Senior Manager, Valuations

BCI; Victoria; On-site; CAD 125,000 - 150,000; Full time

Job summary

British Columbia Investment Management Corporation (BCI) seeks a Senior Manager of Valuations to lead private investment valuations across Private Equity, Infrastructure and Private Credit from Victoria, BC. You will apply DCF, market multiples and income approaches, and partner with asset class teams, external valuators, auditors and the Valuation Committee.

The role emphasizes governance, technology and AI to improve efficiency, develop direct reports, and communicate complex matters to senior

Qualifications

• Senior valuations professional with demonstrated expertise in illiquid asset valuation methods (DCF, market multiples, income approaches).
• Experience across infrastructure, private equity, private debt and real assets.
• Excellent analytical, business and communication skills for senior management and committees.

Responsibilities

• Lead BCI's private investment valuation processes across Private Equity, Infrastructure and Private Credit.
• Apply technical judgment on complex fair value matters within a high-governance environment.
• Engage with asset class teams, external valuators, auditors and the Valuation Committee.
• Develop direct reports and champion technology and AI to improve governance and efficiency.

Skills

Valuations expertise

DCF valuation

Market multiples

Infrastructure valuation

Private equity

Job description

With nearly $300 billion of gross assets under management, British Columbia Investment Management Corporation (BCI) is one of the largest institutional investors in Canada. Since its inception in 2000, BCI has grown significantly and is now regarded as one of the most influential financial institutions globally, investing across a broad range of asset classes and strategies in both public and private markets. Today, BCI employs more than 750 people across offices in Victoria, Vancouver, New York and London, and continues to be recognized as one of Canada’s Top 100 Employers, Canada’s Top Family-Friendly Employers, Canada’s Top Employers for Young People and BC’s Top Employers.

As BCI continues to grow, both geographically and in new investment types, the complexity of its valuations work also increases. Specifically, BCI’s internalization of asset management and the growth in the volume and size of private asset transactions have only increased the importance of the valuations function within BCI. An opportunity now exists for a senior valuations and finance professional to join this world-class team.

Reporting to the Director, Valuations, the Senior Manager executes BCI's private investment valuation processes across Private Equity, Infrastructure and Renewable Resources, and Private Credit. The role applies technical judgment on complex fair value matters within a high-governance institutional environment, and engages broadly across asset class teams, Client Reporting, Performance, and Investment Accounting. The role manages external valuator relationships, develops direct reports, and champions technology and AI to enhance efficiency and governance. Day-to-day, the Senior Manager will engage with BCI's private markets asset class teams, external valuators, auditors, and the Valuation Committee. The Valuations team operates at the intersection of investment management and financial reporting – a high-visibility function within Finance.

The ideal candidate will be an experienced valuations professional who brings demonstrated expertise in valuation methodologies for illiquid assets – DCF, market multiples, and income approaches across infrastructure, private equity, private debt, and real assets. Exceptional analytical skills, business acumen, and relationship-building skills will be required, as is the ability to communicate complex valuation matters with clarity and conviction to senior management and committee audiences.

The role is based in BCI’s office in Victoria, BC, and the Senior Manager will have a chance to join a world-class organization and culture, which has been recognized as One of Canada’s Top 100 Employers for 7 consecutive years. BCI is also one of the industry’s fastest-growing organizations, which will present significant learning and growth opportunities for a motivated candidate. This is a fantastic and rare opportunity to join an industry leader, work with a world-class team, and work on interesting and complex investments on a global scale.

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.

• performance-based incentive plan
• comprehensive health & dental benefits
• a defined benefit pension plan
• paid time off

The annualized base salary range for this role based in Victoria is CAD $125,000-$150,000

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.

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.