MANAGER OR SENIOR MANAGER, UNDERWRITING - Future opportunities

Business Development Bank of Canada; Montreal; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A national financial institution is seeking a Manager or Senior Manager in Underwriting to conduct thorough investigations and analysis for loan proposals. The ideal candidate will have a Bachelor's degree, solid experience in corporate financing, and strong negotiation skills. This position promotes a hybrid work model, allowing for a balance between professional and personal life.

Benefits

Flexible benefits

Employee Savings and Investment Plan

Defined Benefit Pension Plan

Wellness spending account

Paid vacation and personal days

Qualifications

• 3 to 5 years of relevant experience in underwriting or similar roles.
• Experience in corporate and/or syndicated financing.
• Ability to analyze and structure complex financial deals.

Responsibilities

• Underwrite high-quality loan proposals through proper investigations.
• Develop terms and negotiate loans with internal partners.
• Coach new employees and mentor team members.

Skills

Credit analysis

Negotiation skills

Time management

Bilingualism (French/English)

Team collaboration

Education

Bachelor's degree in commerce, business administration or accounting

CPA designation

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 :

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...

Please note that this posting is intended to establish a pool of qualified candidates for future opportunities.While there may not be an immediate vacancy, all applications will be carefully reviewed.Candidates whose skills and experience closely align with our anticipated needs may be contacted.

POSITION OVERVIEW

The Manager or 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

CPA designation 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 in order to meet critical deadlines

Strong business acumen

Team player with a thorough understanding of the dynamics of the small business environment

Bilingualism (French / English) is required

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 [e-mail] .

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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