Equity Research Analyst, Listed Real Estate Group

Reporting to the Managing Director of Listed Real Estate the analyst is accountable for assisting the Listed Real Estate team in the evaluation and analysis of public real estate investment opportunities. 

You will be responsible for analysing the public companies financial health market position and investment potential. The role includes building and maintaining financial models evaluating financial statements conducting industry and market research undertaking detailed valuation analysis and making investment recommendations.

Team Description

Listed Real Estate which sits within the Real Asset Department manages a global investment portfolio of around $8 billion across multiple sectors and geographies. The team actively covers over 80 listed REITs or real estate companies worldwide. The primary objective of the Listed Real Estate program is to deliver alpha above its benchmark and enhance the risk-return profile of CPP Investments overall real estate portfolio.

Accountabilities:

• Company Analysis (REITs and Real Estate companies):
  • Evaluation of financial statements (income statement balance sheet cashflows)
  • Build and maintain detailed financial models
  • Forecast future earnings and profitability
  • Analyse key financial metrics including ROE margins NAV PE etc.
  • Detailed valuation analysis including DCF NAV sum of the parts comparable pricing and intrinsic value
• Industry and Market Research 
  • Monitor trends competition and regulatory developments
  • Assess macroeconomic factors affecting sectors
• Investment Recommendations:
  • Assist in the preparation and presentation of Investment Committee memoranda
  • Participate in Investment Committee discussions
  • Discuss views with team members and be willing to debate and be challenged
• Monitoring and Updates:
  • Track company performance post-investment
  • Monitor the financial and risk performance of portfolio holdings on an ongoing basis
  • Contribute to the preparation of regular presentations on portfolio performance investment strategy and investment process
• Collaboration:
  • Work closely with the Listed Real Assets Real Assets Strategy and Private Real Estate teams to ensure alignment and knowledge sharing across public and private markets
  • Engage with other departments to support One Fund initiatives where appropriate

Qualifications :

• Undergraduate degree in relevant field (e.g. business finance economics accounting real estate) or equivalent
• Strong foundation in accounting is essential candidates must demonstrate applied knowledge of accounting principles (e.g. through coursework certifications or prior experience).
• An advanced degree or certification (e.g. CFA CPA) is an asset
• Up to 3 years of relevant work experience may include public real estate asset management valuation investment banking equity research or similar;
• Proven research analytical financial modeling valuation and problem-solving skills with the ability to think critically and creatively
• Advanced computer/technical skills MS Excel MS PowerPoint Bloomberg Capital IQ and other financial data portals
• Solid verbal and written communication skills
• Exemplify CPP Investments Guiding Principles of Integrity Partnership and High Performance

Additional Information :

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At CPP Investments we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process. 

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials accessible meeting rooms etc.) please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered.  CPP Investments will not pay any referral placement or other fee for the supply of such unsolicited resumes or information.

Remote Work :

No

Employment Type :

Full-time