Analyst, External Funds Operations (12-month contract)
Canada Pension Plan Investment Board
Apply to this jobPurpose. 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.
The Role
As an Analyst, External Funds Operations (12-month contract with benefits), you will support the External Portfolio Management (EPM) investment teams by providing operational expertise across transaction management, asset servicing, investment accounting, valuation, and reporting. You will play a key role in supporting hedge funds, co-investments, and managed accounts by ensuring investment activity is accurately processed, monitored, and reported while contributing to operational excellence and continuous improvement.
The Team
The Investment Operations team supports the investment lifecycle by delivering accurate, timely, and efficient operational services across CPP Investments' global investment portfolios. The team partners closely with investment professionals and corporate functions to ensure investment activity is executed, monitored, and reported with a strong focus on operational excellence, controls, and continuous improvement.
The External Funds Operations team supports External Portfolio Management (EPM) investment strategies across hedge funds, co-investments, and managed account platforms. The team manages transaction processing, asset servicing, investment accounting, valuations, and reporting while partnering with stakeholders across Investment Departments, Finance, Legal, and Risk to support the successful execution and ongoing management of investments.
Accountabilities
Support investment closings by reviewing documentation, completing system setups, processing transaction entries, and coordinating settlements.
Manage the lifecycle of investment transactions by monitoring deal pipelines, processing asset servicing activities, reconciling records, and ensuring investments are accurately reflected.
Prepare and review management and incentive fee accruals, capital calls, redemptions, and invoice payments.
Prepare or review monthly NAV calculations for external pooled funds and analyse estimate-to-final valuation differences, market value movements, and profit and loss changes.
Contribute to financial statements, note disclosures, management reporting, and portfolio analysis by providing accurate data and meaningful insights.
Support the processing of complex investments while understanding impacts on trading, portfolio construction, reporting, and performance.
Contribute to operational excellence by maintaining policies and procedures, identifying process improvements, and leveraging AI-enabled tools to enhance efficiency, controls, and data integrity.
What You Bring
Undergraduate degree or college diploma in Finance, Business, Economics, Accounting, or a related field.
1–3 years of relevant experience in investment operations, accounting, finance, or a related discipline.
Strong analytical, organizational, and communication skills with exceptional attention to detail.
Ability to manage competing priorities and deliver high-quality work in a fast-paced, deadline-driven environment.
Collaborative mindset with the flexibility to adapt to evolving priorities in a high-performing team environment.
Demonstrated interest in automation, process optimization, continuous improvement, and AI-enabled tools, with the ability to identify practical opportunities to improve operational efficiency.
Professional designations such as CFA, CPA, or CBV are considered an asset.
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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Summary
Support external funds operations including transaction processing, asset servicing, and reporting.
Job title
Analyst, External Funds Operations
Experience level
1-3 years
Minimum experience
1+ years exp
Industry
investment management
Location requirements
On-site in Toronto, no remote work allowed
Salary
Not specified
Management role
No
Required skills
Preferred skills
Specializations
Structured locations inferred from the posting.
Toronto, ON, Canada