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Manager, Credit Investments

Job in Montreal, Montréal, Province de Québec, Canada
Listing for: PSP Investments
Full Time position
Listed on 2026-09-15
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Portfolio & Asset Management, Financial Analyst, Credit Analyst
Job Description & How to Apply Below
Location: Montreal

ABOUT US

We’re one of Canada’s largest pension investors, with CAD $320.6 billion of net assets as of March 31, 2026.

We invest funds for the pension plans 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.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

ABOUT THE TEAM

The Credit Investments team focuses on direct, investment grade and non-investment grade credit investment solutions across private and public markets. The global team invests across the capital structure, including revolving credit facilities, loans, bonds, preferred equity and rescue finance. The team is responsible for sourcing, evaluating, executing and monitoring investments across a diversified portfolio.

The Manager will play a key role in the growth and management of PSP’s Credit Investments portfolio, with a primary focus on North American and European infrastructure debt opportunities. Based in Montréal, the employee will be focused on infrastructure lending, project finance, asset-backed financing, portfolio construction, and long-term value preservation aligned with PSP's investment objectives.

ABOUT YOUR ROLE

As a Manager, Credit Investments
, you’ll:

Investment Origination & Opportunity Assessment

  • Work closely with the Credit Investments Senior Team to originate infrastructure debt investment opportunities with core partners

  • Lead the evaluation and screening of infrastructure debt investment opportunities across sectors including transportation, energy, renewables, digital infrastructure, utilities and social infrastructure

  • Develop investment theses and underwriting strategies aligned with PSP's long-term investment mandate, portfolio objectives and risk-return framework

  • Contribute to the development and execution of Infrastructure Debt portfolio strategies by sector, geography and financing structure

  • Assess market trends, regulatory developments and industry dynamics to identify emerging opportunities and risks affecting the infrastructure debt market

  • Investment Analysis & Transaction Execution

  • Lead complex credit underwriting and due diligence processes for project finance, corporate infrastructure debt, acquisition financing and structured lending transactions

  • Oversee financial modelling, valuation analysis, credit assessments and downside scenarios, validating key assumptions and identifying principal investment risks

  • Coordinate multidisciplinary teams across Legal, Tax, Risk Management, ESG, Finance and Operations throughout the investment execution process

  • Lead negotiations of financing terms, covenant packages, security arrangements and transaction documentation with borrowers, sponsors and lending syndicates

  • Prepare and present investment recommendations to senior leadership and Investment Committees, articulating key risks, mitigants and expected portfolio contribution

  • Portfolio Management & Value Creation

  • Lead the ongoing monitoring and asset management of infrastructure debt investments, including financial performance, covenant compliance, project milestones and refinancing activities

  • Identify potential credit deterioration risks and develop strategies to protect and enhance investment value

  • Evaluate secondary market opportunities, amendments, restructurings and follow-on investments to optimize portfolio performance

  • Maintain effective relationships with…

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