Senior Analyst, Strategic Asset Allocation

BCI Corporation; Victoria; On-site; CAD 90,000 - 109,000; Full time

Job summary

BCI Corporation is looking for a Senior Analyst to join their Strategic Asset Allocation team in Victoria. Ideal candidates will have strong analytical and communication skills, alongside 2-3 years of relevant experience in investment consulting or portfolio management. This role supports clients in investment strategy, emphasizing collaboration within the investment strategy and risk teams. Benefits include a competitive salary, comprehensive health coverage, and a supportive work environment promoting work-life balance.

Benefits

Performance-based incentive plan

Comprehensive health & dental benefits

Defined benefit pension plan

20 days vacation, plus paid sick and personal days

Option to work from home once a week

Annual wellness allowance

Tuition reimbursement and professional dues support

Relocation support available

Qualifications

• 2-3 years of direct experience in investment consulting, portfolio management, or similar roles.
• Broad knowledge of capital markets and familiarity with all asset classes.

Responsibilities

• Develop ALM studies and strategic asset allocation recommendations for clients.
• Monitor and report on clients' investment strategies regularly.
• Collaborate across teams to enhance existing processes.

Skills

Analytical skills

Communication skills

Problem-solving abilities

Quantitative skills

Financial modeling skills

Education

Undergraduate degree in Finance, Economics, Actuarial Science, Mathematics, Physics, Engineering, or a related discipline

Master’s degree or similar designation (CFA, ASA/FSA)

Job description

BCI is seeking a Senior Analyst to join the Strategic Asset Allocation team.This role is suited for someone withstrong analytical and communication skills, sound judgment, and an interest in developing a long-term perspective on investment strategy.

THE OPPORTUNITY

Reporting to the Manager, Strategic Asset Allocation, this position supports clients on a range of investment-related topics, with a focus on strategic asset allocation.

The role involves close collaboration with teams across investment strategy, risk, and asset classes to deliver Asset-Liability Management (ALM) studies and related analyses.

Success requires a deep understanding of each client’s investment objectives, liability structure, maturity profile, actuarial assumptions, and constraints. Additional responsibilities include producing regular monitoring and reporting, supporting annual investment planning, and contributing to cross-functional initiatives.

THE TEAM

The Investment Strategy & Risk (ISR) department is responsible for setting, implementing, and monitoring the long-term investment strategies of BCI’s clients. Working closely with clients, senior leadership, and asset class teams, ISR defines the strategic direction needed to meet client objectives and ensures the supporting investment structures and processes are in place. The department is organized into four specialized teams : Strategic Asset Allocation, Total Fund Management, Investment Risk, and Growth & Investment Solutions.

The Strategic Asset Allocation (SAA) team develops customized investment policies that reflect each client’s objectives, funding approach, and risk tolerance. The team also conducts macroeconomic research and modeling, including analysis of business cycle dynamics and emerging economic or financial trends—at both the asset class and total fund levels.

WHAT YOU BRING

An undergraduate degree in Finance, Economics, Actuarial Science, Mathematics, Physics, Engineering, or a related discipline

2–3 years of direct experience in investment consulting, portfolio management, or in a similar capacity in the actuarial or financial industries

Strong quantitative and financial modeling skills

Conceptual thinker with strong problem-solving abilities

Broad knowledge of capital markets and familiarity with all asset classes, including alternative and private market assets

Ability to synthesize large amounts of information into actionable conclusions and communicate it to others in a clear, concise, and accurate manner

Ability to work in a fast-paced and team-oriented environment, with shifting priorities and tight deadlines

Ability to work collaboratively across teams to build credibility and strong relationships

Preferred :

Master’s degree,Chartered Financial Analyst (CFA),Associate or Fellow of the Society of Actuaries (ASA / FSA), or a similar designation

PRIMARY RESPONSIBILITIES

Develops ALM studies, strategic asset allocation, and investment policy recommendations for a variety of clients (e.g., pension, insurance, benefit, endowment / foundation)

Regularly monitors and reports on clients’ investment strategies

Increases the efficiency of existing work processes

Assists with investment planning to ensure alignment between client strategies and BCI’s total fund

Assists in managing BCI’s product shelf to ensure a client-focused rationale for the structure of programs and pooled funds

Assists with monitoring client portfolios and recommends asset mix adjustments across multiple client accounts

Supports the development of comprehensive responses to information requests and formal Requests for Proposals (RFPs) related to BCI’s growth initiatives

WHERE YOU WILLWORK

Work from our downtown Victoria office.

SALARY RANGE

BCI offers a competitive total rewards package which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan and paid time off.

The annualized base salary range for this Victoria-based role is CAD $90,000 to $109,000.

The base salary offered to the successful candidate will consider a wide array of factors including but not limited to the individual’s skill set, level of experience applicable to the role they are being offered and consideration to internal equity.

We pay our people competitively in the markets in which we compete 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.

Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.

WHY APPLY TO JOIN BCI

With our values as our anchor, it’s our people that help shape employee-focused initiatives and who create the environment we work in each day – all of which further strengthens our culture. BCI has been recognized as one of – for the sixth consecutive year - and has built programs and benefits to support all our employees, including;

Extended health and dental coverage, start on your first day of work. We have you covered!

Our telehealth provider connects you and your family to virtual healthcare appointments.

Participation in the defined benefit Plan providing a secure retirement income.

Time off includes : 20 days vacation, 6 paid sick days, 6 paid personal days, and 2 paid days for volunteering – to support physical, mental, and community health.

Four days in the office, with the option to work from home once a week, promoting a collaborative work culture and a healthy work-life balance.

Annual wellness allowance to support an active lifestyle as well as physical well-being when working at home.

On-going learning through our in-house mentoring program, professional dues support, tuition reimbursement, and online and in-house learning.

Relocation support is available if a move to BCI’s Victoria, BC office location is required.