Job Description
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...
POSITION OVERVIEW
BDC’s Thrive Venture Fund (TVF) is the largest of its kind globally, investing in Canada’s leading female entrepreneurs to drive transformative impact. The $300M fund was launched in 2026 with a focused objective of investing in women-led, high growth, innovative technology companies in Canada.
Our investments in female entrepreneurs are bringing game changing solutions to some of the world’s biggest challenges across industries and sectors. We seek highly driven founders and teams who are leveraging breakthrough innovations in technology with triple bottom line vision: focusing on people, planet and profit. TVF is sector agnostic and invests in late seed to Series B companies with strong growth and highly scalable market potential, that bring together the best innovation, team, and resources to transform today’s markets.
As an Associate Principal, you will be an integral member of our investment team and involved in all aspects of the investment and portfolio management process. You will assist the team in building and managing an existing and growing portfolio of investments, work on new investments and help us build the next fund to support even more women in tech in Canada. The next generation of exceptional Canadian technology champions will be led by women, and funded by BDC’s Thrive Venture Fund.
CHALLENGES TO BE MET
Deal Sourcing
Lead initial assessment of companies by coordinating initial business plan reviews, managing initial communications with entrepreneurs, referring sources, and preparing initial interview guides and alignment memoranda with recommendations to pursue or decline deals
Stay on top of the current portfolio, identifying companies that are likely to raise funds, and discussing potential new or follow-on investments with Partners
Build and maintain networks within the investment community, acting as an ambassador for the fund, BDC Capital and BDC
Deal Making
Coordinate due diligence for new and/or existing investment opportunities by orchestrating analyses such as market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies
Conduct reference calls with competitors, clients, industry experts, and prospect companies’ current or past employees
Develop and maintain appropriate information resources and subject matter expertise in various industries, markets, and business trends
Produce Investment Memos and support Partners in presenting opportunities to the Investment Committee
Review and comment on legal agreements negotiated by the deal’s lead
Portfolio Management & Support
Assist Partners in managing efficient ongoing relationships with executives of investee companies, promptly responding to all inquiries in a courteous and efficient manner
Monitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to management
Assist portfolio companies with introductions (e.g., potential suppliers, investors, employees), governance, financing, strategic planning, marketing, and other operational topics
WHAT WE ARE LOOKING FOR
5 to 7 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 banking, accounting firms
Operator roles: technology startup, industry-leading corporation, industry specialist
Advisory roles: consulting, law, corporate strategy, corporate development
Experience in an industry outside finance can be particularly valuable in some teams
Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills
A post-graduate degree or equivalent certification is valuable. Typical post-graduate credentials are likely to be, but are not limited to:
Master’s degree in business administration (MBA)
Other STEM Master’s or PhD degree
Chartered Financial Analyst (CFA)
Technical Knowledge
Thorough understanding of the deal process, from sourcing to due diligence, to portfolio management
Strong skills in Excel, particularly in building robust financial models that include sensitivity analysis and scenario modeling, as well as performing complex data analysis. Any other analytic tools and techniques are an asset
Good ability to use other MS suite applications efficiently, mainly Word and PowerPoint
Good ability to problem-solve using structured thinking and communication techniques
Ability to write an Investment Memo that is clear, concise, and eloquent
Technology skills with wide application, such as coding, chemistry or electronics can be an asset
Operational knowledge of any technical industry is an asset
Behavioral Traits
Supportive, helpful attitude – sensitivity to identify what the fund needs, take ownership of team performance, and relieve Partners from operations so that they can focus on the deal pipeline
Ability to work collaboratively and build positive relationships with stakeholders within and outside BDC, with a sensible approach to vertical and horizontal relationships
Interpersonal polish, ability to influence pertinently in the context of business settings, including operational and executive audiences
Motivation and ability to leverage work as a team, by taking a leadership role
Enthusiasm to support and coach more junior colleagues, sharing knowledge and advice
Comfort working in a fast-paced environment, where objectives must be met within tight deadlines
Willingness to shift from the main role, taking up any task that is necessary to get the job done
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
[email protected]
.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
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...
POSITION OVERVIEW
BDC’s Thrive Venture Fund (TVF) is the largest of its kind globally, investing in Canada’s leading female entrepreneurs to drive transformative impact. The $300M fund was launched in 2026 with a focused objective of investing in women-led, high growth, innovative technology companies in Canada.
Our investments in female entrepreneurs are bringing game changing solutions to some of the world’s biggest challenges across industries and sectors. We seek highly driven founders and teams who are leveraging breakthrough innovations in technology with triple bottom line vision: focusing on people, planet and profit. TVF is sector agnostic and invests in late seed to Series B companies with strong growth and highly scalable market potential, that bring together the best innovation, team, and resources to transform today’s markets.
As an Associate Principal, you will be an integral member of our investment team and involved in all aspects of the investment and portfolio management process. You will assist the team in building and managing an existing and growing portfolio of investments, work on new investments and help us build the next fund to support even more women in tech in Canada. The next generation of exceptional Canadian technology champions will be led by women, and funded by BDC’s Thrive Venture Fund.
CHALLENGES TO BE MET
Deal Sourcing
Lead initial assessment of companies by coordinating initial business plan reviews, managing initial communications with entrepreneurs, referring sources, and preparing initial interview guides and alignment memoranda with recommendations to pursue or decline deals
Stay on top of the current portfolio, identifying companies that are likely to raise funds, and discussing potential new or follow-on investments with Partners
Build and maintain networks within the investment community, acting as an ambassador for the fund, BDC Capital and BDC
Deal Making
Coordinate due diligence for new and/or existing investment opportunities by orchestrating analyses such as market, competition, management, sales, products, cap table, and anything that is relevant to determining potential business value and exit strategies
Conduct reference calls with competitors, clients, industry experts, and prospect companies’ current or past employees
Develop and maintain appropriate information resources and subject matter expertise in various industries, markets, and business trends
Produce Investment Memos and support Partners in presenting opportunities to the Investment Committee
Review and comment on legal agreements negotiated by the deal’s lead
Portfolio Management & Support
Assist Partners in managing efficient ongoing relationships with executives of investee companies, promptly responding to all inquiries in a courteous and efficient manner
Monitor portfolio performance, comparing performance to forecasts and models, and relaying potential opportunities and issues to management
Assist portfolio companies with introductions (e.g., potential suppliers, investors, employees), governance, financing, strategic planning, marketing, and other operational topics
WHAT WE ARE LOOKING FOR
5 to 7 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 banking, accounting firms
Operator roles: technology startup, industry-leading corporation, industry specialist
Advisory roles: consulting, law, corporate strategy, corporate development
Experience in an industry outside finance can be particularly valuable in some teams
Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills
A post-graduate degree or equivalent certification is valuable. Typical post-graduate credentials are likely to be, but are not limited to:
Master’s degree in business administration (MBA)
Other STEM Master’s or PhD degree
Chartered Financial Analyst (CFA)
Technical Knowledge
Thorough understanding of the deal process, from sourcing to due diligence, to portfolio management
Strong skills in Excel, particularly in building robust financial models that include sensitivity analysis and scenario modeling, as well as performing complex data analysis. Any other analytic tools and techniques are an asset
Good ability to use other MS suite applications efficiently, mainly Word and PowerPoint
Good ability to problem-solve using structured thinking and communication techniques
Ability to write an Investment Memo that is clear, concise, and eloquent
Technology skills with wide application, such as coding, chemistry or electronics can be an asset
Operational knowledge of any technical industry is an asset
Behavioral Traits
Supportive, helpful attitude – sensitivity to identify what the fund needs, take ownership of team performance, and relieve Partners from operations so that they can focus on the deal pipeline
Ability to work collaboratively and build positive relationships with stakeholders within and outside BDC, with a sensible approach to vertical and horizontal relationships
Interpersonal polish, ability to influence pertinently in the context of business settings, including operational and executive audiences
Motivation and ability to leverage work as a team, by taking a leadership role
Enthusiasm to support and coach more junior colleagues, sharing knowledge and advice
Comfort working in a fast-paced environment, where objectives must be met within tight deadlines
Willingness to shift from the main role, taking up any task that is necessary to get the job done
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
[email protected]
.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
💡 Quick Summary
Seeking a career-building opportunity? The ASSOCIATE PRINCIPAL, THRIVE VENTURE FUND position is now open for candidates interested in the Operations Executive Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Operations Executive Jobs is a plus.
