MANAGER, SECURITY & DISBURSEMENT Toronto

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

At BDC the only bank dedicated exclusively to Canadian entrepreneurs this role plays a critical part in ensuring approved financing is disbursed securely accurately and on time. The Manager Security and Disbursement is responsible for completing all due diligence and verification activities prior to loan disbursement particularly for files involving external security structures. Working closely with clients underwriters business development teams legal counsel and financial partners this role ensures disbursements comply with BDC policies while delivering a highquality client experience. Your work contributes directly to the success of small and mediumsized businesses across Canada.

CHALLENGES TO BE MET

• Approve decline or recommend loan disbursements within established authorization and risk parameters.

• Coordinate with solicitors and other external legal parties; mandate instruct and ensure followup to support timely disbursement.

• Collaborate with other financial partners to coordinate disbursement activities.

• Review letters of offer and related documentation (instructions disbursements amendments) to ensure accuracy completeness required conditions and valid signatures.

• Identify potential risks issues or gaps in files and proactively propose appropriate solutions to ensure overall risk is assessed correctly.

• Process disbursement packages by completing thorough due diligence and applying sound account management practices.

• Disburse authorized loans promptly in accordance with approved credit adjudication decisions and disbursement strategies.

• Update authorizations project costs and disbursement strategies to reflect material changes and manage risk exposure.

• Participate in the resolution of compliance issues or material changes arising during the disbursement process.

• Maintain strong working relationships with business center personnel and internal partners to support teamwork and consistent application of policies.

• Deliver an excellent customer experience by resolving basic client issues and escalating complex matters to senior team members when required.

• Stay current on changes to policies procedures credit practices and regulatory requirements that may impact BDC.

• Operate effectively in a highvolume highpressure environment managing urgent situations with accuracy and efficiency while contributing to BDCs inclusive and collaborative culture where you can be yourself at work.

WHAT WE ARE LOOKING FOR

Required Qualifications

• Three to five (35) years of experience in the financial industry or a related field.

• Demonstrated knowledge of commercial lending processes.

• Demonstrated knowledge of legal aspects related to security taking and loan disbursement.

• Experience conducting due diligence and managing loan disbursement documentation.

• Strong analytical skills with the ability to identify risks issues and solutions.

• Clear written and verbal communication skills.

• Strong business acumen and clientfocused approach.

• Proven ability to manage priorities and meet critical deadlines in a highvolume environment.

• Demonstrated flexibility and ability to adapt to changing processes and priorities.

• Ability to build effective working relationships with team members and stakeholders including colleagues working remotely.

Preferred Qualifications

• Bachelors degree in commerce business administration accounting or a closely related field

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.