SENIOR MANAGER, UNDERWRITING - Multiple positions available
- Boucherville, QC, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Experience
- 3 to 5 years or more of relevant experience
- Posting language
- English
- Posted
Original job description
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
We are looking for a Senior Manager, Underwriting to join our team!
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 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 Overview
The 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
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 accessibility@bdc.ca.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
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...
We are looking for a Senior Manager, Underwriting to join our team!
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 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 Overview
The 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 center 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.
- 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 practices
- Thorough 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 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 accessibility@bdc.ca.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
More about this job
Responsibilities
Underwrite medium- to high-complexity loan proposals by conducting investigations and due diligence, analyzing credit risk, and preparing high-quality proposals with appropriate terms, pricing, conditions, and covenants. Collaborate and negotiate with internal partners and, when needed, clients to structure compliant deals, resolve issues, and develop solutions that work for both the client and BDC.
Requirements
A bachelor's degree in commerce, business administration, or accounting is required, with 3 to 5 or more years of relevant experience. Experience in corporate or syndicated financing, loan writing, and complex deal analysis and structuring is sought; an accounting designation or CFA and banking experience are assets.
Skills
- Credit Analysis
- Loan Underwriting
- Due Diligence
- Financial Analysis
- Deal Structuring
- Credit Risk Assessment
- Loan Writing
- Corporate Financing
- Syndicated Financing
- Credit Judgment
- Negotiation
- Business Acumen
- Communication
- Time Management
- Relationship Management
- Customer Service
Benefits
- Employee Savings and Investment Plan
- Defined Benefit Pension Plan
- Wellness and Health Care Spending Account
- Paid Vacation
- Personal Days
- Sick Days
- Hybrid Work Model
- Learning, Training, and Development Opportunities
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
Keywords
- Commercial Lending
- Loan Underwriting
- Credit Analysis
- Due Diligence
- Credit Risk
- Loan Proposals
- Corporate Financing
- Syndicated Financing
- Loan Writing
- Deal Structuring
- Credit Policies
- Credit Practices
- Pricing
- Covenants
- Compliance
- Account Management
- Banking
- Financial Analysis
- Business Administration
- Accounting
- CFA
- Small Business
- Regulatory Issues
- Customer Service
- Negotiation