CPP Investment Board

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investment Board (CPPIB), you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $238 billion, and projected to reach $300 billion by 2020, CPPIB is a professional investment management organization that globally invests the funds of the Canada Pension Plan to ensure long-term sustainability. CPPIB invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and currently has offices in Toronto, London, Hong Kong, New York, São Paulo with plans for a Mumbai office in 2015.

CPPIB attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:

• Being motivated every day by CPPIB's important social purpose and unshakable principles
• Diverse and inspiring colleagues and approachable leaders
• Stimulating work in a fast-paced, intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here's an opportunity for you to invest your career at CPPIB.

Position Description

We are currently recruiting for an Analyst or Associate to join our growing Natural Resources group in Private Investments in the Toronto Office. The individual will work alongside members of the team to evaluate new investment opportunities and assist with asset management and relationship development.

Role Specific Accountabilities

A) Analyze Natural Resources Investment Opportunities across the globe:

i) Review:

• Build complex, dynamic financial models to analyze potential acquisition opportunities in the oil and gas space, including but not limited to upstream, midstream, refining and oilfield services transactions
• Perform valuation analysis, including NAV, LBO, precedent transaction, and comparable company analysis
• Support the deal team in working with third-party advisors to perform due diligence on opportunities including commercial (industry, competitive positioning, analysis of value drivers, etc.), financial, legal, tax, regulatory, environmental, insurance, benefits, etc.; The individual is expected to develop capabilities in leading discrete due diligence workstreams
• Meet with company management and review past performance, strategy, outlook, regulatory and industry issues, and other relevant topics as required
• Perform fundamental industry analysis on businesses being considered for investment

ii) Recommend:

• Attend and participate in Natural Resources investment recommendation meetings
• Assist in presenting investment recommendations to CPPIB investment committees

B) Execute:

• Liaise with investment partners (other investors) and advisors (financial, legal, etc.)
• Assist with the preparation of investment committee materials and support team members in transaction structuring, and legal documentation work
• Assist with acquisition financing workstreams, including but not limited to review of credit documentation and financing term sheets
• Work with other CPPIB departments to arrange funding and establish post-transaction monitoring processes

C) Monitor:

• Assist in building relationships with portfolio company management teams
• Assist CPPIB directors on portfolio company boards and management teams in executing on strategic plans and establishing best-in-class compensation and reporting practices
• Assist management teams in evaluating acquisitions, significant capital projects and financing alternatives
• Monitor ongoing financial and operational performance and coordinate with other CPPIB departments with respect to monitoring ongoing investments
• Assist with the preparation of valuation reviews

D) Build the Team:

• Train and mentor junior investment staff including new analysts and summer interns
• Participate in and contribute to deal team, weekly department and investment recommendation meetings
• Share knowledge
• Help with recruiting activities including liaising with universities, networking and sourcing candidates
• Proactively identify opportunities to improve Natural Resources and CPPIB processes/practices

Position Requirements

Must have:

• 1 - 3 years related work experience (e.g. investment banking, consulting, private equity, business development, etc) in the energy industry
• Excellent research, communication, financial modeling, analytical and valuation skills, including  experience evaluating and building NAV models
• Strong track record of academic achievement and professional advancement
• Ability to work effectively in a team environment
• Strong interest in investing
• Desire to live in Toronto and willingness to travel

Other assets:

• Comprehensive knowledge of the oil and gas sector
• Technical background (petroleum engineering or geology) with some financial experience will be considered favourably

At CPP Investment Board, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process