Associate, Portfolio Construction Research

Company DescriptionMake an impact at a global and dynamic investment organizationWhen you join CPP Investments, you are joining one of the world's most admired and respected institutional investors. With more than $600 billion in assets under management, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure it is financially sustainable for generations of working and retired Canadians.CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, So Paulo, and Sydney.CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:Stimulating work in a fast-paced and intellectually challenging environmentAccelerated exposure and responsibilityGlobal career development opportunitiesDiverse and inspiring colleagues and approachable leadersA hybrid-flexible work environment with an emphasis on in-person collaborationA culture rooted in principles of integrity, partnership, and high performanceAn organization with an important social purpose that positively impacts livesIf you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here. Job DescriptionAs an Associate on the Systematic Portfolio Construction team, you will be responsible for conducting investment research, assisting in building robust recommendations, and developing investment strategies. As a part of the team, you will also play an active role in supporting initiatives that deliver on the group's broader objectives.Team Description Our Active Equities mandate is to deliver alpha in the global public equity markets. The department leverages CPP Investments structural competitive advantages and Active Equities sources of edge to exploit alpha opportunities through proprietary company specific fundamental research. Our fundamental insights yield a collection of high-conviction, single-company investments that are assembled into a highly concentrated longshort, market-neutral portfoliovia an optimization process that aims to remove unintended factor exposures. The result is a portfolio with maximum exposure to our proprietary research and little else.The Portfolio Construction & Risk (PC&R) group supports the Active Equity department with portfolio analytics, construction and implementation, and risk optimization. They also research and implement systematic portfolios and manage the infrastructure, data, and tools that empower the department's investment edge.Within the PC&R group, the Systematic Portfolio Construction team is responsible for researching and designing fundamentally driven systematic portfolios, while building a platform to facilitate their implementation. As well, the team undertakes various alpha capture initiatives to enhance the performance of portfolios managed through the platform.AccountabilitiesDesign and build infrastructure related to alpha research, portfolio construction research and optimization methodsResearch alpha generation techniques for stock selection using fundamental data and theoryAnalyze global longshort portfolios using quantitative techniquesEvaluate portfolio implementation and execution strategiesConduct research on different portfolio construction and risk modeling approachesQualificationsMasters or PhD in finance, statistics, economics, engineering or other quantitative discipline2-5 years experience applying quantitative techniques in finance, with experience at an asset manager or hedge fund preferredExperience with quantitative stock selection strategies and multi-factor risk modelsStrong programming expertise in Python or similar languageExperience using SQL or other relational databasesExperience with financial datasets would be an assetDetail orientedStrong problem solving and quantitative skills with demonstrated intellectual curiositySolid verbal and written communication skillsExemplifies our Guiding Principles of Integrity, Partnership and High PerformanceAdditional InformationThe salary range for this position is USD $146,000 -$212,000US statecity legislation requires CPP investments to include a reasonable estimate of the compensation range for this role. The base salary range shown here is a reasonable expectation for the posted role and is part of a competitive total rewards package which includes comprehensive benefits, a performance-based incentive plan, a 401 (k) plan and paid time off. Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-ASM1 #LI-Onsite 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.

Created: 2025-02-07