Associate, Strongnorth Fund

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.

• 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...

Associates join BDC’s Strong North fund as an early specialist in investment finance, to lead key parts of the investment process and manage our current portfolio. You will work on investments in defense, dual-use, and deep technology sectors aligned with sovereign capability priorities, requiring integration of technical, financial, and strategic analysis. In this role, you will lead one or a few simultaneous investment analysis work streams, support the team in networking activities, and monitor a portfolio of investments that ultimately shape the future of the Canadian economy.

You will cover strategic topics such as markets, industries, ecosystems, and competition, as well as operational ones, such as financials, management, and products. You are expected to combine sharp analytic skills and business sense to leverage the input of experts on a variety of market and industrial subjects.

• Assist in managing the deal pipeline, quarterly/bi-annual reports, and providing financial analysis
• Support other team members as appropriate during the development stage of an investment
• Ensure that the investment research files, business plans and other collected information are maintained in conformity with BDC’s policies and procedures
• Ensure that new and existing investments files are properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecasting

• Engage with entrepreneurs, investors and company representatives at occasional investment community or industry events, sharing relevant information with the team
• Maintain involvement in associations within the investment community, and keep abreast of significant developments, activities, and initiatives in the industry
• Stay on top of the current portfolio, identifying companies that are likely to raise funds for new and follow-on investments, and sharing insights with the senior team members
• Perform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companies
• Conduct initial business plan reviews, support initial communications with entrepreneurs and referring sources, prepare initial interview memoranda and recommendations to pursue or decline

• Lead a workstream of due diligence on companies’ market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies
• Determine and validate performance metrics, creating valuation models, forecasts and financial pro formas
• Draft Investment Memos, most often focusing on the Financials and Market sections
• Support Partners leading a deal, during presentations to the Investment Board
• Ability to understand and assess complex technical systems, working effectively with engineers, scientists, and domain experts to evaluate technologies, products, and services
• Conduct reference calls with competitors, clients, industry experts, and prospective company’s current or past employees
• Develop and maintain appropriate information resources and subject matter expertise in various…