VC Senior Associate @ Export Development Canada in Montreal, Canada

Description

Overview

We are establishing a new Development Finance Institution (DFI), FinDev Canada, headquartered in Montreal. FinDev Canada is a subsidiary of Export Development Canada. With an initial capitalization of $300 million, FinDev Canada will draw upon a range of financing solutions to achieve development objectives by supporting private sector initiatives in developing countries.

The private sector has a key role to play as a main driver of economic growth and development. Development Finance Institutions (DFIs) are critical instruments to facilitate and optimize the contribution of private investment to development. They respond to the specific challenges faced by companies operating in developing countries in getting access to the finance necessary to grow their business and they do so while remaining financially self-sustaining.

As Canada’s DFI, FinDev Canada will complement other tools and programs of Canada’s Development Assistance. As a new entrant, FinDev Canada aspires to contribute to the field of development finance with an innovative, collaborative and business-minded approach. Through its action it will seek to generate positive impacts in terms of job creation, women economic empowerment and climate change mitigation, in a manner consistent with Canada’s Feminist International Assistance Policy.

This is a unique opportunity to join a small team of highly talented professionals whose mission is to turn a project into a successful, ground breaking organization whose activities will contribute to changing people’s lives in developing countries. 

The position is located in Montreal, and the individual will report to the Chief Investment Officer.

Discipline Summary

• Supports, originates, structures and delivers tailored financial solutions through active involvement within the domestic and international investment communities;
• Identifies and monitors opportunities for investments through direct investing, co-investing or investing across a combination of investment/asset class specializations;
• Contributes to the evaluation and preparation of investment proposals including due diligence and analysis of highly complex and/or high-risk transactions;
• Assesses the needs of clients to determine value-added means of financing, directing and supporting their business plans;
• Contributes to the management of the Investments portfolio including:
  • Monitoring the performance of portfolio investments;
  • Assessing competitive threats and opportunities;
  • Contributing to the identification and execution of exit opportunities, cross-sell opportunities, and other value-add activities for portfolio companies; and
  • Managing a portfolio fund investments as assigned.

Key Responsibilities

• Develops and utilizes financial models for valuation, risk assessment and cash flow profiling purposes;
• Researches and develops views on industry (including financial markets) and technology trends;
• Develops familiarity with term sheet provisions and gains exposure to the negotiation of term sheets and the drafting of investment proposals;
• Learns to evaluate the management of portfolio companies and provides support to Investment Managers in monitoring the performance of portfolio companies, including assessing competitive threats and opportunities;
• Participates in industry events, including venture fairs, association events, etc.;
• Be a key resource to all the individuals on the Investments Team;
• Contribute to various reporting requirements for the Investments Program;
• As requested on an ad hoc basis, contribute to a variety of special projects as requested. 

Qualifications

Screening Criteria

• Completion of an MBA, CA, CFA, CMA or CGA (or combination of education and experience);
• At least 2 years of work experience in private equity, venture capital, investment banking or similar. Will consider internal candidates with equivalent experience, including demonstrated outstanding financial modeling skills;
• Excellent financial analysis, credit and modeling skills, and ability to read and understand business plans;
• Strong oral and written communications skills.

Assets

• International and/or commercial banking experience
• Bilingualism in both official languages (English and French) 

Salary Range 

• $86,000 – $128,000, plus performance based incentive

If interested, please apply here.