SENIOR MANAGER, UNDERWRITING – Temporary 12 month

BDC; Quebec; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Quebec is seeking a Senior Manager, Underwriting. This role involves conducting analyses and due diligence for loan proposals, ensuring compliance, and developing innovative solutions. Candidates should have a degree in commerce or business and 3-5 years of experience in commercial lending. This is a temporary position for 12 months with a hybrid work model.

Benefits

Flexible and competitive benefits

Employee Savings and Investment Plan

Defined Benefit Pension Plan

Wellness and health care spending account

Paid vacation and personal days

Qualifications

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

Responsibilities

• Conduct due diligence for loan proposals.
• Underwrite high-quality proposals and ensure compliance.
• Develop terms, pricing, and conditions for deals.

Skills

Analytical skills

Business acumen

Commercial lending experience

Strong communication skills

Time management

Education

Bachelor’s degree in commerce, business administration or accounting

Accounting designation or CFA

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

**Please note that the successful candidate will be able to work from the Head Office, Boucherville, Quebec or Laval.

*Also note that this role is temporary for 12 months.

We are looking for a Senior Manager, Underwriting to join our team!

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 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.

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

*Please note that temporary employees are not eligible for benefits.

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.