Cash Management Co-op/Internship (Winter 2027 & Summer 2027)

About Us:

With $313.7 billion of gross assets under management, as of March 31, 2026, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.

Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, London, and Mumbai.

BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients' risk and return requirements. Our people shape employee-focused initiatives, creating a strong culture. To learn more about our culture and values, visit our BCI Values in Action page.

Closing date: October 1, 2026

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 student/intern for an 8-month term (January to August 2027). This is a pivotal time to join us, as our team continues to grow as active managers of cash and the primary voice in short-term funding decisions within the organization. If you’re 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 $313.7 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.

Our Cash Management team within the Investment Operations department takes a proactive stance in managing client liquidity and shaping the organization’s short-term funding strategies. As a co-op student/intern, you will support high volumes of complex cash activities, contribute to daily liquidity reporting and forecasting, create concise documentation, and assist in the reconciliation of cash across BCI. You will also have the opportunity to contribute to the development of financial models and help improve the team’s existing modelling, all while stepping in on key tasks to ensure the smooth functioning of our operations amid rapid technological advancements.

Who you will work with

Investment Operations (IO) delivers institutional-grade capability across cash management, derivatives and collateral, foreign exchange, trade settlement, corporate actions, and custodian oversight. Partnering with BCI's investment teams to design and execute end-to-end solutions that translate investment strategy into operational reality. The department manages this capability entirely in-house, supported by internally built quantitative models, AI-powered liquidity tools, and automated workflows that operate at the forefront of the industry. The department is organized into three branches: Investment Services and Settlements; Markets and Liquidity; and Financial Engineering.

WHAT YOU WILL BE DOING

• Supporting the management of complex cash activities amidst our evolving technical infrastructure

• Assisting with daily liquidity reporting and cash forecasting, working primarily in Bloomberg

• Assisting with the reconciliation of cash across BCI

• Creating detailed reports and developing concise documentation to support cash management processes

• Contributing to the development of financial models and helping improve the team’s existing modelling

• Applying AI tools to support analysis, model development, and workflow automation

• Executing testing procedures and stepping in on key operational tasks as necessary

• Contributing to the team’s 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 basic business and investment-related disciplines is essential

• Ability to communicate clearly and concisely, both orally and in writing

• Ability to meet deadlines while maintaining accuracy, excellent product quality, and strong attention to detail, as small details can carry large impacts

• Has an interest in investment management, a dedication to hard work, commitment to the highest ethical standards, and an eagerness to learn

• A learner’s mindset, with a keen interest in continuous professional development

• A team-first mindset, and an interest in working in a high-performing environment where ideas are shared, challenged, and improved together

• Quick adaptability to new technologies and changing environments

• Proficiency in Excel and Microsoft Office; knowledge of R-studio, Python, or Power BI is a plus

• Ability to work effectively under pressure and meet tight deadlines

• Familiarity with Bloomberg would be an asset

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

• The opportunity to take ownership of a project and see it through to implementation

• Access to leading AI models and tools, which the team uses daily to accelerate analysis, modelling, and automation

• 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

• 2 paid days per year for volunteering

• Competitive pay: $2,330.00 gross bi-weekly or $2,155.00 gross bi-weekly + vacation leave paid based on 6% of salary ($2,330.00 gross biweekly for those with (or working towards) a graduate degree)

• 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: Winter & Summer 2027 (January to August)

• 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 https://bci.wd10.myworkdayjobs.com/BCI_Careers

• Application deadline: October 1, 2026 at 11:59pm PDT

• 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 may 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 co-op@bci.ca.

We would like to hear from you!

BCI offers a competitive total rewards package, including a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off. We pay our people competitively in the markets in which we operate and with consideration for internal equity and job structure. The base salary will consider factors such as the individual's skill set, experience, and internal equity. We aim for actual pay to be around the market median for expected performance and the upper quartile for excellent performance. Actual salaries may vary based on experience and expertise.

Next Steps:

To apply online, please submit your resume promptly. Applications will be actively reviewed, and those selected for an interview will be contacted. We welcome all qualified candidates who are legally authorized to work in the country where this job is located. If you do not have authorization, or if your work permit has restrictions or is due to expire within 12 months, please inform our recruitment team if shortlisted.

At BCI, we value diversity and foster an inclusive culture where all employees can thrive. We are performance and client-focused, valuing integrity, and we want to know you if you share these values. We recognize that some skills can be learned on the job and encourage everyone to apply. If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at hr@bci.ca.

To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity and inclusion and the recruitment process visit our BCI Careers Page.

BCI does not accept unsolicited resumes or candidate submissions from third-party recruitment agencies, executive search firms, or staffing suppliers unless they have an existing contractual agreement with our organization. Our approved vendor relationships are established for particular recruitment requirements and do not extend to general job postings on our website or other platforms. Any candidate information or resumes submitted by suppliers not approved by BCI will be deemed unsolicited and will not be reviewed or considered. BCI will not be liable for any fees, commissions, or charges related to unsolicited candidate submissions or recruitment services.