Managing Director, Black Entrepreneurs Fund

7 days ago


Montréal QC, Canada Business Development Bank of Canada Full time

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...

POSITION OVERVIEW

The Fund for Black entrepreneurs is a new $100M initiative designed to support and grow the number of black entrepreneurs led companies in Canada. This Fund will invest alongside ecosystem partners and others into black entrepreneurs led companies that are seeking equity capital and are growing sustainable businesses, creating jobs and actively contributing to the growth of the Black community and Canadian economy. The Fund will include a combination of direct investments in companies and indirect investments in funds.

With an understanding of, or expertise in investments, finance or capital markets, the Managing Director will oversee the design of investment vehicles that generate returns while bringing much needed equity capital to this under-represented segment of the market. The Managing Director will represent BDC in the ecosystem as part of the Impact Platform and be responsible for the execution of the mandate, working with key partners and stakeholders in the marketplace and with the black community in Canada.

CHALLENGES TO BE MET

Lead the strategic Development- Analyze the needs of black entrepreneurs and the gaps that BDC could fill to complement the ecosystem;- Develop a rallying vision, a roadmap as well as an investment thesis for the deployment of the 100M$ in order to fill the identified gaps;- Build and lead a team of highly skilled professionals to support the Fund activities;- Identify and understand emerging marking needs, in consultation with partners and the market, to evolve the Fund.

Oversees the investment activities and portfolio management- Ensure overall leadership of the Fund forecasting, planning and budgeting;- Ensure ongoing documentation management of portfolio companies;- Lead due diligence efforts with key team members for new and/or existing opportunities by conducting market research and analysis, preparing financial forecasts, examining management, competition, etc. and account management of active investments using appropriate databases, customer interaction, research reports and other intelligence resources;- Effectively manage internal and external service providers, including lawyers and other consultants;

Lead the go-to-market strategy and the ecosystem support efforts- Actively participate in public relations, including speaking engagements, panel participation, press interviews, writing articles for print and online publication, and attending conferences as an expert and thought leader;- Strong liaison between VC teams, ecosystem team and others across BDC to build a sustainable community for black entrepreneurs.

WHAT WE ARE LOOKING FOR

The successful Managing Director believes strongly in the mandate of BDC and BDC Capital and in the vision and mandate of the Impact Platform overall and exhibits the following characteristics:

- Skills, Knowledge and Network_- Knowledge of industry dynamics for both tech and non-tech firms; awareness of long-term market trends, emerging opportunities; able to characterize and quantify sector
- and segment-specific industry risk factors;- Possesses a current network within the marketplace that can be leveraged;- Exhibits a sound understanding of the key business processes;- Demonstrates an ability to source investments and to think creatively about investments and markets.- Has a sound understanding of the product development lifecycle, development methodologies, growth and pricing strategies.- Sound business acumen; displays insight with regards to the meaning of financial data as it relates to the operations of a company as it moves along its lifecycle;- Superior communication (written and verbal) skills and the ability to influence to achieve results; can “sell” ideas to build consensus with colleagues, and with portfolio companies and investee prospects; attentive to both detail and nuances in the information exchange with a variety of audiences; encourages constructive debates that strive for the best outcome;- Results-oriented thinking skills: Takes



  • Montréal, QC, Canada McGill University Full time

    Please refer to the job aid for instructions on how to apply. Position Summary: Reporting to the Director, Equity, Diversity and Inclusion, the Associate Director is the lead on McGill’s efforts to address and combat anti-Black racism, notably through measures set out in McGill’s Action Plan to Address Anti-Black Racism (AP-ABR) The incumbent...


  • Montréal, QC H3B 5E7, Canada Business Development Bank of Canada Full time

    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...


  • Montréal, QC, Canada McGill University Full time

    Please refer to the job aid for instructions on how to apply. Position Summary: Reporting to the Manager RFMS, the incumbent is responsible for providing ongoing support to the Financial Administrators relating to the setup of new grants/contracts in the Banner Financial Information System ensuring FOAPAL integrity. The incumbent is responsible for...


  • Montréal, Canada Business Development Bank of Canada Full time

    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...


  • Montréal, Canada Canadian Black Chamber of Commerce Full time

    The Canadian Black Chamber of Commerce (CBCC) is dedicated to elevating the economic development of the Black Business Community (BBC). We are committed to conducting the required collaboration and research that delivers evidence-based solutions that improve lives and strengthen economic growth with the CBBC. ***: **Regional Business Manager - Montreal,...


  • Montréal, QC, Canada Alcoa Canada Full time

    Le gestionnaire régional, Gestion des entrepreneurs (GE) est responsable de fournir un leadership stratégique et tactique et un soutien au sein de la région pour assurer une gestion efficace des entrepreneurs et permettre d'améliorer la sécurité, la productivité et la gouvernance des entrepreneurs. Vous serez responsable de veiller à ce que les...


  • Montréal, Canada McGill University Full time

    Please refer to the job aid for instructions on how to apply. Position Summary: Reporting to the Director Strategy and Operations, Graduate and Postdoctoral Studies, manage the graduate student funding allocation by distributing a multi-million-dollar envelope to the Faculties on an annual basis. Responsible for internal fellowships and named awards, as...

  • Associate Funding

    4 weeks ago


    Montréal, Canada National Bank of Canada Full time

    **Primary Locations**:Montreal, Quebec**: **Attendance**:Hybrid**: **Employee Status**:Regular**: **Schedule**:Full-time**: A career in National Bank Financial Markets is working in an entrepreneurial and stimulating environment. The Treasury funding team is responsible of the management and execution of National Bank funding. The mandate covers short-term...


  • Montréal, Canada Black Eagle Solutions Full time

    Black Eagle Solutions provides back office, reconciliation and trading support services to proprietary trading firms and hedge funds. Its partner firms have many traders worldwide and Black Eagle Solutions supports one of the largest networks of professional traders in the world. Its head office in Montreal offers its staff - A great workplace located in the...


  • Montréal, Canada Business Development Bank of Canada Full time

    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...

  • Manager, Fund Events

    2 weeks ago


    Montréal, QC, Canada Manulife Full time

    The Manulife Fund Events team is seeking a manager to support the GWAM Canada business. In this role, the **Manager **will provide expertise and operational support to ensure successful implementation of the firm’s various initiatives impacting the Canadian Wealth Operations. This entails in-depth knowledge of fund operations and accounting in Canada &...

  • Team Manager

    1 week ago


    Montréal, QC, Canada CACEIS Full time

    CACEIS is the asset servicing banking group of Crédit Agricole dedicated to asset managers, insurance companies, pension funds, banks, private equity and real estate funds, brokers and corporate clients. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities...

  • Team Manager

    1 week ago


    Montréal, QC, Canada CACEIS Full time

    CACEIS is the asset servicing banking group of Crédit Agricole dedicated to asset managers, insurance companies, pension funds, banks, private equity and real estate funds, brokers and corporate clients. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities...


  • Montréal, QC, Canada Alcoa Canada Full time

    Shape Your World At Alcoa, you will become an essential part of our purpose: to turn raw potential into real progress. The way we see it, every Alcoan is a work-shaper, team-shaper, idea-shaper, world-shaper. À propos du poste Le gestionnaire régional, Gestion des entrepreneurs (GE) est responsable de fournir un leadership stratégique et tactique et...


  • Montréal, Canada Business Development Bank of Canada Full time

    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....


  • Montréal, Canada Business Development Bank of Canada Full time

    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...


  • Montréal, Canada Alcoa Corporation Full time

    Shape Your World At Alcoa, you will become an essential part of our purpose: to turn raw potential into real progress. The way we see it, every Alcoan is a work-shaper, team-shaper, idea-shaper, world-shaper. À propos du poste Le gestionnaire régional, Gestion des entrepreneurs (GE) est responsable de fournir un leadership stratégique et tactique et un...


  • Montréal, Canada Business Development Bank of Canada Full time

    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...


  • Montréal, Canada Business Development Bank of Canada Full time

    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...


  • Montréal, QC, Canada Black Community Resource Centre (BCRC) Full time

    **Company Description** The BCRC is a growing, resource-based organization that strengthens community capacity by providing professional support to organizations and individuals in need. The Centre is committed to helping visible minority youth rekindle their dreams and achieve their full potential. We provide and implement innovative professional support...