Our company is growing. Within the next decade, we anticipate bcIMC will manage more than $200 billion. With significant change underway - we are enhancing our investment strategies and implementing new processes and systems - you get the chance to help steer bcIMC's future.
Reporting to the Senior Portfolio Manager, the Portfolio Manager plays a critical role in evaluating and managing private debt investments and external fund commitments. The Portfolio Manager will be a key member of the Principal Credit Fund investment committee and will assist in evaluating, negotiating and managing external partnerships. The Portfolio Manager will also be responsible for identifying co-investment or direct investment opportunities.
The Principal Credit (private debt) Fund is a new strategy within bcIMC and is expected to formally launch in 2018. The Fund has a non-investment grade global mandate but will primarily invest in the US. The portfolio is expected to grow significantly over the coming years, with an increased emphasis on direct investments.
INVESTMENT ANALYSIS AND EXECUTION
Exercises sound judgment as a voting member of the Principal Credit Fund investment committee
Serves as the primary point of contact with an external partner
Identifies and evaluates co-investment or direct lending opportunities
Synthesizes findings, key analysis and supporting documents in an organized and documented manner
Writes effective screening, deal alert and investment memorandums.
Leads a deal team, supporting the diligence of commercial, financial, tax, legal and ESG aspects of prospective investments
Attracts, hires and develops talent to support the growth of the Principal Credit Fund
PORTFOLIO MONITORING AND OVERSIGHT
Monitors assigned investments identifying relevant opportunities and risks including: tracking/evaluating performance metrics, ongoing review against original investment thesis, ongoing strategic fit, significant changes impacting the company, valuation issues and industry developments
Systematically develops objective and rigorous views on the long-term health and risk of companies within the portfolio
A minimum of 7 years’ experience in private debt, investment banking, M&A, private equity, management consulting, deal/financial advisory or Rating agencies
Experience with leveraged loans, middle market debt and/or high yield bonds
A relevant undergraduate university degree and/or a Chartered Financial Analyst (CFA) designation
Strong fundamental financial analysis skillset
Ability to work and excel in a team environment
Excellent communication skills, both written and verbal
Effective decision making and negotiation skills
Ability to stay calm under pressure
Excellent attention to detail
Ability to thrive in a dynamic work environment with evolving mandates
About bcIMC - BC Investment Management Corporation
British Columbia Investment Management Corporation (bcIMC)
With a global portfolio of $135.5 billion, bcIMC is one of Canada's largest institutional investors within the capital markets. We invest on behalf of public sector clients in British Columbia, Canada. Our activities help finance the retirement benefits of more than 554,000 plan members, as well as the insurance and benefit funds that c...over over 2.3 million workers in British Columbia.
Based in Victoria, British Columbia and supported by industry-leading expertise, we offer our public sector clients responsible investment options across a range of asset classes: fixed income; mortgages; public and private equity; real estate; infrastructure; and renewable resources.
Do What You Love Here: As a resident of Victoria, BC, Canada, you will have access to Vancouver Island's arts and culture community, as well as countless outdoor amenities. Life your work-life balance.