Director, Government FUNDS - Montreal

We Are Banking At Another Level.

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...

Explore the BDC Way in our Culture Book

At BDC, the Government Funds team manages capital on behalf of the Government of Canada to strengthen and grow Canada's venture capital market. This includes deploying $350M under the Venture Capital Action Plan (VCAP), $450M under the Venture Capital Catalyst Initiative (VCCI), and $450M under the Renewed Venture Capital Catalyst Initiative (Renewed VCCI). These programs totalling $1.2B AUM are designed to crowd in private capital and support fund managers across the Canadian venture capital asset class.

Building on this foundation, BDC is now deploying the $1B Growth Venture Capital Catalyst Initiative (Growth VCCI), a landmark platform focused on scaling Canada's most promising funds and innovative companies. This is a unique opportunity to work at the intersection of investment, policy, and ecosystem development, with direct exposure to the most prominent Canadian fund managers while contributing to a national priority initiative shaping Canada's innovation economy.

As Director, you will combine leadership, investment expertise, and complex project management to support the deployment and oversight of government-backed venture capital programs, including VCAP, VCCI, Renewed VCCI, and upcoming Growth VCCI. You will play a lead role in investment execution, stakeholder management, and portfolio governance, while engaging closely with fund managers, institutional partners, and internal stakeholders including Government.

• Lead complex business and legal negotiations with fund managers and external stakeholders for execution of program delivery including fund investments.
• Provide strategic oversight of investment activities across the portfolio, ensuring alignment between policy objectives, portfolio construction considerations, and market dynamics
• Provide senior investment judgment and guidance on fund performance, risk management, and portfolio development matters

• Serve as BDC's representative on portfolio funds' LPACs and other governance bodies
• Monitor fund performance, governance, and compliance with fund agreements and program requirements
• Provide strategic insight and constructive challenge to support strong governance practices and enhance fund outcomes
• Guide fund managers on governance and operational best practices to strengthen the long-term sustainability of the venture capital ecosystem

• Demonstrate leadership in team meetings and operations processes, ensuring effective resource allocation, quality control, operational excellence, and alignment with strategic priorities
• Ensure the timely and accurate execution of operational activities, including capital calls, distributions, reporting, and stakeholder deliverables
• Provide coaching, mentorship, and leadership to a team of Analysts, fostering a collaborative, high-performance culture focused on continuous improvement and professional development
• Identify capability and capacity gaps, oversee recruitment and onboarding activities, and promote knowledge sharing and best practices across the team

• Provide strategic input into the design, implementation, and continuous improvement of current and future government investment programs
• Respond to complex and time-sensitive requests from internal and external stakeholders while maintaining a high standard of service and…