Manager, Valuations

As Manager, Private Credit Valuations, you will play a pivotal role in independent oversight, governance, and execution of valuations across CPP Investments’ Private Credit portfolio. You will be responsible for the day-to-day valuation processes, providing analytical insights, enhancing control frameworks, and ensuring adherence to best practices and standards. The role will require close collaboration with internal stakeholders across investment, finance, and risk functions, as well as with external valuation agents and auditors.

Team Summary

Valuations are central to CPP Investments’ decision-making process, informing key aspects of fund management such as asset allocation, performance measurement, risk management, and financial reporting. The Valuations Group oversees valuation practices across all asset classes and geographies to ensure consistency, objectivity, and robustness in how the fair value of our investments is determined.

Accountabilities:

• Lead and execute key elements of the valuation cycle for the Private Credit portfolio, ensuring high-quality, accurate, and timely valuation outcomes.
• Perform and review complex credit valuation analyses, including modeling and calibration of instruments across leveraged loans, direct lending, mezzanine, structured credit, and distressed debt.
• Develop and enhance valuation methodologies, analytics, and controls to align with evolving market standards and internal governance requirements.
• Manage the external valuation process, including coordination with third-party valuation providers and external auditors, ensuring consistency and transparency.
• Collaborate closely with global investment teams to understand deal structures, performance drivers, and market context while maintaining independent valuation judgment.
• Prepare valuation reports and insights for communication to Valuation Committees, Board Committees, senior management, and other internal stakeholders.
• Monitor global credit markets and proactively assess the valuation impact of market movements, macro events, and changing credit conditions.
• Champion process improvements by identifying automation opportunities, enhancing portfolio-level analytics, and contributing to scalable, agile valuation processes.
• Mentor and guide junior team members, fostering a culture of analytical rigor, professional development, and collaboration within the team.
• Demonstrate a curiosity and passion for emerging technologies (Gen AI) to enhance valuation processes and drive operational efficiency.