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. The Role

As Analyst, Real Assets Credit, you will focus on real estate debt transactions across North America and contribute to scaling the business. You will support fundamental research, underwriting and execution of new credit opportunities, as well as the management of existing portfolio investments, gaining exposure across traditional and niche real estate asset classes and the full investment lifecycle. The Team

The Real Assets Credit group is a global credit investor across public and private markets in real estate, energy and resources, and infrastructure and renewables. With a current portfolio of C$12 billion, the team seeks opportunities to lend against high-quality real assets projects across major asset classes and global markets. Within the team, you will focus on North American real estate debt transactions and gain exposure to opportunities from early screening and thesis development through underwriting, investment committee preparation, closing, portfolio monitoring and investment exit. Accountabilities

Support the diligence and execution of new investment opportunities by evaluating property, market, sponsor, financial, legal and environmental factors Compile industry, market and property-level data and conduct financial analysis to support investment decisions Develop and maintain financial models, perform valuation and cash flow analyses,



review debt structures and underwriting parameters, and test assumptions and sensitivities Prepare and contribute to investment recommendation materials for internal investment committees, including investment thesis, key risks and mitigants, relative value, underwriting scenarios and structuring Support portfolio management for existing investments, including monitoring asset performance, liaising with borrowers and partners, reviewing servicer requests, assessing covenant compliance and updating valuations Contribute to a collaborative team culture by taking initiative, producing accurate, high-quality work, seeking feedback and continuously building investment judgement What You Bring

An undergraduate degree or college diploma in a relevant field 1–3 years of relevant experience in investment banking, real estate, credit or equity investing, or a related field Strong research, analytical, financial modelling and problem-solving skills; a technical or quantitative background is an asset but not required Advanced proficiency in Microsoft Excel and PowerPoint, with the ability to interpret findings and produce accurate, decision-oriented analysis Strong written and verbal communication skills, with the ability to distil complex information and present a clear investment view Intellectual curiosity, initiative, adaptability and attention to detail, with the ability to learn and contribute in a fast-paced, collaborative investment environment Willingness to travel and collaborate with colleagues across international offices and time zones 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. About Us

For 25 years, we’ve proudly invested the Canada Pension Plan Fund, helping to secure retirement for more than 22 million Canadians. We invest for the long term — and that includes our people. Here, you’ll work alongside high-calibre colleagues on meaningful challenges that have real-world impact. Our purpose drives us, our performance sets us apart, and our people make it possible. Our Guiding Principles

Integrity Partnership High Performance Our Impact

We invest globally across public and private markets, managing capital on behalf of millions of contributors and beneficiaries. We focus on long-term value creation and responsible investing, with offices in major financial centres around the world. What You Can Expect

Meaningful work with measurable impact Exposure to complex, global challenges Opportunities for learning and growth Competitive total rewards and advantages Comprehensive wellness programs Inclusive and respectful of diverse perspectives Stay Connected Follow us on LinkedIn Sign Up for Job Alerts Learn More About CPP Investments

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📌 Analyst, Real Estate Credit (Winnipeg)
🏢 CPP Investments
📍 Winnipeg