Associate, Equities - Global Consumer Staples

CPP Investments | Investissements RPC•New York, NY

4d•$145,000 - $212,000•Onsite

About The Position

We are recruiting for an Associate to join our Securities Selection team in our Active Equities department. The successful candidate will be joining a domain team which focuses on public companies within the Global Consumer Staples sector. Reporting to the Managing Director, Active Equities, the Associate is responsible for conducting sector focused, deep bottom-up fundamental research primarily on investment ideas and current portfolio holdings. The position is based in New York. 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.

Requirements

Undergraduate degree in relevant field or advanced degree or certification; (CFA) is an asset
2-4 years of relevant work experience in equity research or a buy-side investment role
Knowledge and interest in investing and the Consumers sector
Strong research, analytical, financial modeling, valuation, problem solving skills and ability to think creatively
Advanced computer/technical skills – MS Excel, MS PowerPoint, Bloomberg
Advanced technical skills an asset: Python, SQL, exposure to Big Data workflows and analytic tools (Spark/Databricks, etc.)
Strong written, verbal and presentation skills
Highly detail-oriented with an ability to produce high quality work
Ability to prioritize work and simultaneously manage multiple responsibilities
Team-oriented and collaborative
Keen interest in capital markets and the investment research process
Exemplify CPP Investment’s Guiding Principles: Integrity, Partnership and High Performance

Responsibilities

Work directly with investment professionals on the Global Consumer Staples domain team to evaluate potential long and short public and pre-IPO investment opportunities
With guidance, execute investment research leveraging domain expertise and deep fundamental research insights within the Global Consumer Staples sectors
Participate in meetings with the company management teams, industry experts and attend industry and broker conferences as part of the research process, with travel where necessary
Maintain company financial models and perform valuation analysis, including DCF and comparable company analyses; apply statistical analysis to support investment decisions
With guidance, prepare analytical investment reviews and recommendations in collaboration with the team, including industry overviews, written investment memos and due diligence reviews
Research, analyze and monitor macro level industry trends and fundamental performance of existing portfolio holdings
Increasingly incorporate research insights by leveraging alternative data sets