Director, Valuation
Job Summary
ABOUT US
Were one of Canadas largest pension investors with CAD$299.7 billion of net assets as of March 31 2025.
We invest funds for thepension plans of thefederalpublicservice the Canadian Forces theRoyal Canadian Mounted Police andthe ReserveForce. 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 worlds top companies. At PSP Investments youll join a team of motivated and engaged professionals dedicated to propelling our organization further than ever before.
ABOUT THE TEAM
Were seeking a Director Valuation to partner with key stakeholders and peers to support and engage with our powerful networks of people opportunities and investments. At PSP we embrace people that are eager to learn ideate and innovate: people who strive for excellence challenge the status quo and seek alternative perspectives.
The Valuation teams mandate is to hold organizational accountability over the private investments valuation process playing a key role in final value recommendations. More specifically the team reviews the valuations of all private asset classes (private equity infrastructure real estate natural resources and credit investments). The team is also responsible for maintaining best practices and good governance in private asset valuations.
ABOUT YOUR ROLE
As a Director Valuation youll:
- Lead valuation governance processes for real estate managed out of our Montreal office
- Oversee and drive internal and external investment valuation processes in accordance with PSP Valuation Procedure
- Act as the primary point of accountability for the coordination of valuation activities with external valuators
- Lead engagement and coordination with investment teams investment finance asset managers and external appraisers to support periodic valuation updates
- Be accountable for the oversight and review of fair values for private investments under your review
- Leverage advanced analytics and AI-enabled approaches to strengthen valuation review procedures (e.g. anomaly detection trend/outlier analysis scenario and sensitivity analytics) while maintaining transparency and auditability
- Monitor market events and analyze the impact that these events may have on private investment valuations
- Own the delivery and quality of key reporting activities and drive the execution on relevant quarterly valuation reporting under your responsibility
- Promote an innovative mindset identifying opportunities to automate and evolve valuation governance processes and reporting through data and technology
- Partner with other internal stakeholders to improve data quality lineage and control frameworks supporting valuation governance deliverables
- Liaise with the external auditors and play a key role in responding to questions or information requests from external auditors for review under your responsibility
- Build and maintain strong relationships with key stakeholders across the organization
- Contribute to the continued enhancement of private valuation procedures processes and methodologies
WHAT YOULL NEED
- Ability to navigate a fast-pace environment with a high level of autonomy
- Strong communications skills both written and spoken with the ability to present various conclusions and ideas to PSPs investment teams and the valuation committee in a persuasive manner
- Ability to work collaboratively cultivating meaningful relationships with key internal departments external peers and external advisors
- Ability to demonstrate sound business judgement
- Open-mindedness and active listening skills
- Enthusiastic self-motivated effective under pressure and willing to take personal accountability
- Ability to manage different projects at the same time meet tight deadlines and manage constantly changing priorities
- Ability to work well individually and in teams share information support colleagues and encourage participation
- Strong technical and analytical capability including advanced proficiency with Excel and modern data visualization / BI tools
- Working knowledge of data querying and automation tools (e.g. SQL Python) and comfort engaging with technical partners on data requirements Experience working with Snowflake and/or Databricks to support data management reporting and analysis is advantageous
- Minimum of ten (10) to twelve (12) years of relevant experience
- Real estate appraisal as well as private debt valuation experience preferred
- Experience interacting with senior management
- University degree in Business Finance Economics Accounting or comparable
- Relevant Masters degree is an asset
- Professional designation is an asset (e.g. MBA AACI CPA CFA CBV etc.) Fluent in English (spoken and written)
- Additional languages are considered an asset
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 Investments we aim to provide a workplace 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.
Required Experience:
Director
About Company
We're the next generation of pension fund managers. Discover how we spot opportunities on the edge and act with agility to execute complex investment.