Credit Risk Management Co-op/Internship

Use your research and fundamental credit analysis skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking a Credit Risk Management co-op student/intern for the Summer 2025 work term (May to August) to support the credit risk rating process for BCI’s private investment portfolios, including Private Equity, Infrastructure & Renewable Resources, and Private Debt.

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.

The Credit Risk Management co-op/intern will work within our Investment Strategy & Risk department. This is a great opportunity for you to learn and apply your knowledge to support the Credit Risk team by performing fundamental credit rating analysis for a range of private investments.

WHO YOU WILL WORK WITH

The co-op will report to the Senior Analyst, Credit Risk Management and will work closely with other members of the Credit Risk team.

WHAT YOU WILL BE DOING

• Lead the development of a credit risk database using SQL by designing/performing various stages of the project, including data collection, data cleansing, data categorization, data organization, and database creation.
• Ensure that the credit risk database enables efficient and seamless access to asset-level information, such as historical adjusted financials, credit rating evolution, rating components tracking, and other relevant data.
• Support credit surveillance of BCI’s private investment portfolios, including gathering and summarizing news from various sources and monitoring credit spreads/stock prices.
• Support credit team members in preparing credit risk rating reports by inputting financial statement data, conducting peer analysis, conducting industry research, and preparing supporting schedules.
• Assist in developing and preparing credit risk dashboards and presentations.
• Support process improvement initiatives.

REQUIRED SKILLS

• Sound knowledge of SQL databases proven by academic/professional experience.
• Advanced Excel skills.
• An ability to independently gather information and apply judgment to arrive at a conclusion.
• High accuracy and attention to detail while maintaining deadlines.
• A passion for debt capital markets and the financial industry.
• Knowledge of financial statements analysis through coursework or relevant work experience is preferred but not required.
• Familiarity with S&P Capital IQ and Bloomberg is an asset.

WHAT WE OFFER

• Excellent career development and training in the methodologies to determine credit risk ratings for a range of assets.
• Work with a dynamic team in a fast-paced environment.
• The development of real-world skills at one of the largest institutional investors in Canada.
• Exposure to some of the most talented, approachable, and inspiring people in the industry.
• 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.
• BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments.
• 2 paid days per year for volunteering.
• Competitive pay.
• Mid Office: $2,260.00 gross bi-weekly + vacation leave paid based on 6% of salary.
• Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location.

THE DETAILS

• Work term: Summer 2025 (May to August 2025).
• Department: Investment Strategy & Risk.
• Office Location: 750 Pandora Avenue, Victoria, BC.
• Spend your off hours exploring beautiful Victoria and Vancouver Island.
• All co-ops/internships will need to be completed in person at our Victoria office with the option to work one day per week from home. Please note that some positions are not eligible for hybrid work.

HOW TO APPLY

• Apply directly to the Credit Risk Management Co-op/Internship posting on our careers page:
• Application deadline: January 30, 2025 at 11:59pm PT.
• Please include a cover letter, resume, and transcripts (unofficial transcript will suffice).
• Note: We welcome applications from all qualified candidates who are interested in applying for this role. You will need to be legally authorized to work in the country where this job is located. If you currently do not have authorization or if your work permit, study permit, or visa has restrictions or is due to expire during the work term, you may not be eligible for this opportunity.

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful. We are performance and client focused and value integrity; if you share these values, we want to know you. We recognize that some skills can be learned on the job and encourage all to apply. If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at [email protected].