ASSOCIATE PRINCIPAL

2 days ago

Winnipeg, Manitoba, Canada BDC Full-time
We Are Banking At Another Level.

We 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 few

In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1

A hybrid work model that truly balances work and personal life

Opportunities 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 world’s 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 and stage agnostic and invests in high-growth companies with highly scalable market potential that bring together the best innovation, team, and resources to transform today’s markets.

In this role, you will develop your ability to lead a deal end-to-end. You are expected to understand the big picture and the small details of the investment process and represent BDC Capital professionally before its partners.

As an Associate Principal, you will be an integral member of our investment team and involved in all aspects of the investment and portfolio management process. You will assist the team in building and managing an existing and growing portfolio of investments, work on new investments and help us build the next fund to support even more women in tech in Canada. The next generation of exceptional Canadian technology champions will be led by women and funded by BDC’s Thrive Venture Fund.

CHALLENGES TO BE MET Platform Building

Assist in managing the deal pipeline, reviewing quarterly/bi-annual reports and value assessments before Partner sign-off, and providing financial analysis

Support other team members as appropriate during the development stage of an investment

Ensure that the investment research files, business plans and other collected information are maintained in conformity with BDC’s policies and procedures

Keep new and existing investment files properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecasting

Deal Sourcing

Cultivate relationships with entrepreneurs and ecosystem partners, relaying any relevant information upwards

Build and maintain networks within the investment community, acting as an ambassador for the fund, BDC Capital and BDC

Stay on top of the current portfolio, identifying companies that are likely to raise funds and discussing potential new or follow-on investments with Partners

Perform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companies

Conduct initial business plan reviews, manage initial communications with entrepreneurs and referring sources, prepare initial interview memoranda with recommendations to pursue or decline deals

Deal Making

Coordinate and lead due diligence for new and/or existing investment opportunities by conducting analyses such as market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies

Determine and validate performance metrics, creating valuation models, forecasts and financial pro formas

Conduct reference calls with competitors, clients, industry experts, and prospect companies’ current or past employees

Follow up on investments using appropriate databases, customer interactions, internet sites, research reports and other investment resources

Validate, audit and fact-check information provided by companies

Develop and maintain appropriate information resources and subject matter expertise in v