THE OPPORTUNITY
Building Ontario Fund (BOF) is seeking a full-time Senior Investment Associate (This job posting represents an existing vacancy.)
PURPOSE OF POSITION
To contribute significantly to Building Ontario Fund’s (BOF) mandate and priorities by providing expertise, research, and analysis of potential transportation investment opportunities, performing complex financial modelling, completing sector analysis and transaction due diligence, and supporting the investment decision-making processes.
KEY RESPONSIBILITIES
- Lead and conduct comprehensive sponsor, business and sector analyses, to support well- informed investment decision-making.
- Lead and conduct complex underwriting and financial modelling, valuation and sensitivity analysis of potential transportation investment opportunities, to support well-informed investment decision-making.
- Lead internal investment prioritization analysis by assessing financial metrics and public benefit outcomes of potential projects to guide capital allocation decisions.
- Support the due diligence process by preparing workplans, schedules, scopes of work and budgets. Coordinate with external advisors / consultants, and review and comment on 3rd party reports and analysis. Synthesize results of due diligence into coherent summaries and recommendations.
- Plan and lead transportation Equity-risk and Credit-risk evaluation and develop informed and measured opinions and recommendations based on comprehensive research and analysis.
- Prepare a range of briefing materials, including investment memoranda, proposals and briefings, presentations for Investment Committee and the Board, to support the Investment decision-making process.
- Support financial closing of transactions through coordination of deliveries and conditions precedent with Investment Finance, and in-house and external Legal advisors.
- Collaborate closely with internal project teams and with external parties, to gather data and information, develop and track financial and impact assessments, ensure alignment with impact goals and provide comprehensive analysis into the performance and viability of potential investment opportunities.
- Support a collegial team dynamic and mentor and coach junior Investment team members, leveraging strengths and expertise to maximize outcomes and individual growth.
- Stays abreast of trends and news in the assigned sectors and continuously builds and maintains knowledge of investment principles and portfolio management concepts.
Qualifications
Education and Experience
- Degree in Finance, Accounting, Business, Economics, Mathematics, or equivalent.
- MBA (considered an asset)
- Completed or enrolled in CFA program (considered an asset)
- A minimum of 5 years of transportation investment, project finance, transaction advisory, investment banking, private equity, strategy consulting, or related financial sector work.
Knowledge and Skills
- Knowledge of transportation investment theories, principles and practices; business finance/management operations and requirements; sector trends and challenges; and regulatory, partnership and funding/financial issues.
- Financial acumen and the ability to build and audit complex financial models and perform quantitative analysis, and review/understand financial statements and investment metrics.
- Knowledge of risk assessment and risk management principles and due diligence analysis to make balanced recommendations.
- Knowledge of impact measurement frameworks and methodologies.
- Research and business intelligence analytical processes and methodologies to design/conceptualize and lead/coordinate research projects/studies.
- Strong analytical skills with proficiency in quantitative analysis and data interpretation, with the ability to translate complex data into actionable insights.
- Excellent organizational and priority management skills.
- Verbal and written communication skills to articulate complex situations in logical, factual, and clear terms, both verbally and in writing; prepare and present reports, briefing materials and correspondence; represent the BOF with internal and external stakeholders.
- Advanced skills on Excel, PowerPoint, and other internal applications as required.
THE ENVIRONMENT
Physical
Our office at 79 Wellington Street W, Toronto is steps from Union Station, with great dining and transit options.
As part of the Ontario Public Service, BOF requires employees to work in-office five (5) days/week. We believe in-person presence and collaboration strengthens culture and service delivery.
WHAT’S IN IT FOR YOU
Competitive compensation
We offer fair, market-informed salaries that reflect your experience and qualifications, while balancing public sector responsibility.
The expected salary for this role is CA$96,000 - $120,000 for candidates who meet the stated qualifications.
A retirement plan that’s built to last
We offer a defined-benefit (DB) pension through the (Ontario) Public Service Pension Plan (PSPP) that provides predictable and secure income in retirement, indexed to inflation; early retirement options, survivor benefits, and is backed by the Government of Ontario. BOF also matches your contributions 1:1, adding ~9-11% of your salary in long-term value.
Benefits that prioritize your health & wellbeing
For this position, we offer:
- “Day-1” Health, Dental, Life, AD&D and LTD insurance coverage for you and your dependents, with 100% of premiums paid for by BOF, and no annual deductibles or “upgrade” fees
- $750 Health Care Spending Account annually
- Optional supplementary life, AD&D, and critical illness insurance for you and your dependents
- Discounted Corporate Gym Membership Options
- Employee Assistance Program (EAP) for confidential help with mental health, fitness, relationships, nutrition, finances, elder care, and legal services
- Pregnancy & Parental Leave Top-up
- Time to recharge including 4 weeks annual vacation time, 13 paid statutory holidays, 6 paid sick days/ year with up to 124 more days of sick leave at 75% of salary
Accessibility & accommodations
We are committed to an accessible recruitment process. If you require accommodation, please advise us, and we’ll work with you to provide any necessary and reasonable support to facilitate your participation.
Commitment to diversity, equity & inclusion
Diversity and inclusion are core to BOF’s strength. We encourage applications from all backgrounds and identities, and hire through a merit-based process.
AI disclosure
BOF uses AI to support documentation and summarization of candidate conversations
