Investment Risk Modeling 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:
June 1, 2023

Use your research and analytical skillsets combined with your curiosity in a fast-growing company where you can have an impact.

British Columbia Investment Management Corporation (BCI) is currently seeking an Investment Risk co-op/intern for the Fall 2023 work term (September to December) to support our Investment Risk Modeling and Public Markets Risk team.

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

You will work with the Investment Risk Modelling and Public Markets Risk Management group within the Investment Strategy & Risk department.

The Investment Strategy & Risk (ISR) department plays a key role in setting, implementing, and monitoring the long-term strategies of BCI's clients.

This is accomplished by working with clients, management and asset classes to define the optimal path to achieve clients' outcomes, and enabling BCI's investment structures and processes necessary to fulfill these outcomes.

ISR consists of three branches:

Strategic Asset Allocation, Total Fund Management, and Investment Risk.- Investment Strategy includes the maintenance of a framework for understanding and estimating variable risk premiums over relevant time periods, research of relevant macro-economic issues including assessment of the current business cycle dynamics and research of emerging economic or financial trends, opportunities and risks, all at an asset class and total fund level.- The Strategic Asset Allocation branch assists clients with developing tailored investment policies that achieve their investment objectives consistent with their investment philosophies, funding policies and risk tolerances.- Investment Risk includes the maintenance of systems for monitoring, measuring and estimating various forms of relevant investment risks across the various asset classes that BCI currently invests or may invest in and aggregating that risk at a total fund level.

WHAT YOU WILL BE DOING- Supports the monitoring of day-to-day operations regarding market and counterparty risks- Assists in the risk management oversight of the public markets asset class by preparing relevant reports, analysis, and tools to measure the risks- Takes part in developing risk-reporting templates- Participates in documenting manuals, procedures, and directives- Ad-hoc projects in VBA, Python and/or Matlab

REQUIRED SKILLS- University Degree with courses offering strong foundations in financial risk management and investment management.- A fundamental knowledge of basic business and investment related disciplines is essential- Ability to communicate clearly and concisely, both orally and in writing- Exhibit a high level of professionalism and excellent interpersonal skills- Strong relationship-building ability, proactive, results oriented, and resourceful- Ability to meet deadlines by delivering with excellent product quality and attention to detail- Have a passion for investment management, a dedication to hard work, commitment to the highest ethical standards, and an eagerness to learn- Analytical and problem-solving abilities- Sound working knowledge of Excel- Familiarity with Python, Bloomberg, SQL, MatLab and/or VBA would be an asset

WHAT WE OFFER 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- The ability to opt-in for access to- Dialogue
- , a user-friendly app that offers virtual primary care, employee and family services, and mental health supports

Time to connect with coop students & interns at BCI build your network and shared learning 2 paid days per year for volunteering
BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments

THE DETAILS- Work term: Fall 2023 (September to December)- Department: Investment Strategy & Risk-

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, some positions are not eligible for hybrid work.

HOW TO APPLYApplication deadline:
June 1, 2023 at 11:59 pm PT- Please in