Closing date: October 3, 2024

Use your critical thinking skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking a Credit Risk Management Co-op Student/Intern for the Winter and/or Summer (January to May and/or August 2025) work terms to support the Investment Strategy & Risk team. If you are a highly motivated, team player who can handle multiple projects and are interested in developing your professional career and learning more about driving sustainable growth, accelerating innovation and operating on a global scale, this is the opportunity for you!

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $250.4 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 co-op will report to the Senior Analyst, Credit Risk Management and will work closely with other members of the Credit Risk team.

WHAT YOU WILL BE DOING

• Develop working knowledge of BCI’s risk rating methodologies to apply to fundamental credit risk analysis for private investments

• Perform preliminary credit analysis and recommend a credit rating; analyze financial statements, conduct peer analysis, perform industry research, and prepare supporting schedules

• Write commentary for risk rating reports

• Assist in developing and preparing credit risk dashboards and presentations

• Support credit surveillance of BCI’s private investment portfolios, including gathering and summarizing news from various sources and monitoring credit spreads

• Support process improvement initiatives

REQUIRED SKILLS

• A passion for debt capital markets and fundamental credit analysis

• Knowledge of financial statements analysis through coursework or relevant work experience

• An ability to prepare clear and concise written reports

• An ability to independently gather information and apply judgment to arrive at a conclusion

• High accuracy and attention to detail while maintaining deadlines

• Advanced Excel skills

• Familiarity with S&P Capital IQ, Bloomberg and some experience working with SQL databases will be considered an asset

WHAT WE OFFER

• Training and mentorship to develop your knowledge and professional skill sets that are required to succeed in the industry

• Be a valued part of a team and work culture that is down to earth, values your perspective and rewards transparency and accountability

• Exposure to some of the most talented, approachable, and inspiring people in the industry

• Time to connect and build your network with other interns and BCI professionals that will contribute to your professional network and future career opportunities

• Potential work term extensions and career opportunities

• The ability to opt-in for access to Dialogue, a user-friendly app that offers virtual primary care, employee and family services, and mental health supports  

• Time to connect with co-op students & interns at BCI – build your network and shared learning 

• 2 paid days per year for volunteering 

• Competitive pay: Mid / Back Office: $2,260.00 gross bi-weekly + vacation leave paid based on 6% of salary.

THE DETAILS

• Work term: Winter and/or Summer (January to May and/or August 2025)

• Department: Investment Strategy & Risk

• Office Location: 750 Pandora Avenue, Victoria, BC

• Spend your off hours exploring beautiful Victoria and Vancouver Island

• Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location

• All co-ops/internships will need to be completed in person at our Victoria office with the option to work one day per week from home. Please note, some positions are not eligible for hybrid work. 

HOW TO APPLY

• Apply directly to Credit Risk Management Co-op/Internship on our careers page https://bci.wd10.myworkdayjobs.com/BCI_Careers

• Application deadline: October 3, 2024 at 11:59pm PST

• Please include a cover letter, resume, and transcripts (unofficial transcript will suffice)

• Note: The ability to legally work full-time in Canada for the duration of your work term is a condition of employment at BCI

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful.

We are performance and client focused and value integrity; if you share these values, we want to know you. 

We recognize that some skills can be learned on the job and encourage all to apply.

If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at [email protected].

We would like to hear from you!