Analyst, Direct Private Equity (Victoria, BC)

The Analyst plays an integral role in evaluating direct private equity investments and select fund commitments to strategic partners. They have a key role in sub-sector investment research and investment strategy development and work within deal teams to evaluate investment opportunities and present recommendations to the investment committee. This work includes rigorous analysis, sophisticated financial modeling, and collaboration with outside professionals such as strategic partners, investment bankers, consultants, and lawyers to prepare investment committee materials, conduct due diligence and support deal execution. Following an investment, the Analyst remains involved with portfolio companies by monitoring performance and supporting management or strategic partners on value-creation initiatives, such as follow-on M&A, financings and strategic programs.

Who you will work with

BCI’s Private Equity program oversees a ~C$30 billion global portfolio, with an emphasis on direct investments.

We seek to invest ~US$100-500+ million for ~20-100% equity ownership in market-leading companies with sustainable competitive advantages and multiple value creation opportunities. BCI Private Equity invests directly and often alongside strategic partners with deep sector expertise across our targeted sectors including Business Services, Consumer, Financial Services, Healthcare, Industrials and TMT. We secure meaningful governance/board positions which underpin our active role in value creation from deal origination through exit.

What you will do

Investment Analysis and Execution

• Supports the preliminary analysis of investment opportunities, reviews public information, meets with management teams and develops valuation frameworks

• Reviews key credit terms and financial projections

• Develops investment thesis and identifies merits, risks, and mitigating factors

• Coordinates and completes most due diligence sections with guidance

• Takes a structured approach with appropriate level of analysis across various diligence workstreams

• Synthesizes findings, key analysis and supporting documents in an organized manner

• Writes effective screeners, deal alerts and investment memorandums, and assists in coordinating the internal review/approval process

• Interacts effectively with third-party advisors as well as with BCI internal groups (e.g., legal/tax/risk)

• Supports deal team with commercial, financial, tax, legal, governance, HR, and ESG diligence

Portfolio Monitoring and Oversight 

• Monitors assigned investments identifying relevant opportunities and risks including tracking / evaluating performance metrics, ongoing review against original investment thesis, strategic fit, significant changes impacting the company, valuation issues and industry developments

• Supports the development of tracking tools and processes to ensure sustained long-term returns

• Systematically develops objective and rigorous views on the long-term health and potential of companies within the portfolio

Projects/Ongoing Knowledge 

• Keeps up to date on industry and private equity trends

• Works on specific projects to enhance team capabilities

• Develops strategic relationships with co-sponsor partners, consultants/advisors, limited partners, internal resources, and other relevant stakeholders

Where you will work

Work from our downtown Victoria office. We are an in-person collaborative organization with the flexibility to work remotely 1-day a week.

Salary range

BCI offers a competitive total rewards package which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan and paid time off.

The annualized base salary range for this Victoria-based role is CAD $115,000 -$132,5000.

The base salary offered to the successful candidate will consider a wide array of factors including but not limited to the individual’s skill set, level of experience applicable to the role they are being offered and consideration to internal equity.

We pay our people competitively in the markets in which we operate and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance.

Why join BCI

With our values as our anchor, it’s our people that help shape employee-focused initiatives and who create the environment we work in each day – all of which further strengthens our culture. BCI has been recognized as one of Canada’s Top 100 Employers – for the fifth consecutive year – and has built programs and benefits to support all our employees, including;

• Extended health and dental coverage, start on your first day of work. We have you covered!

• Our telehealth provider Dialogue connects you and your family to virtual healthcare appointments

• Participation in the defined benefit BC Public Service Pension Plan providing a secure retirement income

• Time off includes: 20 days’ vacation, 6 paid sick days, 6 paid personal days, and 2 paid days for volunteering – to support physical, mental, and community health

• Annual wellness allowance to support an active lifestyle and physical well-being.

• On-going learning through our in-house mentoring program, professional dues support and online and in-house learning

• Relocation support is available if a move to one of BCI’s locations is required

• Invested in your learning: BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments