Associate Director, Fund Investments
Job Summary
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
POSITION OVERVIEW
BDC Capital
With more than $6 billion under management BDC Capital is the investment arm of BDC serving as a strategic partner to Canadas most innovative and high potential firms. BDC Capital is the largest most active technology investor in Canada. It offers a range of equity venture capital and flexible growth and transition capital solutions to help Canadian entrepreneurs scale their businesses into global champions. Further the BDC recently announced a $6 Billion Defence Platform to support small-and-medium sized enterprises in the defence sector. To find out more visit to the Director Fund Investments as Associate Director Fund Investments your primary role will be to assist with the sourcing and to assess new fund investment opportunities by evaluating fund management teams expected merits risks returns and market dynamics. This primarily includes the assessment of a variety of Canadian fund manager types ranging from seed to early growth and private equity managers across various sectors and regions as well as funds aligned with the BDCs recently announced Defence Platform. You will participate in the making of these new fund investments and the management and monitoring of a portion of the fund investment portfolio across Canada.
We are looking for an individual with experience and understanding of core principles guiding investment analysis and portfolio management in venture capital and/or private equity funds. You have excellent financial negotiation and communication skills hands-on GP relationship management experience and a real passion for business. A bachelors degree in science or engineering business or law is preferred with at least 5-7 years of experience. Fluency in both official languages (English & French) is an asset.
CHALLENGES TO BE MET
Co-manage a subset of BDCs fund of funds portfolio (primarily venture capitalpartnerships) by evaluating investment managers developing recommendations participating in negotiations on various investments and monitoring managing and leveraging relationships with fund managers
Assist with the sourcing of new fund investment opportunities and perform due diligence on new opportunities/existing investments including quality of management team expected merits and risks expected returns and market dynamics
Guide Associates and Analysts in analyzing investment opportunities and recommend investments to the BDC Capital Funds Investment Committee
Provide support and input into the making and managing offund investments across Canada.
Participate in the management and monitoring (both financial and administrative) of the investment portfolio and perform reviews of existing partnerships and underlying investments
Participate in the evaluation and management of the overall portfolio structure including the analysis and evaluation of market and portfolio trends and derive implications
Represent BDCs interests on Fund LPACs as appropriate
Cultivate relationships in the LP/GP community (i.e. business development activities)
Liaise and collaborate with the broader BDC Capital Funds team as well as with other BDC Capital internal teams including middle office and direct investing teams.
WHAT WE ARE LOOKING FOR
Bachelors degree in science engineering business economics law or any related field
MBA CFA or other financial equivalent preferred
A minimum of 5-7 years experience in an investment role with a financial institution or as an asset manager institutional investor or large corporation operating in the investment space
Experience in managing fund investment portfolios and leading due diligence of fund investments in the private equity and venture capital area
Familiarity with fund documentation and negotiation
Experience serving on a Limited Partner Advisory Committee would be considered an asset
Proudly one of Canadas Top 100 Employers and one of Canadas 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 .
While we appreciate all applications we advise that only the candidates selected to participate in the recruitment process will be contacted.
Required Experience:
Director
About Company
We are BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. We help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.