SENIOR MANAGER, UNDERWRITING AND PORTFOLIO MANAGEMENT II - Across the Province of Quebec

BDC; Montreal; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

BDC, a leading financial institution, is seeking a Senior Manager, Shared Services II, for a hybrid role that involves conducting due diligence for loan proposals. The ideal candidate will have a strong background in credit assessment, with the ability to manage complex financial transactions and provide exceptional client service.

Benefits

Flexible and competitive benefits

Employee Savings and Investment Plan

Defined Benefit Pension Plan

$750 wellness and health care spending account

Paid vacation and personal days

Hybrid work model

Opportunities for learning and development

Qualifications

• Minimum 5 years of relevant experience.
• Experience in loan writing and structuring financial deals.
• Thorough understanding of Bank products, services, policies, and procedures.

Responsibilities

• Conduct investigations and due diligence for loan proposals and reviews.
• Evaluate clients' lending and recommend solutions.
• Autonomously underwrite high complexity loans.

Skills

Strong communication skills

Sound credit judgement

Team player

Time management

Business acumen

Ability to analyze complex financial deals

Education

Bachelor’s degree in commerce, business administration or accounting

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...

POSITION OVERVIEW

The Senior Manager, Shared Services II (Hybrid team) is responsible for conducting proper investigations, due diligence activities for loan proposals, Annual Reviews and Amendment Service Requests, with a focus on Corporate Financing transactions, high commitment accounts, complex transactions and specialized industries. The Senior Manager II, Shared Services must also present high-quality comprehensive proposals, which include both loan and concurrent amendment submissions necessary to provide an optimal internal and external client experience. Proposals 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

• Using a holistic approach, evaluate the client's current and proposed lending to recommend comprehensive solutions that optimize internal and external client experience.

• Ability to autonomously underwrite and administer high and advanced complexity loans including high commitments and specialized industries, ensuring high quality analysis, proper investigations and due diligence, taking ownership of the end-to-end shared services process on these files.

• Develop appropriate terms, pricing, conditions and covenants while ensuring thorough credit analysis, due diligence and sound account management practices.

• 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,

• Collaborate effectively with the Corporate Financing team, business centre personnel, Underwriting and Portfolio Management colleagues, and internal partners 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 and colleagues in both Underwriting and Portfolio Management.

• Be a change agent for key initiatives that will impact all shared services teams.

• Foster innovation by recommending and implementing improvements and changes to BDC processes to continue to grow and enhance the "hybrid team" offering.

• Maintain a high level of service managing several requests for loans and administration concurrently.

• Be agile and able to pivot quickly to respond to high level of demand in either Underwriting or Portfolio Management.

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in commerce, business administration or accounting

• 5 years of relevant experience

• 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 and a comprehensive approach, considering both new financing as well as amendments to existing financing, concurrently.

• Strong communication skills to be able to interact with clients and negotiate with the internal partners.

• 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

• Demonstrated flexibility to adapt to a changing environmentwhere continuous improvement is expected.

*Candidates located outside of Québec who have knowledge of French and have familiarity with the Civil Code are encouraged to apply.
We welcome applicants who work Eastern Time hours and are comfortable working in French.

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.