Job Description

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

Partners actively participate in the leadership of our funds, supporting the Managing Partner by sourcing potential deals, driving complex transactions, taking responsibility for the overall portfolio performance, and participating in the fund\xe2\x80\x99s strategy formation.

The Growth Venture Co-Investment Fund (GVCF) team operates within BDC Capital and is focused on growing and scaling the next generation of Canadian venture-backed champions. Currently investing out of the GVCF II 350M$ growth stage fund, our participations range from $5M to 25M in late stage (
$10M in revenues) venture capital-backed companies in Canada, across a broad range of technology sectors. The GVCF team currently manages 26 active late-stage companies. Total AUM is over 500M$. We expect to launch GVCF III of 350M$ in April 2024.

In this role, you will be one of the main representatives of your fund, sourcing high-quality investment opportunities through rigorous and fact-based due diligence, leading syndication as necessary and executing qualified deals that ultimately shape the future of the Canadian economy. This position requires a seasoned perspective on deal-making, and top-notch ability to build partnerships within the investment community, presenting BDC Capital as a first-class investor to companies, corporates, Limited Partners and other General Partners.

CHALLENGES TO BE MET

Deal Sourcing

Build and maintain wide and strong networks within the business and investment communities, raising the profile of the fund as a prime investor

Build and leverage connections in the investment communities in Canada and globally to drive high-quality deal flow

Attend conferences and networking activities, to source opportunities on behalf of the fund, and to act as an ambassador for the fund, BDC Capital and BDC

Promote the fund, BDC Capital and BDC by speaking at conferences, publishing thought leadership material and promoting networking opportunities

Maintain relationships and work with General Partners to identify upcoming funding rounds at attractive companies, ensuring the fund\xe2\x80\x99s presence in the deal

Deal Making

Coordinate team priorities to review, validate and execute due diligence activities

Delegate, when appropriate, or lead complex due diligence for new and/or existing investment opportunities by orchestrating analyses such as market, competition, management, sales, products, capitalization tables, and anything that is relevant to determining potential business and exit strategies

Lead the team in the production of thorough and compelling Investment Memoranda, eliciting sound rationales behind investment options and influencing the internal Investment Committee

Prepare documents and attend relevant Investment Committees\xe2\x80\x99 meetings to present investment opportunities, justify their viability, and obtain buy-in

Portfolio Management & Support

Provide hands-on, value- added support (e.g., mentoring, capital introductions) to portfolio companies to support business building while developing multiple exit options and delivering top-quartile internal rate of return over the life of the fund

Represent the interests of the fund as a board observer or director of existing portfolio companies, actively influencing and supporting the management of portfolio companies when appropriate

Lead the efficient monetization of portfolio companies rolled into the fund to maximize proceeds on exit

Platform Building

Support the Managing Partner in the team\xe2\x80\x99s general management

Contribute to identifying talent internally, hiring candidates externally, and developing high-quality team members

Foster a high performing team environment within the internal fund built on trust, collaboration, and high aspirations

Contribute to successful fund launch and maintenance by developing the fund\xe2\x80\x99s investment thesis, strategy, and tactical approach

Work collaboratively with BDC management and colleagues in other funds to share insights and information on all investment decisions

WHAT WE ARE LOOKING FOR

Typical Background

10+ 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 banking, accounting firms

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

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

Bachelor\xe2\x80\x99s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills

A post-graduate degree or equivalent certification is valuable. Typical post-graduate credentials are likely to be, but are not limited to:

Master\xe2\x80\x99s degree in business administration (MBA)

Other STEM Master\xe2\x80\x99s or PhD degree

Chartered Financial Analyst (CFA)

A successful track-record of investments in private equity, venture capital or indirect investing

Technical Knowledge

Expert understanding of the deal process, from sourcing to due diligence, to portfolio management

Ability to build a strong network in the Canadian and international investment ecosystems, sourcing deal prospects and partnership opportunities with other funds and investors

Solid understanding of financial statements and operational topics, easily translating them into insights about the business

Strong skills in Excel, particularly in building robust financial models that include sensitivity analysis and scenario modeling, as well as performing complex data analysis. Any other analytic tools and techniques are an asset

Good ability to use other MS suite applications efficiently, mainly Word and PowerPoint

Good ability to problem-solve using structured thinking and communication techniques

Ability to write and to coach a team at writing an Investment Memo that is clear, concise, and eloquent

Technology skills with wide application, such as coding, chemistry or electronics can be an asset

Operational knowledge of any technical industry is an asset

Bilingualism in French and English is required, particularly in presenting results and information to an executive-level audience

Behavioral Traits

Leadership to inspire and drive a team towards excellence and positive results

Well-intentioned and generous attitude to coach and mentor team members to progress in their personal and professional developments

Ability to work collaboratively and build positive relationships with stakeholders within and outside BDC, with a sensible approach to vertical and horizontal relationships

Interpersonal polish and strong business communication, effectively influencing executive and operational audiences

Continuous learning attitude, with maturity to give and take feedback constructively

Comfort working in a fast-paced environment, with objectives to meet within tight deadlines

Proudly one of Canada\xe2\x80\x99s Top 100 Employers and one of Canada\xe2\x80\x99s 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 .

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

Banque de d\xc3\xa9veloppement du Canada