Job Opportunity
Associate – Growth Equity
BDC Capital | Toronto, Canada
Job Summary
Collaborate in the evaluation and assessment of new and follow-on investments. Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or a related field. 1+ years of experience in investment banking, private equity, equity research, strategic consulting, corporate development, or corporate finance.
Details
At BDC, we help Canada and its entrepreneurs create a prosperous, inclusive and green economy. Our mission is to help Canadian businesses thrive by providing financing, capital and advisory services. We’re devoted to Canadian entrepreneurs. We’re also dedicated to our employees. Adaptable. Inspiring. Different. There’s a reason we like to work here, and we think you’ll like it too. Join BDC and help make a difference!
Diversity. Equity. Inclusion. They’re more than just words for BDC. These concepts are foundational to our success and to our ability to attract, retain, mobilise and develop the right talent, as well as to offer a healthy, professional and collaborative environment. We are committed to cultivating and preserving an environment where all employees can thrive, and, for over a decade, we have been recognised as one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers.
Position Overview
BDC is a Crown Corporation and the only bank devoted exclusively to entrepreneurs. It provides access to financing, capital, and advisory services to help Canadian businesses grow and succeed. For over 75 years, BDC’s purpose has been to support entrepreneurs in all industries and at all stages of growth. BDC Capital is the investment arm of BDC, serving as a strategic partner to Canada’s most innovative and high-potential firms. With over $3 billion under management, BDC Capital offers a full spectrum of risk capital, from seed investments to flexible growth capital to support Canadian entrepreneurs who wish to scale their businesses into global champions. More information can be found at https://www.bdc.ca/en/bdc-capital.
BDC Capital’s Growth Equity Partners division was formed to partner with small-to-medium sized Canadian companies as a minority equity investor by providing equity capital and strategic support to: (i) facilitate partial liquidity for the entrepreneur, (ii) support organic or acquisitive growth, and/or (iii) enable ownership transitions in order to keep Canadian companies growing nationally and internationally, and to become global leaders in their field. Since formation in 2016, the team has grown to 15 professionals nationally managing a growing portfolio of 26 equity investments.
With increasing growth and the launch of our $250 million Fund II bringing the total amount under management to $440 million, BDC Capital’s Growth Equity Partners is seeking an Associate to join its growing team in Toronto. The successful candidate will work in small transaction teams and gain significant knowledge and experience across numerous industries and deal structures, while being an active contributor to the success of the team and organisation.
Challenges to Be Met:
* Collaborate in the evaluation and assessment of new and follow-on investments including the process of sourcing and screening new investments, conducting due diligence, performing industry research and providing support to existing portfolio companies
* Conduct business plan reviews, manage communications with entrepreneurs, management teams, and financial advisors, and prepare initial investment thesis, memoranda and recommendations to pursue or decline investment opportunities.
* Conduct research and analysis on markets, ecosystems, financial forecasts, management, competition, among others. This involves talking to competitors and clients, analysing research reports, interviewing and gathering information from industry experts, working with technical consultants to evaluate business models and technologies, and building valuation models, financial forecasts, comparable and precedent transaction analyses, and sensitivity analyses
* Support portfolio companies by monitoring performance, providing financial, forecasting and statistical analyses, identifying potential strategic and tactical opportunities and risks, and working alongside senior management to develop governance and reporting
* Assist in managing the deal pipeline and portfolio dashboard, producing quarterly/semi-annual reports, providing financial analysis on the overall portfolio and supporting the Partners and Managing Partner with internal presentations
* Take ownership of the deal submission process through BDC’s CRM and proprietary internal platform
* Attend trade shows, investment conferences, and other events pertinent to business development
What We Are Looking For
With outstanding dynamism and integrity, the ideal candidate will be an integral part of the investment team and will provide support throughout the entire deal process, gaining direct exposure to sourcing and reviewing deals, completing due diligence, negotiating legal agreements, creating value through post-closing initiatives and collaboration with portfolio companies, and so much more.
If you can answer YES to the following questions, you may be just the person we are looking for:
* Do you have Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or a related field, and even better, a professional designation, with distinguished academic performance?
* Do you have 1-3 years of experience in investment banking, private equity, equity research, strategic consulting, corporate development, or corporate finance?
* Do you have strong analytical, statistical, modeling, business valuation, research and accounting skills?
* Do you have good knowledge of the private equity and debt financing markets?
* Do you have experience in mergers and acquisitions, and conducting business, commercial, and financial due diligence?
* Are you comfortable operating in a dynamic, fast-paced environment and challenging status quo, recommending change, and adopting best practices?
Click here for details on this job
- Min Education: BA/BS
- Min Experience: 1 years