Intern, Infrastructure Investments (January - April 2025)

PSP Investments

2mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Legal
Banking & Finance
Montréal

Requirements

Currently enrolled in a Bachelor of Commerce, Law or in a Master’s in Business, Science, Engineering or Mathematics, with an interest in finance
High academic achievement
Experience in financial modeling/excel an asset
A team player who enjoys a high-performance culture
Strong interpersonal skills and an ability to communicate effectively (written and oral)
Positive proactive attitude with a strong desire to learn
A respect for differences of opinion and an inclusive mindset
Must return to studies after the internship or the internship must be part of your curriculum
Good communications skills in English and French (or willingness to learn) *Regular interactions in English with investment partners based outside of Quebec Example: peers, bankers, brokerage firms, etc. and PSP employees in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa..
Candidates must have the right to work in Canada* for the period specified  to be considered for this position.  No support to obtain the right to work will be provided.
*Options include Canadian citizenship, permanent residency or a valid open work permit.

Responsibilities

As an Intern, Infrastructure Investments, you’ll work closely with the team’s analysts and associates in conducting the following tasks:
Conduct preliminary analysis of investment opportunities and assess investment thesis including key merits and risks
Assess target companies’ historical and projected financial information, strategic positioning and value proposition, industry dynamics, regulatory environment and other pertinent factors
Prepare, support and recommend equity valuation for target companies:
Build detailed financial models for DCF valuation, determine and substantiate key valuation assumptions, conduct sensitivity analyses on main value drivers
Form a view on an appropriate expected return, commensurate with the level of risk embedded in the underwritten business plan (use CAPM, precedent transactions, etc.)
Research relevant public information available on listed comparable companies and precedent transactions, use key findings to compare and triangulate with DCF valuation
Participate in key due diligence activities conducted on target companies, including coordination and review of the work performed by third-party advisors (commercial, legal, accounting, tax, environmental, etc.)
Participate in the preparation of investment memorandums and presentation of recommendations to the Infrastructure Investment Committee

PSP Investments

Finance

Industry

501-1000

Employees

1999

Founded Year

Mission & Purpose

The Public Sector Pension Investment Board (PSP Investments) is one of Canada's largest pension investment managers with $230.5 billion of net assets as of March 31, 2022. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt. Established in 1999, PSP Investments manages net contributions to the pension funds 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 New York, London and Hong Kong. For more information, visit investpsp.com or follow us on Twitter and LinkedIn.