SENIOR MANAGER UNDERWRITING, COMMUNITY BANKING – Lending Solutions – (Across Canada) in Montreal, Canada

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…

*This role requires bilingualism in French & English.

POSITION OVERVIEW

BDC aims to increase its impact on the Canadian economy by fueling the dreams of entrepreneurs through access to financial solutions and holistic support. Our renewed purpose “empower a nation of dreamers and doers to build a better tomorrow for all” elevates our role in the Canadian ecosystem. Central to this is the ambition to reach more entrepreneurs, including underrepresented and underserved, by leveraging lending partnerships. The Community Banking unit is a vehicle for this strategy, designing, testing and deploying transformative financing and non-financing solutions through meaningful relationships with external partners (B2B2C model).

Reporting to the Lead, Community Banking – Lending Solutions, the Senior Underwriter, Community Banking – Lending Solutions is responsible for conducting proper investigations and due diligence activities for partners indirect lending proposals. The individual 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. This is an exciting opportunity for an experienced underwriter to gain exposure to complex partnership transactions on a national level and collaborate with Financial Institutions and partners alike to have a positive and long impact on the Canadian economy.

CHALLENGES TO BE MET

• Structure highly complex lending partnership agreements, envelopes of up to $400MM, by applying expert credit analysis, due diligence and sound account management practices to develop appropriate terms, pricing, conditions and covenants

• Act as first line of defense in negotiation discussions with senior leaders of Financial Institutions and Partners to design and operationalize optimal risk solutions

• Build risk mitigation strategies to support new & existing partnerships (75 Partners Canada-Wide)

• Liaise and build strong relationship with internal partners (IRM/Legal/CRM) to negotiate and structure partnership agreement while ensuring compliance with BDC policies and procedures.

• Participate in the resolution of compliance or material changes that arise

• Develop win-win-win solutions for the partner, client’s and BDC through innovative thinking and resourcefulness.

• Keep abreast of changes to policies, procedures and detailed processes and trends in credit and regulatory issues that may have an impact on BDC.

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in commerce, business administration or accounting (Masters or MBA, an asset)

• Accounting designation or CFA charter holder and banking experience are a definite asset

• 7-10 years or more of relevant experience in capital modeling, financial structuring or corporate finance

• A passion for supporting underrepresented and underserved entrepreneurs

• 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

• Ability to develop win-win solutions for the partner, the end-client and BDC through innovative thinking

• Strong communication skills to be able to interact and negotiate with lending partners and, in certain instances

• Good time management and priority setting skills to meet critical deadlines

• Flexible and enjoys working in a dynamic and changing environment

• Ability to work under pressure and deliver within tight deadlines in a fast-paced environment

• Bilingualism (English and French), orally and written, is required

Proudly one of Canada’s Top 100 Employers and one of Canada’s 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 [email protected] .

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.