Job Opportunity
Sr. Analyst / Associate
PSP Investments | Montreal, Canada
Job Summary
Work with the PE team on all aspects of the PE investment process and portfolio monitoring for both co-investments and fund investments. Excellent academic credentials. 1+ years of experience within an investment banking, management consulting, accountancy, or direct investment environment, with relevant exposure to transactions and investment analysis.
Details
About Us
We’re one of Canada’s largest pension investment managers, with CAD$204.5 billion of net assets. 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 Montreal 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.
Experience the Edge
At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We create an environment that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an inclusive work environment where diversity is embraced.
Do you have what it takes to spot the edge?
We’re seeking a Senior Analyst/Associate, Private Equity to partner with key stakeholders and peers to support and engage with our powerful networks of people, opportunities, and investments. At PSP, we embrace people who are eager to learn, ideate, and innovate: people who strive for excellence, challenge the status quo and seek alternative perspectives.
About the Team
Our purpose is to combine a pursuit of industry-leading returns with a commitment to social responsibility. In the North American Private Equity team, this is reflected in a high-quality investment portfolio that has grown over the past several years. Private Equity (“PE”) builds strategic relationships with external fund managers and investment partners, leveraging their networks and sector and geographic expertise to source long-term direct and co-investment opportunities. Our portfolio today consists of investments in a number of companies including, but not limited to, Alix Partners, Convex Group, SitusAMC, Lytx, Amwins, Learning Care Group, Alliant, United Talent Agency and Ziply Fiber.
Our team’s ambition is to be one of the most exciting places to work at, combining teamwork, passion for what we do, care for the global ecosystem and a very high drive for results.
We respect work-life balance and encourage flexible working.
About Your Role
The analyst’s/associate’s role is key to the PE team on all aspects of the PE investment process and portfolio monitoring (including origination, analysis, execution and asset management) for both co-investments and fund investments.
Our co-investment investment style usually entails partnering with leading private equity funds by becoming one of the larger limited partners in the fund and then acquiring significant minority stakes with active governance in underlying portfolio companies (our co-underwrite strategy) and/or investing small minority stakes on a passive basis (our syndicated strategy).
Workdays are highly variable and offer extensive opportunities for growth, from leading co-underwrite transactions, working on syndications and investing in top tier private equity funds across different sectors, geographies and growth stages. Furthermore, with relatively small deal teams, the analyst/associate will be expected to have a wide range of responsibilities and opportunities to make an impact on transactions.
The position is located in our Montreal office, with a focus on North American transactions and partners, with opportunities to also contribute on European and Asian opportunities and entitles traveling.
Responsibilities:
As a Senior Analyst/Associate, Private Equity, your responsibilities will broadly cover the following:
* Performing preliminary analysis of potential co-investment and fund opportunities – company and market research, financial and valuation analysis, sector mapping, meetings with prospective partners and advisors, fund track record analysis, industry expert interviews, etc.
* Assisting in due diligence – support the team across the various due diligence workstreams on live transactions, helping to assess key investment merits and risks (including commercial, financial, tax, structuring, ESG and other workstreams)
* Building and/or reviewing financial models, including extensive business plan and LBO analysis
* Preparing and presenting investment recommendation memorandums and other internal/external materials
What You’ll Need:
Professional Requirements
* Excellent academic credentials; a Business, Economics or scientific degree is preferred, but other degrees will also be considered
* 1-3 years of experience within an investment banking (Leverage Finance/M&A), management consulting, accountancy, or direct investment environment, with relevant exposure to transactions and investment analysis
Knowledge & Skills
* Strong analytical and quantitative skills, with full proficiency in financial modelling (both operating and LBO)
* Understanding of corporate finance and key accounting principles
* Good commercial judgment and critical thinking skills
* Excellent communication skills, with the ability to articulate and present facts and ideas effectively both verbally and in writing
Cultural Fit
* Integrity and drive to make an impact
* Proactive attitude and deep sense of ownership and initiative
* Collaborative, mature, low ego and willingness to have some fun at work
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- Min Experience: 1 years