ANALYST / SENIOR ANALYST - SEED VENTURE FUND

Business Development Bank of Canada; Toronto; Hybrid; CAD 90,000 - 140,000; Full time

Benefits offered by this job

Wellness & health spending account

Defined Benefit Pension Plan

Paid vacation

Personal days

Job summary

Business Development Bank of Canada (BDC) Seed Venture Fund is seeking a hands-on operator to manage daily fund operations and support portfolio companies across go-to-market, product, hiring, and financial modeling. You will identify high-potential startups, perform due diligence, and report on portfolio progress with analytical rigor.

You should bring startup ecosystem savvy, strong communication, and data-driven decision making, with experience spanning product, engineering, or investment

Qualifications

• 5 years of experience in roles involving critical thinking, product/engineering, financial analysis, and/or other technical expertise.
• Bachelor's degree in science, technology, engineering, mathematics, commerce, or economics.
• Post-graduate degree or equivalent certification is valuable (MBA, CFA, CPA).

Responsibilities

• Identify new and interesting entrepreneurs and companies aligned with our areas of interest.
• Perform market research and due diligence for potential investments.
• Report on our portfolio companies with semi-annual updates.
• Work with existing portfolio companies on go-to-market, product, hiring, financial modeling, and research.
• Execute projects to build our platform and improve operations.

Skills

Startup ecosystem

Communication

Business instincts

Interpersonal skills

Data-driven thinking

Excel modeling

Technical mix (software/hardware/AI/ML

Education

Bachelor's degree in STEM/commerce/economics

Post-graduate degree or certifications (MBA/CFA/CPA)

Tools

Excel

Job description

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

The BDC Seed Venture Fund is an early-stage venture capital fund that seeks to invest in the next generation of built-in-Canada global leaders. The fund works with companies across all seed-stages, from as early as inception, and collaborates deeply with early-stage ecosystem stakeholders including accelerators, incubators, and angel groups. Thematic areas of interest include sectors that are poised to be transformed in the coming decade including industrials/agriculture, climate/sustainability, defense, and computing, although we like to invest at the edges and therefore remain open to investing across all emerging trends and technologies. Post-investment the team works closely with portfolio companies and leverages its experience and networks to assist across company operations including go-to-market, hiring, fundraising, and helping portfolio companies become Series A ready.

Who you are

You are someone who wants to be a great partner to founders, someone who will be both a thought-partner and will get their hands dirty to help founders solve their most pressing problems. You are an independent thinker and can build conviction in the midst of incomplete information. You thrive connecting with others, you are collaborative, and like to teach and learn from peers. You're hungry and motivated to drive impact for your team and the founders you work with.

Your primary responsibility will be helping to manage the daily operations of the fund, including:

• Identifying new and interesting entrepreneurs and companies that align with our areas of interest
• Performing market research and due diligence for potential investments
• Reporting on our portfolio companies, including preparing semi-annual updates
• Working with existing portfolio companies, including helping with go-to-market, product, hiring, financial modeling, and research
• Executing projects of your own creation that will help build our platform, improve our operations, or support our portfolio companies

WHAT WE ARE LOOKING FOR

• Native understanding of the startup ecosystem and awareness of emerging technology trends
• Strong written and oral communication skills
• Good fundamental business instincts – you see the full picture of a business and how all the functions work together
• Strong interpersonal skills – you'll often be talking to entrepreneurs and other investors
• Data-driven thinking and good Excel modeling skills
• Ideally, prior design or engineering experience (either software or hardware) or work in an investment-related position
• Technical skills in either category or ideally a mix of both: software/hardware/AI/ML or product/sales/operations/GTM

What we'd like to know:

• Why do you want to be in VC, why seed-stage, why now?
• What areas are of interest to you when it comes to investing and why?
• What is an example of a time you went above and beyond, or saw around a corner, for a customer? (A customer could be in the true sense of the word, or an internal stakeholder who was relying on your work)
• What is an example of an initiative you took or side project you've worked on outside of work or school?

Typical Professional Background

• 5 years of experience in a role involving critical thinking, product/engineering, financial analysis, and/or other technical expertise.
• Bachelor's degree in science, technology, engineering, mathematics, commerce, or economics.
• Philosophy and psychology also viable with demonstrated technical aptitude.
• A post-graduate degree or equivalent certification is valuable, including but not limited to: Master's in business administration (MBA), other STEM Master's or PhD degree, Chartered Financial Analyst (CFA), Chartered Professional Accountant (CPA).

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 [e-mail]. While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted. BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. The only institution whose purpose is to promote the growth of the Canadian economy by focusing on the success of small and medium-sized businesses, with a human touch and a genuine presence. At BDC, we're changing people's and businesses' lives for the better. That's what makes us unique as a bank. That's why we are banking at another level.