Associate, High Conviction Equities - Healthcare / Pharma
Ontario Teachers' Pension Plan
Toronto, ON
Permanent
Full-time
2 months ago
Associate, High Conviction Equities - Healthcare/PharmaThe opportunityBased in our office in Toronto, the Associate will be an integral part of the High Conviction Equities (“HCE”) team and focus on global pharmaceuticals and large-cap biotechnology public equities. The HCE healthcare team is responsible for a highly concentrated portfolio that delivers outsized idiosyncratic returns. The Associate will analyze potential investment opportunities, execute investments, and monitor healthcare companies under coverage.Who you’ll work withHCE’s team in Toronto is comprised of small teams of sector specialists covering healthcare, financials, industrials, consumer, technology and media / telecom. You will primarily work with the healthcare team as a sector specialist. Besides the team in Toronto, you will have the opportunity to work closely with a team of professionals across Ontario Teachers’ global offices.What you’ll doAnalyze and evaluate potential investment opportunities within healthcare therapeutics (including pharmaceuticals, larger biotechnology companies and adjacent opportunities)Generate practical investment insights from bottom-up research on business models, key value drivers and investment risksDevelop detailed financial models clearly identifying recommended valuation range, critical business drivers, sensitivity analysis etc.Prepare comprehensive investment memos / presentations clearly articulating industry insights, investment thesis and recommendation for the senior leadership teamActively participate in meetings with healthcare company management teams and outside expertsMonitor ongoing financial and operational performance of companies under coverageGenerate bespoke industry analysis in collaboration with the healthcare team. Monitor industry developments and disseminate relevant information to the teamPartner with the broader equities team in Toronto as well as across offices (or other departments at Ontario Teachers’) on certain transactions or initiativesSupport Ontario Teachers’ office-wide initiativesWhat you’ll needMin. 2+ years related work experience in asset management, equity research, pharma, healthcare investment banking, or similar roles at leading firmsExperience in covering pharma and biotech public equities is a strong assetAn undergraduate or graduate degree from a university with a focus on life sciences is helpfulCFA progress and / or other meaningful designations are considered a strong assetVery strong analytical and quantitative skills and proven understanding of fundamental investment analysisOutstanding attention to detail and ability to take ownership of tasksSpecial emphasis on accounting, valuation and financial modelling skillsAbility to develop a deep understanding of economic / business characteristics, conditions and trends across a range potential investmentsExcellent communications skills, both oral and writtenAbility to demonstrate skeptical critical thinking and to generate independent insights from research processWilling / able to travel internationallyA high degree of maturity and initiative, with the ability to work effectively and independentlyLI-VNWhat we’re offeringPay-for-performance environment that offers competitive salary and incentiveNumerous opportunities for professional growth and developmentComprehensive employer paid benefits coverageRetirement income through a defined benefit pension planThe opportunity to invest back into the fund through our Deferred Incentive ProgramA flexible/hybrid work environment combining in office collaboration and remote workingCompetitive time offOur Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each yearEmployee discount programs including Edvantage and PerkopolisDegreed: a digital platform that helps you quickly and easily discover, share, and track various learning resources — from courses to videos to articles and moreAt Ontario Teachers', diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check outHow to applyAre you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.Candidates must be legally entitled to work in the country where this role is located.The privacy of your personal information is important to us. Please visit our to learn how we handle your personal information.Functional Areas: InvestmentsRequisition ID: 5239
