Role Summary:We are recruiting for an Associate to join the Healthcare pod within our Securities Selection team in the Active Equities department. As an Associate, you will be responsible for conducting fundamental investment research, assisting in building recommendations, implementing fundamental investments strategies, and monitoring and managing portfolio investments within the biopharma domain. You may also support the identification, scoping, and implementation of value creation opportunities by conducting research, analysis, and preparing presentations.
The Active Equities ("AE") department invests in large-cap public and pre-IPO equities in North America, Europe, Asia and LATAM. The strategy employs bottom-up and deep fundamental research insights to create a concentrated market-neutral portfolio of high conviction long and short investments. The Security Selection team has a global structure with the focus of generating differentiated long and short insights by leveraging specific domain level expertise.
Accountabilities & Qualifications:Accountabilities- Compile industry, market and asset level data and financial information to support research
- Build and leverage relationships with industry participants and management teams
- Perform fundamental research and present research ideas to broader group
- Perform due diligence on opportunities, including financial, company and sector diligence, to determine investment merits and risks
- Develop company financial models and perform valuation analyses; apply statistical analysis to support investment decisions
- Participate in evaluation, including sharing views on overall investment attractiveness based on findings from diligence work
- Prepare analytical investment reviews and recommendations in collaboration with the team, including industry overviews, written investment rationales and due diligence reviews
- Participate in presentation of investment recommendations to the Investment Committee and Board as required
- Assist in the development, implementation and monitoring of existing portfolios
- Support transition of new assets into CPPIB portfolio by identifying benchmarks, building financial models and providing rigorous project management support
Qualifications- Undergraduate degree or college diploma in relevant field
- An advanced degree or certification (CFA) is an asset
- 3-5 years of relevant work experience
- Strong research, analytical, financial modeling, valuation, problem solving skills and ability to think creatively
- Experience working in deal environments including supporting acquisitions, diligence and/or asset management activities
- 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.
We provide colleagues with cutting-edge AI tools, dedicated learning time, and practical support to help them deliver with greater impact.
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