Senior Associate, Equities - Hardware & Semiconductors

Purpose. Performance. People.

Joining CPP Investments means joining one of the world’s most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians.  

 

With a long-term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide. 

 

For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you’ll contribute to outcomes that matter alongside team members committed to excellence and shared success. 

Role Summary:

We are recruiting for a Senior Associate to join our Securities Selection team in our Active Equities department. The successful candidate will be joining a domain team which focuses on companies within the Global Hardware and Semiconductors sector. Reporting to the Managing Director, Security Selection, the Senior Associate is responsible for conducting sector focused, deep bottom-up fundamental research primarily on investment ideas and current portfolio holdings. The position is based in Toronto.

The Active Equities (“AE”) department invests in large-cap public and pre-IPO equities in North America, Asia, Europe and LATAM. The strategy employs bottom-up and deep fundamental research insights to create a concentrated market-neutral portfolio of high conviction long and short investments. The Security Selection team has a global structure with the focus of generating differentiated long and short insights by leveraging specific domain level expertise.

Accountabilities & Qualifications:

Accountabilities:

• Work directly with investment professionals on the Global Hardware and Semiconductors domain team to evaluate potential long and short public and pre-IPO investment opportunities in the hardware and semiconductors sector

• Develop and execute investment research and make recommendations leveraging domain expertise and deep fundamental research insights within the Hardware and Semiconductors sector

• Participate in meetings with company management teams, industry experts, and attend industry and broker conferences as part of the research process, with international travel where necessary

• Develop detailed company financial models and perform valuation analysis, including DCF and comparable company analyses; apply statistical analysis to support investment decisions

• Prepare analytical investment reviews and recommendations in collaboration with the team, including industry overviews, written investment memos and due diligence reviews

• Research, analyze and monitor macro level industry trends and fundamental performance of existing portfolio holdings

• Increasingly incorporate research insights by leveraging alternative data sets

Qualifications

• A minimum of an undergraduate degree; advanced degree (Masters, MBA, etc.) or certification (CFA) an asset

• The ideal candidate will possess 5-7 years of experience working for an investment management, private equity, investment bank or management consulting firm

• Knowledge and passion for investing and the technology sector

• Strong research, analytical, financial modeling, valuation, technical and problem-solving skills; ability to think creatively

• Expertise in accounting / finance and ability exhibit knowledge through financial modeling

• Core technical skills: Excel, PowerPoint, Word, Bloomberg

• Advanced technical skills: Python, SQL, exposure to Big Data workflows and analytic tools

• Strong communication, written and verbal skills

• Highly detail-oriented with an ability to independently produce high quality work

• Ability to prioritize work and simultaneously manage multiple responsibilities

• Team-oriented and collaborative

• Keen interest in capital markets and the investment research process

• Exemplify CPP Investment’s Guiding Principles: Integrity, Partnership and High Performance

You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance-driven environment. 

We provide colleagues with cutting-edge AI tools, dedicated learning time, and practical support to help them deliver with greater impact.

 

Inclusion & Accessibility

CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs. 

 

Attention: Protect Yourself from Fraud

CPP Investments is committed to a secure and transparent recruitment process. We will never ask candidates for payment or financial information at any stage of hiring. All legitimate opportunities are posted on our careers page, and communications will come from our applicant tracking system, Workday. 

CPP Investments may use AI tools to help screen and assess applicants by analyzing resumes and applications for relevant skills and experience. These tools support, but do not replace, human decision-making.

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