Senior Manager, Underwriting

We are banking at another level.Choosing BDC as your employer
means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.
Choosing BDC as your employer also means:
Flexible and competitive benefits
, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few
In addition to paid vacation each year, five
personal
days
,
sick days as necessary
, and our
offices are closed
from December 25 to January 1
A
hybrid
work
model that truly balances work and personal life
Opportunities for learning
,
training
and
development
, and much more…
Explore the BDC Way in our Culture Book
We are looking for a Senior Manager, Underwriting to join our team in Toronto!This is an opportunity to put your analytical skills, business acumen and commercial lending experience to good use. You will be responsible for proposing high quality loan proposals in the amount of $1M or more, for businesses in various industries across Canada. If you are looking for an organization that invests in your talent, join our committed and diverse team!
POSITION OVERVIEWThe Senior Manager, Underwriting is responsible for conducting proper investigations and due diligence activities for loan proposals. The Manager, Underwriting, must also present high-quality proposals, which include all appropriate analysis and documentation while ensuring that risk levels are within the parameters of accepted credit practices and BDC policies and procedures.
CHALLENGES TO BE MET
Underwrite high-quality proposals by analyzing and conducting proper investigations and due diligence for medium to high complexity loan proposals.
Develop appropriate terms, pricing, conditions and covenants while ensuring thorough credit analysis, due diligence and sound account management practices.
Review loan packages and, when necessary, negotiate with internal partners (AM/BCM/CRM) on structuring the deal to ensure compliance with BDC policies and procedures.
Participate in the resolution of compliance or material changes that arise as deals are being negotiated and structured.
Develop win-win solutions for the client and BDC through innovative thinking and resourcefulness.
Maintain relationships with business centre personnel, colleagues and internal partners in order to foster teamwork, the pursuit of common objectives and the consistent application of policies.
Keep abreast of changes to policies, procedures and detailed processes and trends in credit and regulatory issues that may have an impact on BDC.
Coach new employees and BDLs;
mentor and share experience with team members.
WHAT WE ARE LOOKING FOR
Bachelor's degree in commerce, business administration or accounting
Accounting designation or CFA and banking experience are a definite asset
3 to 5 years or more of relevant experience
Experience in corporate and/or syndicated financing
Experience in loan writing and ability to analyze and structure complex financial deals
Sound credit judgement coupled with a strong understanding of credit policies and practicesThorough knowledge of Bank products, services, policies and procedures and ability to provide high quality customer service to internal/external clients
Ability to develop win-win solutions for the client and BDC through innovative thinking
Strong communication skills to be able to interact and negotiate with the internal partners and, in certain instances, with clients.
Good time management and priority setting skills in order to meet critical deadlines
Strong business acumen
Team player with a thorough understanding of the dynamics of the small business environment
Proudly
one of Canada's Top 100 Employers
and
one of Canada's Best Diversity Employers
, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at View email address on ca.hrm.tc.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
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