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Intern, Credit Investments – New York (June – August 2026)

PSP Investments | Investissements PSP
New York, NY Intern
POSTED ON 1/21/2025
AVAILABLE BEFORE 2/18/2025
About Us

We’re one of Canada’s largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024.

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, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.

Experience The Edge

At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an inclusive work environment where diversity is embraced.

About The Team 

The Credit Investments team seeks to invest in senior debt, junior debt and preferred equity to support sponsor-backed leveraged buyouts, refinancing’s and distressed / rescue financings. The team also looks to opportunistically trade positions in the secondary market. Credit Investments is a dedicated asset class within PSP that identifies opportunities and manages a portfolio of high quality, diversified investments while generating excess returns relative to our benchmark. The Credit Investments team is headquartered in New York and is supported by a global team with investment professionals across both the London and Montréal offices.

About Your Role

As an Intern, Credit Investments, you’ll:

  • Provide support to the investment teams during all phases of the credit investments process
  • Assist with investment screening (preparation and presentation), financial modelling and accounting analysis, industry and sector analysis (qualitative and quantitative), transaction due diligence
  • Be given the opportunity to participate in investment decision process, assist in drafting and / or reviewing legal documentation, preparation of investment recommendation memos and post-lending portfolio monitoring
  • Complete an end of internship project which comprises an investment recommendation that will be presented to our team’s investment committee
  • [NYC Pay Transparency Law]: The salary is $80,000 - $90,000 per year. PSP offers globally aligned compensation structures which are sensitive to local market conditions

 what You’ll Need

  • Enrolled in an Undergraduate Program
  • Experience in investment and financial statements, an asset
  • High academic achievement
  • Computer skills (Excel, Word, PowerPoint)
  • Ability to navigate a fast-paced environment with a high level of autonomy 
  • Effective communications skills in English, both written and spoken
  • Demonstrated initiative and curiosity to look beyond surface facts and conduct comprehensive, fact-based, value-added research
  • Attention to detail and rigorous approach to research, analysis and documentation 
  • Ability to work collaboratively, cultivating meaningful relationships with colleagues and clients 
  • Eagerness to learn, ideate and innovate 
  • Drive to pursue excellence and challenge the status quo to seek out alternative perspectives 
  • Open-mindedness and active listening skills 
  • A respect for differences of opinion and an inclusive mindset 

At PSP, we aim to provide an inclusive workplace where we leverage diversity and where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.

To apply, please upload your resume, cover letter and most recent unofficial transcript.

Deadline to apply:

2025-02-09

Visit us on www.investpsp.com/en/

Follow us on LinkedIn

Salary : $80,000 - $90,000

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