20 Sep
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British Columbia Investment Management
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British Columbia
20 Sep
British Columbia Investment Management
British Columbia
About Us With $313.7billion of gross assets under management, as of March31, 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. Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, NewYork, London, and Mumbai. BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients' risk and return requirements. Our people shape employee-focused initiatives, creating a strong culture. To learn more about our culture and values, visit our BCI Values in Action page. Closing Date: October1,2026 Use your risk management skills in a fast‑growing company where you can have an impact.
WHAT YOU NEED TO KNOW BCI manages a globally diversified portfolio of assets valued at $313.7billion and is one of Canada’s largest institutional investors. We invest globally to support pension and other funds for more than 30 clients based in British Columbia. We are proud to have been chosen as one of Canada’s Top 100 Employers and BC’s Top Employers. These national and provincial competitions recognize employers who offer exceptional workplaces for their employees.
The Transactions & Total Portfolio Risk intern/co‑op will work within our Investment Strategy & Risk department. This is a fantastic opportunity for you to learn and assist the Transactions & Total Portfolio Risk Team in the development of the risk factor attribution for public equity portfolios, the design and production of risk dashboards (both public and private), the enhancement of risk evaluation analytics/processes, and various other ad hoc projects (e.g., what‑if analysis). The team has risk expertise from risk roles with world‑class global financial institutions.
WHO YOU WILL WORK WITH You will work with the Transactions & Total Portfolio Risk team within the Investment Strategy & Risk department. The Investment Strategy & Risk (ISR) department plays a key role in setting, implementing, executing, and monitoring the long‑term strategies of BCI’s clients. This is accomplished by working with clients, management, and asset classes to define the optimal path to achieve clients’ outcomes and enabling BCI’s investment structures and processes necessary to fulfill these outcomes. ISR consists of four branches: Strategic Asset Allocation, Total Fund Management, Investment Risk, and Growth & Investment Solutions. Strategic Asset Allocation advises clients on their investment policies needed to achieve their investment objectives within risk tolerances.
This is supported through a dedicated research function which assesses macro‑economic issues to determine opportunities and risks which influence client policy recommendations. This includes regular, proactive communication, tailored client services, and a commitment to transparency, ensuring BCI remains clients’ trusted investment manager of choice. Total Fund Management advises the CIO on portfolio efficiency and effectiveness by integrating and centralizing critical functions related to the efficient flow of capital. This is achieved through implementing a suite of total portfolio solutions, such as rebalancing, and for setting pool, asset class, and total fund measures of success, including benchmarks and performance objectives. Through investment planning activities, this branch aligns client policies with BCI’s business plans, followed by implementing client allocations among BCI’s asset classes. Investment Risk focuses on the measurement and management of the asset class, total portfolio, and client investment risks. This is achieved by advising clients on appropriate investment strategies based on their risks and tolerances for those risks, understanding exposures to investment risks across BCI’s assets so that risks are mitigated appropriately relative to expected returns, and better equipping our asset classes and our clients to identify, assess, and seize opportunities in potential investment risks. Growth & Investment Solutions is responsible for stewarding BCI’s growth ambition, with an overarching goal of delivering net perks to BCI’s existing clients. This includes efforts to support BCI’s clients in their own growth, developing new client relationships, and delivering new investment partnerships.
WHAT YOU WILL BE DOING Assist in performing industry and company research (private equity, Infrastructure, Private Credit, etc.)
Provide support in responding to requests other teams/departments in BCI
Assist with the production of risk assessments for potential new investments
Assist with what‑if analysis for new deal/product/instrument
Assist in the development/production of dashboards for asset classes and the BCI total fund
Help validate and document data procedures to ensure accuracy and consistency with projects specifications
REQUIRED SKILLS Students in graduate programs such as Risk Management, Finance, Statistics, Economics, Business etc. are preferred
B+ equivalent cumulative GPA
Familiarity with various financial instruments
Has relevant prior co‑op experience at a bank or investment firm
Demonstrates an ability to gather and process large amount of data and information and present it in a concise manner
Demonstrates an extremely strong work ethic and displays initiative to strive to deliver value above and beyond the job description
Proficiency in Python and SQL; experience with Claude Code or similar AI coding tools
Exhibit a high level of professionalism and excellent interpersonal skills
Participates in a student investment club or other investment case competitions
Have a passion for investment management, a dedication to challenging work, commitment to the highest ethical standards, and an eagerness to learn
Analytical and problem‑solving abilities
WHAT WE OFFER Excellent career development and training by helping the candidate to understand the tools, the data and the methodologies applied by financial institutions to manage their exposure to credit risk
Work with a dynamic team in a fast‑paced environment
The development of real‑world skills at one of the largest institutional investors in Canada
Exposure to some of the most talented, approachable, and inspiring people in the industry
The ability to opt‑in for access to Dialogue, a user‑friendly app that offers virtual primary care, employee and family services, and mental health supports
Time to connect with co‑op students & interns at BCI – build your network and shared learning
BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments
2 paid days per year for volunteeringCompetitive pay: $2,330.00 gross bi‑weekly + vacation leave paid based on 6% of salary
Travel: if coming to Victoria for this work term, BCI will provide a fixed‑rate travel allowance based on your location
THE DETAILS Work term: Winter2027 (January‑April)
Department: Investment Strategy & Risk
Office Location: 750 Pandora Avenue, Victoria, BC
Spend your off hours exploring beautiful Victoria and Vancouver Island
All co‑ops/internships will need to be completed in person at our Victoria office with the option to work one day per week from home. Please note, some positions are not eligible for hybrid work.
BCI offers a competitive entire rewards package, including a performance‑based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off. We pay our people competitively in the markets in which we operate and with consideration for internal equity and job structure. The base salary will consider factors such as the individual's skill set, experience, and internal equity. We aim for actual pay to be around the market median for expected performance and the upper quartile for excellent performance. Actual salaries may vary based on experience and expertise.
BCI has been recognized as one of Canada’s Top 100 Employers – for the sixth consecutive year – and has built programs and benefits to support all our employees.
There you will see how feedback from our employees was used to articulate our Employee Value Proposition (EVP), composed of three pillars: Performance with Purpose, Built on Collective Expertise, and Accelerating Innovation.
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📌 Transactions & Total Portfolio Risk Co-op/Internship (Winter 2027) (British Columbia)
🏢 British Columbia Investment Management
📍 British Columbia