Analyst, Real Estate Valuations

  • Full-time
  • Function: Finance

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney. 

CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe.  Join our team and look forward to:

  • Diverse and inspiring colleagues and approachable leaders
  • Stimulating work in a fast-paced, intellectually challenging environment
  • Accelerated exposure and responsibility
  • Global career development opportunities
  • Being motivated every day by CPP Investments’ important social purpose and unshakable principles
  • A flexible/hybrid work environment combining in office collaboration and remote working
  • A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.

Job Description

CPP Investments has an exciting opportunity with our Real Estate Valuations Group, a team with representation in Toronto, London and Hong Kong, and responsibility for developing an independent view of fair value for the $50 billion global real estate portfolio.  The valuations of our investments are the basis for key decisions made to manage the CPP Fund, including asset allocation, risk management and financial reporting.

The Analyst, Real Estate Valuations will be responsible for:  supporting quarterly property and portfolio level valuations, reporting and analytics; building relationships and interacting with internal and external stakeholders; and, contributing to the ongoing evolution of our valuation oversight and processes. The position is based in our Toronto office and will have responsibility over a cross section of global markets and real estate sectors.

The ideal candidate has a keen interest in commercial real estate, with education and work experience providing an understanding of real estate valuations and market fundamentals.  They are proficient in data management and analysis, and are inspired by innovation, growth, and change, and thrive in a culture that embraces technology and strives to be best in class.

Role-Specific Accountabilities:

  • Own the quarterly valuations and reporting deliverables for assigned portfolio(s)
  • Identify, review, and incorporate relevant partner reporting and property information
  • Research and integrate pertinent market activity, surveys, and commentary
  • Maintain complex dynamic valuation models using Argus Enterprise
  • Review and assess external appraisals, collaborating with appraisers and internal stakeholders
  • Challenge and test assumptions at the asset and portfolio levels, identifying material valuation movements and drivers
  • Report and defend findings to Valuations Group leadership, investment teams, and internal and external auditors
  • Maintain and support the enhancement of portfolio schedules, data bases, reporting and analytics
  • Develop insightful valuation analytics, identifying performance trends and correlations including use of creative visuals
  • Establish relationships and coordinate efforts across multiple CPP Investments’ global offices, partners, and functions
  • Support initiatives to evolve global processes and reporting
  • Other duties and/or projects as required

Qualifications

Position Requirements:

  • Relevant undergraduate or advanced degree – Real Estate, Economics, Finance, Commerce
  • AACI, or equivalent international professional accreditation, awarded or actively in progress
  • Other professional designation such as a CFA, CPA an asset
  • 2+ years of commercial real estate experience in valuations, investments, or asset management
  • Familiarity with real estate valuation methodologies and practices; experience using Argus Enterprise
  • Strong financial and analytical skills
  • Advanced user of MS Office (Excel, Word, PowerPoint, Outlook), competent in maintaining and analyzing large data sets
  • Experience using business intelligence tools (i.e. Tableau, Power BI, python)

Who You Are:

  • Proactive mindset
  • Well-organized with exceptional attention to detail and accuracy
  • Work capably independently, balancing multiple workstreams in a deadline-oriented environment
  • Team player committed to group goals and initiatives
  • Solid written and verbal communication skills; able to present findings clearly and concisely
  • Adaptable to ongoing process improvements and change initiatives in a fast-paced setting
  • Exemplify CPP Investments’ Guiding Principles of integrity, partnership, and high performance

Additional Information

Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-PM1 #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.

Mandatory Vaccine Policy

All employees in the Toronto, Sydney and Hong Kong offices will be required to be vaccinated against COVID-19. Accommodations to this policy will be made for medical or other protected grounds. Please contact us to discuss any accommodation needs.

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