Senior Analyst / Associate, Infrastructure Investments

Public Sector Pension Investment Board; Montreal; Hybrid; CAD 90,000 - 135,000; Full time

Benefits offered by this job

Comprehensive group insurance plans

Competitive pension plans

Virtual healthcare & wellness programs

Gender-inclusive family leave policy

Vacation days on day one & milestone/夏

Hybrid work model

Job summary

Public Sector Pension Investment Board (PSP Investments) in Montreal seeks a Senior Analyst / Associate, Infrastructure Investments. You will evaluate investment opportunities, conduct due diligence, and help manage a global portfolio of infrastructure assets.

The role involves coordinating with external advisors and investment committees. Ideal candidates have 3–5 years in finance, strong modelling and valuation skills, and fluency in English and French.

Qualifications

• Three to five years of relevant experience in financial analysis, corporate finance, M&A or valuations.
• Solid understanding of financial statements, modelling and valuation techniques.
• Ability to work with multiple deadlines and communicate effectively in English and French.

Responsibilities

• Assess infrastructure investment opportunities including thesis, financials and risks.
• Support due diligence with third‑party advisors and prepare investment memorandums for committees.
• Monitor portfolio performance and assist in valuation and exit analysis.

Skills

Financial analysis

Financial modeling

M&A

Strategic analysis

English/French communication

Education

Bachelor's degree in a relevant field

Master's degree or professional designation (CA, CFA, CBV) asset

Tools

Capital IQ

Bloomberg

Excel

PowerPoint

Job description

ABOUT US

We’re one of Canada’s largest pension investors, with CAD$320.6 billion of net assets as of March 31, 2026.

We invest funds for thepension plans of thefederalpublicservice, the Canadian Forces, the Royal Canadian Mounted Police andthe ReserveForce. 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 THE TEAM

As a Senior Analyst / Associate, Infrastructure Investments in our Montreal office, you will work with a team of highly motivated professionals who pursue investments and manage a portfolio of infrastructure assets globally. You will be involved in all aspects of the investment process including research, origination, due diligence and analysis of investment opportunities, transaction execution, financing and asset management.

ABOUT YOUR ROLE

As a Senior Analyst / Associate, Infrastructure Investments, you’ll be involved in the following:

Assessment of Infrastructure Investment Opportunities and Transaction Execution

• Perform comprehensive analysis of investment opportunities and assess investment thesis, including key merits and risks
• Assess target companies’ historical and projected financial information, strategic positioning and value proposition, industry dynamics, regulatory environment and other pertinent factors
• Prepare, substantiate, and provide recommendations for equity valuations of investment opportunities:
• Support or lead key due diligence activities conducted on target companies, including coordination and review of the work performed by third-party advisors (commercial, technical, legal, financing, accounting, tax, environmental, etc.)
• Participate in the preparation of investment memorandums and presentation of recommendations to the investment committees

Monitoring and Active Management of Portfolio Investments

• Monitor periodic financial and operating results and explain management plan variance
• Prepare various ad hoc analyses of portfolio companies’ performance and trajectory
• Support and participate in the portfolio companies’ periodic valuation process
• Work alongside management teams to assess and execute investment opportunities, capital projects or refinancing activities pursued by portfolio companies
• Support review of portfolio companies’ strategic alternatives and exit opportunities

Supporting Business Development Initiatives

• Keep abreast of important industry developments and publications and disseminate relevant information to the rest of the team
• Conduct industry research and analysis to assist in the identification of investment opportunities in the infrastructure sector
• Perform ad hoc deep dive research, prepare supporting analysis, attend conferences, interact with industry experts
• Develop new and cultivate existing network of industry contacts to improve access to information for the entire team

Note: the position requires travel.

WHAT YOU’LL NEED

We are looking for a team player who enjoys a high-performance culture and has strong interpersonal skills. The ideal candidate would have a three (3) to five (5) years of working experience where the emphasis has been on developing a solid understanding of topics such as financial statements, corporate finance, M&A and valuation, excellent analytical and modelling skills as well as a critical thinking mindset.

In more detail, here’s what we’re looking for:

• Bachelor’s degree in a relevant field, with an outstanding academic achievement
• Completion or current pursuit of a master’s degree or professional designation (CA, CFA, CBV) would be an asset
• Minimum of two (2) years of relevant financial analysis, accounting, modelling, valuation and/or transactional experience in consulting, investment banking, financing, investing or corporate development
• Experience in the infrastructure and/or energy sectors, considered an asset
• Solid understanding of financial statements, excellent analytical and financial modeling skills, and sound critical judgement
• High level of proficiency with Microsoft Office Tools (more specifically Excel, Word and PowerPoint) and financial analytical tools and databases such as Capital IQ and Bloomberg
• Strong interpersonal skills and ability to communicate effectively
• Ability to work well under pressure and maintain attention to detail with multiple competing deadlines
• Being a team player who enjoys a high-performance culture, ability and desire to coach junior resources
• 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)

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 group insurance plans
• 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 that includes four in-office days, Monday through Thursday
• The opportunity to work temporarily from another location in accordance with the applicable policy

*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.

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