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

British Columbia Investment Corporation; Victoria; On-site; CAD 60,000 - 65,000; Part time

Benefits offered by this job

Volunteer days

Competitive pay (bi-weekly)

Travel allowance

Job summary

British Columbia Investment Management Corporation (BCI) invites applications for a Strategic Asset Allocation (Global Macro) co-op/intern for Winter 2027 (January–April) in Victoria, BC. You will support macroeconomic research, LTCMAs, and client-facing materials within the Investment Strategy & Risk department.

The role involves building quantitative analyses with Python and Excel, translating complex analysis for executive audiences, and assisting with quarterly scenario modelling and

Qualifications

• Solid grasp of macroeconomics, financial markets, and monetary policy; genuine curiosity about global macro and geopolitical developments.
• Keen interest in investments and a drive to continually learn about financial markets.
• Strong written and verbal communication skills.
• High level of professionalism with strong interpersonal skills.
• Excellent attention to detail, with the ability to meet deadlines while maintaining accuracy and quality.
• Strong analytical, research, and problem-solving skills.
• Interest in finance, economics, and investment management, with a strong work ethic, commitment to ethical standards, and eagerness to learn.
• Strong time management and project management skills.

Responsibilities

• Conduct macroeconomic and market research on topics such as monetary policy, inflation, and geopolitical risk, and help produce recurring macro data summaries for the team.
• Assist with Long-Term Capital Market Assumptions (LTCMAs), including data pulls, returns analysis, peer comparisons, and methodology refinement as needed.
• Help translate complex macroeconomic analysis into clear, well-styled outputs for senior investment and executive audiences.
• Support quarterly scenario modelling, narrative development, and maintaining signpost/monitoring frameworks.
• Build and maintain quantitative analysis and exhibits using Python, Excel, and econometric software, and support dashboard development in Power BI.
• Ad-hoc projects and tasks assigned by the team.
• Conduct independent research and prepare reports/presentations on a wide range of investment topics for client meetings and for internal staff.
• Assist with client education by producing written materials and educational presentations.
• Actively adheres to compliance and risk management policies and participates in BCI’s business continuity plan.

Skills

Macroeconomics

Financial markets

Monetary policy

Data analysis

Communication

Time management

Project management

Analytical reasoning

Research

Problem solving

Initiative

Client relations

Eagerness to learn

Education

Economics degree

Financial mathematics

Quantitative finance

Tools

Bloomberg

Python

Power BI

EViews

PowerPoint

Excel

Job description

The British Columbia Investment Management Corporation (BCI) is currently seeking a Strategic Asset Allocation (Global Macro) co-op student/intern for the Winter 2027 work term (January to April).**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 Global Macro co-op/intern will work within the Strategic Asset Allocation team in the Investment Strategy & Risk department, gaining hands-on experience by applying academic knowledge in a professional setting. The role involves supporting macroeconomic research and the analysis that underpins long-term investment strategy and client advice.Co-ops/interns conduct research across a broad range of investment topics, including capital markets, investment strategies, performance, and investment products and support the preparation of client reports, presentations and materials for client meetings.**WHO YOU WILL WORK WITH**Investment Strategy & Risk is responsible for setting, implementing and monitoring clients’ long-term investment strategies by working closely with clients, management and asset classes. The department comprises 5 branches: Strategic Asset Allocation, Total Fund Management, Investment Risk and Growth and Investment Solutions.The Strategic Asset Allocation team consists of three major workstreams. The Global Macro workstream conducts research and models relevant macroeconomic developments, including assessment of the current business cycle dynamics and research of emerging economic or financial trends, opportunities, and risks. The ALM workstream assists clients with developing tailored investment policies that achieve investment objectives consistent with their investment philosophies, funding policies and risk tolerances. The Client Relations workstream’s focus is on building long-term relationships with clients based on trust and to ensure that we exceed our client’s investment performance and service expectations. Successful candidates will gain valuable exposure to all three workstreams while working on the SAA team.**WHAT YOU WILL BE DOING*** Conduct macroeconomic and market research on topics such as monetary policy, inflation, and geopolitical risk, and help produce recurring macro data summaries for the team.* Assist with Long-Term Capital Market Assumptions (LTCMAs), including data pulls, returns analysis, peer comparisons, and methodology refinement as needed* Help translate complex macroeconomic analysis into clear, well-styled outputs for senior investment and executive audiences* Support quarterly scenario modelling, narrative development, and maintaining signpost/monitoring frameworks* Build and maintain quantitative analysis and exhibits using Python, Excel, and econometric software, and support dashboard development in Power BI* Ad-hoc projects and tasks assigned by the team* Conduct independent research and prepare reports/presentations on a wide range of investment topics for client meetings and for internal staff* Assist with client education by producing written materials and educational presentations* Actively adheres to compliance and risk management policies and participates in BCI’s business continuity plan**THE IDEAL STUDENT*** Working toward a degree in economics, financial mathematics, quantitative finance, or a related quantitative discipline* Demonstrates an ability to gather and process large amounts of data and information and present it in a concise manner* Likes to solve problems using creative and innovative solutions* Enjoy building and maintaining strong relationships with clients and team members.* Demonstrates an extremely strong work ethic and displays initiative to strive to deliver value above and beyond the job description* Has relevant prior co-op experience* Preference will be given to students who have shown initiative and a passion for the investment industry**REQUIRED SKILLS*** Solid grasp of macroeconomics, financial markets, and monetary policy; genuine curiosity about global macro and geopolitical developments* Keen interest in investments and a drive to continually learn about financial markets* Strong written and verbal communication skills* High level of professionalism with strong interpersonal skills* Excellent attention to detail, with the ability to meet deadlines while maintaining accuracy and quality* Strong analytical, research, and problem-solving skills* Interest in finance, economics, and investment management, with a strong work ethic, commitment to ethical standards, and eagerness to learn* Strong time management and project management skills* Proficiency in Microsoft Excel, PowerPoint, Word, and Outlook* Experience with Bloomberg, Python, EViews, and Power BI is an asset**WHAT WE OFFER*** Career development and training* Work with a dynamic team in a fast-paced environment* The chance to do work that will challenge and stimulate you* Be a valued part of a team* Development of real-world skills at one of the largest institutional investors in Canada & the world* Exposure to some of the most talented, approachable, and inspiring people in the finance industry* Time to connect with other co-op students and interns from other departments - build your network and shared learning* Potential work term extensions and career opportunities* 2 paid days per year for volunteering* Competitive pay: $2,330.00 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* 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 of working one day per week from home. Please note that some positions are not eligible for hybrid work.**HOW TO APPLY*** Apply directly to the **Strategic Asset Allocation (Global Macro) Co-op/Internship** posting on our careers page **https://bci.wd10.myworkdayjobs.com/BCI\\_Careers*** **Application deadline: October 1, 2026 at 11:59pm PDT*** Please upload a cover letter, resume, and transcripts (unofficial transcript will suffice)* ***Note:*** 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].**