MANAGER, SECURITY & DISBURSEMENT - Western Canada

Business Development Bank of Canada; Calgary; On-site; CAD 90,000 - 110,000; Full time

Benefits offered by this job

Hybrid work model

Health/wlexible benefits

Pension plan

Job summary

Business Development Bank of Canada is seeking a Manager, Security and Disbursement, to ensure thorough due diligence and timely disbursement of loans. You will work with clients, underwriters, and partners to apply bank procedures efficiently while maintaining excellent customer service.

The role emphasizes managing high-pressure, high-volume disbursement files, reviewing offers, and coordinating with solicitors and financial partners to mitigate risk.

Qualifications

• Bachelor’s degree in commerce, business administration or accounting.
• 3–5 years of experience in the financial industry or related field.
• Knowledge of commercial lending processes and the legal aspects related to security taking.
• Excellent analytical and communication skills.
• Strong business acumen and client focus.
• Ability to manage priorities to meet critical deadlines.
• Demonstrated flexibility to adapt to a changing environment.
• Ability to establish relationships with remote team members to foster collaboration.

Responsibilities

• Approve, decline or recommend disbursement within established parameters.
• Mandate, instruct and ensure support with solicitor, coordinate disbursement with other financial partners.
• Review and/or follow up on letters of offers to ensure forms and information are complete and signatures are obtained.
• Identify and foresee potential problems and propose solutions to evaluate risk.
• Process disbursement packages with due diligence and sound account management practices.
• Disburse loans promptly once approved and authorized via credit adjudication.
• Update authorizations, project costs and disbursement strategies to reflect risk.
• Collaborate to resolve compliance or material changes during the disbursement process.
• Maintain relationships with colleagues to foster teamwork and consistent policy application.
• Stay updated on policy/process changes and credit/regulatory trends.

Skills

Analytical skills

Communication skills

Client focus

Time management

Adaptability

Remote collaboration

Education

Bachelor’s degree in commerce, business administration or accounting

Tools

Credit adjudication

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... Explore the BDC Way in our Culture Book

POSITION OVERVIEW The Manager, Security and Disbursement, is responsible for ensuring that all due diligence and verifications are completed prior to the disbursement of loans. The Manager works on files requiring knowledge and experience in external security processes. The Manager also works in close collaboration with the client, the underwriter, the business development lead, other financial partners and the authorizer to ensure that disbursements respect the Bank’s procedures completed in the most efficient manner possible to ensure excellent customer service. This is an individual contributor role with no direct people management responsibilities.

CHALLENGES TO BE MET

• Approve, decline or recommend disbursement within established parameters.
• Mandate, instruct and ensure support with solicitor, co-ordinate disbursement with other financial partners
• Review and/or follow up on letters of offers based on the specific process (i.e., instruction, disbursement, amendment) to ensure that the forms/information are accurate and complete and that requirements and signatures are obtained.
• Capacity to identify and foresee any problems that the file presents and to propose adapted solutions to ensure overall risk is evaluated correctly.
• Process disbursement package by ensuring thorough due diligence and sound account management practices.
• In accordance with the disbursement strategy, promptly disburse loans that have been approved and authorized via the credit adjudication process.
• Update authorizations, project costs and disbursement strategies to ensure that overall risk is evaluated correctly.
• Participate in resolving compliance or material changes that arise during the disbursement process.
• Maintain relationships with business centre personnel and colleagues to foster teamwork, the pursuit of common objectives and the consistent application of policies.
• Provide excellent customer experience in the resolution of basic client issues and elevate complex issues to senior team members.
• Keep abreast of changes to policies, procedures and detailed processes and trends in credit and regulatory issues that may have an impact on BDC.
• Demonstrated capacity to work under high pressure, high volume and handle urgent situations quickly and efficiently.

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in commerce, business administration or accounting.
• Three to five years of experience in the financial industry or related field.
• Business savvy with keen technological sense, creative and resourceful.
• Sound knowledge of commercial lending processes and legal aspects related to security taking.
• Excellent analytical and communication skills.
• Strong business acumen and client focus.
• Ability to manage prioritize to meet critical deadlines.
• Demonstrated flexibility to adapt to a changing environment
• Ability to establish relationships with other team members who work remotely to foster a culture of collaboration to achieve shared objectives.

Locations available: Calgary, Edmonton, Saskatoon, Winnipeg, Vancouver, Fraser Valley or Kelowna.

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.

BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. The only institution whose purpose is to promote the growth of the Canadian economy by focusing on the success of small and medium-sized businesses, with a human touch and a genuine presence. At BDC, we’re changing people’s and businesses’ lives for the better. That’s what makes us unique as a bank. That’s why we are banking at another level.