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Advisor, Canada Growth Fund Investment Management

PSP Investments20 days ago
Montreal, Quebec
Senior Level
full_time

Top Benefits

Competitive total rewards and benefits package
Investment in career development
Comprehensive group insurance plans

About the role

About Us We’re one of Canada’s largest pension investment managers, 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.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before. In Budget 2023, the Government of Canada announced that PSP Investments would act as the independent and exclusive investment manager for the Canada Growth Fund (CGF) a $15 billion investment vehicle that was established to support the growth of Canada’s clean economy. As the investment manager of CGF, PSP Investments will provide the full suite of investment management services to CGF, covering the entire investment and asset management lifecycle.

About The Team The Canada Growth Fund Investment Management (CGFIM) Team is a new team created within PSP to manage the C$15bn Canada Growth Fund. CGF’s mandate is to catalyze substantial private sector investment in Canadian low-carbon projects, technologies, businesses, and supply chains by deploying innovative funding structures that help mitigate certain risks and uncertainties inherent to investing in the low-carbon economy. CGF will be investing in Canadian projects and companies across themes such as carbon capture, hydrogen, renewable natural gas, clean technology, and critical minerals.

About Your Role The Advisor, Operations, Administration & Portfolio Management plays a pivotal role at CGFIM, working closely with all team members, including the Legal, Impact, and Investment teams, and engaging daily with the leadership team.

This position entails supporting transversal investment activities and the broader CGF/CGFIM entities, necessitating collaboration with various PSP groups to effectively fulfill the CGF mandate.

The different responsibilities of the role are:

Operations

  • Develop the operational expense budget and forecast for the Corporate Plan and operational needs
  • Lead the investment and non-investment accrual processes and conduct necessary analyses for the financial statements
  • Conduct quarterly analyses comparing budget vs actuals
  • Manage information on initial and unfunded commitments and deployments for both external and internal communications
  • Represent CGFIM in PSP data communities as needed and complete required deliverables

Administration

  • Contribute to the creation of the Quarterly Reports and other documents for the CGF Inc. Board
  • Develop and update CGFIM's policies, procedures, and controls in collaboration with CGFIM Legal Affairs, Impact and Investment teams
  • Develop and update controls in place for the CEO CFO certification and compliance with the IMA
  • Assist the Director, CGFIM with procurement and accounts payable activities and requests

Portfolio Management

  • Participate in the iLevel implementation. Subsequently, the Advisor will maintain the system, generate reports, and ensure the Investment and Impact teams have timely and accurate data for portfolio and asset management activities
  • Manage DealCloud for CGFIM and support the Investment Team
  • Conduct quarterly analyses of due diligence costs by projects and validate findings with the deal teams
  • Support the CGFIM team in developing the asset management program and address ad-hoc inquiries from the Investment team

Corporate Projects

  • Contribute to the creation of the Annual Report and Corporate Plan

Impact

  • Support and advise the CGFIM Impact team in further strengthening the process and control environment for CGFIM's non-financial key performance indicators ("impact data"), including developing and updating procedures and tools to optimize internal processes, and contributing to structuring and organizing data, avoided emissions models, and supporting documentation and evidence
  • Execute the review and validation of impact data during the annual reporting cycle, and on a rolling basis following the close of new deals
  • Support correction, adjustment and storage of data as necessary, promoting accuracy in CGFIM's non-financial internal, external and government reporting

What You’ll Need

  • Bachelor’s degree in a relevant field. Master’s degree in a relevant field, an asset
  • CPA, MBA, CFA, is an asset
  • Four (4) to seven (7) years of relevant financial analysis, accounting, internal audit, governance, or consulting
  • Interest in Impact Reporting, sustainable energy, clean tech, infrastructure and/or conventional energy sectors, considered an asset
  • Demonstrated experience liaising with government representatives, regulatory agencies, or public sector partners is an asset.
  • Excellent analytical skills, and sound critical judgement
  • Being a team player who enjoys a high-performance culture
  • Strong interpersonal skills and ability to communicate effectively
  • A respect for differences of opinion and an inclusive mindset
  • High level of proficiency with Microsoft Office Tools (more specifically Excel, Word and PowerPoint)
  • Good 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 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
  • A personalized family-building support, from pre-pregnancy to menopause, with available 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 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 on www.investpsp.com/en/

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About PSP Investments

Investment Management
1001-5000

The Public Sector Pension Investment Board (PSP Investments) is one of Canada's largest pension investors with $264.9 billion of net assets as of March 31, 2024. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt. Established in 1999, PSP Investments manages net contributions to the pension funds 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. For more information, visit investpsp.com or follow us on Twitter and LinkedIn.

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