Director, Stewardship
About The Position
BCI is seeking a Director, Stewardship to join our ESG team within Capital Markets & Credit Investments (CM&CI). In this leadership role, you'll take the reins of BCI's stewardship program, driving meaningful engagement with portfolio companies, boards, and global standard-setters to deliver on the Influence pillar of BCI's Corporate ESG Strategy and Climate Action Plan. The focus of the role is developing and maintaining a comprehensive engagement program covering both equities and fixed income including proxy voting, direct and collaborative engagement. In addition to stewardship responsibilities, the Director will have direct reports and broadly serve as a mentor to junior members of the team. The Director, Stewardship role involves interacting with many BCI internal and external stakeholders on ESG matters. The main stakeholders are internal CM&CI teams; portfolio company management teams and board directors; standard-setting organizations; domestic and global investment peers; and, investor-led collaborative engagement organizations, such as Climate Action 100+.
Requirements
- Relevant university degree complemented by research/industry experience
- Minimum 10 years of ESG experience including at least 7 in financial services/Capital Markets
- Experience in conducting engagements with senior management and board directors with advanced knowledge of stakeholder relationship management
- Demonstrated ability to communicate clearly and persuasively, in writing and verbally
- Advanced knowledge of material ESG issues and their risk/return impacts, especially corporate governance
- Demonstrated quantitative and qualitative analysis and research experience
- Strong risk management mindset
- Diplomatic, tactful, and strong interpersonal skills
- Strategic thinker with strong business judgment
- Experience managing a team with direct reports and/or matrix structure
Nice To Haves
- A graduate degree, MBA, CFA, and/or JD
- Relevant professional designation
- Specialized knowledge of ESG risks in international markets
Responsibilities
- Leads the engagement program for CM&CI and delivers tangible engagement outcomes
- Identifies effective ways of sharing insights across asset class teams to create value
- Implements the Influence pillar of BCI’s Corporate ESG Strategy covering all environmental, social and governance matters
- Implements the top financed emitters engagement strategy out to 2030
- Contributes to client reporting on stewardship activities and outcomes
- Has overall responsibility for the proxy voting program in Capital Markets
- Provides leadership and mentoring to direct reports to foster the desired culture
- Represents BCI at relevant industry conferences to maintain BCI’s leadership and reputation as a world class asset manager
- Periodically reviews engagement priorities to ensure proper allocation of resources
- Has oversight of external research providers necessary for stewardship activities
- Maintains an appropriate balance between direct and collaborative engagement
- Collaborates with internal investment teams where we have active holdings and ensure alignment on engagement strategies
- Contributes to policy engagement where it impacts capital markets and stewardship
- Maintains a global network of institutional peers
- Serves on the leadership team for ESG ensuring activities are prioritized appropriately and objectives are being met
- Represents BCI at client meetings as well as the BCI Board providing ESG intelligence as it relates to stewardship practices
Benefits
- performance-based incentive plan
- comprehensive health & dental benefits
- defined benefit pension plan
- paid time off
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What This Job Offers
Job Type
Full-time
Career Level
Director
