British Columbia Investment Management Corp | Cash Management Co-Op/Internship (Summer And Fall 2025)

Cash Management Co-op/Internship (Summer and Fall 2025) Apply locations Victoria, BC time type Full time posted on Posted 4 Days Ago time left to apply End Date: January 31, 2025 (12 days left to apply) job requisition id JR101068
Closing date: January 30, 2025
Step into the forefront of investment operations innovation with the British Columbia Investment Management Corporation (BCI) in Victoria, BC.
We are eagerly seeking a forward-thinking Cash Management Co-op/intern, available for a preference for an eight-month term Summer and Fall 2025 placement (May to December) or the possibility of a four-month term for the Summer 2025 work term (May to August).
This is a pivotal time to join us, as our team transitions to becoming active managers of cash and the primary voice in short-term funding decisions within the organization.
If you are passionate about contributing to significant financial management strategies and being part of a rapidly evolving team, this opportunity is for you.

WHAT YOU NEED TO KNOW BCI manages a globally diversified portfolio of assets valued at $250.4 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.

In this transformative phase, our Cash Management team within the Investment Operations department is taking a proactive stance in managing client liquidity and shaping the organization's short-term funding strategies.
As a co-op/intern, you will support high volumes of complex cash activities, contribute to the development of reports, create concise documentation, and assist in cash reconciliation.
Additionally, you will step in on key tasks, ensuring the smooth functioning of our operations amid rapid technological advancements.

WHO YOU WILL WORK WITH Investment Operations (IO) is comprised of four branches: Derivatives, Collateral & Engineering, Trade Management, Cash Operations and Business Solutions.
The department delivers core capabilities in areas including trade settlements, corporate actions, derivatives, collateral management, foreign exchange, and cash services, while collaborating with internal partners to design and coordinate end-to-end solutions and providing leadership for the custodian relationship.

The Cash Management team is part of the Cash Operations branch and is accountable for optimizing cash balances for clients and asset classes.
This team focuses on delivering BCI clients and asset classes with expertise on funding, minimizing transaction costs, and maximizing netting opportunities to meet obligations and support value add strategies.

WHAT YOU WILL BE DOING Supporting the management of complex cash activities amidst our evolving technical infrastructure Creating detailed reports and developing concise documentation to support cash management processes Executing testing procedures and stepping in on key operational tasks as necessary Contributing to the team's transformation into active cash management and short-term funding decision-making Prepare weekly and monthly reports for the department and management teams Ad-hoc projects and tasks as assigned by the team REQUIRED SKILLS A fundamental knowledge of financial and investment-related disciplines is essential Ability to communicate professionally, clearly and concisely, both orally and in writing 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 Quick adaptability to new technologies and changing environments A learner's mindset, with a keen interest in continuous professional development Proficiency in Excel and Microsoft Office, and the ability to work with large data Knowledge of Bloomberg AIM, R-studio and/or VBA is an asset Ability to work effectively under pressure and meet tight deadlines WHAT WE OFFER A dynamic, supportive team environment where innovation is encouraged Development of practical skills in financial and liquidity management in a leading financial institution 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 BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments 2 paid days per year for volunteering Competitive pay: Mid / Back Office: $2,260.00 gross bi-weekly or $2,090.00 gross bi-weekly + vacation leave paid based on 6% of salary ($2,260.00 gross biweekly for those with (or working towards) a graduate degree or joining the Investment Strategy & Risk department and $2,090.00 gross biweekly for those with (or working towards) an undergraduate degree, diploma, or certificate) 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 Options: Summer 2025 (May to August) or Summer and Fall 2025 (May to December) 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.
HOW TO APPLY Apply directly to the Cash Management Co-op/Internship posting on our careers page Application deadline: January 30, 2025 at 11:59pm PT 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 will 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 .

We would like to hear from you!

#J-18808-Ljbffr