Business Development Bank of Canada

SENIOR MANAGER, UNDERWRITING/MANAGER, UNDERWRITING - Vancouver and Greater Vancouver Areas

Business Development Bank of Canada • $100K — $120K *
Kennewick, WA 99336In-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 and banking experience are beneficial
  • 3-5 years of relevant experience
  • Experience in corporate and/or syndicated financing
  • Strong credit judgment with knowledge of credit policies
  • Excellent communication and negotiation skills
  • Team player experienced in small business and mid-market dynamics

Responsibilities

  • Underwrite medium to high complexity loan proposals with thorough analysis
  • Develop terms, pricing, conditions, and covenants for loan agreements
  • Review and negotiate loan packages with internal teams for compliance
  • Resolve compliance issues during deal negotiations
  • Foster relationships with colleagues and business center personnel
  • Stay updated on credit and regulatory trends affecting BDC
  • Coach and mentor new employees and team members

Benefits

  • Professional development opportunities
  • Collaborative work environment
  • Opportunity to influence innovative client solutions
  • Supportive team culture
  • Exposure to diverse loan structures and financial products
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.


Locations: Vancouver, Burnaby, Kelowna, Richmond, Tri-Cities

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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