Private Equity jobs

Overview Sucker Creek First Nation: Business Development Corporation

Sucker Creek First Nation: Business Development Corp. (SCFN-BDC) is the economic development and investment arm of Sucker Creek First Nation (SCFN), a Cree Treaty 8 Nation located on the southwestern shore of Lesser Slave Lake near Enilda, Alberta. SCFN-BDC is wholly owned by SCFN and operates at arm’s length from Chief and Council to generate sustainable, long-term economic prosperity for Members.

SCFN-BDC manages and develops a diversified portfolio across key sectors, including:

- Energy and natural resources

- Infrastructure and utilities

- Real estate and commercial development

- Agriculture and environmental services

- Retail and community-based enterprises

The organization is focused on:

- Building own-source revenue streams

- Create meaningful employment and employment opportunities for Nation members

- Advancing economic sovereignty and self-determination

- Establishing strategic partnerships with industry leaders

- Delivering intergenerational wealth creation for SCFN Members

Responsibilities

1. Governance and Fiduciary Oversight

- Fiduciary duty - Uphold duties of care, loyalty, and good faith in the best interests of SCFN:A-BDC and its shareholder, Sucker Creek First Nation.

- FMB-aligned governance - Ensure adherence to the Company’s governance framework, including policies modelled on FMB, FAL and FMS Standards covering financial administration, internal controls, procurement, capital project oversight, information management, and human resources.

- Risk and controls - Maintain oversight of enterprise risk management, internal controls, and the audit cycle, consistent with FMB-recognized frameworks.

- Independence - Maintain the independence required of directors under the Company’s by-laws and governance policies, including disclosure and management of conflicts of interest.

2. Strategic Leadership

- Long-term planning - Approve and periodically review the Company’s long-term strategic plan, business objectives, and annual operating plan.

- Capital allocation - Provide guidance on capital allocation across the portfolio, ensuring decisions are evaluated on commercial merit and community benefit.

- Major transactions - Evaluate and approve major investments, joint ventures, acquisitions, divestitures, and financings consistent with delegated authority limits.

- Alignment - Ensure alignment between commercial objectives and SCFN community priorities, including employment, training, and revenue distribution.

3. Financial Stewardship

- Budgets and statements - Review and approve annual budgets, multi-year financial plans, capital plans, and audited annual financial statements.

- Financial monitoring - Monitor financial performance, liquidity, solvency, debt service, and return on investment against approved benchmarks.

- Lender relations - Oversee compliance with lender covenants and reporting requirements (FNFA, FNBC, BDC, EDC, and commercial banks), and prudent oversight of debt structures, financing arrangements, and partnership economics.

- Audit oversight - Recommend the appointment of the external auditor; review the annual audit plan and management letter; ensure timely remediation of any findings.

4. Investment and Project Oversight

- Investment discipline - Assess business cases, feasibility studies, and investment proposals against documented investment criteria.

- Sector insight - Provide insight on infrastructure, energy, agriculture, real estate, and industrial development opportunities relevant to the SCFN:A-BDC portfolio.

- Execution risk - Oversee execution risks related to large-scale capital projects, including procurement, contracting, and major project delivery.

5. CEO and Management Oversight

- Executive selection - Recruit, appoint, evaluate, and - when necessary - replace the Chief Executive Officer.

- Performance and compensation - Set annual performance objectives for the CEO, conduct a formal annual review, and oversee executive compensation.

- Mentorship - Provide strategic counsel and mentorship to the executive leadership team without engaging in day-to-day operations.

- Succession- Ensure succession plans are in place for the CEO and other senior leadership positions.

6. Stakeholder and Community Alignment

- SCFN values - Respect and integrate Sucker Creek First Nation values, traditions, governance protocols, and Treaty 8 rights in Board decision-making.

- Transparency - Ensure transparent and accountable reporting to Chief and Council and, where appropriate, to Members.

- Community benefit - Support economic initiatives that deliver measurable community benefit, including employment, training, procurement opportunities, and revenue distribution.

- External relations - Support constructive relationships with industry partners, government, lenders, and Indigenous institutions - without compromising the Company’s arm’s-length independence.

Experience

SCFN-BDC is seeking Directors with expertise in one or more of the following areas:

- Energy and Natural Resources (oil and gas, power generation, renewables)

- Infrastructure and major projects

- Private equity and investment management

- Corporate finance, accounting, and/or capital markets

- Indigenous economic development

- Legal, regulatory, and governance

- Real estate development

- Industrial or manufacturing operations

- Agriculture and environmental services

Qualifications

Required

- Minimum 10-15 years of senior leadership experience (C-suite, Partner, or equivalent).

- Demonstrated experience in capital allocation and strategic decision-making.

- Strong understanding of financial statements, valuation, and investment structuring.

- Sound judgment, financial literacy, and the ability to interpret financial statements at a level consistent with FMB Finance and Audit Committee expectations.

- High personal and professional integrity, with no record that would bring the Company or Nation into disrepute.

- Willingness to undergo a criminal record check and to sign the Company’s confidentiality, conflict-of-interest, and code-of-conduct declarations.

- Ability to commit the time required, including preparation, attendance, and travel for in-person meetings.

Preferred

- Prior Board or governance experience, particularly with Indigenous-owned enterprises, economic development corporations, or comparable entities.

- Sector expertise relevant to the SCFNBDC portfolio (energy, infrastructure, agriculture, real estate, finance).

- Experience structuring or managing joint ventures, impact-benefit agreements, or major commercial contracts.

- Experience working with FNFA, FNBC, BDC, EDC, commercial lenders, or institutional investors.

- ICD.D, GCB.D, CPA, or equivalent governance or financial designation, or a willingness to obtain governance training within 12 months of appointment.

- High degree of cultural awareness; experience working with Indigenous organizations or governments is a strong asset.

Board Compensation

Time Commitment

- Quarterly Board meetings (in-person and/or virtual), plus an annual strategic planning retreat.

- Committee participation (Audit and Finance, Governance and HR, Investment, or Risk and Safety).

- Ad-hoc meetings for major transactions, financings, or strategic initiatives.

- Estimated commitment: 50-75 hours annually, including preparation.

- Hybrid format: most meetings held virtually; in-person meetings held in Enilda or High Prairie, Alberta.

Compensation

- Annual honorarium benchmarked to comparable Indigenous economic development corporations.

- Committee and Chair stipends, where applicable.

- Reimbursement of travel and related expenses in accordance with Company policy.

Work Location: Hybrid remote in Enilda, AB