Job Description

ABOUT USWe\xe2\x80\x99re one of Canada\xe2\x80\x99s largest pension investment managers, with CAD$264.9 billion of net assets as at March 31, 2024.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 Montr\xc3\xa9al and offices in New York, London and Hong Kong.Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world\xe2\x80\x99s top companies. At PSP, you\xe2\x80\x99ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.EXPERIENCE THE EDGEAt PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an where diversity is embraced.We\xe2\x80\x99re seeking an Analyst, Real Estate Investments to join our Real Estate Investments team. The hire will be involved in all aspects of the real estate investments and the asset management process.ABOUT YOUR ROLEAs an Analyst, Real Estate Investments, you\xe2\x80\x99ll:Support investment managers in the analysis of potential real estate transactions across all asset classes including residential, office, retail, and industrial assets, and transactions in various forms: direct asset transactions, corporate transactions, secondary share, private funds, etc.Develop and validate financial models related to real estate investments (debt or equity)Analyze cash flows and project returnsAnalyze the impact of different assumptions on performance: revenue, operating expenses, financing, tax, fees, etc.Analyze investment risksAnalyze the asset\xe2\x80\x99s operating budget and financial statementsAnalyze the partnership structureParticipate in presenting investment opportunities at weekly Real Estate Management Investment Committee meetingsParticipate and support investment managers in the due diligence processSummarize and follow up on external reports (physical, environment, financial, legal, tax, insurance and other reports)Participate in drafting administrative documentsBusiness plans for the various assets, presentations to PSP Investments\xe2\x80\x99 Board of Directors, etc.Participate and support investment managers in active management of PSP Investments\xe2\x80\x99 Real Estate assetsConduct research and analysis of real estate markets, segmented by asset type and geography, to identify trends and opportunities in selected markets and asset classes. Engage in regular reviews of business plans, assessing and reporting on deviations from projected budgets.Perform ongoing valuation assessments to track and interpret real estate market values, ensuring alignment with current market conditions.Develop Major Decisions Memoranda, outlining evidence-based recommendations for asset-related decisions, including financing options, hedging strategies, leasing agreements, and more.Some travel may be required.WHAT WE\xe2\x80\x99RE LOOKING FORStrong writing skillsStrong interest for the field of real estate investmentStrong financial analytical skillsAbility to build good relationships internally, as well as externallyAbility to manage a number of different projects at any given time and to manage deadlinesGood attention to detail and presentation of informationOutgoing self-starter; high level of autonomyProactivity, forward thinking and drive for resultsStrong team playerOrganized and methodicalFlexibility and adaptabilityWork ethics and professional integrityWHAT YOU\xe2\x80\x99LL NEEDBachelor\xe2\x80\x99s degree in Finance, Economics or Real Estate combined with strong analytical skillsM.Sc. in Finance, MBA, CA or CFA designation are assetsUp to two (2) years of relevant experienceExperience in analysis of real estate transactions, a definite assetHigh level of proficiency with computer tools such as MS Office (most specifically Word, Excel and PowerPoint)Knowledge of ARGUS and @risk software, an assetGood communications skills in English and French (or willingness to learn) *Regular interactions in English with investment partners based outside of Quebec Example: peers, bankers, brokerage firms, etc. and PSP employees in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa.We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:Investment in career developmentComprehensive group insurance plansCompetitive pension plansUnlimited access to virtual healthcare services and wellness programsGender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregiversVacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons offA hybrid work model with a mix of in-office and remote days*Benefits package may vary based on your employee type.At PSP, we aim to provide an inclusive workplace where we leverage diversity and where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.Visit us onFollow us on#LI-AM1

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