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Canada's Talent Marketplace

Find your next role at Canada's fastest-growing tech companies

ANALYST, DEFENCE DEEP TECH FUND

BDC

BDC

IT
Toronto, ON, Canada · Montreal, QC, Canada · Vancouver, BC, Canada · Ottawa, ON, Canada
Posted on Dec 2, 2025

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...

Explore the BDC Way in our Culture Book

POSITION OVERVIEW

BDC Capital’s Defence Deep Tech Venture Fund is part of BDC's Defence Platform. It will invest in early-stage ventures, which develop deep technologies that transform how business is done across multiple sectors. The fund will invest exclusively in companies with a defence or dual-use strategy. In addition, the Defence Deep Tech Venture Fund will act as a leader in the Canadian VC ecosystem, connecting key stakeholders across the deep tech value chain to leverage non-dilutive sources of funding, procurement and tech development support. Main sectors of focus would include, but are not limited to: Quantum, Foundational AI, Photonics, Autonomy, Electronics and Materials.

The Fund would work closely with various departments across the federal government to help provide them with a market watch function, while accessing technical expertise & government labs. The Fund will also build and maintain solid working relationships with key ecosystem stakeholders, including accelerators and incubators.

Analysts join one of our teams as an early specialist in investment finance, to lead parts of the process of evaluating potential deals and of managing BDC Capital’s current portfolio.

The BDC Defence Deep Tech Venture Fund is part of the BDC's National Defence and Sovereignty Platform. It will invest in early-stage ventures, which develop deep technologies that transform how business is done across multiple sectors. The fund will invest exclusively in companies with a dual-use strategy, or those willing to develop one. In addition, the Defence Deep Tech Venture Fund will act as a leader in the Canadian VC ecosystem, connecting key stakeholders across the deep tech value chain to heavily leverage non-dilutive government investment, procurement and tech development support. Main sectors of focus would include, but are not limited to: Quantum, Foundational AI, Photonics, Autonomy, Electronics and Materials.

The Fund would work closely with various departments across the federal government to help provide them with a market watch function, while accessing technical expertise & government labs, in addition to obtaining non-dilutive financing for its portfolio companies. The Fund will also build and maintain solid working relationships with key ecosystem stakeholders, including accelerators and incubators.

In this role, you own the success of a fund whose investments ultimately shape the future of Canadian economy. This position requires a seasoned perspective on investments and deal-making, top-notch ability to build partnerships within the investment community, and strong leadership to drive a qualified team. Your top priority is to present BDC Capital as a first-class investor to companies, corporates, LPs and other GPs, driving first-class deal flow and partnerships.

Investment Analysts join one of our teams as an early-career professional to operate parts of the process of evaluating potential deals and of monitoring our current portfolio.

CHALLENGES TO BE MET

Deal Sourcing

Analyze underlying portfolio of partner funds to identify promising opportunities for follow-on investments and track upcoming fund raises

Perform market research and scouting to inform the fund’s investment strategy, identifying emerging markets, verticals, technologies, or companies

Deal Making

Perform due diligence analysis on companies’ market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies

Manage operational tasks in due diligence such as booking meetings, and preparing interview guides

Determine and validate performance metrics, feeding valuation models, forecasts and financial pro formas

Analyze technical documentation and/or work with technical consultants to evaluate technologies, products, and services

Assist in reference calls with competitors, clients, industry experts, and prospect company’s current or past employees

Conduct routine background checks, KYC (Know Your Client) and AML (Anti Money Laundering)

Portfolio Management & Support

Monitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to management

Participate occasionally in investee board meetings as an observer, keeping abreast of developments and escalating relevant information to Partners

Assist investees with introductions to potential suppliers, investors, and employees

Platform Building

Assist in managing the deal pipeline and providing financial analysis for end-of-period reports

Support other team members as appropriate during the life cycle of an investment

Ensure that the investment research files, and other collected information, including legal documentation, are maintained in conformity with our policies and procedures

Ensure that new and existing investment files are properly documented by monitoring investments, amendments, and disbursements, including financial analysis and forecasting

WHAT WE ARE LOOKING FOR

Typical Background

1 to 3 years of experience in a role involving structured thinking, financial analysis, and technical expertise. These profiles are likely to come from, but are not limited to:

Finance roles: venture capital, private equity, investment bank, accounting firm

Operator roles: technology startup, industry-leading corporation, industry specialist

Advisory roles: consulting, law, corporate strategy, corporate development

Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills

Technical Knowledge

Good skills in Excel, particularly in building financial models that include sensitivity analysis and scenario modeling, as well as performing data analysis. Any other analytic tools and techniques are an asset

Fair ability to use other MS-suite applications, mainly Word and PowerPoint

Ability to answer questions politely in the context of a presentation to executive audiences

Any technology skills with wide application, such as coding, chemistry, electronics are an asset

Operational knowledge of any technical industry is an asset

Bilingualism in French and English is an asset

Behavioral Traits

Supportive, helpful attitude – willingness to proactively identify gaps and jump-in to fill them

Motivation and ability to do focused, independent work, in the context of a team

Ability to work collaboratively and build positive relationships with stakeholders

Willingness to learn and take feedback constructively

Comfort working in a fast-paced environment, where objectives must be met within tight deadlines

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.