Capital Markets & Credit Investments – Public Equities Co-op/Internship (Fall 2026 or Winter 2027)

The British Columbia Investment Management Corporation (BCI) is currently seeking Capital Markets & Credit Investments Co-op students/Interns for the Fall 2026 (September to December) and Winter 2027 (January to April) work term.

The responsibility of the Co-op student/Intern is to support the analytical efforts of investment professionals in the Capital Markets & Credit Investments department to meet our clients’ return and risk objectives. This is a great opportunity to gain a broad understanding of financial markets, company and industry drivers, portfolio management techniques, and application of finance and economics concepts in an investment management setting.

The Public Equities group manages a global equity portfolio currently comprised of nearly half of BCI’s total portfolio utilizing both index and active management strategies. The group invests in Canada, the U.S., and internationally in both the developed and emerging markets. In addition, BCI is a leader in responsible investing actively integrating environmental, social and governance factors (ESG) into our investment analysis and decision making. Successful candidates will work in one of the following two (2) teams: Active Canadian Large Cap and Global Emerging Markets.

1. Canadian Large Cap Equities – The Canadian Large Cap team focuses on the SPTSX composite. We place a high focus on quality businesses at reasonable prices relative to their growth attributes, integrating the qualitative and quantitative very closely. We look to have great conviction in our holdings, to own them for the long-term, and maintain high concentration between those names within the portfolio. As the coop, you will work closely in our four-person team, get exposure to management meetings for some of the largest companies in Canada, support equity research, conduct discounted cash-flows analysis, get exposure to portfolio construction discussions, and much more. The Team is looking for: strong passion to learn, strong attention to detail

2. Global Emerging Markets (GEM) – GEM team is the latest addition to BCI’s Active Equities. We launched BCI’s first internal active global emerging markets fund in 2022. Our objective is to capture Emerging Markets’ growth over the long term and outperform MSCI EM benchmark on a risk adjusted basis through stock, country, and sector selection. We use a repeatable, fundamental, long-term investment process combining bottom-up and top-down analyses. We seek to invest in companies with quality managements, sustainable competitive advantages and profitable growth. This Team is looking for: financial modelling skills, passion for Emerging Markets, attention to detail, an ability to write and speak Mandarin would be a plus.

DURING THE FOUR-MONTH INTERNSHIP, YOU CAN LOOK FORWARD TO:

• Training and mentorship to develop and enhance your finance and investment knowledge
• Exposure to different investment areas within Capital Markets
• Hands-on, challenging projects with the required support to help you succeed
• Time to connect and build your network with other co-ops/interns and BCI professionals

WHAT YOU WILL BE DOING

• Successful candidates can expect to work on various projects depending on their skill set and the group to which they are assigned. Examples may include:
• Working under the supervision of portfolio managers and analysts to assist with various projects
• Reading company and industry reports to build an understanding of sector/stock fundamentals
• Producing company initiations and/or credit reports as well as industry analysis (including comprehensive writeup, full financial model/valuation, buy/sell/hold recommendation, etc.)
• Presenting proprietary analysis and actionable recommendations to Investment Committees
• Documenting management meetings, providing a concise summary of the key takeaways
• Assisting the ESG Integration team with data collection, research, modeling, proxy voting, etc.
• Supporting the Partnership Portfolio team with external manager evaluation, monitoring, etc.
• Ad hoc/special projects assigned by the teams (e.g., industry, country or portfolio analysis)