Associate Director, Infrastructure Equity

Manulife; Toronto; Hybrid; CAD 113,000 - 187,000; Full time

Job summary

A global wealth and asset management firm in Toronto seeks an Associate Director to focus on global infrastructure equity fund investments. Responsibilities include sourcing and underwriting new investments, preparing investment memos, and monitoring portfolio performance. Candidates should have a Bachelor’s in a relevant field, at least 7 years of experience in financial markets, and strong analytical and leadership skills. Competitive compensation and hybrid work model offered.

Benefits

Comprehensive health benefits

Flexible work environment

Retirement savings plans

Qualifications

• Minimum of 7 years of experience in financial markets, including extensive experience in underwriting infrastructure equity investments.
• Strong understanding of corporate finance and ability to assess financial performance.
• Demonstrated ability to work independently and with various stakeholders.

Responsibilities

• Lead and contribute to the preparation of investment memos summarizing analysis.
• Monitor investments, including representing the organization on advisory committees.
• Manage existing relationships and actively source new investment opportunities.

Skills

Analytical skills

Problem-solving skills

Leadership skills

Interpersonal skills

Project management skills

Time management skills

Education

Bachelor’s degree in business, finance, accounting, or economics

CFA / MBA

Job description

Manulife Investment Management (“MIM”) is a global wealth and asset management business with assets under management and administration of approximately US$900 billion as of December 31, 2024. Investment strategies include fixed-income, specialized equity, multi-asset solutions, and private markets. The Private Markets group has investment teams managing real estate debt, real estate equity, timber, agriculture, infrastructure equity, private equity and private credit on behalf of institutional clients and Manulife’s balance sheet. Investment teams operate in a boutique environment, empowered to make investment decisions in line with their singular philosophy and their clients’ long-term objectives.

Within Private Markets, the MIM Indirect Infrastructure Equity Investment Team (the “Team”) consists of investment professionals whose work is focused on institutional funds and co-investments globally across sectors including renewable energy, power and utilities, transportation, and digital infrastructure. The Team oversees the portfolio of the Manulife general account with ~ C$12 billion of assets under management.

The Team is seeking candidates for the position of Associate Director. The candidate, based in Toronto, will focus on global infrastructure equity fund investments and co-investments. The candidate will participate in the sourcing and underwriting of new investment opportunities as well as monitoring investments over their holding period.

Position Responsibilities

• Actively participate in sourcing new investment opportunities by developing relationships with placement agents, infrastructure equity firms and other deal relevant sources. The candidate will also be responsible for managing some existing relationships with external fund managers.

• Take a leadership role in the completion of due diligence of new infrastructure equity fund commitments and co-investments. The candidate will be expected to develop their own diligence plan including advanced financial modelling of various investment outcomes, identification of key risks and areas of focus. In addition, the candidate is responsible for ensuring the analysis is appropriately documented.

• Lead and contribute to the preparation of investment memos, often in collaboration with junior members of the investment team, summarizing findings from the analysis noted above. The successful candidate will be responsible for presenting the investment thesis to the Investment Committee.

• Review and negotiate legal documentation with oversight of other senior members of the team and legal counsel.

• Take an active role in monitoring investments; This includes identifying important developments and evolving risks, representing the organization on Limited Partner Advisory Committees and portfolio company boards of directors, maintaining an active dialogue with sponsors and investment partners, and reviewing quarterly financial reports provided by sponsors and portfolio companies.

• Contribute to the timely and accurate reporting of portfolio and group related reporting activities. This can include assisting in the aggregation and reporting of portfolio level data for senior management and valuation of portfolio assets. The candidate may also be expected to make presentations to internal clients.

• Take overall responsibility for the oversight of Associates’ and Analysts’ work product and provide mentoring of these team members.

Qualifications

Consider yourself an ideal candidate for this program if you are a highly motivated individual with demonstrated analytical, problem solving, and leadership skills; possess strong interpersonal skills; function well in a team environment; and if you are a results-oriented individual. In addition, we are looking for candidates who have the following:

• Bachelor’s degree in business, finance, accounting, or economics.

• A minimum of 7 years of experience in financial markets, including considerable experience in underwriting infrastructure equity investments.

• CFA / MBA is considered an asset.

• Strong understanding of corporate finance and an ability to assess financial performance, portfolio company acquisition multiples, and carrying values.

• Understanding of financial statements and strong financial modelling abilities and analysis skills.

• Strong verbal and written communication skills to effectively communicate with senior management. Ability to synthesize large amounts of data and communicate key findings through these communication skills.

• Ability to work independently and with a wide variety of people, including internal and external parties, and meet deadlines while managing several assignments.

• Demonstrated project and time management skills.

• Willingness and availability to travel.

When you join our team:

• We’ll empower you to learn and grow the career you want.

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

• As part of our global team, we’ll support you in shaping the future you want to see.

Our compensation package for this role includes a competitive base salary complemented by a significant variable component, providing additional rewarding opportunities beyond the base pay listed.

Acerca de Manulife y John Hancock

Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com .

Manulife es un empleador que ofrece igualdad de oportunidades

En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.

Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a [e-mail] .

Referenced Salary Location

Toronto, Ontario

Modalidades de Trabajo

Híbrido

Salary range is expected to be between

$113,000.00 CAD - $187,000.00 CAD

Si se está postulando para este puesto fuera de la ubicación principal, póngase en contacto con [e-mail] para conocer el rango salarial de su ubicación. El salario real variará según las condiciones locales del mercado, la geografía y los factores relacionados con el trabajo pertinentes, como conocimiento, habilidades, calificaciones, experiencia y educación/capacitación. Los empleados también tienen la oportunidad de participar en programas de incentivos y obtener una compensación de incentivos vinculada al desempeño comercial e individual.

Manulife ofrece a los empleados aptos una amplia variedad de beneficios personalizables, entre ellos, beneficios de salud, odontológicos, de salud mental, oftalmológicos, por discapacidad a corto y a largo plazo, cobertura de seguro de vida y por muerte accidental y desmembramiento, adopción/subrogación y bienestar, y planes de asistencia al empleado/familiar. También ofrecemos a los empleados admisibles varios planes de ahorro para la jubilación (incluidos planes de pensiones y un plan mundial de propiedad de acciones con contribuciones equivalentes del empleador) y recursos de asesoramiento y educación financiera. Nuestro generoso programa de tiempo libre remunerado en Canadá incluye feriados, vacaciones, días personales y días por enfermedad, y ofrecemos la gama completa de ausencia laboral reglamentaria. Si se está postulando para este puesto en los EE. UU., póngase en contacto con [e-mail] para obtener más información sobre las disposiciones relativas al tiempo libre remunerado específicas de EE. UU.