Senior Associate, Real Estate

CPP Investments | Investissements RPC; Toronto; On-site; CAD 258,000 - 363,000; Full time

Job summary

CPP Investments is seeking a Senior Associate, Real Estate to drive investment research and lead workstreams from diligence to execution. You will manage relationships with internal and external partners and develop sophisticated financial models to support recommendations.

You will participate in presenting to Investment Committee and help monitor portfolio performance, drawing on strong fundamentals, market knowledge and collaboration with colleagues worldwide.

Qualifications

• Strong research, analytical, financial modeling and valuation skills.
• Ability to think creatively and solve complex problems.
• Experience in deal environments including diligence, structuring or asset management.
• Experience leading negotiations with multiple stakeholders.

Responsibilities

• Lead fundamental investment research and identify value creation opportunities.
• Develop recommendations, execute transactions and monitor portfolio investments.
• Manage relationships with internal and external investments partners.
• Build sophisticated financial models and analyze investment opportunities.
• Prepare investment reviews, rationales and due diligence documents.
• Present investment recommendations to committees as required.
• Support portfolio development and update financial tools for idea generation.

Skills

Research

Analytical thinking

Financial modeling

Valuation

Problem solving

Creative thinking

Education

Undergraduate degree in Business, Finance, Economics or relevant field

CFA (asset)

Tools

MS Excel

MS PowerPoint

Job description

Purpose. Performance. People.

Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians.

Purpose. Performance. People.

Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians. With a long-term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide. For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you’ll contribute to outcomes that matter alongside team members committed to excellence and shared success.

The Role

As a Senior Associate, Real Estate you will play a key role in making and managing investments. You will independently lead workstreams including fundamental investment research, identifying value creation opportunities, developing recommendations, executing transactions, and monitoring and managing portfolio investments. You will have responsibility for managing relationships with internal and external Investments partners.

The Team

Accountabilities

• Play an important role in the research, analysis and evaluation of a variety of investment opportunities including managing the overall evaluation process
• Participate in meetings with company management teams, industry experts and analysts
• Build working relationships with colleagues and leaders across the firm, alongside company management teams and investment partners
• Perform due diligence on opportunities including past and projected financial performance, quality of management teams, investment merits and risks, regulatory environment, industry dynamics and other relevant factors
• Lead development of sophisticated dynamic financial models to analyze investment opportunities (including testing assumptions and sensitivities)
• Oversee preparation of analytical investment reviews and recommendations, including industry overviews, written investment rationales and due diligence reviews
• Assist in presenting investment recommendations to the Investment Committee and Board, as required
• Assist in the development, implementation and monitoring of existing portfolios
• Update financial models and other analytical tools to support the idea generation process and rational behind changes in investment view
• Manage and guide the work of junior team members and assist departmental initiatives, processes and meetings

Qualifications

• Undergraduate degree Business, Finance, Economics or relevant field
• An advanced degree or certification (CFA) is an asset
• 5-7 years of relevant work experience
• Strong research, analytical, financial modeling, valuation, problem solving skills and ability to think creatively
• Experience working in deal environments including participation in the diligence and structuring processes related to acquisitions, financing transactions or investments, and/or asset management activities.
• Experience managing successful negotiations with multiple stakeholders and executing a wide range of agreements
• Advanced computer/technical skills – MS Excel, MS PowerPoint
• Solid verbal and written communication skills

This information for those living or expecting to live in New York City. The salary range for this position is: USD $185,000 - $260,000

US state/city legislation requires CPP investments to include a reasonable estimate of the compensation range for this role. The base salary range shown here is a reasonable expectation for the posted role and is part of a competitive total rewards package which includes comprehensive benefits, a performance-based incentive plan, a 401 (k) plan and paid time off. Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.

You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment.

We provide colleagues with cutting-edge AI tools, dedicated learning time, and practical support to help them deliver with greater impact.

Inclusion & Accessibility

CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs.

Attention: Protect Yourself from Fraud

CPP Investments is committed to a secure and transparent recruitment process. We will never ask candidates for payment or financial information at any stage of hiring. All legitimate opportunities are posted on our careers page, and communications will come from our applicant tracking system, Workday.

CPP Investments may use AI tools to help screen and assess applicants by analyzing resumes and applications for relevant skills and experience. These tools support, but do not replace, human decision-making.