Sr. Analyst, Private Equity & Infrastructure, Valuations (12-month Contract)

at  Healthcare of Ontario Pension Plan HOOPP

Why you’ll love working here:

• high-performance, people-focused culture
• our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
• learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
• membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
• competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team’s diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)
• optional post-retirement health and dental benefits subsidized at 50%
• yoga classes, meditation workshops, nutritional consultations, and wellness seminars
• access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees
• the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers

Job Summary:
HOOPP’s Private Investment and Infrastructure portfolios have grown to over $25 billion and includes investments throughout North America, Asia and Europe. The portfolios hold direct investments in private enterprises, as well as indirect investments through limited partnerships. The varied nature of the investment structures and geographic locations results in different reporting standards, income tax implications, and foreign exchange considerations. HOOPP will open a London office in 2024 to drive further growth in direct Private Assets in Europe.
Reporting to the Senior Director, the Senior Analyst will be an integral contributor to the valuation process for HOOPP’s private equity investments. The role is responsible for reviewing and evaluating the semi-annual and annual Private Equity valuations prepared by Investment Management and communicating any concerns to the Senior Director. In addition, the Senior Analyst will provide operational support, where needed.

What you will do:

• Assist with the Private Equity valuation review process - which includes reviewing investment valuation memorandums prepared by Investment Management, preparing independent valuation models, evaluating comparable trading multiples and market transactions and general research into industry and market conditions. Initial discussions with staff members of Investment Management to examine differences, gather additional financial information and arrive at a preliminary value recommendation to discuss with the Senior Director. Escalate issues and other matters to the Senior Director for resolution.
• Review quarterly Limited Partners (LP) reports to ensure fair values provided for Co-investments are reasonable and supportable as well as gather relevant valuation metrics to develop and populate a knowledge database as it relates to key information disclosed by the General Partners (GP) including multiples achieved on sale of investments.
• Assist the Senior Director with the onboarding of new investments into the valuation process. Ensure understanding of new deal structure, review legal documents and Investment Management investment memorandums, set up new valuation models, track investment financial metrics and financial updates, review MD&A and keep current on investments life cycle.
• Assist in external audit process. Prepare working papers and supporting documentation and respond to queries from the auditors relating to valuations.
• Respond to queries from Investment Management and provide materials and analysis as requested.
• Assist in the preparation of monthly, quarterly, and year-end reporting requirements, as needed.

What you bring:

• Undergraduate in Finance, Commerce, or related discipline
• Professional designation such as CPA and CBV (or working toward the designation)
• 4+ years’ experience business valuation, with focus on private equity
• Experience in use of Capital IQ a requirement
• Experience in Black Scholes option pricing would be an asset
• Strong research skills
• Strong financial modeling skills
• Strong analytical and problem-solving skills
• Attention to detail, accuracy, and completeness is extremely important along with the ability to handle multiple tasks efficiently
• Excellent interpersonal skills to facilitate interaction with Investment Management staff and external fund managers
• Ability to respond to queries on numerous topics effectively and promptly
• Ability to meet tight deadlines and to manage conflicting priorities
• Ability to remain agile to changes in timelines and workflow
• Proactive self-starter who is highly motivated and results-oriented
• Ability to work independently with minimal direction

• Assist with the Private Equity valuation review process - which includes reviewing investment valuation memorandums prepared by Investment Management, preparing independent valuation models, evaluating comparable trading multiples and market transactions and general research into industry and market conditions. Initial discussions with staff members of Investment Management to examine differences, gather additional financial information and arrive at a preliminary value recommendation to discuss with the Senior Director. Escalate issues and other matters to the Senior Director for resolution.
• Review quarterly Limited Partners (LP) reports to ensure fair values provided for Co-investments are reasonable and supportable as well as gather relevant valuation metrics to develop and populate a knowledge database as it relates to key information disclosed by the General Partners (GP) including multiples achieved on sale of investments.
• Assist the Senior Director with the onboarding of new investments into the valuation process. Ensure understanding of new deal structure, review legal documents and Investment Management investment memorandums, set up new valuation models, track investment financial metrics and financial updates, review MD&A and keep current on investments life cycle.
• Assist in external audit process. Prepare working papers and supporting documentation and respond to queries from the auditors relating to valuations.
• Respond to queries from Investment Management and provide materials and analysis as requested.
• Assist in the preparation of monthly, quarterly, and year-end reporting requirements, as needed