Job Description
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 MeansFlexible 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 1A hybrid work model that truly balances work and personal lifeOpportunities for learning, training and development, and much more... Explore the BDC Way in our Culture Book This role is located in Toronto. Position OverviewInvestment Analysts join Industrial Innovation Venture Fund team as an early-career professional to operate parts of the process of evaluating potential deals and of monitoring our current portfolio. At our fund we target direct equity investment in technology startups that disrupt the status quo in industries such manufacturing, agriculture and extractive technologies. As an analyst your will support our team in evaluating technologies and leading-edge innovation that holds the promise to reshape Canadian companies into global leaders.In this role, you will network, research, and perform analysis for prospective and current investments. These will cover strategic topics such as markets, industries, ecosystems, and competition, as well as operational ones, such as financials, management, and products. You are expected to leverage sharp analytic skills and be able to work alongside experts on a variety of market and industrial subjects.CHALLENGES TO BE MET Platform BuildingAssist in managing the deal pipeline and providing financial analysis for end-of-period reportsKeep market databases and deal pipeline up to dateSupport other team members as appropriate during the life cycle of an investmentEnsure that the investment research files, and other collected information, including legal documentation, are maintained in conformity with our policies and proceduresEnsure that new and existing investment files are properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecastingCollaborate with departments at BDC such as Marketing and Public Relations to produce promotional materials and press releasesLeverage research tasks to contribute to the fund’s intellectual capital, by sharing and suggesting insights that support though leadership within the fund’s scopeDeal SourcingAccompany senior colleagues at investment community or industry events, forming initial relationships in the ecosystemPerform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companiesConduct initial business plan reviews, support initial communications with entrepreneurs and referring sources, prepare initial interview guides and alignment memo with recommendations to pursue or declineDeal MakingSupport due diligence analysis on companies’ market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategiesManage operational tasks in due diligence such as booking meetings, and preparing interview guidesDetermine and validate performance metrics, feeding valuation models, forecasts and financial pro formasAnalyze technical documentation and/or work with technical consultants to evaluate technologies, products, and servicesAssist in reference calls with competitors, clients, industry experts, and prospect company’s current or past employeesConduct routine compliance policy procedures, such as KYC (Know Your Client) and AML (Anti Money Laundering) and BDC EligibilityRecord information in BDC systems and databases (i.e. Frameworks, CLICs) on an ongoing basisPortfolio Management & SupportConduct mark-to-market tasks to support the portfolio’s fair value reportingMonitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to managementParticipate occasionally in investee board meetings as an observer, keeping abreast of developments and escalating relevant information to PartnersAssist investees with introductions to potential suppliers, investors, and employeesWhat We Are Looking ForTypical Background1 to 3 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 firmOperator roles: technology startup, industry-leading corporation, industry specialistAdvisory roles: consulting, law, corporate strategy, corporate developmentBachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skillsTechnical KnowledgeGood 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 assetFair ability to use other MS-suite applications, mainly Word and PowerPointAbility to answer questions politely in the context of a presentation to executive audiencesAny technology skills with wide application, such as coding, chemistry, electronics are an assetOperational knowledge of any technical industry is an assetBilingualism in French and English is an assetBehavioral TraitsSupportive, helpful attitude – willingness to proactively identify gaps and jump-in to fill themMotivation and ability to do focused, independent work, in the context of a teamAbility to work collaboratively and build positive relationships with stakeholdersWillingness to learn and take feedback constructivelyComfort working in a fast-paced environment, where objectives must be met within tight deadlinesProudly 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.
Job Application Tips
- Tailor your resume to highlight relevant experience for this position
- Write a compelling cover letter that addresses the specific requirements
- Research the company culture and values before applying
- Prepare examples of your work that demonstrate your skills
- Follow up on your application after a reasonable time period