Senior Associate, Equity Research - Energy

Make an impact at a global and dynamic investment organization

When you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.

CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.

CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:

• Stimulating work in a fast-paced and intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Diverse and inspiring colleagues and approachable leaders
• A hybrid-flexible work environment with an emphasis on in-person collaboration
• A culture rooted in principles of integrity, partnership, and high performance
• An organization with an important social purpose that positively impacts lives

If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. 

Role Summary

We are recruiting for a Senior Associate to join our Securities Selection team in our Active Equities department.  The successful candidate will be joining a domain team which focuses on companies within the Energy, Power and Mining sectors. Reporting to the Managing Director, Active Equities, the Senior Associate is responsible for conducting traditional energy sector focused, deep bottom-up fundamental research primarily on investment ideas and current portfolio holdings.  The position is based in Toronto.

Team Summary

The Active Equities (“AE”) department invests in large-cap public and pre-IPO equities in North America, Europe, Asia and LATAM. The strategy employs bottom-up and deep fundamental research insights to create a concentrated market-neutral portfolio of high conviction long and short investments.  The Security Selection team has a global structure with the focus of generating differentiated long and short insights by leveraging specific domain level expertise.

Accountabilities:

• Work directly with investment professionals on the Energy, Power and Mining domain team to evaluate potential long and short public and pre-IPO investment opportunities in the traditional energy sector
• With guidance, execute investment research and recommendations leveraging domain expertise and deep fundamental research insights within Energy, Power and Mining sectors
• Develop detailed company financial models and perform valuation analysis, including DCF and comparable company analyses; apply statistical analysis to support investment decisions
• Prepare analytical investment reviews and recommendations in collaboration with the team, including industry overviews, written investment memos and due diligence reviews
• Research, analyze and monitor macro level industry trends and fundamental performance of existing portfolio holdings
• Participate in meetings with company management teams, industry experts and analysts
• Increasingly incorporate research insights by leveraging alternative data sets

• The ideal candidate will possess 6-8 years of experience working for an investment management, private equity, investment bank or management consulting firm
• Deep knowledge and passion for the traditional Energy sector
• A minimum of an undergraduate degree; engineering and/or an advanced degree (Masters, MBA, etc.) an asset
• Achieved high levels of academic performance and exhibit intellectual curiosity
• Strong research, analytical, financial modeling, valuation, technical and problem-solving skills; ability to think creatively
• Core technical skills: Excel, PowerPoint, Word, Bloomberg, CapIQ
• Advanced technical skills: Python, SQL, exposure to Big Data workflows and analytic tools
• Strong communication, written and verbal skills
• Highly detail-oriented with an ability to produce high quality work
• Ability to prioritize work and simultaneously manage multiple responsibilities
• Team-oriented and collaborative
• Keen interest in capital markets and the investment research process
• Exemplify CPP Investment’s Guiding Principles: Integrity, Partnership and High Performance

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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.