Portfolio Manager, Infrastructure / Associate Portfolio Manager, Infrastructure

VenorTalent; Halifax; On-site; CAD 90,000 - 120,000; Full time

Job summary

A non-profit investment corporation in Halifax is seeking a Portfolio Manager for Infrastructure to manage the pension funds' infrastructure portfolio. Primary responsibilities include sourcing new investment opportunities, conducting due diligence, and overseeing fund managers. Ideal candidates will have a background in finance and experience in institutional investment management, particularly in infrastructure and private markets. This role entails strategic analysis and relationship management, contributing to investment strategies and policy development.

Benefits

Comprehensive health and dental benefits

Flexible work environment

Professional development policy

Qualifications

• Experience in pension funds or institutional investment management.
• Advanced analytical and financial evaluation skills.
• Proven ability to lead investment sourcing and conduct due diligence.

Responsibilities

• Manage existing fund managers and co-investment relationships.
• Lead sourcing of new opportunities and conduct due diligence.
• Produce comprehensive quarterly reporting for the portfolio.

Skills

Analytical skills

Strategic mindset

Relationship management

Education

Post-secondary education in finance or related field

CFA or CPA preferred

Job description

Nova Scotia Pension Services Corporation (NS Pension) is a growing non‑profit corporation dedicated to a wide range of investment, pension administration, and compliance services for two of Nova Scotia’s leading pension plans. In total, we manage over $15 billion in plan assets and serve over 60 employers and 80,000 members, retirees, and survivors.

We administer the pension benefits and investment assets of the Public Service Superannuation Plan and the Teachers’ Pension Plan as well as the pension benefits of the MLA Pension Plan and three former Sydney Steel pension plans.

Our culture

We take pride in our culture as it defines who we are, and shapes what we aspire to be.

Our Vision

To strengthen the retirement future of Nova Scotians

Our Mission

To provide outstanding pension services

Our Values

Commitment: to provide the highest quality service
Trust: to act with integrity and to make sound decisions
Respect: to show consideration to our members and our colleagues
Expertise: to build and retain a diverse and talented team
Collaboration: to build mutually beneficial relationships

• Comprehensive extended health and dental benefits for you and your family
• Health & wellness programming including our confidential Employee & Family Assistance Program and annual Health Spending Account
• Flexible work environment including flexible working hours and work from home days
• Robust professional development policy including tuition reimbursement
• Commitment to diversity and inclusion
• Highly engaged workforce
• Modern office space
• Seasonal events and socials
• Opportunities to give back to the community through fundraising events

Our premises are within the Purdy’s Wharf complex which provides amenities such as an on‑site daycare and fitness centre. Our office is connected to the downtown pedway system and situated on Halifax’s beautiful waterfront providing easy access to ferry and bus transit hubs, banks, restaurants, and shopping.

The opportunity

Position Summary
Reporting to the Head of Private Markets (HPM) the position of Portfolio Manager, Infrastructure / Associate Portfolio Manager, Infrastructure is responsible for investing and managing the infrastructure portfolio of the Teachers’ Pension Fund and the Public Service Superannuation Pension Fund (the “Funds”). The position’s primary responsibility is to source and due diligence new infrastructure investment opportunities; manage the investment process; provide day‑to‑day management of the portfolio, fund managers, separately managed accounts, and co‑investment relationships; provide ongoing monitoring of existing funds and co‑investments, including underlying asset valuations; and providing comprehensive quarterly reporting. As a subject‑matter expert in infrastructure, provide support to the Investment Committee and provide input to the private markets strategies. Private markets includes the real estate, infrastructure, private equity and natural resources investment portfolios.

Key Responsibilities

• Portfolio Management & Monitoring
  Manage existing fund managers and co‑investment relationships across the infrastructure portfolios, including monitoring risk, expected performance, and asset valuations. Conduct regular due diligence, ensure compliance with legal documentation, participate in advisory committees, and attend required monthly, quarterly, and annual manager meetings.
• Pipeline Development & Due Diligence
  Maintain an inventory of infrastructure managers and monitor funds in or coming to market. Develop pacing plans and lead sourcing of new opportunities, including new managers, follow‑on commitments, and co‑investments. Lead the full due diligence process, present recommendations to the HPM and Investment Committee, and secure CIO approval. Work with legal counsel to negotiate and structure investments.
• Direct Investment Evaluation
  For active decisions within separately managed accounts, evaluate investment opportunities through detailed due diligence, assessing risk, exposure, return, and yield. Present findings and recommendations to the HPM and Investment Committee, obtain CIO approval, and oversee external legal counsel during contract negotiations and deal structuring.
• Reporting & Analysis
  Produce comprehensive quarterly reporting for the infrastructure portfolio, including consolidated sector, geographic, risk, and manager exposures. Provide performance reporting for individual assets and the overall portfolio, maintain pacing plans, and prepare enhanced Trustee reporting – particularly for the co‑investment portfolio.
• Advisory & Expertise
  Serve as a subject‑matter expert on infrastructure and private markets, providing analysis, guidance, and support to the Investment Committee.
• Policy & Strategy Development
  Develop and update policies, procedures, investment strategies, and annual Trustee reports related to the infrastructure portfolio. Conduct research as required and collaborate with the HPM to refine and approve recommendations.

What you need to be successful

• Post‑secondary education in finance, business, economics, or a related field; CFA, CPA and/or a graduate degree preferred. A combination of relevant education and professional experience will be considered in the evaluation of qualified applicants.
• Experience in pension funds or institutional investment management, specific to private market investments including infrastructure, private equity, private debt, etc.
• Advanced analytical and financial evaluation skills to assess risk, valuation, performance drivers, and portfolio impacts across diversified portfolios.
• Proven ability to lead investment sourcing, develop pacing plans, conduct full due diligence, and present recommendations to senior leadership, the Investment Committee, and the CIO.
• Strong relationship management and communication skills to engage effectively with fund managers, advisors, legal counsel, and internal stakeholders at senior levels.
• Strategic mindset and sound judgment to interpret market developments, refine investment strategies, and contribute to policy and procedure development.
• Highly organized, detail‑oriented, and able to manage multiple mandates and reporting cycles with autonomy.

Diversity and inclusion

We are committed to fostering a diverse, inclusive and accessible environment where all employees, members and clients feel valued, respected, and supported. How you identify is important to us. We encourage you to share your preferred pronouns on your resume. If you are unable or limited in your ability to complete the application, testing or interview process, we can assist you. Please provide the type of accommodation you are requesting in your cover letter and/or resume.