Cash Operations Co-op/internship - Victoria, Canada - BC IMC

BC IMC

Verified Company

Victoria, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

InternshipSHIP

Description

Closing Date:
February 2, 2023

Use your attention to detail and technical skills in a fast-growing company where you can have an impact.

The British Columbia Investment Management Corporation (BCI) is currently seeking a Cash Operations co-op student/intern for the Summer and Fall 2023 work terms (May to December) to learn our daily operations, provide high-level data analytics & insights, and participate in the implementation of a large software project.

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $211.1 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.

WHO YOU WILL WORK WITH
The Cash Operations team is committed to the following mission:

To provide exceptional and proactive service to internal and external clients that adds value and allows our asset managers to focus on earning superior risk-adjusted returns for our external clients. Targeting 100% accuracy, we aim to move money to/from our clients and vendors so that funds are available as and when required. Through strategic innovation, our goal is to execute more quickly, more accurately, with less risk and/or more profitably for our clients.
The co-op student/intern will work under the supervision of a Cash Operations Analyst and will collaborate with the Cash Operations Analyst team (team of 5).
Work will primarily focus on Key Performance Indicator (KPI) reporting and projects, with a secondary focus on day-to-day processing and operations.

WHAT YOU WILL BE DOING- Work under the supervision of a Cash Operations Analyst- Develop conceptual and practical knowledge of investment operations (IO) functions within an asset management company- Gain an in-depth understanding of the cash flow and settlement cycles across different back-office functions, asset-classes, and markets- Contribute to the investment decision process by delivering reliable cash related data to portfolio managers and other functions- Work with various departments and functions including Trade Management and Accounting to resolve cash breaks- Understand the system-to-system integrations and dataflow of various transactions and identify opportunities for improvement- Assist with building and testing of an automated data reconciliation and reporting process- Participate in the Cash Capability Enhancement Project to replace our current Treasury Management System- Prepare and develop monthly Key Performance Indicator (KPI) reports using PowerBI- Opportunity to effect change and introduce new ideas- Other projects, tasks and duties as assigned

REQUIRED SKILLS- In-depth knowledge and understanding of system-to-system integrations best practices, project management frameworks, and data governance concepts- Ability to communicate technical concepts to audiences with varying levels of technical aptitude- Ability to resolve problems and deliver critical information with high degree of accuracy while working under pressure- Basic knowledge and understanding of financial instruments and asset classes- Demonstrated interest in the asset management industry, willingness to contribute to solutions and improve operations processes- Strong independent research skills combined with high attention to detail- Prior experience/training/courses in the following languages/concepts/systems (ordered by relevance to role):

MS SQL, SSMS
Python
MS Excel, VBA, Power Query, Power Automate
Power BI
Data Governance,
Project Management, Kanban, Trello, Jira
BPMN, UML, DFD, Visio
R, Data Vectorization, XML, JSON
Experience with emerging markets investing, commercial banking, or investment operations an asset but not required

WHAT WE OFFER Opportunity to build, improve and streamline current workflows, processes, and systems- Work with a dynamic team in a fast-paced environment- The development of real-world skills at one of the largest institutional investors in Canada- Exposure to some of the most talented, approachable, and inspiring people in the industry- Time to connect with co-op students & interns at BCI - build your network and shared learning- Two paid days per year for volunteering

THE DETAILS- Work term: Summer and Fall 2023 (May to December)- Department: Investment Operations-

Office Location: 750 Pandora Avenue, Victoria, BC- Spend your off hours exploring beautiful Victoria and Vancouver Island- Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location- All co-ops/internships will need to be completed in person at our Victoria office.

We are piloting a hybrid program whereby employees may work from home up to two days per week. Please note,