ASSISTANT VICE PRESIDENT, CREDIT AND INVESTMENT RISK MANAGEMENT Growth and Transition Capital

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profile Job Location:

Montreal - Canada

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

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

*Please note that this role requires bilingualism in English and French spoken and written.

POSITION OVERVIEW

The Assistant Vice President (AVP) Credit & Investment Risk Management (CIRM) in collaboration with the Vice President CIRM will maintain and improve the quality of BDCs Growth and Transition Capital (GTC) portfolio by authorizing and monitoring transactions; ensuring adherence to solid due diligence principles; providing appropriate effective challenge within established policies and guidelines. The AVP is responsible for decisioning of loan authorizations disbursements and amendments in alignment with BDCs risk appetite.

Growth and Transition Capital provides customized financing solutions (mezzanine cash flow MRR unitranche andquasi-equityfinancing) to support companies growth.

The AVP must establish and maintain a strong relationship with Growth & Transition Capital teams through communication training transaction alignments guidance and support.

CHALLENGES TO BE MET

  • Decision loans disbursements and amendments within established authorization limits and guidelines and aligned to BDCs risk appetite.

  • Maintain and improve the quality of customer service through timely effective and professional service to first line personnel while ensuring the integrity of the portfolio through adherence to due diligence and administrative processes.

  • Coach provide guidance and contribute to continuous development of Growth & Transition Capital employees in all aspects of credit by providing feedback on strengths and development needs helping to identify training solutions supporting onboarding of new employees promoting knowledge transfer as well as sharing best practices.

  • Contribute to the execution of business plans and growth strategies by ensuring that solid credit & investment due diligence processes are in place and by developing and maintaining strong communications with first line management/employees to closely monitor key variables for successful delivery of financial support to entrepreneurs.

  • Regular participation to team meetings and conferences provide training to areas of responsibility within Growth & Transition Capital.

  • Be proactive in identifying and recommending enhancements in loan & investment policies processes and products contribute to implementation and assist employees in their application and interpretation including current issues related to credit & investment risk and industry sectors.

  • Participate and/or lead various Corporate and/or business unit projects to support continuous improvement of existing processes and productivity.

  • Contribute to Credit and investment risk management of Growth Equity and Climate Tech Funds.

WHAT WE ARE LOOKING FOR

  • Minimum of 10 years of experience at BDC and/or another financial institution/investment fund

  • Experience in underwriting credit risk or management position

  • Knowledge and experience in cash flow mezzanine unitranche MRR lending quasi-equity equity an asset

  • Ability to understand the business model and context and focus on key issues

  • Ability to work independently rigour and strong priority management

  • Solutions oriented while balancing risk ability to make recommendations and decisions aligned to key issues and broader business considerations and context;

  • Ability to establish and maintain effective working relationships across the business units and the organization;

  • Strong interpersonal and communication skills ability to address issues tactfully and effectively even in challenging situations;

  • Strong credit acumen

  • Effective coaching skills

  • Bachelors degree in Finance or Business Administration

  • Bilingualism in English and French spoken and written is required.

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:

Exec

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 pr...
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Key Skills

  • Presentation Skills
  • Risk Management
  • Financial Services
  • IFRS
  • Banking
  • Pricing
  • Analysis Skills
  • Securities Law
  • Investment Banking
  • Relationship Management
  • Strategic Planning
  • Leadership Experience

About Company

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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.

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