Role Summary:

We are presently recruiting for an Associate, Americas Structured Credit (ASC) within the Credit Investment department, to be based in Toronto. ASC invests in sub-investment grade structured credit, debt capital solutions for financial institutions, life science & IP investments, and special situations in markets across the Americas. The Associate will focus on our structured credit and financials portfolio. Typical investments include purchasing or financing whole loan portfolios, acquiring junior tranches or residuals in ABS securitizations, or providing strategic financing solutions to financial institutions in the Americas.

Reporting to a senior team member of the ASC team, you will play a key role in making and managing principal credit investments in North America, including investments in structured products and lending to financials companies. You will assist the team in evaluating investment opportunities, analyzing asset portfolios, developing sophisticated pricing and valuation models, conducting statistical research, developing investment recommendations, participating in the execution, monitoring, and management of investments.

Accountabilities & Qualifications:

• Research, analyze and evaluate investment opportunities across multiple sectors.
• Build complex dynamic financial models to analyze investment opportunities, asset portfolios and financing structures with the capability to test assumptions and sensitivities and run scenario analyses and simulations.
• Stratify and analyze large data sets to identify historical performance trends, detect correlations, identify key drivers and derive key assumptions for projection period
• Assist in preparing presentation materials and presenting investment recommendations to Investment Committees.
• Interact with external parties' key to the investment process, including management teams, loan sellers, legal counsel, auditors, banks and leverage providers, among others.
• Execute investment opportunities, including reviewing legal documentation, working with internal operations, developing transaction structures; and
• Ongoing monitoring of portfolio investments and reporting performance highlights to Strategic Credit and Investment Committees.

Qualifications:

• Minimum 2 years of relevant work experience in structured credit, either as a credit investor or at a financial services firm.
• Expertise in financial modeling and accounting of structured credit assets is a requirement, including modeling structured credit portfolios and using securitization valuation tools (e.g., Intex, DV01, Excel). Experience in financial modeling and accounting of financial corporates is a plus.
• Experience in conducting complex due diligence work under a compressed timeline, contributing to deal sourcing activities and working with external stakeholders (e.g., management, sponsors, investment banks, etc.).
• US or International market experience is an asset including understanding of market conventions/structures.
• Strong research, analytical, and problem-solving skills and ability to think creatively
• Advanced computer/technical skills - MS Excel, MS PowerPoint
• Solid verbal and written communication skills

You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment.

Inclusion & Accessibility

CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs.

Attention: Protect Yourself from Fraud

CPP Investments is committed to a secure and transparent recruitment process. We will never ask candidates for payment or financial information at any stage of hiring. All legitimate opportunities are posted on our careers page, and communications will come from our applicant tracking system, Workday.

CPP Investments may use AI tools to help screen and assess applicants by analyzing resumes and applications for relevant skills and experience. These tools support, but do not replace, human decision-making.

#LI-ONSITE