InBC Chief Investment Officer

Boyden; British Columbia; On-site; CAD 230,000 - 280,000; Full time

Job summary

An established industry player is seeking a visionary Chief Investment Officer to shape the future of investment in British Columbia. This pivotal role involves leading the development of a strategic investment approach, overseeing a substantial portfolio across various sectors, and ensuring alignment with economic and social objectives. The ideal candidate will possess extensive experience in investment leadership, particularly in venture capital, and demonstrate exceptional communication skills to engage stakeholders effectively. This is a unique opportunity to make a significant impact on the province's economic landscape while driving positive social and environmental change.

Qualifications

• Proven experience in investment leadership and portfolio management.
• Expertise in venture capital and early-stage company management.

Responsibilities

• Lead the development and execution of InBC's investment strategy.
• Oversee all investment decisions and manage a diverse portfolio.

Skills

Leadership

Portfolio Management

Venture Capital Expertise

Communication Skills

Stakeholder Engagement

Education

Bachelor's Degree in Finance or Business

MBA or Relevant Advanced Degree

Job description

Created in 2021 by the Government of BC, InBC Investment Corporation (“InBC”) was established as an independent Crown Corporation with a $500 million strategic investment fund to provide a source of local and long‑term capital for small and medium‑sized businesses. InBC’s vision is to catalyze a more prosperous, sustainable and inclusive future for British Columbians with a unique investment approach—focusing on opportunities that align with its investment themes and provide measurable financial outcomes as well as social or environmental impact.

InBC began operations three years ago, with a focus on establishing the initial strategy, policies, framework, and infrastructure needed for the ‘start‑up’ organization. With this foundation now in place, the organization has arrived at an exciting stage in its evolution and is now seeking a new Chief Investment Officer (CIO) who will renew the vision and execute InBC’s investment strategy, delivering on its economic objectives and triple bottom line mandate. Working in strategic collaboration with the CEO, the CIO will lead the development of the investment strategy and have autonomy in all investment decisions, operating within the guardrails of the Investment Policy Statement (IPS) which is reviewed annually, and as defined by the Ministry and InBC’s Board of Directors.

The CIO will be responsible for all investment decisions – overseeing a small team responsible for sourcing, assessing and structuring all investment opportunities. They will be tasked with building and overseeing a complex and substantial investment fund portfolio encompassing multiple sectors and companies of varying sizes and growth stages within BC. Success will be measured by the achievement of financial targets as well as non‑financial impact objectives. Ultimately, InBC is looking for a highly strategic and experienced CIO who can advance the investment strategy, manage the existing portfolio—including providing counsel and advice to current investees—and identify new sectors and investment opportunities where InBC can serve as a lead or co‑lead. In this key leadership position, the CIO will also work closely with the CEO and other members of the leadership team including the CFO and General Counsel on the overall organizational strategy.

The ideal candidate is an experienced investment and people leader with leadership and portfolio management experience in both direct and fund investments. Specific venture capital expertise and experience managing a portfolio of early‑stage companies to achieve optimal returns while managing risk is essential. The new CIO must bring exceptional communication and influencing skills—able to engage with a variety of stakeholders and position InBC as a leader in the ecosystem. Highly strategic and visionary, the CIO must possess the credibility, leadership, and conviction that can focus InBC’s efforts and inspire confidence in its shareholders, the public, potential investees and capital partners.

This is an incredible opportunity to shape the future of an organization that will make a significant and lasting impact on the province of BC. For an investment professional who is truly passionate about British Columbia, Canada, and the importance of making positive social, environmental and economic differences in the province, this is a unique and impactful opportunity.

To explore this opportunity further, please click Apply.

In accordance with BC’s Pay Transparency Act, the expected base salary range for this role is $230,000-280,000 plus incentive compensation and benefits but may vary based on the successful candidate.

We thank all applicants for their interest in this position. Please note that we will only be in contact with those individuals moving forward with our client.