Investment Risk Modelling Co-op/internship

Closing date: October 3, 2024

Use your critical thinking skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking an Investment Risk Modeling Co-op Student/Intern for the Winter (January to April 2025) work term to support the Investment Strategy & Risk team. If you are a highly motivated, team player who can handle multiple projects and are interested in developing your professional career and learning more about driving sustainable growth, accelerating innovation and operating on a global scale, this is the opportunity for you

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $250.4 billion and is one of Canada’s largest institutional investors. We invest globally to support pension and other funds for more than 30 clients based in British Columbia. We are proud to have been chosen as one of

Canada’s Top 100 Employers

and

BC’s Top Employers
- These national and provincial competitions recognize employers who offer exceptional workplaces for their employees.

WHO YOU WILL WORK WITH

You will work with the Investment Risk Modelling and Public Markets Risk Management group within the Investment Risk Branch in Investment Strategy & Risk department. The Investment Strategy & Risk (ISR) department plays a key role in setting, implementing, 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. ISR consists of three branches: Strategic Asset Allocation, Total Fund Management, and Investment Risk.

Investment Risk includes the maintenance of systems for monitoring, measuring and estimating various forms of relevant investment risks across the various asset classes that BCI currently invests or may invest in and aggregating that risk at a total fund level.

WHAT YOU WILL BE DOING- Supports the monitoring of day-to-day operations regarding market and counterparty risks- Assists in the risk management oversight of the public markets asset class by preparing relevant reports, analysis, and tools to measure the risks- Takes part in developing risk-reporting templates- Participates in documenting manuals, procedures, and directives- Ad-hoc projects in VBA, Python and/or Matlab

**Required Skills**:
- University Degree with courses offering strong foundations in financial risk management and investment management.- Familiarity with Python, Bloomberg, SQL, MatLab and/or VBA- A fundamental knowledge of basic business and investment related disciplines is essential- Ability to communicate clearly and concisely, both orally and in writing- Exhibit a high level of professionalism and excellent interpersonal skills- Strong relationship-building ability, proactive, results oriented, and resourceful- Ability to meet deadlines by delivering with excellent product quality and attention to detail- Have a passion for investment management, a dedication to hard work, commitment to the highest ethical standards, and an eagerness to learn- Analytical and problem-solving abilities

WHAT WE OFFER- Training and mentorship to develop your knowledge and professional skill sets that are required to succeed in the industry- Be a valued part of a team and work culture that is down to earth, values your perspective and rewards transparency and accountability- Exposure to some of the most talented, approachable, and inspiring people in the industry- Time to connect and build your network with other interns and BCI professionals that will contribute to your professional network and future career opportunities- Potential work term extensions and career opportunities- The ability to opt-in for access to Dialogue, a user-friendly app that offers virtual primary care, employee and family services, and mental health supports- Time to connect with co-op students & interns at BCI - build your network and shared learning- 2 paid days per year for volunteering- Competitive pay: Mid / Back Office: $2,260.00 gross bi-weekly or $2,090.00 gross bi-weekly + vacation leave paid based on 6% of salary ($2,260.00 gross biweekly for those with (or working towards) a graduate degree or joining the Investment Strategy & Risk department and $2,090.00 gross biweekly for those with (or working towards) an undergraduate degree, diploma, or certificate)

THE DETAILS- Work term: Winter (January to April 2025)- Department: Investment Strategy & Risk- Office Location: 750 Pandora Avenue, Victoria, BC- Spend your off hours exploring beautiful Victoria and Vancouver Island- Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location- All co-ops/internships will need to be completed in person at our Victoria office with the option to work one day per week