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BDC

ASSOCIATE, DEFENCE DEEP TECH VENTURE FUND

Posted Yesterday
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In-Office
4 Locations
Mid level
In-Office
4 Locations
Mid level
The Associate will evaluate deals for BDC Capital's Defence Deep Tech Venture Fund, involving due diligence, financial modeling, and portfolio management while connecting stakeholders in the deep tech ecosystem.
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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.

Choosing BDC as your employer also means:

  • 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

POSITION OVERVIEW

BDC Capital’s Defence Deep Tech Venture Fund is part of BDC's Defence Platform. It will invest in early-stage ventures, which develop deep technologies that transform how business is done across multiple sectors. The fund will invest exclusively in companies with a defence or dual-use strategy. In addition, the Defence Deep Tech Venture Fund will act as a leader in the Canadian VC ecosystem, connecting key stakeholders across the deep tech value chain to leverage non-dilutive sources of funding, procurement and tech development support. Main sectors of focus would include, but are not limited to: Quantum, Foundational AI, Photonics, Autonomy, Electronics and Materials.


The Fund would work closely with various departments across the federal government to help provide them with a market watch function, while accessing technical expertise & government labs. The Fund will also build and maintain solid working relationships with key ecosystem stakeholders, including accelerators and incubators.

 

Associates join one of our teams as an early specialist in investment finance, to lead parts of the process of evaluating potential deals and of managing BDC Capital’s current portfolio.

 

 

CHALLENGES TO BE MET  

Deal Sourcing

  • Maintain involvement in associations within the investment community, and keep abreast of significant developments, activities, and initiatives in the industry

  • Analyze underlying portfolio of partner funds to identify promising opportunities for follow-on investments and track upcoming fund raises

  • Perform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companies

Deal Making

  • 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 exist 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

  • Analyze technical documentation and/or work with technical consultants to evaluate technologies, products, and services

  • Conduct reference calls with competitors, clients, industry experts, and prospect company’s current or past employees

  • Develop and maintain appropriate information resources and subject matter expertise in various industries, markets, and business trends

Portfolio Management & Support

  • Monitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to management

  • Participate occasionally in investee board meetings as an observer, keeping abreast of developments and escalating relevant information to Partners

  • Assist investees with introductions to potential suppliers, investors, and employees

Platform Building

  • 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

WHAT WE ARE LOOKING FOR

Typical Background

  • 3 to 5 years of experience in a role involving structured thinking, financial analysis, and technical expertise. These profiles are likely to come from, but are not limited to:

    • Finance roles: venture capital, private equity, investment bank, accounting firm

    • Operator roles: technology startup, industry-leading corporation, industry specialist

    • Advisory roles: consulting, law, corporate strategy, corporate development

  • Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills

  • A post-graduate degree or equivalent certification, completed or in course, is valuable. Typical post-graduate credentials are likely to be, but are not limited to:

    • Master’s in business administration (MBA)

    • Other STEM Master’s or PhD degree

    • Chartered Financial Analyst (CFA)

Technical Knowledge

  • Good skills in Excel, particularly in building financial models that include sensitivity analysis and scenario modeling, as well as performing data analysis. Any other analytic tools and techniques are an asset

  • Good ability to problem-solve using structured thinking and communication techniques

  • Good ability to use other MS-suite applications efficiently, mainly Word and PowerPoint

  • Ability to intervene pertinently in the context of a presentation to executive audiences

  • Ability to write an Investment Memo that is clear, concise, and eloquent

  • Any technology skills with wide application, such as coding, chemistry, electronics are an asset

  • Operational knowledge of any technical industry is an asset

  • Bilingualism in French and English is an asset

Behavioral Traits

  • Supportive, helpful attitude – willingness to proactively identify gaps and jump-in to fill them

  • Motivation and ability to do focused, independent work, in the context of a team

  • Ability to work collaboratively and build positive relationships with stakeholders

  • Continuous learning attitude, with maturity to take feedback constructively

  • Openness to share knowledge and advice with less experienced colleagues

  • Comfort working in a fast-paced environment, where objectives must be met within tight deadlines

 


Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at [email protected].

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.

Top Skills

Excel
Ms Powerpoint
Ms Word

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