Principal, Cleantech

No other bank is doing what we do.

At BDC, we help Canada and its entrepreneurs create a prosperous, inclusive and green economy. Our mission is to help Canadian businesses thrive by providing financing, capital and advisory services. We’re devoted to Canadian entrepreneurs. We’re also dedicated to our employees. Adaptable. Inspiring. Different. There’s a reason we like to work here, and we think you’ll like it too. Join BDC and help make a difference

Diversity. Equity. Inclusion. They’re more than just words for BDC. These concepts are foundational to our success and to our ability to attract, retain, mobilize and develop the right talent, as well as to offer a healthy, professional and collaborative environment. We are committed to cultivating and preserving an environment where all employees can thrive, and, for over a decade, we have been recognized as one of Canada's Top 100 Employers and one of Canada's Best Diversity Employers. In recruiting for our team, we welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, color, religion, disability, sexual orientation, beliefs, experiences, and more.
- POSITION OVERVIEW

Principals are experienced investment professionals that aid in sourcing potential deals, oversee their execution, and take responsibility for the investment’s relationship and performance. An understanding of the cleantech ecosystem (technologies, sub-sectors, investors, etc.) would also be expected in this role.

In this role, you will develop your ability to own the entire deal process. You will start sourcing deals and leading complex due diligence efforts, managing key team members for new and/or existing investment opportunities that ultimately shape the future of Canadian economy. You are expected to play a proactive role in representing BDC Capital as a first-class player in the ecosystem, assist Partners in the leadership of deals, and coach Analysts and Associates.
- 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 procedures- Contribute to a high performing team environment within the internal fund built on trust, collaboration, and high aspirations- Ensure the progression of professionals in the deal team, balancing workload, coaching, and identifying opportunities to assign higher responsibilities- Assist on occasion with recruiting for the team and new employees’ onboarding- Capture and synthesize key insights when managing the fund’s research work, discussing ideas with Partners and the Managing Partner to support thought leadership within the fund’s scope

Deal 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 decline- Build and maintain networks within the investment community, acting as an ambassador for the funds, BDC Capital and BDC- Work with investment partners and other funds to build relationships for deal flow and syndication- Keep abreast of significant developments and activities in the entrepreneurial community and continue to raise awareness of BDC Capital through networking and related opportunities- Contribute to the sourcing and identification of high-potential venture companies for investment based on the teams’ investment parameters

Deal 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 exist strategies- Lead reference calls with competitors, clients, industry experts, and prospect company’s current or past employees- Produce Investment Memos and support Partners in presenting opportunities to the Investment Committee- Review and comment on legal agreements negotiated by the deal’s lead

Portfolio Management & Support- Assist in mark-to-market tasks/processes for portfolio companies you manage to correctly determine and support the rationale for the fair value of the portfolio- Assist in managing efficient ongoing relationships with executives of investee companies, promptly responding to all inquiries in a courteous and efficient manner- Stand responsible to monitor and provide value-added support, taking charge of operational communication, and participating in board meetings- Assist portfolio companies with introductions (e.g., potential suppliers, investors, employees), governance, financing, strategic planning, marketing, a