Senior Manager, Valuations

BCI•Victoria, BC

3d•$124,000 - $155,000•Hybrid

About The Position

BCI seeks a valuation leader to apply their private markets expertise within one of Canada’s largest asset managers. Based in Victoria, BC, the Senior Manager, Valuations is responsible for the execution of BCI’s private investment valuation processes across Private Equity, Infrastructure and Renewable Resources, and Private Credit. The role includes reviewing complex valuation work and supporting the development of junior team members. Reporting to the Director, Valuations, this role is responsible for leading valuation processes and exercising sound judgment on fair value matters across assigned portfolios. The Senior Manager oversees external valuator relationships, prepares analysis and conclusions for the Valuation Committee and senior management, and contributes to valuation policy, governance, and continuous improvement, including the thoughtful use of technology and AI to enhance efficiency and controls.

Requirements

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
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
Excellent written and verbal communication skills, with the ability to clearly articulate complex valuation matters to senior management and committee audiences

Nice To Haves

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

Responsibilities

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 auditors.
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.
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.
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.
Provides coaching, performance management, and onboarding support for direct reports within assigned workstreams.