Private Debt Co-op/Internship (Fall 2023) [Canada]

 

Closing date: June 1, 2023

Use your research and investment skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking two (2) Private Debt Co-ops/Interns for the Fall 2023 (September to December 2023) work term to provide support across a range of credit investment types, including senior and subordinated debt.

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $211.1 billion and is one of Canada’s largest institutional investors. We invest globally to support pension and other funds for more than 30 clients based in British Columbia. We are proud to have been chosen as one of

Canada’s Top 100 Employers

and

BC’s Top Employers

. These national and provincial competitions recognize employers who offer exceptional workplaces for their employees.

The Private Debt co-op/Intern will work within our Public Markets department. This is a great opportunity for you to learn and apply your knowledge to support the development and implementation of BCI’s Principal Credit Fund by assisting in the due diligence of new investments, ongoing monitoring of existing investments, and other ad-hoc projects.

WHO YOU WILL WORK WITH

The Private Debt Team specializes in loans to principally private companies and other specialized credit strategies. Investments primarily consist of direct senior and subordinated debt or co-investments through our partners across a variety of industries in North America and Europe.

WHAT YOU WILL BE DOING

• Working under the supervision of members of the Private Debt team to assist with various projects
• Work as an integrated part of the Private Debt team supporting the diligence of prospective investments
• Assist the Private Debt team in executing new investment opportunities (including comprehensive written reports and financial modeling)
• Monitor portfolio investments identifying relevant risks
• Ad-hoc projects and tasks as assigned by the team

REQUIRED SKILLS

• Students in an undergraduate program with a preference for those in Business (Finance or Accounting) or Economics
• Passion for investing, drive to continually learn about financial markets, and an interest in credit markets
• Ability to communicate clearly and concisely, both verbally and in writing
• Ability to meet deadlines while maintaining accuracy, excellent product quality, and attention to detail
• A high level of professionalism and interpersonal skills
• Strong research skills combined with analytical and critical thinking and problem-solving abilities
• A fundamental knowledge of finance, accounting, business, and investment-related disciplines
• Experience in developing financial models is considered an asset
• High level of proficiency with Excel, PowerPoint, Word, and Outlook; Bloomberg and S&P CapitalIQ/Market Intelligence experience is an asset

WHAT WE OFFER

• Excellent career development and training
• Work with a dynamic team in a fast-paced environment
• The development of real-world skills at one of the largest institutional investors in Canada
• Exposure to some of the most talented, approachable, and inspiring people in the industry
• The ability to opt-in for access to

  Dialogue

  , a user-friendly app that offers virtual primary care, employee and family services, and mental health supports
• Time to connect with co-op students & interns at BCI – build your network and shared learning
• 2 paid days per year for volunteering
• BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments

THE DETAILS

• Work term: Fall 2023 (September to December)
• Department: Public Markets
• Office Location: 750 Pandora Avenue, Victoria, BC
• Spend your off hours exploring beautiful Victoria and Vancouver Island
• Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location
• All co-ops/internships will need to be completed in person at our Victoria office. We are piloting a hybrid program whereby employees may work from home up to two days per week. Please note, some positions are not eligible for hybrid work

HOW TO APPLY

• Apply directly to the Private Debt Co-op/Internship (Fall 2023) posting on our careers page

  https://bci.wd10.myworkdayjobs.com/BCI_Careers

  or apply directly to your university co-op/career website
• Application deadline: June 1, 2023, at 11:59 pm PT
• Please upload a cover letter, resume, and transcripts (unofficial transcript will suffice)
• Note: The ability to legally work full-time in Canada for the duration of your work term is a condition of employment at BCI

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful.

We are performance and client focused and value integrity; if you share these values, we want to know you.

We recognize that some skills can be learned on the job and encourage all to apply.

If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at

hr@bci.ca

.

We would like to hear from you!