Strategic Asset Allocation Co-op/Internship (Winter 2027)

British Columbia Investment Management Corporation; Victoria; On-site; CAD 56,000 - 61,000; Full time

Benefits offered by this job

Travel allowance

Two paid volunteering days

Office in Victoria

Career development opportunities

Job summary

British Columbia Investment Management Corporation (BCI) is seeking a Strategic Asset Allocation co-op student/intern for Winter 2027 (January–April) to support investment strategy and risk activities from our Victoria office. You will contribute to ALM studies, policy reviews, and macroeconomic analyses for clients across BC and Canada.

The role offers exposure to asset mix reviews, forward-looking capital market assumptions, and client-facing materials, with a focus on research, analysis, and

Qualifications

• Fundamental knowledge of basic business and investment-related disciplines.
• Clear and concise written and oral communication.
• Professionalism and interpersonal skills.
• Ability to meet deadlines with accuracy and attention to detail.
• Interest in investment management and willingness to learn.
• Strong research, analytical and problem-solving abilities.
• Proficient in MS Office applications (Excel, PowerPoint, Word, Outlook).

Responsibilities

• Assist in developing client asset-liability studies and investment policy recommendations.
• Support management of the product shelf with client-focused rationale for pooled funds.
• Help update long-term capital market assumptions and economic scenarios.
• Ensure we meet or exceed client service expectations.
• Coordinate client meetings and develop supporting materials for engagements.
• Prepare written materials and presentations on investment topics for meetings and staff.
• Contribute to ad-hoc projects as assigned by the team.

Skills

Excel

PowerPoint

Word

Outlook

PowerBI

Job description

Closing date: October 1, 2026

Use your research and investment skills in a company where you can have an impact. The British Columbia Investment Management Corporation (BCI) is currently seeking a Strategic Asset Allocation co‑op student/intern for the Winter 2027 work term (January to April) to provide research and analytics support to advise clients across a range of investment subjects, including portfolio construction and economic analysis.

WHAT YOU NEED TO KNOW

BCI manages a globally diversified portfolio of assets valued at $313.37 billion and is one of Canada’s largest institutional investors. We invest globally to support pension, insurance, 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 Strategic Asset Allocation co‑op/intern will work within our Investment Strategy & Risk department. This is a great opportunity for you to learn and apply your knowledge to support BCI’s clients by developing and preparing asset mix reviews and other custom analyses related to our clients’ investment strategies and other investment topics.

WHO YOU WILL WORK WITH

The Investment Strategy & Risk department plays a key role in setting, implementing, and monitoring the long‑term strategies of BCI’s clients. This is accomplished by working with clients, management and asset classes to define the optimal path to achieve clients’ outcomes and to enable BCI’s investment structures and processes necessary to fulfill these outcomes. Investment Strategy & Risk consists of five branches: Strategic Asset Allocation, Total Fund Management, Investment Risk, Growth & Investment Solutions, and Business Management & Investment Governance. Strategic Asset Allocation assists clients with developing tailored investment policies that achieve investment objectives consistent with their investment philosophies, funding policies and risk tolerances. This team also conducts research and models relevant macroeconomic developments, including assessments of current business cycle dynamics and studies of emerging economic or financial trends, opportunities, and risks.

WHAT YOU WILL BE DOING

• Support the team in the development of clients’ asset‑liability management (ALM) studies and investment policy recommendations to ensure that clients’ investment strategies and policies are appropriate and prudent given the nature of the funds, their underlying liabilities, and unique characteristics or circumstances
• Support the management of BCI’s product shelf to ensure a client‑focused rationale for each pooled fund
• Assist with the update of long‑term forward‑looking capital market assumptions, economic scenarios and simulations
• Proactively ensure that BCI exceeds our clients’ service expectations
• Assist in coordinating client meetings and developing supporting materials to ensure successful client engagements
• Assist with client education by producing written materials and presentations on a wide range of investment topics for client meetings and for internal staff
• Ad‑hoc projects and tasks as assigned by the team

REQUIRED SKILLS

• A fundamental knowledge of basic 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 meet deadlines while maintaining accuracy, excellent product quality, and attention to detail
• Has an interest in investment management, a dedication to hard work, commitment to the highest ethical standards, and an eagerness to learn
• Strong research skills combined with analytical and problem‑solving abilities
• Ability to use Excel, PowerPoint, Word and Outlook
• Experience with PowerBI is beneficial, but not essential

WHAT WE OFFER

• Excellent career development and training
• 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
• Two 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
• 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 Strategy & Risk
• Office Location: 750 Pandora Avenue, Victoria, BC
• 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.

Working at BCI

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 [e-mail].

Workplace culture and values

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.