Business Development Bank of Canada

SENIOR MANAGER, UNDERWRITING - Calgary

Business Development Bank of Canada • $90K — $120K *
Calgary, AB T1Y 7M8In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in commerce, business administration, or accounting
  • CPA designation preferred; banking experience advantageous
  • 3-5 years of relevant underwriting experience
  • Expertise in corporate and/or syndicated financing
  • Proven ability to analyze and structure complex loan proposals
  • Strong credit judgement and knowledge of credit policies
  • Excellent communication and negotiation abilities
  • Bilingualism in French and English is a plus.

Responsibilities

  • Underwrite and analyze medium to high complexity loan proposals
  • Develop terms, pricing, and covenants following thorough credit analysis
  • Review loan packages and negotiate structuring with internal partners
  • Resolve compliance issues and adapt to changes during deal negotiations
  • Create innovative solutions for clients while adhering to BDC policies
  • Foster teamwork by maintaining relationships with business center personnel
  • Stay updated on credit and regulatory trends affecting BDC
  • Mentor new employees and share expertise with team members.

Benefits

  • Comprehensive health insurance
  • Professional development opportunities
  • Coaching and mentorship programs
  • Collaborative team environment
  • Flexible working hours
  • Support for continuing education and certifications.
Full Job Description
POSITION OVERVIEW

The Senior Manager, Underwriting is responsible for conducting proper investigations and due diligence activities for loan proposals. The Senior 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.
  • Coach new employees and BDLs; mentor and share experience with team members.


WHAT WE ARE LOOKING FOR
  • Bachelor's degree in commerce, business administration or accounting
  • CPA designation 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 and mid-market environment
  • Bilingualism (French/English) is an asset.

About Business Development Bank of Canada

The Business Development Bank of Canada (BDC) is a federal Crown corporation that provides financing, advisory services, and capital to Canadian businesses. The bank was founded in 1944 and is headquartered in Montreal, Quebec. BDC offers a range of financial services, including loans, venture capital, and consulting services. The bank focuses on small and medium-sized businesses, and has a particular emphasis on supporting entrepreneurs and startups. BDC has offices across Canada and works with businesses in a variety of industries, including manufacturing, technology, and services.
Learn more about Business Development Bank of Canada
Size
2,000 employees
Industry
Finance & Insurance
* Ladders Estimates

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