Associate/Senior Associate (Listed Infrastructure)

British Columbia Investment Corporation; Victoria; On-site; CAD 120,000 - 150,000; Full time

Benefits offered by this job

Performance-based incentive plan

Comprehensive health & dental benefits

Defined benefit pension plan

Paid time off

Job summary

British Columbia Investment Management Corporation (BCI) seeks an Associate or Senior Associate to join the Infrastructure & Renewable Resources team in Victoria, BC. You’ll contribute to sourcing, evaluating, executing and monitoring infrastructure investments, with a focus on publicly traded opportunities, and gain exposure to global markets.

Ideal candidates have 3+ years in infrastructure investing or related fields, strong financial modelling and valuation skills, and the ability to work

Qualifications

• Undergraduate degree or MBA; CFA is an asset.
• 3+ years of experience in infrastructure investing, IB, or equity research.
• Financial modelling, valuation, and analytical expertise.
• Excellent communication, sound judgment, and a passion for investing.
• Ability to build relationships and contribute in a collaborative team.

Responsibilities

• Conduct industry, company, and investment research across global infrastructure markets.
• Evaluate direct investment opportunities through financial analysis and due diligence.
• Assess asset performance, competition, management quality, and value drivers.
• Support transaction execution, including due diligence and modelling.
• Monitor portfolio investments and contribute to investment theses.
• Prepare valuation analyses and portfolio reporting materials.
• Contribute to long-term portfolio strategies and tactical investments.
• Support sourcing and relationship-building across infrastructure markets.

Skills

Financial modelling

Valuation analysis

Investment research

Analytical thinking

Communication skills

Education

Undergraduate degree or MBA

CFA credential (asset)

Job description

About Us

With $313.7 billion of gross assets under management, as of March 31, 2026, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries. Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, London, and Mumbai. BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients’ risk and return requirements. Our people shape employee-focused initiatives, creating a strong culture. To learn more about our culture and values, visit our BCI Values in Action page. Join BCI's Listed Infrastructure team at an exciting stage of growth. You'll be part of a global strategy with significant capital to deploy, backed by the scale, experience, and long-term perspective of a leading institutional investor. The role includes a performance-based incentive plan and is based in Victoria, BC, where you'll enjoy year-round access to the outdoors in Canada's mildest climate.

POSTING CLOSE DATE: Open Until Filled

THE OPPORTUNITY

The Associate/Senior Associate is a member of the team's investment group and contributes to the sourcing, evaluation, execution, and monitoring of infrastructure investments, with a focus on publicly traded infrastructure businesses. The role provides exposure to global infrastructure investment opportunities and the opportunity to work alongside experienced investors in a collaborative team environment. The ideal candidate will bring strong corporate finance and investment analysis capabilities, sound judgment, intellectual curiosity, and a long‑term investment mindset. The position may be filled at either the Associate or Senior Associate level, depending on experience.

WHO YOU WILL WORK WITH

On behalf of BCI’s clients, the Infrastructure & Renewable Resources (I&RR) team invests globally in infrastructure assets and businesses that provide stable long-term investment returns. BCI’s I&RR portfolio has $32+ billion in AUM and ranks as the ninth largest institutional infrastructure investor globally. The portfolio spans a range of sectors including energy, transport, utilities, and data infrastructure as well as tangible assets such as timberland and agriculture. I&RR seeks meaningful investments predominantly in private companies that allow us to pursue an active management and governance approach. The team invests in a variety of capacities in private markets including as a sole sponsor, co‑sponsor, and very selectively through externally managed funds. In addition, I&RR takes positions in listed infrastructure businesses as well as debt investments as complementary strategies to private markets investments. In 2023, the I&RR team established their first international presence with the inauguration of their London, U.K. office. The new London office serves as a strong platform for the team to originate and manage investments in the U.K. and European markets, further solidifying BCI's commitment to global expansion and diversification.

WHAT YOU BRING

• Undergraduate university degree or completion of an MBA, CFA is an asset
• Minimum 3+ years of experience in infrastructure investing (public or private markets), investment banking, or equity research
• Financial modelling, valuation, and analytical expertise
• Excellent communication skills, intellectual curiosity, sound judgment, and a passion for investing
• Ability to build effective working relationships and contribute in a collaborative team environment

WHAT YOU WILL DO

• Conduct industry, company, and investment research across global infrastructure markets
• Evaluate direct investment opportunities through financial analysis, valuation, due diligence, and investment research
• Assess investment opportunities, including historical asset performance, competitive positioning, management quality, and key value drivers
• Support transaction execution, including due diligence, financial modelling, and investment recommendations
• Monitor portfolio investments and contribute to investment theses, performance assessments, and portfolio reviews
• Prepare valuation analyses and portfolio reporting materials
• Contribute to the development of long-term portfolio strategies and tactical investment initiatives
• Support sourcing, origination, and relationship‑building activities across infrastructure markets
• Collaborate with internal and external stakeholders, including management teams, advisors, and investment partners
• Travel, as required, to support due diligence, transaction execution, and portfolio oversight

WHERE YOU WILL WORK

This role will be based in our office in downtown Victoria, BC.

Salary Range

The annualized base salary range for this Victoria-based role is CAD $120,000 - $150,000.

Benefits

• Performance-based incentive plan
• Comprehensive health & dental benefits
• Defined benefit pension plan
• Paid time off

We welcome all qualified candidates who are legally authorized to work in the country where this job is located.

If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at [e-mail].

BCI does not accept unsolicited resumes or candidate submissions from third-party recruitment agencies, executive search firms, or staffing suppliers unless they have an existing contractual agreement with our organization. Our approved vendor relationships are established for particular recruitment requirements and do not extend to general job postings on our website or other platforms. Any candidate information or resumes submitted by suppliers not approved by BCI will be deemed unsolicited and will not be reviewed or considered.

BCI will not be liable for any fees, commissions, or charges related to unsolicited candidate submissions or recruitment services.

BCI has been recognized as one of Canada’s Top 100 Employers – for the sixth consecutive year – and has built programs and benefits to support all our employees.

To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity, & inclusion and the recruitment process visit our BCI Careers Page.

BCI will pay its people competitively in the markets in which it competes for talent and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance. The philosophy is principles‑based and emphasizes pay-for-performance, long‑term results, and meeting clients’ expectations.

Our people help shape employee‑focused initiatives and create the environment we work in each day – which further strengthens our culture.

To learn more about our employee experience, visit our BCI Values in Action.

There you will see how feedback from our employees was used to articulate our Employee Value Proposition (EVP), composed of three pillars: Performance with Purpose, Built on Collective Expertise, and Accelerating Innovation.