We are banking at another level.
Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.
Choosing BDC as your employer also means:
Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few
In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1
A hybrid work model that truly balances work and personal life
Opportunities for learning, training and development, and much more...
Explore the BDC Way in our Culture Book
As an organization that cares about the well-being of its employees, BDC is closing all of its offices between December 25th and January 1st . Please note that you may encounter delays in the processing of your application.
The Asset Management team is a dedicated team with a dual mandate: to manage select investments from across the BDC Capital platform and to advise BDC internal funds on divestiture strategies for companies in their portfolios, as required.
POSITION OVERVIEW
Principals join our funds as experienced investment professionals, supporting Partners who lead investment transactions, oversee their execution, and take responsibility for the investment’s relationship and performance.
In this role, you will develop your ability to manage portfolio companies, occasionally representing BDC on the board as a director or an observer. Under the guidance of Partners and the Managing Partner, you will help align the board and investors on a growth and eventual monetization path,
leading rigorous and fact-based due diligence, leading syndication as necessary and executing qualified financing and divestiture transactions that ultimately shape the future of Canadian economy. This position requires some experience in deal-making, and an ability to build relationships within the investment community, presenting BDC Capital as a first-class investor to companies, corporates, LPs and other GPs.
CHALLENGES TO BE MET
Platform Building
Assist in managing the transaction pipeline, quarterly/bi-annual reports, and providing financial analysis
Support other team members as appropriate in managing investments
Ensure that the investment research files, business plans and other collected information are maintained in conformity with BDC’s policies and procedures
Ensure that investment files are properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecasting
Portfolio Management, Support & Exit Planning
Stay on top of the current portfolio, identifying companies that are likely to raise funds for new and follow-on investments, and relaying information to the team.
Monitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to management.
Participate occasionally in investee board meetings as an observer, keeping abreast of developments and escalating relevant information to Partners.
Assist investees with introductions to potential suppliers, investors, and employees.
Support deal teams in developing exit plans for portfolio companies.
Deal Making
Conduct business plan reviews, support communications with entrepreneurs and investment partners, prepare interview memoranda and recommendations to pursue or decline follow on investments.
Lead a workstream of due diligence on companies’ market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies.
Determine and validate performance metrics, creating valuation models, forecasts and financial pro formas.
Draft Investment Memos, most often focusing on the Financials and Market sections.
Support Partners leading a transaction during presentations to the investment committee.
Analyze technical documentation and/or work with technical consultants to evaluate technologies, products, and services.
Conduct reference calls with competitors, clients, industry experts, and prospect company’s current or past employees.
Develop and maintain appropriate information resources and subject matter expertise in various industries, markets, and business trends.
WHAT WE ARE LOOKING FOR
Typical Background
3 to 5 years of experience in a role involving structured thinking, financial analysis, and technical expertise. These profiles are likely to come from, but are not limited to:
Finance roles: venture capital, private equity, investment bank, accounting firm
Operator roles: technology startup, industry-leading corporation, industry specialist
Advisory roles: consulting, law, corporate strategy, corporate development
Bachelor’s degree in commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills
A post-graduate degree or equivalent certification, completed or in course, is valuable. Typical postgraduate credentials are likely to be, but are not limited to:
Master’s in business administration (MBA)
Financial Masters or PhD degree
Chartered Financial Analyst (CFA)
Technical Knowledge
Good skills in Excel, particularly in building financial models that include sensitivity analysis and scenario modeling, as well as performing data analysis. Any other analytic tools and techniques are an asset
Good ability to solve problems using structured thinking and communication techniques
Good ability to use other MS-suite applications efficiently, mainly Word and PowerPoint
Ability to intervene pertinently in the context of a presentation to executive audiences
Ability to write an Investment Memo that is clear, concise, and eloquent
Any technology skills with wide applications, such as coding, chemistry, electronics are an asset
Operational knowledge of any technical industry is an asset
Bilingualism in French and English is an asset
Behavioral Traits
Supportive, helpful attitude – willingness to proactively identify gaps and jump-in to fill them
Motivation and ability to do focused, independent work, in the context of a team
Ability to work collaboratively and build positive relationships with stakeholders
Continuous learning attitude, with maturity to take feedback constructively
Openness to share knowledge and advice with less experienced colleagues
Comfort working in a fast-paced environment, where objectives must be met within tight deadlines
#INDHP
Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at accessibility@bdc.ca.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.