About Us: With $295.0 billion of gross assets under management, as of March 31, 2025, 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. POSTING CLOSE DATE: November 6, 2025 THE OPPORTUNITY Join our Quantitative Equity team to integrate systematic investing with cutting-edge quantitative methods, where you'll develop proprietary alpha models, optimize portfolios, and help manage billions in quantitative strategies. We're seeking a data-driven researcher who thrives at the intersection of finance and technology, ready to transform complex datasets into actionable investment insights. This role offers the unique opportunity to build both research frameworks and production systems that directly impact investment performance across global markets. WHO YOU WILL WORK WITH The Capital Markets & Credit Investments (CM&CI) department manages C$165B of capital markets and credit investments (56% of total net AUM of BCI). The department invests globally across Credit, Equities, Fixed Income, Derivatives, and Absolute Return Strategies, with investment teams located in BCI's global offices in Victoria, Vancouver, New York, and London. As a leader in responsible investing, CM&CI actively integrates ESG factors into investment analysis and decision-making processes across all strategies. WHAT YOU BRING Must have: Degree in financial economics, statistics, mathematics, computer science, data science, or a related quantitative discipline. Minimum of 2 years of relevant experience with a graduate degree, or a minimum of 4 years of quantitative research and development experience without a graduate degree. Strong quantitative skills with proven independent problem-solving ability. Proficiency in programming (Python strongly preferred), with solid knowledge of data structures, algorithms, and object-oriented design; experience with SQL and relational/non-relational databases. Experience conducting empirical research and analyzing large, complex data sets. Experience with advanced machine learning and deep learning techniques. Ability to work effectively and collaboratively in a team environment. Excellent attention to detail. Passionate about investing, self-motivated, and eager to learn in a collaborative environment. Diplomacy, tactfulness with strong interpersonal skills. Preferred: Experience with systematic investment strategies and quantitative portfolio management. Experience working with unstructured data (e.g., text or alternative datasets) applied to quantitative investing. Experience working with natural language models (LLMs) in the context of quantitative investing. Experience in contributing to large codebases within a team setting. Experience with equity risk models and convex portfolio optimization. Working towards Chartered Financial Analyst (CFA) or similar designation. WHAT YOU WILL DO Conducts quantitative research on new or improved alpha signals, with an emphasis on applying advanced machine learning techniques and working with alternative or unstructured data. This includes identifying ideas, sourcing and cleaning data, performing statistical analysis and back-testing, and interpreting and presenting results. Contributes to research and development in portfolio construction, including the use of risk models, transaction cost models, and optimization techniques to improve portfolio efficiency and risk-adjusted returns. Collaborates with team members to design, develop, and maintain the team’s proprietary portfolio management platform and research infrastructure, ensuring that models and strategies are efficiently implemented in production. Assists with ongoing risk and performance attribution analysis of the portfolios to support investment decision-making and monitoring. Participates in the regular rebalancing of portfolios, including preparation and validation activities. Monitors the strategies’ risk exposures, handles corporate actions, and supports daily cash management and reconciliation of fund holdings. Provides timely support to senior team members by responding to a variety of requests for analysis, research, or operational assistance. WHERE YOU WILL WORK This role will be based in our office in downtown Vancouver, BC SALARY RANGE The annualized base salary range for this Vancouver-based role is CAD $112,000 to $136,000. 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. To learn more about us, visit our BCI website With our values as our anchor, it’s our people who create the environment we work in each day. BCI has been recognized as one of Canada’s Top 100 Employers – for the sixth consecutive year – and has built programs and benefits to support all our employees. To learn more about working with BCI, including our competitive benefits packages, our commitment to equity, diversity & inclusion and the Recruitment process visit our BCI Careers Page We pay our people competitively in the markets in which we compete for talent and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance. The philosophy is principles-based and emphasizes pay-for-performance, long-term results, and meeting clients’ expectations. Our people help shape employee-focused initiatives and create the environment we work in each day – which further strengthens our culture. To learn more about our employee experience, visit our BCI Values in Action. There you will see how feedback from our employees was used to articulate our Employee Value Proposition (EVP), composed of three pillars: Performance with Purpose, Built on Collective Expertise, and Accelerating Innovation. If you are currently connected with a BCI employee and plan to list them as a referee, please ensure to get their consent before applying and verify their BCI email address. All referrals will be verified internally.
