Associate, Real Estate Investments

PSP Investments; Montreal; Hybrid; CAD 75,000 - 95,000; Full time

Job summary

A leading pension investment firm is seeking an Associate, Real Estate Investments in Montreal. You will analyze potential real estate transactions and collaborate closely with investment managers to drive profitability. Ideal candidates should have a Bachelor’s degree in Finance, Economics, or Real Estate and strong financial analytical skills. The firm offers competitive benefits including career development, wellness programs, and a hybrid work model. Fluency in English and French is advantageous.

Benefits

Investment in career development

Competitive pension plans

Unlimited virtual healthcare services

Wellness programs

Gender-inclusive paid family leave

Personalized family-building support

Hybrid work model with remote days

Qualifications

• Three (3) to five (5) years of relevant experience.
• Experience in analysis of real estate transactions is a definite asset.
• Good communications skills in English and French or willingness to learn.

Responsibilities

• Collaborate with investment managers in the analysis of potential real estate transactions.
• Participate in the due diligence process.
• Research and analyze real estate markets for targeted classes.

Skills

Strong writing skills

Strong financial analytical skills

Proactivity, forward thinking and drive for results

Ability to build good relationships

Good attention to detail

Outgoing self-starter

Flexibility and adaptability

Strong team player

Education

Bachelor’s degree in Finance, Economics or Real Estate

M.Sc. in Finance, MBA, CA or CFA designation

Tools

MS Office (Word, Excel, PowerPoint)

ARGUS

@risk software

Job description

ABOUT US

We’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

ABOUT YOUR ROLE

As an Associate, Real Estate Investments, you’ll:

• Collaborate with investment managers in the analysis of potential real estate transactions across all asset classes including residential, office, retail, and industrial assets, and, transactions in various forms: direct asset transactions, corporate transactions, secondary share, private funds, etc.

  • Act as a lead in the development of financial models related to real estate investments (debt or equity) in collaboration with analysts and senior analysts

  • Analyze cash flows and project returns

  • Analyze the impact of different assumptions on performance: revenue, operating expenses, financing, tax, fees, etc.

  • Analyze investment risks

  • Analyze the asset’s operating budget and financial statements

  • Analyze the partnership structure

  • Participate in presenting investment opportunities at weekly Global Real Estate Committee meetings

• Participate to the due diligence process

  • Summarize and follow up on external reports (physical, environment, financial, legal, tax, insurance and other reports)

• Participate in drafting administrative documents

  • Business plans for the various assets, presentations to PSP Investments’ Board of Directors, etc.

• Collaborate with investment managers in active management of PSP Investments’ Real Estate portfolio

  • Research, synthesize and analyze the real estate markets by asset type and by geography for targeted market and asset classes. Periodically follow up on the real estate business plans and analyze variances from the presented budgets

  • Analyze and monitor real estate market values

  • Monitor real estate indexes

Some travel may be required.

WHAT YOU’LL NEED

• Strong writing skills

• Strong interest for the field of real estate investment

• Strong financial analytical skills

• Ability to build good relationships internally, as well as externally

• Ability to manage a number of different projects at any given time and to manage deadlines

• Good attention to detail and presentation of information

• Outgoing self-starter; high level of autonomy

• Proactivity, forward thinking and drive for results

• Strong team player

• Organized and methodical

• Flexibility and adaptability

• Work ethics and professional integrity

• Bachelor’s degree in Finance, Economics or Real Estate combined with strong analytical skills

• M.Sc. in Finance, MBA, CA or CFA designation are assets

• Three (3) to five (5) years of relevant experience

• Experience in analysis of real estate transactions, a definite asset

• High level of proficiency with computer tools such as MS Office (most specifically Word, Excel and PowerPoint)

• Knowledge of ARGUS and @risk software, an asset

• Good communications skills in English and French (or willingness to learn) (regular interactions in English with investment partners based outside of Quebec Example: peers, bankers, brokerage firms, etc. and PSP employees in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)

BENEFITS

We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:

• Investment in career development

• Comprehensive

• Competitive pension plans>

• Unlimited access to virtual healthcare services and wellness programs

• Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers

• A personalized family-building support, from pre-pregnancy to menopause, with available financial assistance

• Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off

• A hybrid work model with a mix of in-office and remote days

*Benefits package may vary based on your employee type.

At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

Visit us on www.investpsp.com/en/

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