27 Oct
|
British Columbia Investment Management
|
Victoria
27 Oct
British Columbia Investment Management
Victoria
About Us 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. Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, 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.Posting Close Date November 10, 2026Role Overview BCI’s Infrastructure & Renewable Resources team is looking for a Senior Principal to source, execute, and manage private infrastructure debt investments, working with deal teams in Victoria, London, and Mumbai and bringing a long-term value investing mindset. This role will be based in our office in downtown Victoria, BC.Opportunity Reporting to the Managing Director, Infrastructure & Renewable Resources, the Senior Principal plays a key role in evaluating and managing private debt investments and external fund relationships. The Senior Principal’s activities include screening, leading diligence and supporting the execution of new investments, ongoing monitoring of existing investments, participating in various group and corporate projects, and staying abreast of trends in high yield bond and syndicated loan markets.WHO YOU WILL WORK WITH On behalf of BCI's clients, the Infrastructure & Renewable Resources (I&RR) team invests globally in infrastructure assets and businesses that generate secure, long-term investment returns. BCI's I&RR portfolio holds $36.5 billion in AUM, ranking as the world's 10th largest institutional infrastructure investor. The portfolio spans a range of sectors including energy, transport, utilities, and digital infrastructure, as well as tangible assets such as timberland and agriculture. I&RR seeks meaningful investments predominantly in private companies that allow the team to pursue an active governance approach. The team invests across a range of capacities in private markets, including as sole sponsor, co-sponsor, and, very selectively, through externally managed funds. In addition, I&RR takes positions in listed infrastructure businesses as well as debt investments as a complementary strategy to its private markets activity. Since 2023,
I&RR has expanded its global footprint beyond its Victoria headquarters, establishing offices in London, U. K. and Mumbai, India to strengthen origination and asset management capabilities across international markets.WHAT YOU BRING Must have:A relevant undergraduate/graduate university degreeA minimum of 7-10 years’ experience in private debt, investment banking, M&A, private equity, management consulting, deal/financial advisory or rating agenciesExperience covering Infrastructure investmentsDecisiveness and the ability to form and defend independent credit opinionsStrong financial modeling, research and analytical skillsSound judgment and the ability to work independently and within teamsProject and people management experiencePlayed a lead role in the execution of private credit transactionsAbility to manage multiple priorities, work independently, lead projectsPreferred:Experience with leveraged loans, middle market debt and/or high yield bondsExperience or knowledge of loan closing, settlement and documentation processEagerness to coordinate with industry participants and investment partners to shape the infrastructure debt strategyMBA degree and/or CFA designation or actively working towards itProficiency with AI tools to improve research and analysis, and the ability to guide teams in their responsible useWHAT YOU WILL DO Conducts and documents fundamental and relative value research in private debt markets to generate new investment ideas and opportunitiesOriginate attractive investment opportunities by leveraging existing and new external relationshipsSynthesizes findings, key analysis and supporting documents in an organized and documented mannerLeads analysis and evaluations across the life cycle of private credit transactions and leads the formation of the Investment Committee discussion materialsWrites effective screening, deal alert and investment memorandumsSynthesizes deal team's due diligence and analysis to deliver persuasive oral and written investment recommendations and rationale to the Investment CommitteeInteracts effectively with third party advisors as well as with BCI internal groups (e.G., Legal, Tax, Risk); manages execution of transaction related structuring and legal documentationWorks as an integrated part of deal teams, supporting the diligence of commercial, financial, tax,
legal and ESG aspects of prospective investmentsManages and mentors junior level staffManages information and communication flow amongst all deal related stakeholdersPortfolio Monitoring and Oversight: Monitors 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 developmentsReviews and approves capital calls and distributions for existing and new investments; liaises with Portfolio Management team for monitoring debt investmentsSupports the development of tracking tools and processes to ensure sustained long-term portfolio returnsSystematically develops objective and rigorous views on the long-term health and risk of investments within the portfolioWHERE YOU WILL WORK This role will be based in our office in Victoria, BC.Salary Range The annualized salary range for this role will be CAD $164,000 - $190,000.BCI offers a competitive total rewards package, including a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off.performance-based incentive plancomprehensive health & dental benefitsa defined benefit pension planpaid time offWe 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.Diversity & Inclusion At BCI, we value diversity and foster an inclusive culture where all employees can thrive.We welcome all qualified candidates who are legally authorized to work in the country where this job is located.If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at Company Culture BCI has been recognized as one of Canada’s Top 100 Employers – for the sixth consecutive year – and has built programs and advantages to support all our employees.With our values as our anchor, it’s our people who create the environment we work in each day. Our people help shape employee-focused initiatives and create the environment we work in each day – which further strengthens our culture.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.#J-18808-Ljbffr
📌 Senior Principal (Infrastructure Debt) (Victoria)
🏢 British Columbia Investment Management
📍 Victoria