Job Description
Associate, Canada Growth Fund Investment Management
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Associate, Canada Growth Fund Investment Management
role at
PSP Investments | Investissements PSP
About Us
We’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. PSP is the independent and exclusive investment manager for the Canada Growth Fund (CGF), a $15 billion public investment vehicle supporting Canada’s clean economy.
About The Team
The Canada Growth Fund Investment Management (CGFIM) Team is a new team created within PSP to manage the C$15 bn Canada Growth Fund. CGF’s mandate is to catalyze substantial private sector investment in Canadian low‑carbon projects, technologies, businesses and supply chains.
About Your Role
As an Associate, CGFIM in our Montreal office, you will work with a team of highly motivated professionals who will pursue investments in large‑infrastructure projects that are critical to Canada, scaling Canadian clean‑tech champions and achieving other objectives of the Canada Growth Fund mandate. You will be involved in all aspects of the investment process including research, origination, due diligence and analysis of investment opportunities, financing and asset management.
Responsibilities
Assess investment opportunities, execute transactions and be involved in asset management.
Actively participate in the energy transition industry in Canada: develop relationships with strategics and investors, attend industry/banker meetings, build sector knowledge, and maintain ongoing market awareness.
Analyze and review key trends, conduct deep‑dive research, prepare supporting analysis and interact with industry experts.
Keep abreast of industry developments and disseminate relevant information to the team.
Participate in the investment appraisal process (build detailed operational and financial models, determine and substantiate key valuation assumptions, conduct sensitivity analyses).
Participate in or lead due diligence activities on target companies, coordinating work performed by third‑party advisors (commercial, environmental, technical, legal, financing, accounting, tax, environmental).
Form a view on an appropriate expected return, commensurate with risk.
Research public information on listed comparable companies and precedent transactions, use findings to benchmark valuation.
Assist deal teams in determining material ESG factors and calculating impact metrics, including avoided emissions and economic benefits.
Prepare investment memorandums and present recommendations to investment committees.
Actively monitor and report on the performance of portfolio investments.
Develop and cultivate industry contacts to improve access to information for the team.
What You’ll Need
Bachelor’s degree in a relevant field. Master’s degree is an asset.
CPA, MBA, CFA, CBV is an asset.
2–5 years of relevant financial analysis, accounting, modelling, valuation and/or transactional experience.
Experience in sustainable energy, clean tech, infrastructure and/or conventional energy sectors is an asset.
Solid understanding of financial statements, excellent analytical skills and sound critical judgement.
Team player who enjoys a high‑performance culture.
Strong interpersonal skills and ability to communicate effectively.
Respect for differences of opinion and an inclusive mindset.
High proficiency with Microsoft Office tools (Excel, Word, PowerPoint) and financial analytical tools and databases such as Capital IQ and Bloomberg.
Bilingualism: English and French.
Note: The position requires travel within Canada and potentially internationally.
Benefits
Investment in career development.
Comprehensive group insurance plans.
Competitive pension plans.
Unlimited access to virtual healthcare services and wellness programs.
Gender‑inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregivers.
Family‑building support, from pre‑pregnancy to menopause, available with financial assistance.
Vacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons off.
A hybrid work model with a mix of in‑office and remote days.
Benefits package may vary based on employee type.
At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. We strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require accommodation for any part of the recruitment process, please let us know.
Visit us on www.investpsp.com/en/
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