Associate recruitment
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
Department: Private Investments - Infrastructure
Closing date: 28th March 2012
Position Type: Full-time
Salary: Competitive
Hours of Work: 9:00am – 5:00pm (40 hours/week)
Reporting to the Vice President – Head of Infrastructure, the Associate plays a key role in making and managing infrastructure investments around the world on a principal basis. The Associate assists Principals and Senior Principals in evaluating potential infrastructure investment opportunities, conducting research, developing recommendations, participating in the negotiation and execution of investments and monitoring and managing investments.
Role Specific Accountabilities:
A) Analyze Investment Opportunities:
i) Review:
• Research, analyze and evaluate a variety of infrastructure investment opportunities and fund managers
• Build complex dynamic financial models to analyze investment opportunities (including testing assumptions and sensitivities)
• Perform due diligence on opportunities including past and projected financial performance, quality of management teams, investment merits and risks, expected returns, regulatory environment, industry dynamics and other relevant factors
• Review 3rd party due diligence reports (legal, accounting, industry strategic reviews, environmental, etc.)
• Perform valuation analysis, including DCF, precedent transactions and comparable company analysis
• Meet with company management and review past performance, strategy, outlook, regulatory and industry issues, and other relevant topics as required
• Apply “Total Portfolio Approach” as it applies to investments, including PME and analysis
ii) Recommend:
• Under the supervision of a Principal or Senior Principal, create Infrastructure investment recommendations outlining potential investment opportunities
• Assist in presenting investment recommendations to the Private Investments department and the Investment Department Decision Committee
B) Execute Infrastructure Investments:
• Manage discreet aspects of the execution of Infrastructure investments as directed
• Liaise with investment partners (other investors) and advisors (financial, legal, etc.)
• Assist in negotiating and executing agreements and other transaction-related legal documentation
C) Monitor Infrastructure Investments:
• Review capital calls and distributions related to Infrastructure investments
• Coordinate with CPPIB Finance Operations group with respect to monitoring ongoing investments
• Monitor ongoing financial and operational performance of Infrastructure investments
• Assist in performing reviews of valuations for Infrastructure investments
• Attend annual meetings and board meetings as required
• Assist in monitoring potential exit alternatives (including public market conditions and potential strategic partners)
• Assist in building and leveraging relationships with portfolio company management teams and infrastructure fund managers
D) Build the Team:
• Participate in and contribute to weekly departmental meetings and investment recommendation meetings
• Share information by coordinating and entering information into TNR for both existing and prospective investments
• Assist in the training and development of Private Investments department colleagues
• Assist in recruiting activities including liaising with universities, networking, sourcing candidates and interviewing prospective hires, as required
• Other relevant duties and projects as assigned
If you possess the following, we’d like to hear from you:
• experience in investment banking, private equity or other relevant areas, or MBA with finance focus
• A technical degree in engineering, LLB or equivalent is considered an asset
• CFA, CBV or CA designation is considered an asset
• Strong research, financial modeling, analytical and valuation skills
• Experience in conducting due diligence
• Experience in the negotiation process
• Professionalism and integrity
• Strong interpersonal skills and business relationship skills
• Ability to communicate effectively, both orally and in writing
• Flexibility, adaptability and initiative
• Good judgment and “sense of the deal”
• Ability to meet deadlines and work well under pressure (40 hour work week)
• Team player who enjoys a high performance culture
• Willingness to travel
If you are looking for an exciting opportunity with a competitive salary and to build a career in an innovative and dynamic investment organization, please submit your resume online. We thank all applicants for their interest; however only candidates selected for an interview will be contacted. Closing date is March 28, 2012.
http://cppib.talcura.com/candidates/SearchJobResults01.aspx?en=1JobCode=2012-04
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.