About the Role
As an Analyst/Senior Analyst, Real Estate Investments, you will collaborate with investment managers in the analysis of potential real estate transactions across various asset classes and transaction types. You will lead the development of financial models, analyze cash flows, project returns, and assess the impact of different assumptions and risks. Your role will involve analyzing operating budgets, financial statements, and partnership structures, presenting investment opportunities, and participating in due diligence and administrative document drafting. You will also collaborate in the active management of the Real Estate portfolio by researching markets, monitoring business plans, analyzing variances, and tracking market values and indexes. Some travel may be required.
Responsibilities
- Collaborate with 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.
- Act as a lead in the development of financial models related to real estate investments (debt or equity) in collaboration with analysts and senior analysts
- Analyze cash flows and project returns
- Analyze the impact of different assumptions on performance: revenue, operating expenses, financing, tax, fees, etc.
- Analyze investment risks
- Analyze the asset’s operating budget and financial statements
- Analyze the partnership structure
- Participate in presenting investment opportunities at weekly Global Real Estate Committee meetings
- Participate to the due diligence process
- Summarize and follow up on external reports (physical, environment, financial, legal, tax, insurance and other reports)
- Participate in drafting administrative documents
- Business plans for the various assets, presentations to PSP Investments’ Board of Directors, etc.
- Collaborate with investment managers in active management of PSP Investments’ Real Estate portfolio
- Research, synthesize and analyze the real estate markets by asset type and by geography for targeted market and asset classes.
- Periodically follow up on the real estate business plans and analyze variances from the presented budgets
- Analyze and monitor real estate market values
- Monitor real estate indexes
Requirements
- Strong writing skills
- Strong interest for the field of real estate investment
- Strong financial analytical skills
- Ability to build good relationships internally, as well as externally
- Ability to manage a number of different projects at any given time and to manage deadlines
- Good attention to detail and presentation of information
- Outgoing self-starter; high level of autonomy
- Proactivity, forward thinking and drive for results
- Strong team player
- Organized and methodical
- Flexibility and adaptability
- Work ethics and professional integrity
- High level of proficiency with computer tools such as MS Office (most specifically Word, Excel and PowerPoint)
- Good communications skills in English
Skills
- Real estate investment analysis
- Financial modeling
- Cash flow analysis
- Return projection
- Risk analysis
- Operating budget analysis
- Financial statement analysis
- Partnership structure analysis
- Due diligence
- Market research
- MS Office (Word, Excel, PowerPoint)
- ARGUS
- @risk
Location
- Ottawa
- Montréal
- New York
- London
- Hong Kong
Work Type
- Hybrid
Experience Level
- One (1) to three (3) years of relevant experience
- Experience in analysis of real estate transactions, a definite asset
Education Level
- Bachelor’s degree in finance, Economics or Real Estate combined with strong analytical skills
- M.Sc. in Finance, MBA, CA or CFA designation are assets
Benefits
- Tailored employee experience
- Competitive total rewards and benefits package
- 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
- 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
- Summer Friday afternoons off
About the Company
- One of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.
- Invests 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 Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.
- Committed to fostering an environment where experiences and learning opportunities provide you with the platform to grow.
Equal Opportunity
- Aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow.
- 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.
