ESG Co-op/Internship

Use your research, investment, and data science skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking two co-op students/interns for the Summer 2025 work terms (Two positions from May to August) to provide ESG (Environmental, Social and Governance) research and support across a range of asset classes and investment subjects.

The ESG co-op/intern will work within our corporate ESG group. BCI is a leader in responsible investing and actively integrates ESG factors into our investment analysis and decision-making process. Successful candidates will work in one of the following two work-streams: 1) ESG Integration & Research, 2) ESG Total Fund Strategy & Risk.

ESG Integration & Research

The co-op/intern will support a range of asset classes with a particular focus on public equities, fixed income, private debt, and alternative strategies. The co-op/intern will assist the team in conducting ESG research and writing ESG analysis to support investment decisions for all internally managed active funds. The co-op/intern will help prepare and participate in conversations with portfolio companies, policymakers, and standard setters to advance ESG performance. This role offers the opportunity to immerse yourself in the investment process from an ESG perspective, conduct valuable ESG research, and contribute creative solutions (both quantitative and qualitative) to the ESG integration process.

ESG Total Fund Strategy & Risk

The co-op/intern will support research, analysis, evaluation, and recommendations of systemic ESG risks and investment opportunities. The co-op/intern will assist in building and maintaining financial models, develop economic scenarios, collect, and analyze financial and ESG data to support investment recommendations and participate in the research and development of new investment strategy initiatives. The team is responsible for evaluating systemic ESG risk and opportunities, their implications on portfolios, asset classes, client portfolios, and BCI’s total fund. As part of this work, the team is responsible for measuring, monitoring, and making recommendations on mitigation and adaptation strategies as well as new opportunities that may arise.

WHAT YOU WILL BE DOING

• Research and analyze ESG risks and opportunities in the current BCI portfolio as well as in the investment universe.
• Build and maintain financial models and economic scenarios to understand long-term systemic risk impacts to the market and client portfolios.
• Collect, organize, and analyze ESG data to support investment recommendations and company engagements.
• Research new investment strategy initiatives, provide recommendations and work collaboratively in a team environment.
• Conduct research on the United Nations Sustainable Development Goals (UN SDGs) – e.g., research topics for inclusion in the SDI taxonomy.
• Support day-to-day team activities including taking meeting notes, streamlining processes, and providing support for various research, integration, or stewardship activities.
• Construct and make improvements to data visualization tools to add value to the investment process.
• Ad-hoc research projects and tasks as assigned by the team.

REQUIRED SKILLS

• A fundamental knowledge of basic business, financial statements, and investment-related disciplines is essential.
• Passion for investing, ESG, and a drive to continually learn about economics/financial markets.
• Knowledge of finance, capital markets, and economics.
• Ability to communicate clearly and concisely, both orally and in writing.
• A dedication to hard work, commitment to the highest ethical standards, attention to detail, and an eagerness to learn.
• Strong research skills combined with analytical and problem-solving abilities.
• Self-starter: ability to be proactive, resourceful, and solution-oriented as well as a drive for process improvement.
• Intellectual curiosity, critical thinking, and strong analytical skills.
• High proficiency in Microsoft Office Suite (including Excel, Word, Outlook, PowerPoint, OneNote), particularly with advanced Excel skills to process large data sets and present in a concise manner.
• Familiarity with Bloomberg, Eikon, R, Python, SQL, Tableau, and Power BI would be an asset.
• Proficiency in an additional language(s) would be an asset for the ESG Integration & Research position (e.g., a local language in Asia or the Emerging Markets).
• Financial modeling skills would be an asset for the ESG Total Fund Strategy & Risk position.

WHAT WE OFFER

• Excellent career development and training.
• 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: Front Office: $2,665.00 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 - August).
• Department: Public Markets.
• 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, some positions are not eligible for hybrid work.

HOW TO APPLY

• Apply directly to the ESG Co-op/Internship posting on our careers page https://bci.wd10.myworkdayjobs.com/BCI_Careers.
• Application deadline: January 30, 2025, at 11:59pm PT.
• Please include a cover letter, resume, and transcripts (unofficial transcript will suffice) in PDF format in your Workday application (Only complete applications with the required documents will be considered).
• We will be hiring on a rolling basis. You are advised to apply ASAP.
• 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.