SENIOR VICE PRESIDENT, INCLUSIVE INVESTMENTS
BDC
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...
*Please note that this role requires bilingualism in English and French, spoken and written.
POSITION OVERVIEW
The Inclusive Investments at BDC involves initiatives designed to support and grow the number of underserved companies in Canada. The new Black Entrepreneurs and Indigenous Funds, as well as the Thrive platform for women will invest alongside ecosystem partners and others into companies that are growing sustainable businesses, creating jobs and actively contributing to the growth of the Canadian economy.
In this role, the incumbent oversees the strategies and portfolio performances of the Funds with 4 teams of professionals across Canada, targeted local market opportunity and market approach (internal/external). She/he must ensure that the teams have the tools and resources to execute the various funds under management.
The incumbent has a passion for supporting the growth of companies, is innovative and a strong leader. Having an entrepreneurial background, the successful candidate is a natural collaborator and dedicated to creating a variety of sustainable investment products. With an understanding of, or expertise in investments, finance or capital markets, the Senior Vice President will oversee the design of investment vehicles that generate returns while bringing equity capital to these under-represented segments of the market. The Senior Vice president will represent BDC in the ecosystem and be responsible for leading the execution of the mandate, working with the Managing Directors/Partner of the Funds, key partners and stakeholders in the marketplace.
CHALLENGES TO BE MET
Oversee overall leadership of the Funds and programs roadmap, forecasting, planning and budgeting;
Lead partnership identification and discussion with the Managing Directors/Partners through to signed agreements pursuant to the delivery of products in market;
Identify and develop new products in consultation with the Managing Directors/Partners, external partners and the market;
Relationship management of major partners: key stakeholders and partners, angel investors, accelerators and other ecosystem partners particularly at the very early stages;
Actively participate in public relations, including speaking engagements, panel participation, press interviews, writing articles for print and online publication, and attending conferences as an expert and thought leader;
Linkages with BDC key partners for expansion opportunities;
Foster a high performing team environment built on trust, collaboration, and high aspirations;
Support the Managing Directors/Partners in the team management cycle, identifying internal talent, hiring externally, and developing high-quality team members.
WHAT WE ARE LOOKING FOR
The Incumbent believes strongly in the mandate of BDC and BDC Capital and in the vision and mandate of the Impact Platform overall and exhibits the following characteristics:
Leadership: An early-stage entrepreneur, angel investor and connector in the Canadian ecosystem;
Teamwork: Collaborative, strategic;
Hard-working: Walk the talk;
Professional manager: Responsible custodians of investors' money, mindful of deal dynamics and broader economic context of firm activities;
Collaborative: Problem-solver engaged in both leadership and management of the organization to provide uncommon capabilities of oversight;
Rigorous: Investment by process coupled with an intellectual curiosity about the critical success factors of venture capital investments and associated methods for institutionalizing that knowledge;
Discreet: Mindful of how we communicate and an ability to exercise the highest possible judgment in managing the confidential information of BDC, stakeholders, portfolio companies, and prospective portfolio companies and executives.
Bilingualism in English and French, spoken and written, is required
Education
Undergraduate degree.
MBA or other graduate degree beneficial but not necessary
Experience
Prior background as an entrepreneur or investor, or both; proven ability to be an individual achiever and team player in fast-paced, high-pressure environments; and/or,
Proven C-level executive leading the development, from start up to positive cash flow revenues or exit, of a successful technology business competing in global markets;
Strong ecosystem experience working with accelerators, incubators to deliver programs to market in an agile environment;
Served as a board director and management advisor with public and private early stage, emerging technology companies.
Skills, Knowledge and Network
Core competency lies in understanding the critical steps required to commercialize a business from seed to scale; proven ability developing company commercialization capabilities and management capacity and guiding the development and scale of technology products and solutions including a track record of knowing when to shift the company emphasis away from technology towards the market.
Knowledge of industry dynamics for both tech and non-tech firms; awareness of long-term market trends, emerging opportunities; able to characterize and quantify sector- and segment-specific industry risk factors.
Possesses a current network within the marketplace that can be leveraged;
Exhibits a sound understanding of the key business processes.
Demonstrates an ability to source investments and to think creatively about investments and markets.
Has a sound understanding of the product development lifecycle, development methodologies, growth and pricing strategies.
Sound business acumen; displays insight with regards to the meaning of financial data as it relates to the operations of a company as it moves along its lifecycle.
Superior communication (written and verbal) skills and the ability to influence to achieve results; can “sell” ideas to build consensus with partners in the fund, and with portfolio companies and investee prospects; attentive to both detail and nuances in the information exchange with a variety of audiences; encourages constructive debates that strive for the best outcome.
Results-oriented thinking skills: Takes strong action and demonstrates results-orientation in tense situations; calm, productive and efficient under pressure; exceptionally reliable; consistently monitors and controls progress; values, supports and evolves key internal processes.
Personal Characteristics
Well-known professional that is a respected member of the business community; an “impact player” with natural presence.
Displays a high level of integrity and business ethics that is evident immediately with a supporting track record.
Proactive; seizes opportunities and acts upon them immediately; continuously displays a sense of urgency with a motivation toward tangible results and delivering on commitments.
Decisive and confident in expressing points of view; willing to make quick decisions and defend them, yet open-minded enough to listen to competing or differing views and to accept an alternative position.
Displays a sense of ownership and optimism and an understanding and willingness to answer to peers.
A team player: A collaborative helpful resource to be leveraged; shares the credit; thrives in a non-hierarchy environment, and knows how to balance personal, team, investor and portfolio company goals and rewards.
Intellectual capacity to contribute meaningfully as a member of the Venture team.
Adaptive interpersonal abilities, with an ability to predict others’ reactions, attitudes and needs.
Comfortable working independently on a day-to-day basis; willing to travel when required.
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.