Public Markets Operations Co-op/Internship (Fall 2024)

Closing date: May 30, 2024

Use your finance and operations skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking a public markets operations co-op student/intern for the Fall 2024 (September to December) work term to provide operational support across a range of Private Debt and Partnership Portfolio processes.

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at C$233 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.

WHO YOU WILL WORK WITH

The Public Markets group manages a portfolio of fixed income and equity investments representing over CAD $120 billion utilizing both passive and active management strategies. The Group invests in Canada, the U.S. and Internationally in both the Developed and Emerging Markets. Assets are managed using both internal management and external managers. In addition, the Group is a leader in Responsible Investing actively integrating ESG factors into our investment analysis and decision-making.

Public Markets Operations, a team within Public Markets, supports the implementation of Public Markets’ strategy, initiatives, and ongoing activities. The team is the key interface with internal and external business stakeholders in execution of Public Markets’ strategy. The team also provides portfolio management reporting, analytics, and investment execution support to Public Markets. In addition, the team provides centralized Portfolio Administration support to Public Markets’ Private Debt and Partnership Portfolio along with supporting execution of any private transaction in the Public Markets’ Pool.

Based in our offices in Victoria, British Columbia, and reporting to the Senior Manager, Private Debt & Partnership Operations, the co-op/intern will work to provide a wide range of portfolio administration and operational functions to support the Private Debt and Partnership Portfolio programs. The co-op/intern will learn day-to-day portfolio administration responsibilities including deal execution, reporting and portfolio management. The opportunity provides ability to work with a diverse range of investment and non-investment professionals in a well-organized and proactive environment.

WHAT YOU WILL BE DOING

• Work under the supervision of Senior Manager, Private Debt & Partnership Operations and assist with various projects

• Provide daily operational and administrative support to the Private Debt and Partnership Portfolio programs

• Ensure operational aspects of capital flows and funding activity, including subscriptions, redemptions and transfers are executed in accordance with existing procedures and contractual obligations

• Maintain the cash forecasts, ensuring timely provision of detailed and accurate cash flow requirements

• Prepare, enter, and reconcile tickets in both web based and manual ticketing applications

• Produce timely and accurate instructions for financial settlements

• Respond to requests from internal and external stakeholders

• Other responsibilities as delegated by Senior Manager, Private Debt & Partnership Operations

REQUIRED SKILLS

• A basic understanding of business and investment-related disciplines

• Excellent communication skills

• Ability to meet deadlines while maintaining accuracy, product quality, and attention to detail

• Interest in investment management

• Dedication to hard work, commitment to the highest ethical standards, and an eagerness to learn

• Strong research skills combined with analytical and problem-solving abilities

• Ability to use Excel, PowerPoint, Word and Outlook

WHAT WE OFFER

• Excellent career development and training by helping the candidate to understand the tools, data and methodologies applied by a reporting team to manage and create automated processes for Public Markets investment reporting.

• Work with a dynamic team in a fast-paced environment

• The chance to do work that will challenge and stimulate yo