MANAGER / SENIOR MANAGER, PORTFOLIO MANAGEMENT

Business Development Bank of Canada; Kitchener; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible benefits

Wellness spending account

Learning & development

Job summary

Business Development Bank of Canada (BDC) seeks a Manager / Senior Manager, Portfolio Management to maintain the loan portfolio by processing service requests and annual reviews across the loan life cycle, analyzing complex requests and proposing solutions aligned with bank policies.

You will monitor profitability during annual reviews, assess client risk, and collaborate with Credit and business centres to optimize agreements.

Qualifications

• Bachelor’s degree in Commerce or Business Administration.
• Three to five years’ experience as an account manager in the banking sector.
• In-depth knowledge of banking products, services, policies, processes, and procedures.
• Ability to analyze complex financial structures.
• Ability to identify and solve problems pro-actively with good judgment.
• Good time management skills and ability to set priorities to meet tight deadlines.

Responsibilities

• Follow up on outstanding issues in the files per audit policies and ensure information is accurate and complete.
• Validate portfolio profitability during annual reviews and identify opportunities (financing or consulting).
• Review financial statements and evaluate the risk rating.
• Address potential risks and propose proactive solutions to restructure agreements, minimize risk and mitigate losses in collaboration with Credit and business centres.
• Authorize, decline, or recommend services within parameters and ensure due diligence for loan amendments and service requests.
• Maintain relationships with business centre personnel to foster teamwork and shared objectives.
• Coach, mentor and share experience with team members.
• Stay abreast of economic trends and policy changes affecting clients and the Bank.

Skills

Banking knowledge

Financial analysis

Problem solving

Time management

Team player

Bilingual (EN/FR)

Education

Bachelor's degree in Commerce or Business Administration

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 fewIn addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1A hybrid work model that truly balances work and personal lifeOpportunities for learning, training and development, and much more...Explore the BDC Way in our Culture BookPOSITION OVERIVEWThe Manager / Senior Manager, Portfolio Management contributes to updating the Bank’s loan portfolio by processing service requests and annual reviews required during the life cycle of a loan. He or she analyzes and recommends complex and advanced service requests and supports the Business Development team in developing efficient solutions to meet the client’s requests while adhering to the Bank’s policies and directives.CHALLENGES TO BE METFollow up on outstanding issues in the files in accordance with BDC’s audit policies, processes, and procedures by ensuring that the forms and information are accurate and complete, the conditions are met, and the signatures are obtainedWhen completing an annual review, validate the profitability of the portfolio by monitoring the client’s borrowing activities and identify additional opportunities (financing or consulting) and be proactive to retain existing clientsReview financial statements, complete the financial analysis, and evaluate the risk ratingActively address situations where potential risks are identified, such as arrears, risk deterioration and declining financial resultsEvaluate high and advanced risk requests and offer proactive solutions to restructure agreements, minimize risk and mitigate losses in collaboration with Credit, the business centres and other internal colleaguesAuthorize, decline, or recommend services, within the established parameters, and ensure a high calibre of analysis and due diligence for all loan amendments and service requestsMaintain relationships with business centre personnel and colleagues to foster good teamwork and the pursuit of common objectives and the consistent application of policiesCoach, mentor and share experience with team membersKeep abreast of economic trends in his or her region and any potential impact for the Bank’s clientsKeep abreast of changes made to policies, procedures, and detailed processes and of trends in credit and regulatory issues that may have an impact on BDCWHAT WE ARE LOOKING FORBachelor’s degree in Commerce or Business AdministrationThree to five years’ experience as an account manager in the banking sectorIn-depth knowledge of banking products, services, policies, processes, and proceduresAbility to analyze complex financial structuresAbility to identify and solve problems pro-actively with good judgmentDemonstrated flexibility to adapt to a changing environmentGood time management skills and ability to set priorities to meet tight deadlinesCooperative attitudeBilingualism is an assetProudly 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] we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.