INVESTMENT ANALYST - FUND INVESTMENTS

Overview

POSITION OVERVIEW: Reporting to the Director, Fund Investments, the Investment Analyst will join the BDC Fund Investments team as an early-career professional and will help evaluate and invest in potential deals and assist with the monitoring of our portfolio. In this role you will research and perform analysis for prospective and current fund investments. You are expected to leverage your sharp analytic skills and be able to work alongside experts on a variety of markets and subjects.

Responsibilities

• Deal Support and Execution: Evaluate a fund investment’s merits based on trends in the fund’s target markets and verticals, performance of similar funds, and general characteristics such as average deal sizes, total fund size, portfolio companies, years in the market, management fees and amount of reinvested capital.
• Operate due diligence tasks: booking meetings, background research, and minute taking.
• Review valuation models and financial pro forma of fund performance, benchmarking various fund-specific metrics (e.g. TVPI, DPI, Fund IRR, RVPI) and portfolio-specific metrics (e.g. portfolio history, exit dates, exit rationales, value add, MOIC and IRR per company).
• Assist in reference calls with fund managers and referring sources such as industry experts and prospect fund portfolios.
• Conduct routine background checks, KYC (Know Your Client) and AML (Anti Money Laundering).
• Assist senior team members in writing investment memos and other matters as required on an ad-hoc basis.

Portfolio Management & Support

• Monitor portfolio performance, compare performance to forecasts and models, and relay potential opportunities and issues to management.
• Participate occasionally in investee fund advisory committee meetings as an observer, staying informed of developments and escalating relevant information to senior team members.
• Check and review calculations and adequacy of management fees, partner fees, and carry accrued by the investee fund.
• Conduct mark-to-market tasks to support the portfolio’s fair value reporting.

What We Are Looking For

Typical Background

• 1 to 3 years of experience in a role involving financial analysis and private investments. Roles may come from finance (venture capital, private equity, accounting), advisory (consulting, corporate development), or related fields.
• Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other profiles will be considered if the individual has strong analytical skills.
• CFA charter or progress toward it would be an asset. Previous funds investment experience as a limited partner is valuable.

Technical Knowledge

• Proficiency in Excel, including building financial models with sensitivity and scenario analysis, and data analysis. Knowledge of tools such as Bloomberg, Capital IQ is an asset.
• Strong English writing skills with ability to articulate complex logical and financial analysis into written memos.
• Fair ability to use MS Word and PowerPoint. Coding skills in Python and/or VBA are assets.

Behavioral Traits

• Supportive, helpful attitude with willingness to take on various tasks and projects.
• Ability to work collaboratively and build positive relationships with stakeholders.
• Willingness to learn and take feedback constructively.
• Comfort working in a fast-paced environment with multiple objectives and tight deadlines.
• Bilingualism in French and English is an asset and encouraged for Montreal-based positions.

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 contact View email address on ca.talent.com. While we appreciate all applications, only candidates selected to participate in the recruitment process will be contacted.

BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. The purpose is to promote the growth of the Canadian economy by focusing on the success of small and medium-sized businesses, with a human touch and a genuine presence. At BDC, we’re changing people’s and businesses’ lives for the better. That’s what makes us unique as a bank. That’s why we are banking at another level.