Hybrid Payments & Banking Analyst Co-op/Internship (Fall 2025 & Winter 2026) at BCI

Closing date: May 29, 2025

Step into the forefront of investment operations innovation with the British Columbia Investment Management Corporation (BCI) in Victoria, BC. We are eagerly seeking a detail-oriented Payments & Banking Analyst Co-op/intern, available for a preference of an eight-month term Fall 2025 and Winter 2026 (September to April) work term (a four month, Fall 2025 only work term may be considered from September – December). This is a pivotal time to join us as we introduce new banking partners and expand our payment capabilities. If you are passionate about financial markets, want to increase your payments knowledge and be 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 $250.4 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.

The Payments & Banking Analyst co-op/intern will work within our Investment Operations department. This is a great opportunity for you to learn and apply your knowledge in support of high-value, high-impact payment activities. The team is responsible for SSI management, payment execution, banking relationships, and maintaining best-in-class AML and fraud prevention practices. You’ll be exposed to private market deal fundings, SWIFT, banking platforms, various payment systems, and several other technical applications.

WHO YOU WILL WORK WITH

Investment Operations (IO) is comprised of four branches: Derivatives, Collateral & Engineering, Trade Management, Cash Operations and Business Solutions. The department delivers core capabilities in areas including trade settlements, corporate actions, derivatives, collateral management, foreign exchange, and cash services, while collaborating with internal partners to design and coordinate end-to-end solutions. Outside of the IO family, the Payments & Banking team interacts with virtually every department at BCI, offering the opportunity to interact with several stakeholders.

WHAT YOU WILL BE DOING

• Explore opportunities to create automated solutions for various workflows

• Support payment execution through review and analysis of payment instructions

• Conduct market research and analysis on emerging trends in the payment space and present recommendations

• Application testing and procedure documentation

• Prepare monthly KPI reports

• Ad-hoc projects and tasks as assigned by the team

REQUIRED SKILLS

• A general knowledge of financial markets and investments

• Strong attention to detail

• Ability to work effectively under pressure and meet tight deadlines

• Quick adaptability to a new and changing environment

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

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

• Proficiency in Excel and Microsoft Office, and the ability to work with large data

• Knowledge of R-studio and/or VBA is an asset

• SWIFT knowledge/experience is an asset

• Banking experience is 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

• 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

• BCI investment professionals lead a monthly Investment Club to share industry knowledge with employees who work in other departments

• Two 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 or joining the Investment Strategy & Risk department 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

THE DETAILS

• Work term Options: Fall 2025 & Winter 2026 (September to April) or Fall 2025 only (September to December)

• 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 Payments & Banking Analyst Co-op/Internship posting on our careers page https://bci.wd10.myworkdayjobs.com/BCI_Careers

• Application deadline: May 29, 2025 at 11:59pm PT

• 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 will 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!