Senior Associate, Equities - Hardware & Semiconductors

CPP Investments | Investissements RPC•Toronto, ON

21h•Onsite

About The Position

We are recruiting for a Senior Associate to join our Securities Selection team in our Active Equities department. The successful candidate will be joining a domain team which focuses on companies within the Global Hardware and Semiconductors sector. Reporting to the Managing Director, Security Selection, the Senior 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 Toronto. The Active Equities (“AE”) department invests in large-cap public and pre-IPO equities in North America, Asia, Europe 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

A minimum of an undergraduate degree; advanced degree (Masters, MBA, etc.) or certification (CFA) an asset
The ideal candidate will possess 5-7 years of experience working for an investment management, private equity, investment bank or management consulting firm
Knowledge and passion for investing and the technology sector
Strong research, analytical, financial modeling, valuation, technical and problem-solving skills; ability to think creatively
Expertise in accounting / finance and ability exhibit knowledge through financial modeling
Core technical skills: Excel, PowerPoint, Word, Bloomberg
Advanced technical skills: Python, SQL, exposure to Big Data workflows and analytic tools
Strong communication, written and verbal skills
Highly detail-oriented with an ability to independently 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
You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment.

Responsibilities

Work directly with investment professionals on the Global Hardware and Semiconductors domain team to evaluate potential long and short public and pre-IPO investment opportunities in the hardware and semiconductors sector
Develop and execute investment research and make recommendations leveraging domain expertise and deep fundamental research insights within the Hardware and Semiconductors sector
Participate in meetings with company management teams, industry experts, and attend industry and broker conferences as part of the research process, with international travel where necessary
Develop detailed company financial models and perform valuation analysis, including DCF and comparable company analyses; apply statistical analysis to support investment decisions
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