Senior Analyst

ABOUT USWe’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.We’re seeking a Senior Analyst / Associate, Real Estate Investments to join our Real Estate Investments team. The hire will be involved in all aspects of the real estate investments and the asset management process.ABOUT YOUR ROLE As a Senior Analyst / Associate, Real Estate Investments, you will: Collaborate with investment managers in the analysis of potential real estate transactions across several asset classes including residential, office, retail, and industrial assets, and transactions in various forms: direct asset transactions, private funds, etc.Act as a lead in the development and validation of financial models related to real estate investments (debt or equity)Act as a lead in preparing investment recommendations memorandums for investment approvalAnalyze cash flows and project returnsAnalyze the impact of different assumptions on performance: revenue, operating expenses, financing, tax, fees, etc.Analyze investment risksAnalyze the asset’s operating budget and financial statementsAnalyze the partnership structureParticipate in preparing and presenting investment opportunities at weekly Real Estate Management Investment Committee meetingsParticipate and support investment managers in the due diligence processSummarize and follow up on external reports (physical, environment, financial, legal, tax, insurance and other reports)Participate in drafting administrative documentsBusiness plans for the various assets, asset management presentations, partner reviews, presentations to PSP Investments’ Board of Directors, etc.Collaborate with investment managers in active asset management of PSP Investments’ Real Estate portfolioConduct research and analysis of real estate markets, segmented by asset type and geography, to identify trends and opportunities in selected markets and asset classesEngage in regular reviews of business plans, assessing and reporting on deviations from projected budgetsPerform ongoing valuation assessments to track and interpret real estate market values, ensuring alignment with current market conditionsDevelop Major Decisions Memoranda, outlining evidence-based recommendations for asset-related decisions, including financing options, hedging strategies, leasing agreements, and moreMonitor real estate indexesWHAT YOU’LL NEED Bachelor’s degree in Finance, Economics or Real Estate. M.Sc. in Finance, MBA, considered as an assetProfessional designation such as CFA or CPA are considered an assetMinimum of two (2) years of relevant experience. Experience in analysis of real estate transactions, a definite assetHigh level of proficiency with computer tools such as MS Office (most specifically Word, Excel and PowerPoint). Knowledge of ARGUS, an assetStrong interest for the field of real estate investmentStrong writing skillsStrong financial analytical skillsAbility to build good relationships internally, as well as externallyAbility to manage several different projects at any given time and to manage deadlinesGood attention to detail and presentation of informationOutgoing self-starter; high level of autonomyProactivity, forward thinking and drive for resultsStrong team playerOrganized and methodicalFlexibility and adaptabilityWork ethics and professional integrityGood communications skills in English and French (or willingness to learn) (We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:Investment in career developmentComprehensive group insurance plansCompetitive pension plansUnlimited access to virtual healthcare services and wellness programsGender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregiversA personalized family-building support, from pre-pregnancy to menopause, with available financial assistanceVacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons offA hybrid work model with a mix of in-office and remote daysFollow us on #LI-GR1