Job Description

No other bank is doing what we do.

At BDC, we help Canada and its entrepreneurs create a prosperous, inclusive and green economy. Our mission is to help Canadian businesses thrive by providing financing, capital and advisory services. We\xe2\x80\x99re devoted to Canadian entrepreneurs. We\xe2\x80\x99re also dedicated to our employees. Adaptable. Inspiring. Different. There\xe2\x80\x99s a reason we like to work here, and we think you\xe2\x80\x99ll like it too. Join BDC and help make a difference!

Diversity. Equity. Inclusion. They\xe2\x80\x99re more than just words for BDC. These concepts are foundational to our success and to our ability to attract, retain, mobilize and develop the right talent, as well as to offer a healthy, professional and collaborative environment. We are committed to cultivating and preserving an environment where all employees can thrive, and, for over a decade, we have been recognized as one of Canada\'s Top 100 Employers and one of Canada\'s Best Diversity Employers. In recruiting for our team, we welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran\xe2\x80\x99s status, color, religion, disability, sexual orientation, beliefs, experiences, and 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.

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, and other VC syndicate members.

CHALLENGES TO BE MET

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

Challenge important new and follow-on investment decisions

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

Support the Managing Partner in their responsibility to position BDC as a first-class venture investor

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, cap table, and anything that is relevant to determining potential business value 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

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) / Chartered Professional Accountant (CPA) / Chartered Accountant (CA) / Chartered Business Valuator (CBV)

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 an asset, 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, where objectives must be met within tight deadlines

With us, you\'ll be able to achieve the work/life balance you\'re looking for, with competitive working conditions and above-market flexible benefits. This includes modern workspaces to work from when you are in our offices, and, for some specific positions, the ability to work remotely, on reserve, and/or within your community.

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted. If you are a candidate with a disability and need an accommodation to complete the application process, please email us at , and include your full name, the best way to reach you, and the accommodation needed to assist you with the application process.

Business Development Bank of Canada