Associate, Active Equities

Make an impact at a global and dynamic investment organization When 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 environment Accelerated exposure and responsibility Diverse and inspiring colleagues and approachable leaders A hybrid-flexible work environment with an emphasis on in-person collaboration A culture rooted in principles of integrity, partnership, and high performance An organization with an important social purpose that positively impacts lives If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. Job Description We are presently recruiting for an Associate in the Active Equities department in our Hong Kong office. Reporting to the Managing Director, the Associate is responsible for conducting equity research as well as driving transaction execution and asset management for Asia investment opportunities, with a focus on Industrial sector. Position Description Analyze and communicate Investment Opportunities Compile industry, market and asset level data and financial information to support research Build dynamic financial models to analyze expected returns of investment opportunities, and test assumptions and perform sensitivity analysis Develop an in-depth understanding of sectors/companies, and identify changes in these sectors/companies that drive the value of our investments. Perform due diligence on opportunities including on company/sector financial and fundamentals, to determine investment merits and risks Outline the scope and work closely with external due diligence vendors Perform valuation analysis on companies, including DCF, precedent transactions and relative value analysis Meet with company management and intermediaries to review past performance, strategy, outlook, industry issues, and other relevant topics as required Develop forward-looking forecast led by changes in sectors/companies (such as policy changes, supply and demand changes, cost changes, etc.) and their impact on market expectations Under the supervision of a Managing Director and/or Portfolio Manager, generate investment recommendations outlining potential investment opportunities and risks Present investment recommendations to internal industry-specific thought partners and management committee both in writing and orally Monitor Public Security Investments Analyze and communicate company earnings and events that move listed share prices Monitor ongoing financial performance of portfolio assets. Update financial models and other analysis tools to help with communicating rationale behind change in investment view Performing valuation reviews for portfolio assets and develop proactive investment monitoring frameworks Build and leverage relationships with industry participants and management teams Screen and discover new investment opportunities Be a Contributing Team Player Participate in and contribute to weekly departmental meetings and investment recommendation meetings Support other members on the team, as required Collaborate with other departments to produce impactful research work Qualifications 2-5 years investment management, investment banking, or other buy-side and M&A experience focused on Asia, with direct experience working on China transactions or investments Undergraduate degree or equivalent in finance, economics or a related discipline Strong research, financial modelling, analytical and valuation skills, including sensitivity analysis Excellent verbal, reading, written and presentation skills in English. Proficiency in another languages is a plus Ability to communicate structurally and effectively in a multi-cultural and multi-disciplinary environment Strong interpersonal skills and business relationship skills Self-motivated, flexible and exemplify our Guiding Principles of Integrity, Partnership, and High Performance Flexibility, adaptability and initiative, willingness to travel at short notice Team player who enjoys working in a high-performance culture environment Professionalism and integrity Desire to learn and express opinions candidly Strong, proven demonstration of our guiding principles of integrity, partnership, and high performance. Ability to thrive in multi-cultural teams is a further positive Additional Information Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-Onsite #LI-AC1 At 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. #J-18808-Ljbffr