Principal, European Credit

Job Summary

The Principal, European Credit, is responsible for originating, underwriting, and executing structured credit investments across Europe, with accountability for deal outcomes and portfolio performance. The role combines transaction leadership and team development, while contributing to the continued growth of the platform’s structured credit franchise.

Team Description

Credit Investments currently manages over C$80 billion of assets with investments ranging from $100 million to over $1 billion. The Credit Investments team has around 150 professionals across North America, Europe, and Asia. The European Credit team invests in cross‑over and sub‑investment grade corporate and structured debt in Europe, with investments spanning the capital structure, including private credit, liquid credit, and structured credit. This role will focus primarily on the structured credit side of the team.

Accountabilities

• Lead underwriting, the internal investment committee process, execution, and monitoring of multiple simultaneous investment opportunities across the structured credit landscape; assist in deal origination and maintain accountability for deal outcomes.
• Contribute to setting the platform investment strategy and portfolio construction; organize and prioritize the deal pipeline.
• Build working relationships with colleagues and leaders across the firm, company management teams, investment partners, and third‑party advisors.
• Perform and manage detailed due‑diligence processes, including scoping and hiring third‑party advisors.
• Direct and design the development of complex financial models to assist in investment evaluation, structuring and financing.
• Lead the negotiation and execution of agreements and other transaction‑related documents.
• Develop detailed investment committee recommendations and play a major role in presenting and answering challenging technical questions.
• Oversee and manage multiple external parties—lawyers, accountants, tax and commercial advisors—and build new relationships with advisors and partners to help with deal sourcing.
• Oversee and mentor junior members of the team, troubleshoot issues and provide guidance and support; collaborate with colleagues within the wider Credit Investments division and CPP Investments as a whole.

Qualifications

• Relevant work experience in structured credit as a credit investor across multiple European markets and jurisdictions.
• Significant relationship‑management experience, including responsibility for managing relationships with portfolio companies and other external stakeholders.
• Strong research, analytical, financial modeling, valuation, problem‑solving skills and the ability to think creatively.
• Experience managing successful negotiations with multiple stakeholders and executing a wide range of agreements.
• Experience leading a small underwriting team, developing junior team members, and working toward a common goal.
• Experience in working with LLMs and their expanding role in diligence for structured credit investing.
• An advanced degree or certification (CFA) is an asset.
• Exceptional verbal and written communication skills.

Benefits and Support

You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance‑driven environment. CPP Investments provides colleagues with cutting‑edge AI tools, dedicated learning time, and practical support to help them deliver with greater impact.

Inclusion & Accessibility

CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, let us know and we will work with you to meet your needs.

Fraud Protection

CPP Investments is committed to a secure and transparent recruitment process. It will never ask candidates for payment or financial information at any stage of hiring. Legitimate opportunities are posted on the careers page, and communications come from the applicant tracking system, Workday. CPP Investments may use AI tools to help screen and assess applicants, but these tools support and do not replace human decision‑making.