Associate - Equity - eFinancialCareers : Job Details

About the role

In your role as Associate - Equity you will make a meaningful and valued contribution from the outset.

This role will provide a great opportunity to to participate in all aspects of the investment process across a mix of direct investment, co-investment and fund investments and will encompass the full breadth of infrastructure and private equity activity across origination and structuring of transactions to asset management and portfolio monitoring.The successful candidate will be a part of a pool of equity Analysts, Associates and Senior Associates working across both equity teams.

The candidate will have a career path towards specialising further in either team, initially as a Senior Associate before progressing to Associate Investment Director and beyond.

What you will be doing

As a trusted part of the Private Markets you will be responsible for:

• Contributing and supporting origination activities across themes and sectors with targeted research and analysis
• Liaising with potential targets and monitoring existing investee companies and investment managers
• Supporting preparation for meetings with management teams and key stakeholders
• Investment due diligence (quantitative modelling and qualitative analysis of investment and divestment opportunities including preparation and review of due diligence, structuring and valuation and returns analysis)
• Supporting legal workstreams, including transaction documentation
• Co-ordinating external advisors including investment banks, General Partners (GPs), external counsel and other advisers
• Co-authoring of Investment Committee papers and, subsequently, contributing to presenting these materials at Investment Committee
• Collaborating with internal stakeholders including responsible investment, tax, investment legal, operational due diligence, risk and compliance

About you

We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.To be successful in the role you will have:

• Post-graduation experience with a background in or serving financial services, ideally in an investment or advisory context (investment management, investment banking, corporate finance, accounting, ratings agency, law or consulting)
• Prior exposure to infrastructure and/or private equity
• Critical thinker with strong analytical and numerical skills that can be applied to company valuation and financial analysis
• Strong cashflow modelling skills (e.g. LBO and/or DCF modelling)
• Excellent interpersonal and communication skills with the ability to develop internal and external relationships
• A strong team player contributing to a supportive and collaborative working environment
• Good work ethic and a self-starter who wants to learn and develop
• Ability to work in the UK with occasional travel to Europe, US and Australia

Why join us?

At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others.

We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team.

Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!

How we will reward you

• Great starting salary
• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
• Learning and development opportunities to develop your skills, knowledge and talent
• Employee Volunteer Day’s to support the communities where you work and live
• Cycle to Work Scheme

Our culture and values

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves.

Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:

• Integrity
• Collaboration
• Excellence

About us

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK.

We work with around 330 employers to help build a secure financial future for more than 528,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £75.5bn (at 31 March 2023). To find out more, please visit https://www.uss.co.uk

The Private Markets Group (PMG) consists of a 70+ person team that oversees c. £25 billion in assets across a fast-growing and diverse portfolio of private equity, infrastructure, private credit and property investments on behalf of the Universities Superannuation Scheme (USS).

By operating as a single team, with individual areas of specialism and expertise, PMG is able to combine its resources through a “OnePMG" approach to investing which allows us to maximise origination, due diligence, transaction execution and asset management by tailoring the right mix of skills.Capable of deploying capital across the full range of private market investing (direct, joint ventures, partnerships, co-investments and funds), and with in-house asset management and strategy teams complementing our investment function, PMG has developed a strong track record of innovation that is frequently recognised by our peers across equity, credit and property and, as one of the UK’s pre-eminent private markets’ investors, PMG often partners with many of the largest, most respected global financial institutions.PMG’s portfolio includes ownership of some of the UK’s largest and most recog