Job Information
BDC DIRECTOR, GROWTH AND ACQUISITION CAPITAL - THRIVE LAB in Montreal, Canada
We are banking at another level.
Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.
Choosing BDC as your employer also means:
Flexible and competitive benefits , including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few
In addition to paid vacation each year, five personal days , sick days as necessary , and our offices are closed from December 25 to January 1
A hybrid work model that truly balances work and personal life
Opportunities for learning , training and development , and much more...
Excellent communication, negotiation, and presentation skills, oral and written, in both official languages (French and English).
POSITION OVERVIEW
The Director, Growth and Acquisition Capital, will work closely with the Managing Director of Thrive Lab to develop innovative co-investment solutions to deploy equity and hybrid debt-equity capital to women-led impact-driven growth-stage companies or to support Entrepreneurship Through Acquisition (ETA) for women. With direct investment/coinvestment or private equity experience, the incumbent will play a key role in structuring the deployment of catalytic capital through a variety of instruments, including, equity, quasi-equity, mezzanine.
Investments will be allocated in collaboration with a wide range of ecosystem partners, including specialized or impact funds, private equity groups, corporate funds, M&A groups, lending partners. To this end, the Director, Investment and Innovation for Growth and Acquisitions will have to distinguish themselves by their ability to quickly establish and maintain relationships of trust with a variety of stakeholders. They will also need to have a broad knowledge of different investment structures and to be creative in proposing solutions that meet the needs of women-led businesses.
CHALLENGES TO BE MET
Structure and manage the investment operations of the second pillar of the Thrive Lab(Growth and Acquisition Capital) and monitor the performance of the investments that will be realized(impact and financial KPIs).
Propose and implement innovative solutions to deploy equity and hybrid debt-equity capital, while protecting the interests of BDC Capital. More specifically, actively participate in conceptualizing transaction structures, legal negotiations, creation of tools (including due diligence) and investment instruments that meet the objectives of the Thrive Lab.
Develop investment processes for the evaluation and assessment of new and follow-on investments including the process of sourcing and screening new investments, conducting due diligence, performing industry research and providing support to existing portfolio companies
Develop processes to conduct business plan reviews, manage communications with entrepreneurs, management teams, and financial advisors, and prepare initial investment thesis, memoranda and recommendations to pursue or decline investment opportunities
Develop best practice to conduct research and analysis on markets, ecosystems, financial forecasts, management, competition, among others. This involves talking to clients, analyzing research reports, interviewing and gathering information from industry experts, working with technical consultants to evaluate business models and technologies, and building valuation models, financial forecasts, comparable and precedent transaction analyses, and sensitivity analyses
Support portfolio companies by monitoring performance, providing financial, forecasting and statistical analyses, identifying potential strategic and tactical opportunities and risks, and working alongside senior management to develop governance and impact reporting
Lead in developing and managing the deal pipeline and portfolio dashboard, producing semi-annual reports, providing financial analysis on the overall portfolio and supporting the Managing Director with internal presentations
Take leading role in the deal submission process through Investment Committee
Represent BDC Capital and Thrive Lab on various committees.
Support and coach analysts in managing and monitoring investments, setting up and tracking forecasts and results, using appropriate data.
Engage BDC Capital's various stakeholders, both internally and externally, and ensure that our policies and best practices are followed.
Provide rigorous yet flexible processes that allow agility and innovation while protecting the interests of BDC Capital, and ensure that these processes are followed with tact and leadership.
Participate in negotiations with the ecosystem partners to ensure optimal co-investment conditions are in place.
Ensure, in collaboration with the analysts' team, to provide regular reporting that respects the criteria of excellence promoted by BDC Capital. Work in collaboration with the middle and back-office teams to develop a relevant and effective dashboard.
Monitor issues encountered and propose solutions in a proactive, positive and goal-oriented manner.
Take an interest in the reality of women entrepreneurs and business leaders, remain attentive to their needs and participate in the creation of additional initiatives if relevant in order to optimize the impact of BDC Capital through the Thrive Lab.
At all times, contribute to the creation and maintenance of a healthy and friendly work climate within the team, where trust, transparency and collaboration are essential conditions for the success of the Thrive Lab.
Provide growth opportunities for all team members by working collaboratively and inclusively with the team responsible for the first Lab initiative.
WHAT WE ARE LOOKING FOR
Bachelor's degree in finance, economics, law or business; a graduate degree would be an asset.
Eight to ten years of relevant experience; fund management experience an asset.
Knowledge of the Private Equity asset class, particularly in Canada; knowledge of Impact investing an asset.
Strong ability to structure debt and equity transactions for a variety of risk levels.
Outstanding interpersonal skills, combined with the ability to interact with internal and external stakeholders and directly influence them.
Highly developed organizational, planning and management skills.
Strong attention to detail while maintaining over-arching goals in sight.
Ability to work independently and under pressure to meet tight and often conflicting deadlines.
Strong team spirit.
Ability to effectively guide and coach a team of analysts and other investment professionals.
Good judgment, tact and discretion.
Excellent communication, negotiation and presentation skills, oral and written, in both official languages (French and English).
Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers , we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at accessibility@bdc.ca .
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. The only institution whose purpose is to promote the growth of the Canadian economy by focusing on the success of small and medium-sized businesses, with a human touch and a genuine presence. At BDC, we’re changing people’s and businesses’ lives for the better. That’s what makes us unique as a bank.
That’s why we are banking at another level.