ASSOCIATE, ASSET MANAGEMENT

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 

The Asset Management team is tasked with the critical responsibility of managing select investments that have been made through the BDC Capital platform. This involves a meticulous and strategic approach to ensure that each investment achieves its maximum potential. The team employs a hands-on methodology, working closely with portfolio companies to provide guidance, support, and resources.

Associates join one of our teams as an early specialist in investment finance, to lead parts of the process of evaluating potential investments and managing BDC Capital’s portfolio.

In this role, you will be a key contributor in the management of a diverse portfolio of investments and lead one or a few simultaneous investment and exit analysis workstreams.  You will cover strategic topics such as markets, industries, ecosystems, and competition, as well as operational ones, such as financials, management, and products. You will develop an understanding of human resources and board effectiveness. You are expected to combine sharp analytic skills and business sense to leverage the input of experts on a variety of market and industrial subjects.

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
  
  

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 [email protected].

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.