Senior Manager, Valuations

Senior Manager, Valuations page is loaded## Senior Manager, Valuationslocations:

Victoria, BCtime type:

Full timeposted on:

Posted 5 Days Agojob requisition id:

JR101448With $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

page.**POSTING CLOSE DATE: May 31, 2026**Based in Victoria, BC, the **Senior Manager, Valuations** is responsible for executing BCI’s private investment valuation processes across **Private Equity, Infrastructure and Renewable Resources, and Private Credit**, applying technical judgment on complex fair value matters within a high-governance institutional environment.## THE OPPORTUNITYReporting to the **Director, Valuations**, the Senior Manager works across assigned portfolios to deliver valuation conclusions and supporting analysis to the Valuation Committee and senior management. The role engages broadly across BCI, with asset class teams, Client Reporting, Performance, and Investment Accounting — reflecting the central role that independent valuation plays in investment decision-making, client accountability, and governance. The role manages external valuator relationships, develops direct reports, and champions the use of technology and AI to enhance efficiency and governance.## WHO YOU WILL WORK WITHYou will join a collaborative team within the Financial Reporting & Valuations branch, working alongside colleagues responsible for pricing, financial reporting, and fund operations. Day-to-day, you will engage with BCI's private markets asset class teams across Private Equity, Infrastructure & Renewable Resources, and Private Credit, as well as external valuators, auditors, and the Valuation Committee. The branch operates at the intersection of investment management and financial reporting, making it a high-visibility function within Finance.## WHAT YOU BRING* Professional accounting designation (CPA), Chartered Financial Analyst (CFA), and/or Chartered Business Valuator (CBV)* 8–10 years of experience in private investment valuation, with progressively increasing responsibility* Demonstrated expertise in valuation methodologies for illiquid assets, including discounted cash flow, market multiples, and income approaches across infrastructure, private equity, private debt, and real assets* Deep knowledge of IFRS, with strong expertise in IFRS 13 (Fair Value Measurement) and standards relevant to investment company accounting* Proficiency in reviewing large and complex financial models, including experience with IRR and cash flow modelling across private market asset classes* Strong understanding of private market investment structures, fund governance, and the role of valuation within an institutional investor’s financial reporting and risk management framework* Ability to communicate complex valuation matters with clarity and conviction to senior management and committee audiences## Preferred* Experience within an institutional investment management environment* Demonstrated ability to take on increasing scope and complexity, with the potential to develop broader functional leadership within a valuations function* Familiarity with technology enablement and AI tools in a valuation or finance context## WHAT YOU WILL DO## Valuation Oversight* Manages year-end and quarterly valuation processes for assigned portfolios, delivering outputs on schedule with complete documentation suitable for committee review and external audit* Reviews and challenges third-party valuation reports from external valuators on assigned portfolios to ensure methodological soundness, consistency with BCI’s valuation policies, and compliance with applicable accounting standards* Prepares valuation conclusions, executive summaries, and supporting analysis for the Valuation Committee and management, including clear articulation of key assumptions, sensitivities, and risks* Identifies valuation issues and control gaps early within assigned workstreams, drives timely remediation with stakeholders, and documents decisions to strengthen governance* Serves as subject matter expert on private market valuations, responding to inquiries from internal stakeholders, asset class teams, and external auditors* Exercises sound judgment and a high degree of discretion on complex fair value matters within assigned portfolios, providing well-researched recommendations and, where required, implementation plans to the Director* Contributes to BCI's valuation policies, methodologies, and internal directives, monitoring regulatory and accounting developments to flag material implications and ensure alignment with IFRS and evolving market practice## External Advisor & Auditor Management* Manages relationships with external valuators, including scoping, reviewing deliverables, and ensuring timely completion aligned with the Valuation Plan* Serves as day-to-day point of contact for external auditor queries, providing supporting documentation and escalating issues to the Director as appropriate## Technology & AI Enablement* Champions technology and AI solutions within the valuations function, including automation of valuation workflows, IRR model roll-forwards, and private debt review processes* Partners with Finance and Technology teams to identify, evaluate, and implement tools that enhance efficiency, accuracy, and governance## People Development* Provides coaching, performance management, and onboarding support for direct reports within assigned workstreams**WHERE YOU WILL WORK**This role will be based in our office in downtown Victoria, BC. We are an in-person collaborative organization with the flexibility to work remotely 1 day a week.**SALARY RANGE**The annualized base salary range for this Victoria-based role is CAD $135,000 to $160,000.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 #J-18808-Ljbffr