Settlements Co-op/Internship (Winter and/or Summer 2027)

British Columbia Investment Management Corporation; Victoria; Hybrid; CAD 56,000 - 65,000; Full time

Job summary

British Columbia Investment Management Corporation (BCI) invites applications for a Settlements Co-op Student/Intern for the Winter term (January–April). You will join the Settlements team within Investment Operations to learn trade settlement, corporate actions, and cash management while sharpening analytics and project management skills in a fast-growing environment.

You will work in Victoria, BC, with in‑person requirements and occasional remote work.

Qualifications

• Fundamental knowledge of finance, business and investment disciplines.
• Clear written and spoken communication.
• Professional interpersonal skills and teamwork.
• Ability to meet tight deadlines and prioritize tasks.
• Interest in operational investment management and ethics.
• Strong problem solving abilities and attention to detail.
• Proficiency with MS Office; Bloomberg experience is a plus.
• Prior co-op/intern experience or exposure to capital markets preferred.

Responsibilities

• Monitor, review, reconcile and analyze high volume financial transactions for trade settlement.
• Assist with various projects under supervision of the Settlements Associate.
• Contribute to Settlements initiatives and identify process inefficiencies.
• Develop knowledge of internal systems relevant to settlements.
• Support departmental initiatives and build cross-team relationships.
• Collaborate with Investment Operations teams and other departments.

Skills

Finance knowledge

Communication

Teamwork

Attention to detail

Co-op experience

MS Office

Power BI

Bloomberg

Deadline prioritization

Tools

MS Office

Excel

Power BI

Bloomberg

Job description

Closing date: October 1, 2026 Use your project management and business analytics skills in a fast-growing company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking a Settlements Co-op Student/Intern for the Winter term (January to April) to work with our Settlements team.

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $313.7 billion and is one of Canada’s largest institutional investors. We invest globally to support pension and other funds for more than 30 clients based in British Columbia. We are proud to have been chosen as one of Canada’s Top 100 Employers and BC’s Top Employers. These national and provincial competitions recognize employers who offer exceptional workplaces for their employees.

The Settlements co‑op/intern will work within our Investment Operations, Investment Services and Settlements vertical. This is a great opportunity for you to gain a broad understanding of investment industry operations and financial market transactions, while sharpening your analytical and project management skills.

WHO YOU WILL WORK WITH

Investment Operations (IO) is comprised of two verticals: Investment Services and Settlements, and Markets and Liquidity. These teams support trade settlement, manage corporate actions, daily cash flows, provide technical support to all BCI and administer derivative processing and collateral management for the Corporation.

WHAT YOU WILL BE DOING

• Monitor, review, reconcile and analyze a wide variety and high volume of financial transactions to provide timely, accurate and efficient trade settlement for all asset classes in support of pooled accounts, individual accounts, portfolio managers, and departments of BCI.
• Work under the supervision of the Associate, Settlements, to assist with various projects.
• Assist with Settlements Team initiatives and identify and resolve inefficiencies in current Settlements processes.
• Develop knowledge of relevant internal systems.
• Facilitate departmental initiatives, as required.
• Build and maintain collaborative, supportive relationships with team members of Investment Operations and various departments’ key operational personnel.

REQUIRED SKILLS

• A fundamental knowledge of finance, business and investment‑related disciplines is essential.
• Ability to communicate clearly and concisely, both orally and in writing.
• Exhibit a high level of professionalism and excellent interpersonal skills.
• Ability to work effectively in a close interdependent team environment.
• Ability to meet tight deadlines and prioritize.
• Strong attention to detail.
• Interest in operational investment management, commitment to the highest ethical standards and an eagerness to learn.
• Strong problem‑solving abilities.
• Proficient in MS Office (Word, PowerPoint, Outlook and Excel, Power BI – including the ability to use involved formulas and macros); Bloomberg experience is an asset.
• Previous work/intern/co‑op experience or exposure to capital markets is preferred.

WHAT WE OFFER

• The opportunity to learn international trade settlement, security lending and corporate action processes.
• Working closely with multiple operational teams, asset class teams and IT teams.
• Training by experienced Settlements staff.
• Work with a dynamic team in a fast‑paced environment.
• The development of real‑world skills at one of the largest institutional investors in Canada.
• Exposure to some of the most talented, approachable, and inspiring people in the industry.
• The ability to opt‑in for access to Dialogue, a user‑friendly app that offers virtual primary care, employee and family services, and mental health supports.
• Time to connect with co‑op students & interns at BCI – build your network and shared learning.
• 2 paid days per year for volunteering.
• Competitive pay: $2,330.00 gross bi‑weekly or $2,155.00 gross bi‑weekly + vacation leave paid based on 6% of salary ($2,330.00 gross biweekly for those with (or working towards) a graduate degree).
• Travel: if coming to Victoria for this work term, BCI will provide a fixed‑rate travel allowance based on your location.

THE DETAILS

• Work term: Winter 2027 (January to April).
• Department: Investment Operations.
• Office Location: 750 Pandora Avenue, Victoria, BC.
• Spend your off hours exploring beautiful Victoria and Vancouver Island.
• All co‑ops/internships will need to be completed in person at our Victoria office with the option to work one day per week from home. Please note, some positions are not eligible for hybrid work.

We welcome applications from all qualified candidates who are interested in applying for this role. You will need to be legally authorized to work in the country where this job is located. If you currently do not have authorization or if your work permit, study permit, or visa has restrictions or is due to expire during the work term, you may not be eligible for this opportunity.

At BCI, we value diversity and believe in fostering an inclusive culture where all employees can be successful. We are performance and client focused and value integrity; if you share these values, we want to know you. We recognize that some skills can be learned on the job and encourage all to apply. If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), contact us at co‑[e-mail]. We would like to hear from you! To learn more about us, visit our BCI website. With our values as our anchor, it’s our people who create the environment we work in each day. 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 competitive benefits packages, our commitment to equity, diversity & inclusion and the Recruitment process visit our BCI Careers Page. 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. 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.