Analyst, Portfolio Implementation

**Company Description** 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
- Global career development opportunities
- 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** Role Summary**

Reporting to the Portfolio Manager, the Analyst**will play a key role in the Portfolio Implementation team within the Portfolio Construction group. You will provide oversight and rebalance AE’s Hedge Overlay portfolios, our Enhanced Beta program and other P&L-generating portfolios. This role is ideal for a top performer passionate about quantitative portfolio management, alpha generation and equity markets.

**Team Summary**

Our Active Equities mandate is to deliver alpha in the global public equity markets. The department leverages CPP Investments structural competitive advantages and Active Equities sources of edge to exploit alpha opportunities through proprietary company specific fundamental research. Our fundamental insights yield a collection of high-conviction, single-company investments that are assembled into a highly concentrated long/short, market-neutral portfolio**via an optimization process that aims to remove unintended factor exposures. The result is a portfolio with maximum exposure to our proprietary research and little else.

The Portfolio Construction group systematically implements fundamental insights into an optimal portfolio, ensuring the value of AE’s fundamental research is fully harnessed. We use outputs from AE’s Security Selection group to construct, optimize and manage portfolios. Our group translates fundamental insights into alpha signals that drive position selection, sizing, risk exposures and implementation—without bias.

The Portfolio Implementation team is primarily responsible for designing and implementing quantitative hedging strategies, portfolio construction and active risk management. We oversee and rebalance AE’s Hedge Overlay portfolios, our Enhanced Beta program and other P&L-generating portfolios.

**Accountabilities**
- Perform daily portfolio management activities, including monitoring and managing the exposure and risk profile of AE portfolios
- Develop rebalancing proposals for the Portfolio Manager and Managing Director
- Submit trades for execution; partner with traders on execution strategies and transaction cost analysis
- Stay up-to-date with the equity markets and macroeconomic trends, assessing the impact to our portfolios
- Partner with AE’s Security Selection and Global Best Ideas teams to develop hedging strategies for high-conviction investments
- Assist with developing a systematic portfolio optimization process
- Contribute to portfolio construction initiatives, e.g. assess macroeconomic and other risks not captured by traditional risk models; evaluate new risk models and optimizers
- Work with AE’s Investment Engineering & Analytics team to enhance our analytical tools
- Collaborate with others across the Fund, including: Trading; Beta, Collateral & Liquidity Management (BCLM); Office of the Chief Investment Officer (OCIO); Investment Risk

**Résumé du rôle**

Relevant du gestionnaire de portefeuille, l’analyste jouera un rôle clé au sein de l’équipe **Portfolio Implementation** du groupe **Portfolio Construction**. Vous assurerez la supervision et le rééquilibrage des portefeuilles **Hedge Overlay** d’AE, du programme **Enhanced Beta** et d’autres portefeuilles générant des profits et pertes. Ce rôle convient parfaitement à une personne performante passionnée par la gestion de portefeuille quantitative, la génération d’alpha et les