Senior Associate, Credit Strategy

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world.

With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability.

The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney.

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

• Diverse and inspiring colleagues and approachable leaders
• Stimulating work in a fast-paced, intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Being motivated every day by CPP Investments’ important social purpose and unshakable principles
• A flexible / hybrid work environment combining in office collaboration and remote working
• 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 CPP Investments.

Job Description

We are recruiting for a Senior Associate to join the Credit Strategy group in the Credit Investments (CI) department in Toronto.

CI manages $65 billion of assets and is responsible for all CPP Investments’ public and private credit investments globally.

CI invests in credit and credit-like products across the entire capital structure for all sectors globally and across the rating spectrum except for local currency sovereign bonds.

CI focuses on liquid / syndicated and direct investing, both investment and sub-investment grade, corporate and consumer, in the physical and synthetic markets.

The Credit Strategy Group within CI seeks to maximize CI’s alpha generation by managing asset allocation across the department’s broad investment mandate, ensuring alignment with total fund risk and return expectations, and incorporating global credit market intelligence to inform the department’s efforts towards the ongoing efficient deployment of capital.

Role-Specific Accountabilities

• Oversee and build-out risk, relative-value, and capital portfolio management tools to ensure CI’s investment and performance objectives are monitored and met.
• Develop and maintain CI’s risk and pricing libraries for credit portfolio management, including instrument pricing, scenario analysis, cashflow analysis and stress testing.
• Further build reporting capabilities to communicate portfolio risks and performance to senior management and other stakeholders.
• Collaborate with T&D teams to enhance supporting infrastructure for credit portfolio management tools and processes.
• Apply data science techniques and tools to analyze credit data, develop predictive models, and identify opportunities for portfolio optimization and risk mitigation.
• Mentor and train junior team members on technical skills, modeling techniques, and best practices in portfolio management systems.

Qualifications

• An undergraduate degree in finance, computer science or mathematics. An advanced degree in one of these fields would be an asset.
• 5-7 years of experience in the financial services industry, preferably in an analytics, portfolio engineering or risk modelling role.
• Strong programming skills in Python, SQL, and JavaScript, with experience programming risk reporting or trading systems.
• Strong analytical and problem-solving skills, with the ability to analyze complex data sets using machine learning to identify trends and provide data visualizations.
• Strong project management skills, with the ability to manage multiple projects simultaneously and deliver high-quality results on time.
• Excellent written and verbal communication skills and an interest in working in a dynamic collaborative environment.
• Demonstrated resilience in the face of change and effective management of competing demands.
• Excellent academic performance and demonstration of high potential.
• Candidates must exemplify CPP Investment’s guiding principles of high performance, integrity, and partnership.

If you have an interest in working with talented professionals in the financial industry in an environment of integrity, partnership, and high performance then you should consider a career in Credit Investments at CPP Investments.