Job Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investment Board (CPPIB), you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $350 billion, CPPIB 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 exceed $450 billion by 2025. CPPIB 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, São Paulo and Sydney.

CPPIB 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 CPPIB’s important social purpose and unshakable principles
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 CPPIB.

Job Description
We are currently hiring an Associate for the Real Estate Investments (REI) group within our Real Assets department in Toronto. CPPIB’s approach to real estate investment is to pursue large and scalable JV transaction opportunities with high quality partners. CPPIB is growing rapidly and the scale and complexity of our investment approach is constantly increasing. REI manages a portfolio of equity investments with a value of C$47.5 billion globally and C$5.7 billion in Canada.

Based in Toronto, you will be a key contributor to the Canadian REI business and will be actively involved in the analysis and execution of new investments along with the portfolio and asset management of the existing Canadian portfolio. This will provide broad exposure across multiple real estate sectors.

Responsibilities:

Research and underwrite a variety of real estate opportunities (direct asset investments, joint ventures, private platforms, and public markets).
Compile and analyze industry, market, and asset level data and financial information.
Primary ownership of complex, dynamic financial models to analyze investment opportunities.
Independently draft major sections of investment memoranda and participate in investment committee discussions.
Perform transaction management duties such as overseeing external parties, including lawyers, advisers, and consultants. Ensure timely completion of closing matters.
Key contributor in portfolio management activities including i) monitoring investment performance, ii) participating in third party meetings with joint venture partners, iii) analyzing proposed budgets, leasing plans, capital plans, and other investment/development recommendations, and iv) assisting in buy/hold/sell analysis.
Other relevant duties and projects as assigned, including administrative tasks as required.

Characteristics & Skills:

Collaborative team player with proven ability to perform effectively in a lean team environment.
Demonstrated research, quantitative, financial modelling, and analytical skills.
Strong interpersonal, presentation, writing, and communication skills; demonstrated relationship builder who develops lasting positive and value-adding relationships.
Demonstrated work prioritization skills, organizational ability, and exceptional attention to detail.
Able to work independently and demonstrates initiative and accountability in a dynamic environment.
Intellectual curiosity and desire for personal development.
Exceptional modeling, Excel and PowerPoint skills (Argus a plus).
Willingness and ability to travel.
Exemplifies CPPIB Guiding Principles of Integrity, Partnership, and High Performance.

Position Requirements

3 to 5 years of relevant work experience in investment banking, consulting, private equity, accounting, real estate investment or brokerage. Strong interest in the real estate sector (although prior experience is preferred, it is not a requirement).