Analyst, External Portfolio Management, Capital Markets

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. 

The Capital Markets and Factor Investing Department (CMF) invests assets globally in public equities, fixed income securities, currencies, commodities, and derivatives, and manages the engagement of investment managers and co-investments in public market securities.  

We are recruiting two Analysts in the External Portfolio Management (EPM) group of the Capital Markets and Factor Investing department for a 12-month contract with a tentative start date of May/September

Within EPM, two teams are hiring: 

• Funds Selection Team: Allocates capital to external managers ("hedge funds") and co-investment ideas across a wide range of investment strategies, trading styles, asset classes and geographies in public markets.  
• Portfolio Construction & Risk ("PCR") Team: Focuses on portfolio construction, risk analysis, hedging, and development of quantitative tools to optimize capital deployment. 

What you will do: 

Funds Selection Team 

• Support the day-to-day monitoring and analysis of existing fund investments (including building robust and flexible tools to support this).  
• Contribute to hedge fund due diligence across quantitative and qualitative aspects to help evaluate investment processes, team capabilities, and portfolio additivity.  
• Contribute to the evaluation of co-investment opportunities in fundamental equities, credit and/or macro assets 
• Contribute to research and formulate views on hedge fund strategies and their performance in various market environments and industry trends. 
• Support regular weekly research meetings. 
• Contribute to the preparation of investment memos and recommendations.  
• Participate in EPM investment recommendation meetings and contribute to the investment decision making process. 

Portfolio Construction & Risk Team (PCR) 

• Support all investment memos, including analysis to support quarterly portfolio review process 
• Maintain the existing Python repository supporting portfolio construction processes 
• Contribute to enhanced monitoring of existing investments through position-based risk analytics 
• Support existing Tableau dashboard ecosystem to enhance monitoring across hedge fund allocations  
• Contribute to beta and FX hedging activities 
• Contribute to research projects to enhance existing portfolio construction and risk practice.  
• Support the PCR team in all internal stakeholder communications 
• Support operational, technology and data initiatives to enable scaling of CMF's investment programs 
• Special projects and other duties as assigned - must be comfortable pivoting as priorities shift in a complex and dynamic environment.  

• The ideal candidate will have graduated in April 2025 or later from an undergraduate or advanced degree program 
• Understanding of public capital markets, prior experience with alternative investment strategies would be considered an asset 
• Proficiency in MS Office applications (Word, Excel, Outlook, and PowerPoint) 
• Experience with Python, VBA, Tableau, and similar tools is an asset. 
• An interest in pursuing the CFA or CAIA designation is also an asset. You take pride in your strong interpersonal skills as well as your effective verbal and written communication skills 
• Strong qualitative and critical thinking skills 
• You excel at problem solving and enjoy using analytical skills to devise creative solutions to those problems 
• Desire to learn and express opinions 
• Team player who enjoys a high preforming culture 
• This role is ideal for those who are eager to build a career in, or making a switch to, the Investment Management industry 
• Candidates must exemplify CPP Investments' guiding principles of high performance, integrity, and partnership. 
• (PCR) Familiarity/experience with Risk and Portfolio Management Platforms would be an asset. 

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 at CPP Investments.

To apply, please include a cover letter, resume and transcripts (full unofficial version) by January 4, 2026 at 11:59pm EST.

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At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability. We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.