Strategic Asset Allocation; Global Macro) Co-op​/Internship; Winter

Position: Strategic Asset Allocation (Global Macro) Co-op/Internship (Winter 2027)
The British Columbia Investment Management Corporation (BCI) is currently seeking a Strategic Asset Allocation (Global Macro) co-op student/intern for the Winter 2027 work term (January to April).
** WHAT YOU NEED TO KNOW
** BCI manages a globally diversified portfolio of assets valued at $313.7 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 Global Macro co-op/intern will work within the Strategic Asset Allocation team in the Investment Strategy & Risk department, gaining hands-on experience by applying academic knowledge in a professional setting. The role involves supporting macroeconomic research and the analysis that underpins long-term investment strategy and client  conduct research across a broad range of investment topics, including capital markets, investment strategies, performance, and investment products and support the preparation of client reports, presentations and materials for client meetings.
** WHO YOU WILL WORK WITH
** Investment Strategy & Risk is responsible for setting, implementing and monitoring clients’ long-term investment strategies by working closely with clients, management and asset classes. The department comprises 5 branches:
Strategic Asset Allocation, Total Fund Management, Investment Risk and Growth and Investment Solutions.

The Strategic Asset Allocation team consists of three major work streams. The Global Macro workstream conducts research and models relevant macroeconomic developments, including assessment of the current business cycle dynamics and research of emerging economic or financial trends, opportunities, and risks. The ALM workstream assists clients with developing tailored investment policies that achieve investment objectives consistent with their investment philosophies, funding policies and risk tolerances.

The Client Relations workstream’s focus is on building long-term relationships with clients based on trust and to ensure that we exceed our client’s investment performance and service expectations. Successful candidates will gain valuable exposure to all three work streams while working on the SAA team.
** WHAT YOU WILL BE DOING
*** Conduct macroeconomic and market research on topics such as monetary policy, inflation, and geopolitical risk, and help produce recurring macro data summaries for the team.
* Assist with Long-Term Capital Market Assumptions (LTCMAs), including data pulls, returns analysis, peer comparisons, and methodology refinement as needed
* Help translate complex macroeconomic analysis into clear, well-styled outputs for senior investment and executive audiences
* Support quarterly scenario modelling, narrative development, and maintaining signpost/monitoring frameworks
* Build and maintain quantitative analysis and exhibits using Python, Excel, and econometric software, and support dashboard development in Power BI
* Ad-hoc projects and tasks assigned by the team
* Conduct independent research and prepare reports/presentations on a wide range of investment topics for client meetings and for internal staff
* Assist with client education by producing written materials and educational presentations
* Actively adheres to compliance and risk management policies and participates in BCI’s business continuity plan
** THE IDEAL STUDENT
*** Working toward a degree in economics, financial mathematics, quantitative finance, or a related quantitative discipline
* Demonstrates an ability to gather and…