building and leveraging relationships with private equity sponsors, investment and commercial banks and other capital providers.
• Assist in evaluating credit migration strategies for underlying credit investments as required
Build the Team
• Share information by coordinating and entering information into TNR for both existing and prospective investments
• Assist in recruiting activities; attend and participate in Private Investments recommendation meetings
If you possess the following, we’d like to hear from you:
• 1-3 years experience in leveraged finance, credit investing, investment banking, or other relevant areas within the European market
• Undergraduate degree, preferably in commerce or business administration; CFA, CBV or CA designation is considered an asset; German and/or French language an asset
• Strong research, financial modeling, analytical and valuation skills
• Strong interpersonal skills and business relationship skills
• Ability to communicate effectively, both orally and in writing
• Flexibility, adaptability, initiative and sound judgement
• Ability to meet deadlines and work well under pressure
• Team player who enjoys a high performance culture
• Demonstration of our guiding principles of integrity, partnership and high performance
• Willingness to travel.
If you are looking for an exciting opportunity and to build a career in an innovative and dynamic investment organization, please submit your resume online. This job closes Thursday December 8, 2011.
We thank all applicants for their interest, however only candidates
selected for an interview will be contacted.
CPP Investment Board is an Equal Opportunity Employer.