Senior Analyst/Associate, Transactions & Total Portfolio Risk

About Us: With $295.0 billion of gross assets under management, as of March 31, 2025, 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: June 14, 2026 THE OPPORTUNITY Reporting to the Principal, Transactions and Total Portfolio Risk, the Senior Analyst/Associate plays a central role in BCI's investment risk function, supporting the Fixed Income & Credit Investments Risk Management team and the Private Markets Risk Management team to evaluate the risk profile of private market investments before they reach the Investment Committee. Working across private credit and infrastructure & renewable resources, the Senior Analyst/Associate conducts independent risk assessments that directly inform IC decisions on commitments. The role combines transaction-level analysis with total portfolio risk work and contributes to the team's AI-driven risk frameworks that scale analytical coverage across BCI's private market asset classes. The Senior Analyst/Associate is expected to work independently on complex analytical assignments, exercise sound judgment in ambiguous situations, and produce IC-ready outputs with minimal direction. WHAT YOU BRING Must have: Degree in Finance, Economics, Accounting, Mathematics, Engineering, or a related discipline 3–6 years' experience in investment risk, credit analysis, or private markets investment analysis Knowledge of fundamental credit analysis, including financial structures, covenant packages, and downside scenario evaluation Strong financial capability across financial modelling, scenario analysis, and factor-based risk analysis Hands-on experience using AI tools to enhance analytical workflows Demonstrated ability to translate complex analysis into clear written and verbal recommendations for senior investment audiences Preferred: Experience with SQL, Python, or other tools for risk data analysis Direct experience evaluating private credit and infrastructure investments Pension fund or institutional asset management experience Professional designation (CFA, FRM, PRM, CAIA) or postgraduate degree in a quantitative field Familiarity with risk systems and data platforms (e.g., MSCI Risk Manager, Bloomberg…) WHO YOU WILL WORK WITH 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. Investment Risk focuses on the measurement and management of the asset class, total portfolio, and client investment risks. This is achieved through 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. WHAT YOU GET TO DO Conducts independent risk due diligence on private market investment opportunities, including fund commitments, co-investments, and direct deals across private credit, and infrastructure and renewable resources, supporting both the Private Markets Risk Management and the Fixed Income & Credit Investments Risk Management teams through the due diligence process Evaluates financial structures, downside scenarios, and factor exposures at the transaction level; develops and documents independent risk views to inform Investment Committee decisions Produces IC-grade risk memos and presentation materials, communicating complex findings clearly to asset class leadership and senior stakeholders Supports the production of market risk updates, periodic risk reports, and ad hoc what-if analyses used by Investment Risk and asset class teams Contributes to total portfolio risk analytics, including factor attribution and cross-asset analysis Contributes to the team's proprietary AI-driven risk frameworks and analytical systems, extending coverage and improving the consistency of risk assessments across private markets Tracks developments across BCI's private market portfolio and proactively flags investments warranting closer review Contributes to the enhancement of risk assessment frameworks, methodologies, and processes, including the integration of new techniques and too WHERE YOU WILL WORK Work from our downtown Victoria office. SALARY RANGE BCI offers a competitive total rewards package which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan and paid time off. The annualized base salary range for this Victoria-based role is: Senior Analyst - CAD $90,000 - $110,000 Associate - CAD $105,000 - $128,000 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. 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. Next Steps: To apply online, please submit your resume promptly. Applications will be actively reviewed, and those selected for an interview will be contacted. We welcome all qualified candidates who are legally authorized to work in the country where this job is located. If you do not have authorization, or if your work permit has restrictions or is due to expire within 12 months, please inform our recruitment team if shortlisted. At BCI, we value diversity and foster an inclusive culture where all employees can thrive. We are performance and client-focused, valuing integrity, and we want to know you if you share these values. We recognize that some skills can be learned on the job and encourage everyone to apply. If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at hr@bci.ca. To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity and inclusion and the recruitment process visit our BCI Careers Page. BCI does not accept unsolicited resumes or candidate submissions from third-party recruitment agencies, executive search firms, or staffing suppliers unless they have an existing contractual agreement with our organization. Our approved vendor relationships are established for particular recruitment requirements and do not extend to general job postings on our website or other platforms. Any candidate information or resumes submitted by suppliers not approved by BCI will be deemed unsolicited and will not be reviewed or considered. BCI will not be liable for any fees, commissions, or charges related to unsolicited candidate submissions or recruitment services. To learn more about us, visit our BCI website With our values as our anchor, it's our people who create the environment we work in each day. 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. To learn more about working with BCI, including our competitive benefits packages, our commitment to equity, diversity & inclusion and the Recruitment process visit our BCI Careers Page We pay our people competitively in the markets in which we compete for talent and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance. The philosophy is principles-based and emphasizes pay-for-performance, long-term results, and meeting clients' expectations. Our people help shape employee-focused initiatives and create the environment we work in each day – which further strengthens our culture. To learn more about our employee experience, visit our BCI Values in Action. 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.