Company DescriptionMake an impact at a global and dynamic investment organizationWhen you join CPP Investments, you are joining one of the world’s most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:Stimulating work in a fast-paced and intellectually challenging environmentAccelerated exposure and responsibilityGlobal career development opportunitiesDiverse and inspiring colleagues and approachable leadersA hybrid-flexible work environment with an emphasis on in-person collaborationA culture rooted in principles of integrity, partnership, and high performanceAn organization with an important social purpose that positively impacts livesIf you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. Job DescriptionWe are seeking a highly motivated and adaptable individual to join our high performing team as an Associate in the Capital Solutions Group in the Credit Investments department in Toronto. This role will be focused on the Americas Leveraged Finance strategy which invests in corporate debt of non-investment grade sponsored and non-sponsored issuers in North and Latin America.As an Associate/Senior Associate, you will have the opportunity to work in small teams, evaluate investment opportunities, conduct due diligence, develop recommendations, prepare for investment committee meetings, participate in the negotiation and execution of investments, and monitor and manage investments.Team SummaryCredit Investments currently manages assets in excess of $50 billion; investment deal sizes range from $50M to over $1B. The Credit Investments team has over 120 investment professionals across North America, Europe and Asia.The Americas Leveraged Finance team specializes in both liquid and illiquid debt across the capital structure in the primary and secondary markets, including first lien loans, second lien loans, unitranche loans, high-yield bonds, convertible bonds, bridges, mezzanine debt, and preferred equity.Key Accountabilities:Research, analyze and evaluate credit investment opportunities across the capital structureAssist in the negotiation of key deal terms, including legal documentation, and running a full private deal processBuild financial models to assist in investment evaluation, structuring and financingPrepare and present investment recommendations to Investment CommitteesCollaborate and manage relationships with various counterparties both internally and externally (investment banks, private equity sponsors, other lenders, etc.)Develop relationships with management teams as part of monitoring portfolio companiesQualifications3 to 5 years of experience post undergraduate studies in either credit investing, private equity or financial services firm focused on leveraged finance, debt capital markets, corporate banking, or investment bankingStrong critical thinking, analytical and research skills including experience evaluating and building financial modelsSolid, demonstrated oral and written communication skillsExperience in conducting complicated due diligence work under a compressed timeline, contributing to deal sourcing activities and working with external stakeholders (e.g., management, sponsors, investment banks, etc.)Ability to provide insightful thoughts regarding relative value across the capital structure and between different creditsDesire to live in Toronto and some travellingStrong intellectual curiosity, a fast learner, and a team playerAdditional InformationVisit our LinkedIn Career Page or Follow us on LinkedIn. #LI-ASM1 #LI-OnsiteAt CPP Investments, 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. Our Commitment to Inclusion and Diversity:In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.Disclaimer:CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.
