Reporting To: Managing Partner, Financial services group

Location: Toronto, ON

We are looking for:

• A versatile individual to work with our Financial services Team, with a strong interest in financial services businesses, including asset and wealth management, insurance manufacturing and distribution, non-bank lending, financial infrastructure, etc.;
• A person who likes to be challenged in a dynamic and exciting work environment;
• Someone comfortable working in a smaller team and interacting with Partners on a daily basis.

Core Accountability: 

Reporting to the Managing Partner, Financial services, the Analyst plays a key role in making and managing direct private equity investments primarily in Canada, as well as the United-States. The Analyst assists the Associates, Vice-Presidents, Principals and Partners in fundraising activities, evaluating potential investment opportunities, conducting research, developing recommendations, participating in the negotiation and execution of investments and monitoring/managing investments.

Primary Responsibilities: 

Analyze and Participate in the Execution of Investment Opportunities:
 

• Research, identify, analyze and evaluate a variety of private equity investment opportunities
• Build complex dynamic financial models to analyze investment opportunities (including testing assumptions and sensitivities)
• Help perform due diligence on opportunities including past and projected financial performance, quality of management teams, investment merits and risks, expected returns, regulatory environment, industry dynamics and other relevant factors
• Help review 3rd party due diligence reports (legal, accounting, industry strategic reviews, environmental, etc.)
• Perform valuation analysis, including DCF, precedent transactions and comparable company analysis
• Meet with company management and review past performance, strategy, outlook, regulatory and industry issues, and other relevant topics as required
• Assist Associates, Vice-Presidents, Principals and Partners in creating investment recommendations outlining potential investment opportunities
• Assist in presenting investment recommendations to Novacap Financial services’ Investment Committee
• Manage discreet aspects of the execution of private equity investments as directed

Monitor Private Equity Investments:
 

• Work with management teams on strategic business initiatives
• Coordinate with various investment and operation people at Novacap with respect to monitoring ongoing investments
• Monitor ongoing financial and operational performance of investments
• Assist in performing reviews of valuations for investments
• Act as an observer at meetings and board meetings as required
• Assist in monitoring potential exit alternatives (including public market conditions and potential strategic partners)
• Assist in building and leveraging relationships with portfolio company management teams and other stakeholders

Build the Team:
 

• Participate in and contribute to weekly departmental meetings and investment recommendation meetings
• Assist in recruiting activities including liaising with universities, networking, sourcing candidates and interviewing prospective hires, as required

Position Requirements: 
 

• 1 - 2 years of experience (excluding internship) in Investment Banking, Private Equity, Big 4 Audit/Transaction Services, Corporate M&A or other relevant fast-paced and analytically driven investment organization.
• Undergraduate degree in Finance, accounting or other related business field.  MBA, CFA and /or CA designation is considered an asset.
• Strong research, financial modeling, analytical and valuation skills is required
• Experience in conducting due diligence
• Professionalism and integrity
• Strong interpersonal skills and business relationship skills
• Ability to communicate effectively, both orally and in writing (French and English)
• Flexibility, adaptability and initiative
• Good judgment and “sense of the deal”
• Ability to meet deadlines and work well under pressure
• Team player who enjoys a high performance culture

If your profile is relevant to this role, then please send your CV to: [email protected].