ANALYST, SUSTAINABILITY VENTURE FUND

Posted:
11/11/2024, 4:00:00 PM

Location(s):
Calgary, Alberta, Canada ⋅ Alberta, Canada ⋅ Vancouver, British Columbia, Canada ⋅ British Columbia, Canada

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Business & Strategy ⋅ Finance & Banking

Workplace Type:
Hybrid

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 means:

  • Flexible 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 1

  • A hybrid work model that truly balances work and personal life

  • Opportunities for learning, training and development, and much more... 

POSITION OVERVIEW

The Sustainability Venture Fund is a $150 million venture capital fund investing in Canadian early stage (Seed to Series B) technology businesses that contribute to the transition to a more sustainable economy.  Broad areas of focus include water, energy, and food.  More specifically, this includes sustainable cities and communities (mobility, logistics, construction and the built environment, water use and treatment), responsible production and consumption (food waste, circular economy, recycling, sustainable materials), and clean and affordable energy (grid technologies, energy production, environmental remediation).

Investment Analysts join one of our teams as an early-career professional to operate parts of the process of evaluating potential deals and of monitoring our current portfolio.  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 Building

  • Assist in managing the deal pipeline and providing financial analysis for end-of-period reports

  • Keep market databases and deal pipeline up to date

  • Support other team members as appropriate during the life cycle of an investment

  • Ensure that the investment research files, and other collected information, including legal documentation, are maintained in conformity with our policies and procedures

  • Ensure that new and existing investment files are properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecasting

  • Collaborate with departments at BDC such as Marketing and Public Relations to produce promotional materials and press releases

  • Leverage research tasks to contribute to the fund’s intellectual capital, by sharing and suggesting insights that support though leadership within the fund’s scope

Deal Sourcing

  • Accompany senior colleagues at investment community or industry events, forming initial relationships in the ecosystem

  • Perform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companies

  • Conduct initial business plan reviews, support initial communications with entrepreneurs and referring sources, prepare initial interview guides and alignment memo with recommendations to pursue or decline

Deal Making

  • Support due diligence analysis on companies’ market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies

  • Manage operational tasks in due diligence such as booking meetings, and preparing interview guides

  • Determine and validate performance metrics, feeding valuation models, forecasts and financial pro formas

  • Analyze technical documentation and/or work with technical consultants to evaluate technologies, products, and services

  • Assist in reference calls with competitors, clients, industry experts, and prospect company’s current or past employees

  • Conduct routine compliance policy procedures, such as KYC (Know Your Client) and AML (Anti Money Laundering) and BDC Eligibility

  • Record information in BDC systems and databases (i.e. Frameworks, CLICs) on an ongoing basis

Portfolio Management & Support

  • Conduct mark-to-market tasks to support the portfolio’s fair value reporting

  • Monitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to management

  • Participate occasionally in investee board meetings as an observer, keeping abreast of developments and escalating relevant information to Partners

  • Assist investees with introductions to potential suppliers, investors, and employees

WHAT WE ARE LOOKING FOR

Typical Background

  • 1 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 firm

    • Operator roles: technology startup, industry-leading corporation, industry specialist

    • Advisory roles: consulting, law, corporate strategy, corporate development

  • Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills

Technical Knowledge

  • Good 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 asset

  • Fair ability to use other MS-suite applications, mainly Word and PowerPoint

  • Ability to answer questions politely in the context of a presentation to executive audiences

  • Any technology skills with wide application, such as coding, chemistry, electronics are an asset

  • Operational knowledge of any technical industry is an asset

  • Bilingualism in French and English is an asset

Behavioral Traits

  • Supportive, helpful attitude – willingness to proactively identify gaps and jump-in to fill them

  • Motivation and ability to do focused, independent work, in the context of a team

  • Ability to work collaboratively and build positive relationships with stakeholders

  • Willingness to learn and take feedback constructively

  • Comfort working in a fast-paced environment, where objectives must be met within tight deadlines

Proudly 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 [email protected].

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.