Private Equity Finance Operations Co-op/Internship (Winter 2027 or Winter & Summer 2027)
Bci · Australia +1 · 10d ago
Closing Date: October 1, 2026
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 EmployersandBC’s Top Employers. These national and provincial competitions recognize employers who offer exceptional workplaces for their employees. 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.
WHO YOU WILL WORK WITH
The Private Equity department manages a diverse global portfolio of approximately $38 billion in global private equity investments comprising of fund, direct and co-investments. Portfolio growth over the coming years will be driven by an increased emphasis on direct investment, strong partner relationships and actively creating value from the portfolio to deliver superior returns for our clients.
Our department currently consists of ~65 professionals spanning offices located in Victoria, London and New York City, organized into six sub-teams: Direct Investments, Fund Investments, Venture & Growth, Investment Process, Reporting & Analytics, and Finance Operations. Our Direct Investments team can be further broken down into six sector-focused teams that cover the Financial and Business Services, Consumer, Healthcare, Industrials, Technology, Media & Communications and Capital Solutions.
WHAT YOU WILL BE DOING
The Private Equity Finance Operations team supports BCI's private equity investment activities, spanning transaction processing, valuations and reporting, legal and document coordination, and cross-functional projects with internal and external partners. The team is hiring for two co-op/intern positions: one focused on Transactions and one focused on Reporting. Both roles offer a well-rounded introduction to Private Equity Finance Operations, combining an accounting and finance foundation with the team's growing use of data, technology, and AI. Co-ops will work closely with senior team members across both functions, gaining exposure not only to their primary workstream but also to the complementary side of the team's work.
**Please note these positions do not sit on a deal team, nor involve due diligence responsibilities.
PE Finance Operations Co-op/Intern – Transactions (4 months):
The PE Finance Operations Transactions Co-op/Intern will support the team's transactions’ functions, assisting with day-to-day transaction processing, reconciliations, and investment administration. This includes processing transaction notices, preparing payment instructions, supporting investment closings and lifecycle events, and helping maintain data integrity across BCI's financial systems, under the guidance of senior team members. In addition, the co-op or intern will contribute to AI-enabled workflows and automation that strengthen the accuracy and efficiency of team processes, collaborating cross-functionally with internal teams and external partners.
As capacity allows, the co-op or intern will also gain hands-on exposure to reporting activities, including quarterly and annual valuation support and portfolio/client reporting deliverables.
Primary responsibilities will include the following:
Supports transaction processing: capital call/distribution notices, accounting allocations, and payment/receipt instructions to external managers.
Reconciles data across systems, including unfunded/total commitments (SOC1-aligned), investigating and resolving discrepancies as needed.
Assists with investment closings, lifecycle events, and related fee/expense/distribution activities under the guidance of senior team members.
Monitors shared email inboxes, handlesroutine inquiries and invoicing, and redirects complex matters to appropriate team members.
Maintains document tracking, organization, retrieval, and policies/procedures documentation for investment transactions.
Supports data entry, verification, and maintenance in financial systems; helps prepare meeting materials and coordinate scheduling for lifecycle events.
Provides general ad-hoc support to the Finance Operations team, including data entry and maintenance in financial systems.
PE Finance Operations Co-op/Intern – Reporting (8 months):
The PE Finance Operations Reporting Co-op/Intern will support the team’s reporting functions, assisting with the quarterly/annual fund and principal valuations, commitment tracking, fee and carried interest reporting, client and financial reporting, shared inbox management, and audit and SOC1 support activities. In addition, the co-op or intern will contribute to AI-enabled workflows and automation that strengthen the accuracy and efficiency of team processes, collaborating cross-functionally with internal teams and external partners. As capacity allows, the co-op or intern will also gain hands-on exposure to transaction processing, investment closing, and lifecycle activities under the supervision of senior team members.
Primary responsibilities will include the following:
Supports the execution of quarterly fund and principal valuation calculations, with oversight from senior team members.
Contributes to fee analysis and audit/SOC1 preparation activities, helping ensure accuracy and compliance across reporting cycles.
Assists with internal and portfolio reporting deliverables, including data capture, validation, and analysis to support reporting insights.
Adopts AI-enabled workflows and automation, identifying inefficiencies in reporting processes and recommending improvements.
Supports investment transactions and investment closings, as applicable, including related document organization, retrieval, and filing.
Monitors and manages shared email inboxes, responding to routine inquiries and directing complex matters to appropriate team members.
Provides general ad-hoc support to the Finance Operations team, including data entry and maintenance in financial systems.
QUALIFICATIONS
Must Have:
Currently enrolled in or recently graduated from a Business, Economics, or a related program.
Detail-oriented, with a consistent, high level of accuracy across recurring tasks.
Strong problem-solving skills, with the ability to analyze issues and propose practical solutions.
Professional communication and teamwork skills.
Demonstrated reliability and accountability, with the ability to manage and prioritize fluctuating workloads.
Proficiency in Microsoft Office Suite (particularly Microsoft Excel).
Eagerness to learn about finance, operations, and accounting.
Preferred:
General understanding of investment and accounting principles.
Familiarity with financial systems, reporting tools, and AI-enabled technologies.
Prior internship, co-op, or part-time experience involving financial data or reporting.
WHAT WE OFFER
Gain exposure to private equity fund structures and investment operations.
Develop understanding of institutional investment processes including valuations, payments, and accounting.
Learn about financial reporting requirements and practices.
Build skills in data management, financial systems, and AI-enabled automation.
Observe investment lifecycle events and operational workflows.
Collaborate with individuals across various teams within Private Equity and across BCI.
Excellent career development and training by helping the candidate to understand the tools, the data and the methodologies applied by financial institutions to manage their exposure to credit risk
Work with a dynamic team in a fast-paced environment
The development of real-world skills at one of the largest institutional investors in Canada
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
Mentorship and professional development opportunities.
Opportunity to participate in company-wide co-op initiatives, networking events, and volunteer activities.
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 and $2,155.00 gross biweekly for those with (or working towards) an undergraduate degree, diploma, or certificate)
Travel: if coming to Victoria for this work term, BCI will provide a fixed-rate travel allowance based on your location
ADDITIONAL DETAILS
Work Term: Winter 2027 and/or Summer 2027
Department: Private Equity
Office Location: 750 Pandora Avenue, Victoria, BC
All co-ops/internships will need to be completed in person at our Victoria office with the option of working one day per week from home.
HOW TO APPLY
Apply directly to the Private Equity Finance Operations Co-op/Internshipposting on our careers page https://bci.wd10.myworkdayjobs.com/BCI_Careers
Application deadline:October 1, 2026at 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 atco-op@bci.ca. We would like to hear from you!