Analyst, Bdc Thrive Venture Fund

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

• A hybrid work model that truly balances work and personal life
• Opportunities for learning, training and development, and much more...
• 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
• 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

Position Overview

BDC recently launched its $500 million Thrive Venture Fund and Lab for Women. Building on the success of BDC Capital’s Women in Technology (WIT) Venture Fund, launched in 2017, Thrive will be the largest investment platform of its kind in the world, supporting Canadian women-led businesses for them to grow and have a lasting impact on the economy.

The Thrive platform is comprised of three distinct components, providing a comprehensive approach to addressing barriers faced by women, be it through direct early-stage investment, strategic investment in women-led and focused funds, or emerging models for providing equity investments for women-led businesses in the earliest stages of development, all while continuing to develop a more robust and sustainable ecosystem for all.

This role will be supporting the $300 million direct investment Venture fund – seeking to partner with promising women entrepreneurs building Canadian technology companies at seed and Series A/B stages. Using the same investment thesis as the WIT Venture Fund, Thrive Venture Fund will remain sector agnostic and will continue to invest in companies with strong growth and scalable market potential, that bring together the right innovation, team, and resources to transform today’s markets.

As an Analyst, you are an integral member of our investment team and involved in all aspects of the investment and portfolio management process. You will assist the team in building and managing an existing and growing portfolio of investments, work on new investments and help us build the next fund to support even more women in tech in Canada.

CHALLENGES TO BE MET

Key Responsibilities Include

• Source new investment opportunities, collaborate in the evaluation and assessment of new and follow-on investments and participate in deal execution. Represent the BDC Thrive Venture Fund and WIT team at conferences and other industry events to build a relevant network of contacts and identify new investment opportunities.
• Assist in managing the deal pipeline, quarterly/bi-annual reports, and providing financial analysis.
• Conduct initial business plan reviews, manage initial communications with entrepreneurs and referring sources, and prepare initial interview memoranda and recommendations to pursue or decline
• Tracking/reporting on metrics, monitoring investment portfolios, providing financial, forecasting and statistical analyses, and identifying potential opportunities and issues. Build competitive and market intelligence for existing investments, and provide forward-looking sectoral analysis;
• Assisting in managing the deal pipeline to ensure a high quality top of funnel;
• Assisting in due diligence and prepare internal investment documents as required;
• Support other Venture Capital team members as appropriate during the development stage of an investment
• Conduct research and analysis on markets, ecosystems, financial forecasts, management, competition, etc. This involves talking to competitors and clients, analyzing research reports, interviewing and gathering information from industry experts, working with technical consultants to evaluate technologies, building valuation models and financial pro formas.
• Managing internal reporting requirements by acting as a liaison with the back-office to perform semi-annual valuations and other requests;
• Support portfolio companies by monitoring investment portfolios, providing financial, forecasting and statistical analyses, and identifying potential opportunities and issues

What We Are Looking For

Education and relevant work experience combines the following:

• Undergraduate degree in business, engineering or computer science with a preference for MBA.
• Relevant experience within a startup or emerging technology company
• Two years+ of work experience in venture capital, private equity, investment banking, management consulting with technology companies.
• Interest in early stage technology ecosystem, startups

The ideal candidate will also possess strong networking skills and relationships in the start-up community as well as demonstrated ability in investment management and company analysis.

Skills And Knowledge

• Capability of taking initiatives and an ability to work independently, remotely and within a small team environment, rolling up their sleeves and getting the job done;
• Passionate about technology, entrepreneurship and investing and interested in bringing a can-do attitude to a growing and dynamic team
• Excellent organization skills and detailed-oriented with a self-starter mentality and strong attention to detail;
• Ability to work under pressure, manage time effectively, deal with abstract concepts and multi-task;
• Intellectual curiosity, excellent analytical and synthesis skills, ability to assess the merits of new technologies, size and adoption rates of markets, and competitive forces faced when introducing new products;
• Highly proficient in Excel and financial modelling with an ability to prepare financial forecasts and pro-forma financial statements;
• Superior skills in financial analysis, financial modeling, research and a keen ability to turn data into actionable insights;
• Data-driven and ability to evaluate and value technology-oriented, early-stage businesses and develop independent conclusions and investment theses;
• A team player with strong verbal and written skills and demonstrated ability to produce and deliver clear and concise oral, written and PowerPoint presentations;

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.