Analyst, External Portfolio Management (Fundamental Strategies)

CPP Investments | Investissements RPC; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A global investment organization in Toronto is looking for an Analyst for the External Portfolio Management team. This role supports the evaluation and monitoring of hedge fund partnerships, contributing to investment recommendations and tracking market developments. Candidates should have an undergraduate degree in a finance-oriented discipline and up to 3 years of relevant work experience. The position offers opportunities for growth in a fast-paced environment.

Benefits

Hybrid-flexible work environment

Global career development opportunities

Diverse and inspiring colleagues

Qualifications

• Up to 3 years of relevant work experience in equity research, investment banking, investment management or consulting.
• Solid verbal and written communication skills.
• Exceptional attention to detail in written work and quantitative analysis.

Responsibilities

• Assist with monitoring hedge fund and co-investment portfolios.
• Support the evaluation of new investment opportunities by conducting research.
• Participate in meetings with external managers and summarize key takeaways.

Skills

Research

Analytical skills

Financial modeling

Valuation

Problem solving

Communication

Education

Undergraduate degree in finance-oriented discipline

Advanced degree or CFA

Tools

MS Office

Bloomberg

Tableau

Python

Job description

Overview

Company Description

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.

Job Description

The Capital Markets and Factor Investing Department ("CMF") invests assets globally in public equities, fixed income securities, currencies, commodities, and derivatives, and manages the engagement of investment managers and co-investments in public market securities. We are currently recruiting for an Analyst within the External Portfolio Management ("EPM") team. The role is based in Toronto.

EPM is a group within CMF responsible for allocating capital to external managers in public markets across all trading styles, asset classes, and geographies. EPM oversees a portfolio of externally managed funds and separate accounts and has relationships with over 60 of the world’s top hedge fund managers. EPM forms long term partnerships, irrespective of whether the underlying fund strategy is short- or long-term in nature. The group also makes co-investments alongside external managers.

The Analyst will play a key role in supporting the research, evaluation, and monitoring of EPM’s hedge fund partnerships within Fundamental Strategies (Equities and Credit). The role will also contribute to EPM’s co-investment activities, assisting in due diligence and ongoing monitoring of the existing portfolio. Working closely with senior team members, the Analyst will help prepare investment recommendation materials for new opportunities and track portfolio developments to ensure the team remains informed of major changes and emerging trends.

In addition, as part of the broader EPM platform, the Analyst will contribute to assessing and monitoring the hedge fund manager landscape. This includes reviewing investment proposals across a broad range of strategies and styles, helping the team identify and evaluate opportunities in an evolving market environment.

Accountabilities

• Assist with monitoring hedge fund and co-investment portfolios, including tracking performance, preparing review materials, and staying on top of market developments.
• Support the evaluation of new investment opportunities by gathering data, conducting research, and helping prepare investment recommendation materials.
• Contribute to coverage of Equity and Credit hedge fund managers, helping track peers and identify potential opportunities.
• Participate in meetings with external managers, take notes, and summarize key takeaways for the team.
• Help coordinate with internal groups (Risk, Legal, Tax, Operations) during the investment approval and implementation process.
• Contribute to team discussions, portfolio reviews, and broader EPM initiatives and projects.

Qualifications

• Undergraduate degree in a finance-oriented discipline (e.g., Business, Economics, Mathematical Finance, Financial Engineering).
• An advanced degree or certification (CFA) is an asset.
• Up to 3 years of relevant work experience in equity research, investment banking, investment management or consulting.
• Prior experience in hedge funds or fund-of-funds is an asset but not required.
• Strong research, analytical, financial modeling, valuation, problem solving skills and ability to think creatively.
• Proficiency in MS Office (Word, Excel, Outlook, PowerPoint) and Bloomberg. Experience with Tableau, Python, or other programming languages is an asset, though not required.
• Exceptional attention to detail, with the ability to produce high-quality written work and quantitative analysis.
• Solid verbal and written communication skills
• Embodies CPP Investments’ guiding principles: Integrity, Partnership, and High Performance.

Additional Information

Visit our LinkedIn Career Page or follow us on LinkedIn. 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.