Analyst, External Portfolio Management (12-Month Contract)

CPP Investments | Investissements RPC; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

CPP Investments in Toronto is seeking an Analyst in External Portfolio Management (EPM) to contribute to investment analysis, external manager research, portfolio construction and risk management across a broad range of hedge fund strategies and co-investment opportunities. As a generalist across EPM, you will support both the Funds Selection and Portfolio Construction & Risk teams.

Your assignments will evolve with investment priorities and business needs, providing broad exposure to

Qualifications

• Undergraduate or advanced degree, with graduation in April 2026 or later.
• Understanding of public capital markets; experience with alternative investment strategies is an asset.
• Strong qualitative, critical thinking, analytical and problem-solving skills, with an interest in learning and contributing perspectives.
• Proficiency in Microsoft Office applications, including Word, Excel, Outlook and PowerPoint; experience with Python, VBA, Tableau or similar tools is an asset.
• Strong interpersonal and written and verbal communication skills, with the ability to work collaboratively in a team environment.
• Familiarity with risk and portfolio management platforms is an asset, particularly for work supporting the Portfolio Construction & Risk team.
• Interest in pursuing the CFA or CAIA designation is an asset, along with a commitment to CPP Investments’ principles of integrity, partnership and high performance.

Responsibilities

• Monitor and analyze existing hedge fund investments and the broader EPM portfolio, including performance, risk, exposures and portfolio reviews.
• Contribute to due diligence on external investment managers, assessing investment strategies, performance, portfolios, teams and organizations.
• Support the evaluation of co-investment opportunities across public equities, credit, macro and other asset classes.
• Conduct quantitative and qualitative analysis and research to support investment decisions, portfolio construction, risk management and hedging activities.
• Develop and enhance analytical tools and processes supporting investment monitoring, portfolio construction and risk analysis.
• Prepare investment memos, research materials, portfolio reviews and presentations, and contribute to investment and research discussions.
• Support data, technology, operational and strategic initiatives across EPM and CMF, adapting to evolving investment and business priorities.

Skills

Analytical thinking

Critical thinking

Team collaboration

Strong communication

Education

Undergraduate or advanced degree

Tools

Excel

PowerPoint

Outlook

Python

VBA

Tableau

Job description

Purpose. Performance. People.

Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians.

With a long-term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide.

For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you’ll contribute to outcomes that matter alongside team members committed to excellence and shared success.

The Role

As an Analyst in External Portfolio Management (EPM), you will contribute to investment analysis, external manager research, portfolio construction and risk management across a broad range of hedge fund strategies and co-investment opportunities.

Working as a generalist across EPM, you will have opportunities to support both the Funds Selection and Portfolio Construction & Risk teams. Your assignments will evolve with investment priorities and business needs, providing broad exposure to external manager investing, quantitative and qualitative research, portfolio analysis and strategic initiatives.

The Team

The Capital Markets and Factor Investing (CMF) department invests globally across public equities, fixed income securities, currencies, commodities and derivatives, and manages external investment managers and co-investments in public market securities.

Within CMF, External Portfolio Management (EPM) invests across a broad range of hedge fund strategies and co-investment opportunities and manages these investments within an integrated portfolio. The team combines fundamental and quantitative investment analysis, manager research, portfolio construction and risk management.

Accountabilities

• Monitor and analyze existing hedge fund investments and the broader EPM portfolio, including performance, risk, exposures and portfolio reviews.
• Contribute to due diligence on external investment managers, assessing investment strategies, performance, portfolios, teams and organizations.
• Support the evaluation of co-investment opportunities across public equities, credit, macro and other asset classes.
• Conduct quantitative and qualitative analysis and research to support investment decisions, portfolio construction, risk management and hedging activities.
• Develop and enhance analytical tools and processes supporting investment monitoring, portfolio construction and risk analysis.
• Prepare investment memos, research materials, portfolio reviews and presentations, and contribute to investment and research discussions.
• Support data, technology, operational and strategic initiatives across EPM and CMF, adapting to evolving investment and business priorities.

Qualifications

• An undergraduate or advanced degree, with graduation in April 2026 or later.
• Understanding of public capital markets; experience with alternative investment strategies is an asset.
• Strong qualitative, critical thinking, analytical and problem-solving skills, with an interest in learning and contributing perspectives.
• Proficiency in Microsoft Office applications, including Word, Excel, Outlook and PowerPoint; experience with Python, VBA, Tableau or similar tools is an asset.
• Strong interpersonal and written and verbal communication skills, with the ability to work collaboratively in a team environment.
• Familiarity with risk and portfolio management platforms is an asset, particularly for work supporting the Portfolio Construction & Risk team.
• Interest in pursuing the CFA or CAIA designation is an asset, along with a commitment to CPP Investments’ principles of integrity, partnership and high performance.

You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment.

We provide colleagues with cutting-edge AI tools, dedicated learning time, and practical support to help them deliver with greater impact.

Inclusion & Accessibility

CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs.