Finance roles: venture capital, private equity, investment bank, accounting firmWe 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
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 fewIn addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1A hybrid work model that truly balances work and personal lifeOpportunities for learning, training and development, and much more...Explore the BDC Way in our Culture Book
Position Overview
BDC’s Thrive Venture Fund (TVF) is the largest of its kind globally, investing in Canada’s leading female entrepreneurs to drive transformative impact. The $300M fund was launched in the Fall of 2022 with a focused objective of investing in women-led, high growth, innovative technology companies in Canada. Our investments in female entrepreneurs are bringing game changing solutions to some of the worlds biggest challenges across industries and sectors.
We seek highly driven founders and teams who are leveraging breakthrough innovations in technology with triple bottom line vision: focusing on people, planet and profit. TVF is sector agnostic and invests in late seed to Series B companies with strong growth and highly scalable market potential, that bring together the best innovation, team, and resources to transform today’s markets.Principals join one of our funds as experienced investment professionals to aid in sourcing potential deals, oversee their execution, and take responsibility for the investment’s relationship and performance.CHALLENGES TO BE MET
Platform Building
Ensure that new and existing investment research files, business plans, and periodic performance reports provided by companies, as well as any other information collected by the investment team, are maintained in conformity with BDC’s policies and proceduresContribute to a high performing team environment within the internal fund built on trust, collaboration, and high aspirationsEnsure the progression of professionals in the deal team, balancing workload, coaching, and identifying opportunities to assign higher responsibilitiesAssist on occasion with recruiting for the team and new employees’ onboardingDeal Sourcing
Lead initial assessment of companies by coordinating initial business plan reviews, managing initial communication with entrepreneurs, and referring sources, and preparing initial interview guides and alignment memoranda with recommendations to pursue or declineBuild and maintain networks within the investment community, acting as an ambassador for the funds, BDC Capital and BDCWork with investment partners and other funds to build relationships for deal flow and syndicationKeep abreast of significant developments and activities in the entrepreneurial community and continue to raise awareness of BDC Capital through networking and related opportunitiesContribute to the sourcing and identification of high-potential venture companies for investment based on the teams’ investment parametersDeal Making
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 strategiesLead reference calls with competitors, clients, industry experts, and prospect company’s current or past employeesProduce Investment Memos and support Partners in presenting opportunities to the Investment CommitteeValidate, audit and fact-check information provided by companiesReview and comment on legal agreements negotiated by the deal’s leadPortfolio Management & Support
Assist Partners in managing efficient ongoing relationships with executives of investee companies, promptly responding to all inquiries in a courteous and efficient mannerStand responsible for a few companies to monitor and provide value-add support, taking charge of operational communication, and participating in board meetings (as required) and keeping abreast of developments to elevate critical issues to PartnersAssist portfolio companies with introductions (e.G. potential suppliers, investors, employees), governance, financing, strategic planning, marketing, and other operational topicsSupport value enhancing portfolio company initiatives with a focus on driving to exitsWhat We Are Looking For
Typical Background
7 to 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 bank, accounting firmOperator roles: technology startup, industry-leading corporation,
industry specialistAdvisory roles: consulting, law, corporate strategy, corporate development
Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skillsA post-graduate degree or equivalent certification is valuable. Typical post-graduate credentials are likely to be, but are not limited to:
Master’s in business administration (MBA)Other STEM Master’s or PhD degreeChartered Financial Analyst (CFA)
Technical Knowledge
Thorough understanding of the deal process, from sourcing to due diligence, to portfolio managementAbility to read financial statements and translate its content into insights about the businessStrong 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 assetGood ability to use other MS-suite applications efficiently, mainly Word and PowerPointGood ability to problem-solve using structured thinking and communication techniquesAbility to write an Investment Memo that is clear, concise, and eloquentTechnology skills with wide application, such as coding, chemistry or electronics can be an assetOperational knowledge of any technical industry is an assetBilingualism in French and English is an assetBehavioral Traits
Supportive, helpful attitude – sensitivity to identify what the fund needs, take ownership of team performance, and relieve Partners from operations so that they can focus on the deal pipelineAbility to work collaboratively and build positive relationships with stakeholders within and outside BDC, with a sensible approach to vertical and horizontal relationshipsInterpersonal polish, ability to influence pertinently in the context of business settings, including operational and executive audiencesMotivation and ability to leverage work as a team, by taking a leadership roleEnthusiasm to support and coach more junior colleagues, sharing knowledge and adviceContinuous learning attitude, with maturity to give and take feedback constructivelyComfort working in a fast-paced setting, where objectives must be met within tight deadlinesProudly 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] we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
📌 Principal, Venture Capital - Thrive Venture Fund (Winnipeg)
🏢 BDC
📍 Winnipeg