British Columbia Investment Management Corporation (BCI) offers an exceptional opportunity to work at a world‐class organization while living in a west coast setting. With $313.7 billion of gross assets under management, as of March 31, 2026, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia's public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.Posting closing date: July 29, 2026A unique and impactful opportunity that ties in with BCI's recently launched (July 2) Investment Grade Private Credit Fund, the fund opens with $1.8 billion in direct co‐investment commitments and a deployment target of $13 billion over three years.THE OPPORTUNITYReporting to the Senior Managing Director, Private Debt, the Managing Director is responsible for delivering consistent long‐term value‐added by developing and deploying active investment processes and strategies in private credit asset classes.The Managing Director leads efforts in evaluating, negotiating and managing external partnerships. Further, as internal investments will constitute the majority of the fund's AUM, the ability to source, assess and execute co‐investments will be a critical function of the position.
The mandate anticipates global sourcing with most investments expected in the US and Europe.DEPARTMENT DESCRIPTIONThe Capital Markets & Credit Investments (CM&CI) department manages C$165B of capital markets and credit investments (56% of total net AUM of BCI). The department invests globally across Credit, Equities, Fixed Income, Derivatives, and Absolute Return Strategies, with investment teams located in BCI's global offices in Victoria, Vancouver, New York, and London. As a leader in responsible investing, CM&CI actively integrates ESG factors into investment analysis and decision‐making processes across all strategies.WHAT YOU BRINGMust have:20+ years experience in the investment industry, preferably with an institutional investment organizationExperience with corporate lending and/or asset‐backed investingStrong fundamental financial analysis skillsetAbility to work and excel in a team environmentAbility to mentor or supervise junior employeesAbility to hire appropriate employees to execute the programExcellent communication skills,
both written and verbalEffective decision making and negotiation skillsAbility to stay calm under pressureExcellent attention to detailAbility to thrive in a energetic work environment with evolving mandatesPRIMARY RESPONSIBILITIESExecute on the business planOversee relationship management with strategic partnersCommunicate with clients on program progressCollaborate on investment opportunities and key information within teams in Capital Markets & Credit Investments and across BCIInvestment Analysis and ExecutionDirect overall strategy for the programServes as the primary point of contact with external partnersIdentifies and evaluates co‐investment or direct lending opportunitiesSynthesizes findings, key analysis and supporting documents in an organized and documented mannerLeads a deal team, supporting the diligence of commercial, financial, tax, legal and ESG aspects of prospective investmentsAttracts, hires and develops talent to support the growth of the fundPortfolio Monitoring and OversightMonitors 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 developmentsSystematically develops objective and rigorous views on the long‐term health and risk of companies within the portfolioWHERE YOU WILL WORKThis role will be based in our office in downtown Victoria, BC.SALARY RANGEThe annualized base salary range for this Victoria‐based role is CAD $240,000 - $300,000.Our recruitment process requires that the successful candidate agrees to undergo a criminal record search, education and designation verification; to provide a declaration of no previous or current criminal status; and to comply with our corporate Code of Ethics & Professional Conduct. #J-18808-Ljbffr
📌 Managing Director, Investment Grade Private Debt (Victoria)
🏢 BCI
📍 Victoria