Transactions & Total Portfolio Risk Co-op/ Internship (Fall 2026 & Winter 2027)

Closing Date: May 31, 2026

Use your risk management skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking a Transactions & Total Portfolio Risk Co-op student/Intern for the Fall 2026 & Winter 2027 work terms to provide risk initiatives in both Public and Private Markets Risk Management.

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of gross assets valued at $295 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.

The Transactions & Total Portfolio Risk Co-op/Intern will work within our Investment Strategy & Risk department. This is a fantastic opportunity for you to learn and assist the Transactions & Total Portfolio Risk Team in the development of the risk factor attribution for public equity portfolios, the design and production of risk dashboards (both public and private), the enhancement of risk evaluation analytics/processes, and various other ad hoc projects (e.g., what-if analysis). The team has risk expertise from risk roles with world-class global financial institutions. 

WHO YOU WILL WORK WITH

You will work with the Transactions & Total Portfolio Risk team within the Investment Strategy & Risk department. The Investment Strategy & Risk (ISR) department plays a key role in setting, implementing, executing, 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 four branches: Strategic Asset Allocation, Total Fund Management, Investment Risk, and Growth & Investment Solutions.

Strategic Asset Allocation advises clients on their investment policies needed to achieve their investment objectives within risk tolerances. This is supported through a dedicated research function which assesses macro-economic issues to determine opportunities and risks which influence client policy recommendations. This includes regular, proactive communication, tailored client services, and a commitment to transparency, ensuring BCI remains clients' trusted investment manager of choice.

Total Fund Management advises the CIO on portfolio efficiency and effectiveness by integrating and centralizing critical functions related to the efficient flow of capital. This is achieved through implementing a suite of total portfolio solutions, such as rebalancing, and for setting pool, asset class, and total fund measures of success, including benchmarks and performance objectives. Through investment planning activities, this branch aligns client policies with BCI’s business plans, followed by implementing client allocations among BCI’s asset classes.

Investment Risk focuses on the measurement and management of the asset class, total portfolio, and client investment risks. This is achieved through advising clients on appropriate investment strategies based on their risks and tolerances for those risks, understanding exposures to investment risks across BCI’s assets so that risks are mitigated appropriately relative to expected returns, and better equipping our asset classes and our clients to identify, assess, and seize opportunities in potential investment risks.

Growth & Investment Solutions is responsible for stewarding BCI’s growth ambition, with an overarching goal of delivering net benefits to BCI’s existing clients. This includes efforts to support BCI’s clients in their own growth, devel

WHAT YOU WILL BE DOING

• Assist in performing industry and company research (private equity, Infrastructure, Private Credit, etc.)

• Provide support in responding to requests other teams/departments in BCI

• Assist with the production of risk assessments for potential new investments

• Assist with what-if analysis for new deal/product/instrument

• Assist in the development/production of dashboards for asset classes and the BCI total fund

• Help validate and document data procedures to ensure accuracy and consistency with projects specifications

REQUIRED SKILLS

• Students in graduate programs such as Risk Management, Finance, Statistics, Economics, Business etc. are preferred

• B+ equivalent cumulative GPA

• Familiarity with various financial instruments

• Has relevant prior co-op experience at a bank or investment firm

• Demonstrates an ability to gather and process large amount of data and information and present it in a concise manner

• Demonstrates an extremely strong work ethic and displays initiative to strive to deliver value above and beyond the job description

• Proficiency in Python and SQL; experience with Claude Code or similar AI coding tools

• Exhibit a high level of professionalism and excellent interpersonal skills

• Participates in a student investment club or other investment case competitions

• Have a passion for investment management, a dedication to challenging work, commitment to the highest ethical standards, and an eagerness to learn

• Analytical and problem-solving abilities

WHAT WE OFFER

• Excellent career development and training by helping the candidate to understand the tools, the data and the methodologies applied by financial institutions to manage their exposure to credit risk

• 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 co-op students & interns at BCI – build your network and shared learning

• BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments

• 2 paid days per year for volunteering

• Competitive pay: $2,330.00 gross bi-weekly + vacation leave paid based on 6% of salary

• Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location

THE DETAILS

• Work term: Fall 2026 (September-December) or Fall 2026 & Winter 2027 (September-April)

• Department: Investment Strategy & Risk

• Office Location: 750 Pandora Avenue, Victoria, BC

• Spend your off hours exploring beautiful Victoria and Vancouver Island

• All co-ops/internships will need to be completed in person at our Victoria office with the option to work one day per week from home. Please note, some positions are not eligible for hybrid work.

HOW TO APPLY

• Apply directly to the Transaction & Total Portfolio Risk Co-op/ Internship posting on our careers page https://bci.wd10.myworkdayjobs.com/BCI_Careers

• Application deadline: May 31st, 2026 at 11:59pm PDT

• Please upload a cover letter, resume, and transcripts (unofficial transcript will suffice)

• Note: We welcome applications from all qualified candidates who are interested in applying for this role. You will need to be legally authorized to work in the country where this job is located. If you currently do not have authorization or if your work permit, study permit, or visa has restrictions or is due to expire during the work term, you may not be eligible for this opportunity.

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful.

We are performance and client focused and value integrity; if you share these values, we want to know you. 

We recognize that some skills can be learned on the job and encourage all to apply.

If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at co-op@bci.ca.

We would like to hear from you!