Associate, Settlements

About Us:

With $313.7 billion of gross assets under management, as of March 31, 2026, 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: July 21, 2026

Reporting to the Lead of Settlements, the Associate, Settlements brings knowledge across trade settlement and payments. The position supports the daily processing of settlements of trades and cash, ensuring transactions are executed accurately and within deadlines, and oversees settlement -related inquiries.

The Associate is a Subject Matter Expert (SME) in the Business as Usual (BAU) operations and works closely with members to ensure daily accountabilities are completed successfully. While expected to troubleshoot issues independently troubleshooting issues, the Associate ensures that urgent / high-risk matters are appropriately escalated.

The Settlements team brings together the post-execution trade life cycle of publicly traded securities and cash payments functions. The team oversees the entire trade life cycle from trade matching to settlement, counterparty onboarding, and asset transitions and is accountable for ensuring that all incoming and outgoing settlements are executed and supported from initiation to delivery.

• 4+ years of progressive experience in the back and middle office of a large asset management or investment firm, including exposure to both trade settlement and payments or treasury operations

• Advanced knowledge of trade settlement, payments and SWIFT

• Strong understanding of trading and settling in global markets, including emerging markets · Strong problem-solving skills and the ability to facilitate post-trade and payment operations in a high-pressure, fast-paced environment

• ‘Change Manager’ with the ability to facilitate significant changes to business processes

• Effective communication and organizational skills with a proven ability to prioritize multiple tasks to meet internal and external deadlines

• Ability to learn, troubleshoot, and train others on new systems and technology effectively

• Experience applying AI agents, automation, and emerging technologies to improve efficiency and reduce operational risk

• Experience with Bloomberg, SWIFT, and payment applications is an asset University degree or diploma in Finance, Economics, Business, or a related field; an equivalent combination of training, education, and experience will be considered

• Provides subject matter expertise across corporate actions, trade settlement (fixed income, repos and equities), payments, and front-to-back investment management systems

• Processes and settles trades across the post-execution life cycle, from trade matching through to settlement, and ensures accurate recording of transactions in BCI’s systems

• Executes payments related in accordance with instructions received through the banking portal, including high-risk, high client impact, and large dollar transactions

• Acts as a ‘change manager’ guiding the team through changes to business processes arising from changes in systems

• Develops and implements new business procedures and ensures team procedures and templates are kept up to date, with the team informed of changes

• Drives innovation by identifying and documenting opportunities that would benefit from business process and/or technology improvements, automation, and best practices

• Troubleshoots issues and errors using all available resources, including custodian reporting, the accounting book of record, the investment book of record, and banking portals

• Investigates queries from internal staff, BCI’s custodian, brokers, and auditors · Ensures all processes meet the minimum audit and internal control framework and actively adheres to compliance and risk management policies

• Mentors and supports the training of team members

• Represents the team as an SME in projects when required, and supports new workflows and processes to deliver the team’s accountabilities and support new investment strategies

• Supports the delivery and implementation of new department initiatives and participates in business continuity planning

This role will be based in our office in downtown Victoria, BC.

The annualized base salary range for this Victoria-based role is CAD $106,000 - $128,000. 

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 [email protected].

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.