About Us We are one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025. We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in Recent 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 world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

About Your Role

As an Associate, Real Estate Investments, you’ll:

- Collaborate with investment managers in the analysis of potential real estate transactions across all asset classes including residential, office, retail, and industrial assets, and cross‑border transactions in various forms: direct asset transactions, corporate transactions, secondary share, private funds, etc.
- Act as a lead in the development of financial models related to real‑estate investments (debt or equity) in collaboration with analysts and senior analysts.
- Analyze cash flows and project returns.
- Analyze the impact of different assumptions on performance: revenue, operating expenses, financing, tax, fees, etc.
- Analyze investment risks.
- Analyze the asset’s operating budget and financial statements.
- Analyze the partnership structure.
- Participate in presenting investment opportunities at weekly Global Real‑Estate Committee meetings.




- Participate in the due diligence process.
- Summarize and follow up on external reports (physical, environment, financial, legal, tax, insurance and other reports).
- Participate in drafting administrative documents and business plans for the various assets, presentations to PSP Investments’ Board of Directors, etc.
- Collaborate with investment managers in active management of PSP Investments’ Real‑Estate portfolio.
- Research, synthesize and analyze the real‑estate markets by asset type and by geography for targeted market and asset classes.
- Periodically follow up on the real‑estate business plans and analyze variances from the presented budgets.
- Analyze and monitor real‑estate market values.
- Monitor real‑estate indexes.
- Some travel may be required.

Education and Experience - Bachelor’s degree in finance, economics, real‑estate, or any relevant field.

- M.Sc. in finance, MBA, CA, or CFA designation are assets.
- Three to five years of experience in analyzing and structuring complex international real‑estate transactions, including institutional assets and multi‑market portfolios.

Technical

Skills - High level of proficiency with computer tools such as MS Office (Word, Excel and PowerPoint).

- Usage of ARGUS and @risk software in a professional setting.

Behavioral





Skills - Strong writing and financial analytical skills.

- Ability to build good relationships internally and externally with different general and limited partners for transaction purposes.
- Ability to manage a number of different projects and deadlines.
- Good attention to detail and presentation of information.
- Outgoing self‑starter; high level of autonomy.
- Proactive, forward‑thinking and drive for results.
- Strong team player, organized and methodical.
- Flexibility and adaptability.
- Integrity, professionalism and strong communication skills in English and French (or willingness to learn).

Salary and Hours $57.14 to $82.42 per hour (negotiable) / 35 hours per week.

Status: permanent.

Benefits - 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.
- 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.
- Hybrid work model with a mix of in‑office and remote days. EEO & Non‑Discrimination Statement 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.

📌 Associate, Real Estate Investments (Montreal)
🏢 PSP’s Private Debt u0026 Credit Investment (PDCI) group
📍 Montreal