Manager, Loan Operations And Disbursements
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Job Location:
Monthly Salary:
Posted on:
Yesterday
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 Manager Loan Operations and Disbursements is responsible for overseeing loan operations disbursements and related accounting activities ensuring accuracy efficiency continuity and compliance with regulatory and internal requirements. This role acts as a subjectmatter expert in financial systems data flows and business rules while leading a team responsible for processing high volumes of complex financial transactions with direct client impact.
CHALLENGES TO BE MET
Provide strong expertise in multiple financial and banking applications (CLICS Abacus Bank of Montreal National Bank) including data flows and controls across systems.
Maintain indepth knowledge of business rules and procedures covering the full loan lifecycle for Financing and Growth and Transition Capital transactions.
Identify recommend and implement system and process improvements to enhance efficiency automation and capacity in a highvolume complex environment.
Support Operations by resolving complex transactions exceptional situations and errors impacting clients.
Lead and manage the team in collaboration with two team leads including recruitment onboarding training employee engagement performance management and resource capacity planning.
Foster a high level of expertise engagement and versatility within the team to sustain service quality and operational continuity.
Ensure BDCs compliance with internal policies Canadian banking regulations and Payments Canada requirements.
Maintain strong internal controls and collaborate with internal and external audit teams.
Build and sustain strong partnerships with key internal stakeholders including Financing Operations business centres shared services (underwriting portfolio management security and disbursements) Syndication risk management legal services IT and other Finance functions.
Actively contribute to enterprise-wide strategic initiatives impacting Finance systems and processes related to Financing including the analysis of new products initiatives and programs. Recommend best practices to enhance efficiency data integrity and internal controls.
Act as a key leader in Finances Business Continuity Plan given the critical nature of loan operations.
WHAT WE ARE LOOKING FOR
Bachelors degree in Commerce or Accounting; CPA designation considered an asset.
Minimum of 10 years of relevant experience including several years in banking operations and people leadership roles.
Proven experience in loan operations and/or banking accounting.
Strong expertise in financial systems data flows and internal controls.
Excellent analytical and problemsolving skills.
Minimum of 10 years of relevant experience including several years in banking operations and people leadership roles.
Bilingualism (English and French) 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:
Manager
Key Skills
- Six Sigma
- Lean
- Management Experience
- Process Improvement
- Microsoft Outlook
- Analysis Skills
- Warehouse Management System
- Operations Management
- Kaizen
- Leadership Experience
- Supervising Experience
- Retail Management
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.
