Associate, Markets & Liquidity

About Us:

With $313.7 billion of gross assets under management, as of March 31, 2026, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.

Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, London, and Mumbai.

BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients' risk and return requirements. Our people shape employee-focused initiatives, creating a strong culture. To learn more about our culture and values, visit our BCI Values in Action page.

A unique and impactful opportunity to join our growing Investment Operations team in Vancouver or Victoria. This is an exciting opportunity to work with and grow your career with a best-in-class investment operations platform at one of Canada’s largest asset managers!

Reporting to the Director, Markets and Liquidity, the Associate supports BCI’s exchange-traded and OTC derivatives book across all asset classes and clients, spanning trade capture and confirmation through lifecycle management, settlement, and regulatory reporting. The role is also responsible for managing the daily FX netting and hedging program, maintaining strategies within pre-defined hedging ratios and netting FX spot transactions to reduce costs;

directing collateral funding decisions to meet daily variation and initial margin obligations with BCI counter parties; and providing day-to-day oversight of BCI’s securities lending program, optimizing security selection and utilization to maximize revenue.

The Associate communicates with a variety of stakeholders, including resolving valuation and margin disputes with external counter parties, coordinating with BCI’s custodian and agent lender, and monitoring the performance of BCI’s securities lending program. They are a strong role model for their colleagues, with a solutions-oriented mindset and focus on continuous improvement initiatives. They are comfortable adjusting their communication style to a variety of stakeholders they work with and proactively share information, while seeking different ideas when developing solutions.

Investment Operations (IO) delivers institutional-grade capability across cash management, derivatives and collateral, foreign exchange, trade settlement, corporate actions, and custodian oversight. Partnering with BCI's investment teams to design and execute end-to-end solutions that translate investment strategy into operational reality. The department manages this capability entirely in-house, supported by internally built quantitative models, AI-powered liquidity tools, and automated workflows that operate at the forefront of the industry.

The department is organised into three branches:
Investment Services and Settlements;
Markets and Liquidity; and Financial Engineering.

Must have:

• Relevant university degree or diploma (emphasis on Business, Economics, Finance, or related field).

• Professional designation (e.g., CFA, FRM, CA, CPA, MBA, CAIA) or industry accreditation is an asset.

• 3-5 years of progressive, related experience (preferably with a large asset management, investment firm, or banking institution). An equivalent combination of training, education and experience will be considered.

• Good understanding of…