Business Development Bank of Canada

SENIOR MANAGER, UNDERWRITING - Laval, Boucherville

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in commerce, business administration, or accounting
  • Accounting designation or CFA; banking experience is a strong asset
  • 3-5 years of relevant experience in underwriting or lending
  • Experience in corporate and syndicated financing
  • Proven ability to analyze and structure complex financial deals
  • In-depth understanding of credit policies and practices
  • Excellent communication skills for negotiation with internal partners and clients

Responsibilities

  • Underwrite high-quality loan proposals by conducting due diligence and analysis
  • Develop terms, pricing, conditions, and covenants based on credit analysis
  • Review loan packages and negotiate with internal partners for deal structuring
  • Participate in resolving compliance issues during negotiations
  • Create innovative solutions for clients while maintaining BDC standards
  • Foster teamwork and cooperation by maintaining strong internal relationships
  • Stay updated on changes in credit policies and industry trends

Benefits

  • Opportunity to work in a diverse and committed team
  • Investment in employee talent and professional development
  • Access to a dynamic work environment
  • Engagement in strategic decision-making affecting businesses across Canada
Full Job Description

**Please note that the successful candidate will be able to work from the Boucherville or Laval office.**


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 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

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

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