Senior Manager, Canada Growth Fund Investment Management

investpsp; Calgary; On-site; CAD 140,000 - 210,000; Full time

Job summary

PSP Investments in Calgary is seeking a Senior Manager, CGFIM, to lead investments supporting the Canada Growth Fund mandate and manage end-to-end investment processes. You will oversee due diligence, financial modelling, and collaboration with risk, legal, tax, and IR teams, while mentoring junior staff and guiding deal execution.

Travel within Canada is required; the role is based in Calgary and focuses on energy transition opportunities across conventional and renewable sectors.

Qualifications

• Bachelor's degree in business, Finance or related fields.
• Seven years of relevant experience in conventional energy, renewable energy, clean-tech investing, infrastructure and/or investment banking/corporate finance/transaction services.
• Experience in impact investing would be an asset but not required.
• Execution skills across business development and investment analysis on complex transactions with broad due diligence across workstreams.

Responsibilities

• Actively analyze sectors/industry and identify potential investment opportunities.
• Perform preliminary analysis against the CGF mandate and impact criteria.
• Lead due diligence of investments in large-scale Canadian projects aligned with CGF's objectives.
• Take ownership of several diligence workstreams and review financial & operational models.
• Lead preparation of investment recommendation papers for internal approval.
• Start leading discussion and negotiating investment documentation.
• Lead project management aspects of deal execution including budget, timeline and workplans.
• Provide oversight to junior team members and collaborate with senior team members.

Skills

Investment analysis

Due diligence

Project management

Financial modelling

Stakeholder management

Leadership

Communication

Education

Bachelor's degree in business, Finance or related fields

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 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, you'll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before. In Budget 2023, the Government of Canada announced that PSP Investments would act as the independent and exclusive investment manager for the Canada Growth Fund (CGF) a $15 billion public investment vehicle that was established to support the growth of Canada's clean economy and help to meet its national economic and climate policy goals. Following this, PSP Investments has incorporated CGF Investment Management (CGFIM) for that purpose. CGFIM is providing the full suite of investment management services to CGF covering the entire investment process pursuant to an Investment Management Agreement (IMA).

ABOUT THE TEAM

The Canada Growth Fund Investment Management team was created within PSP to manage the C$15 billion Canada Growth Fund. CGF's mandate is to catalyse substantial private-sector investment in Canadian low-carbon projects, technologies, businesses and supply chains through innovative funding structures that help mitigate risks and uncertainties inherent in the low-carbon economy. CGF invests in Canadian projects and companies across themes such as carbon capture, hydrogen, renewable natural gas, clean technology and critical minerals.

ABOUT YOUR ROLE

As Senior Manager, CGFIM , based in Calgary, you will act as a senior investment professional and work leader on investments that support the Canada Growth Fund mandate. You will lead investment activities end to end, shape sector priorities and tactical plans, provide authoritative advice, and influence business development, investment and asset‑management decisions across CGFIM.

In this role, you'll:

• Actively contribute to the analysis of relevant sectors/industry (including relevant regulatory and policy frameworks) and developments to help identify potential investment opportunities


• Perform preliminary analysis of investment opportunities against the CGF mandate and its impact criteria, demonstrating consistent investment judgement and ability to challenge opinions


• Actively contribute to the execution and due diligence of investments in large-scale Canadian projects aligned with CGF's strategic objectives including Canadian clean growth


• Take ownership of several diligence workstreams (commercial, regulatory, impact etc.) and be ultimately accountable for valuation/analytical work including the review of financial & operational models, calibration of key assumptions, scenario design & analysis as well as sensitivity analysis for example


• Lead the preparation of investment recommendation papers for internal approval


• Start leading discussion and take ownership of investment documentation. Build an understanding of bid tactics and start demonstrating negotiation skills


• Take lead role in project management aspects of deal execution including budget planning & approval, management of timeline & deliverables within required cadence, design and management of the workplan (including allocation of work & responsibilities with expert consultants and within the team)


• Collaborate with senior members of the team and provide oversight/coaching/development to junior team members (analysts/associates)


• Provide support to team on internal projects to improve team performance and operational efficiency


• Monitor investments, assist on value creation/monitoring plans and assist in the disposition of portfolio investments as required


• Cultivate network of contacts within and outside of the investment & energy transition industries to assist with the identification and evaluation of investment opportunities


• Build relationships with key internal (risk, tax, legal, HR) and external stakeholders as required

Note: The position requires travel within Canada and potentially internationally.

This position is based in Calgary, Alberta.

WHAT YOU'LL NEED

• Bachelor's degree in business, Finance or related fields


• Being a well-rounded investor, with a minimum of seven (7) years of relevant experience within conventional energy, renewable energy, clean-tech investing, infrastructure and/or investment banking/corporate finance/transaction services


• Experience in impact investing would be an asset but not required


• Execution skills across business development, investment analysis on complex transactions; with broad due diligence experience across workstreams (commercial, financial, strateg