SENIOR MANAGER, UNDERWRITING II - Head Office, Laval, Quebec

Business Development Bank of Canada; Laval (administrative region); On-site; CAD 90,000 - 130,000; Full time

Job summary

BDC in Canada seeks a Senior Manager, Underwriting to oversee due diligence and deliver high-quality loan proposals across industries. You will apply rigorous credit analysis and coordinate with internal partners to ensure proposals meet policy and risk standards.

You will structure complex deals, communicate with clients, and drive win‑win outcomes while supporting the bank's growth and compliant lending practices.

Qualifications

• Bachelor’s degree in commerce, business administration or accounting.
• Accounting designation or CFA and banking experience are a definite asset.
• 3–5+ years 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 and strong understanding of credit policies.
• Knowledge of bank products, services and procedures; strong client service.
• Ability to develop win-win solutions for client and BDC.
• Strong communication, negotiation with internal partners and clients.
• Good time management and priority setting, meeting deadlines.
• Strong business acumen.
• Team player with understanding of small business environment.

Responsibilities

• Underwrite high-quality loan proposals for medium to high complexity.
• Develop terms, pricing, conditions, and covenants with thorough credit analysis.
• Review loan packages and negotiate with internal partners on structuring.
• Address compliance or material changes as deals are negotiated.
• Develop win-win solutions for the client and BDC.
• Maintain relationships with business center personnel and internal partners.
• Keep abreast of changes to policies, procedures and regulatory trends.

Skills

Credit analysis

Loan structuring

Financial underwriting

Negotiation

Communication

Teamwork

Time management

Business acumen

Customer service

Education

Bachelor’s degree in commerce, business administration or accounting

Accounting designation or CFA (asset)

Job description

About BDC

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

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.

Senior Manager, Underwriting

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.

What We Are Looking For

• 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

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.