I am in need of your thoughts and advice. A little about my background: I have been in a corporate development role in Canada for a while 8 years. While my work does entail some financial work and strategy development, am keen on expanding my skill set with a view into securing a job in the private equity field. The field is pretty competitive here in Canada and I have had mixed results looking for a job there. Unfortunately, neither the CFA nor CAIA Charter has been much help for me without the direct relevant experience. I am now in my very early 30’s and really looking for a place to grow in a very focused direction, hence my desire to avoid any misadventures.
I recently got an offer for a Private Debt Analyst position (please see some of the job duties below). The job contains some exposure into PE, Infrastructure and of course private debt. I was wondering if this is an attractive entry point into the private equity world or its purely a “back office” type of gig that would typecast me and make it even harder to transition into PE.
I will appreciate any feedback, especially from those members of the forum who reside in Canada and have had exposure to the private equity world.
- Review financial statements received from portfolio Funds and direct investments
- Verify internal valuations and prepare attribution reports.
- Minimum of 5 years relevant work experience in the accounting, investment or portfolio management industry
- Excellent financial analysis skills and knowledge of computer-based analysis and modelling
- Ability to investigate, analyze the trends and directions of companies’ financial results