SENIOR MANAGER, UNDERWRITING Greater Toronto Area
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Job Location:
Monthly Salary:
Posted on:
7 hours 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
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
Bachelors 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.
The candidate can also work from the following locations: Scarborough Markham North York Durham Mississauga & Halton
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
Key Skills
- Direct Sales
- Food Safety Experience
- Management Experience
- Process Improvement
- Produce Experience
- Rigging
- Retail Sales
- Operations Management
- Quality Control
- Enterprise Sales
- negotiation
- Sales Support
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.
