SENIOR MANAGER, UNDERWRITING Toronto, Calgary, Vancouver
Job Summary
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
POSITION OVERVIEW
As the only bank dedicated exclusively to Canadian entrepreneurs BDC supports the growth of small and medium-sized businesses across Canada. The Senior Manager Underwriting - Corporate Financing plays a critical role in this mission by leading indepth credit analysis and due diligence for complex corporate financing transactions.
This role is accountable for delivering highquality underwriting recommendations that balance sound risk management with innovative clientfocused solutions. Your work contributes directly to the success of Canadian businesses while collaborating closely with internal partners in an inclusive professional environment where you can be yourself at work.
CHALLENGES TO BE MET
- Underwrite highcomplexity corporate financing transactions by conducting detailed financial analysis investigations and due diligence in line with BDC credit policies and regulatory standards.
- Structure financing proposals including terms pricing conditions and covenants to ensure appropriate risk mitigation and sustainable account management.
- Review loan packages and collaborate with internal partners (Director - Corporate Financing Regional Director - Corporate Financing Credit Risk Management) to structure compliant and wellbalanced deals.
- Identify and resolve compliance issues or material changes arising during deal negotiation and structuring.
- Develop winwin financing solutions that meet client needs while protecting BDCs risk position through sound judgment and innovative thinking.
- Maintain strong working relationships with Corporate Financing teams and internal stakeholders to ensure consistent application of credit policies and shared objectives.
- Stay current on changes to credit policies procedures regulatory requirements and market trends affecting corporate lending.
- Coach and mentor Underwriters and Directors by sharing expertise best practices and underwriting standards.
WHAT WE ARE LOOKING FOR
- Bachelors degree in Commerce Business Administration Accounting or a related field.
- Minimum of 5 years of relevant professional experience in credit analysis underwriting or corporate lending.
- Proven experience in loan writing and underwriting complex financial transactions.
- Demonstrated ability to analyze financial statements and structure corporate financing deals.
- Strong credit judgment with a clear understanding of credit risk management principles policies and practices.
- Ability to negotiate deal structures with internal partners and stakeholders.
- Strong written and verbal communication skills for interaction with internal and external clients.
- Effective time management and prioritization skills to meet critical deadlines.
- Strong business acumen.
Preferred Qualifications
- Professional designation such as CPA CBV CFA or MBA.
- Experience in corporate banking and/or syndicated financing.
- Indepth knowledge of BDC products services policies and procedures.
- Prior experience coaching or mentoring underwriting or credit professionals.
Proudly one of Canadas Top 100 Employers and one of Canadas 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 .
While we appreciate all applications we advise that only the candidates selected to participate in the recruitment process will be contacted.
Required Experience:
Senior Manager
About Company
We are BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. We help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.