SENIOR MANAGER, UNDERWRITING/MANAGER, UNDERWRITING - Vancouver and Greater Vancouver Areas

Job summary

Underwrite medium- to high-complexity loan proposals by conducting investigations and due diligence, analyzing credit risk, and developing appropriate terms, pricing, conditions, and covenants. Collaborate with internal partners to structure compliant deals, resolve issues, support client-focused solutions, maintain relationships, and coach team members.

Job details

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 Bachelor’s 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. Locations: Vancouver, Burnaby, Kelowna, Richmond, Tri-Cities 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 accessibility@bdc.ca. While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.

What you’ll do

Underwrite medium- to high-complexity loan proposals by conducting investigations and due diligence, analyzing credit risk, and developing appropriate terms, pricing, conditions, and covenants. Collaborate with internal partners to structure compliant deals, resolve issues, support client-focused solutions, maintain relationships, and coach team members.

Requirements

A bachelor’s degree in commerce, business administration, or accounting is requested, with 3–5 or more years of relevant experience and experience in corporate or syndicated financing. Candidates should have loan-writing and complex deal analysis and structuring abilities, sound credit judgment, knowledge of banking products and policies, strong communication and negotiation skills, and business acumen; a CPA designation, banking experience, and French-English bilingualism are assets.

Benefits

• Flexible Benefits • Employee Savings and Investment Plan • Defined Benefit Pension Plan • Wellness and Health Care Spending Account • Paid Vacation • Personal Days • Sick Days • Office Closure from December 25 to January 1 • Hybrid Work Model • Learning and Development Opportunities

Listed skills

• Time management · Preferred
• Customer service · Preferred
• Teamwork · Preferred
• Compliance · Preferred
• Negotiation · Preferred
• Communication · Preferred
• Financial analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Credit Analysis
• Loan Underwriting
• Due Diligence
• Financial Analysis
• Deal Structuring
• Credit Risk Assessment
• Loan Documentation
• Negotiation
• Relationship Management
• Compliance
• Business Acumen
• Time Management
• Communication
• Teamwork
• Coaching and Mentoring
• Customer Service
• Resourcefulness
• Credit Policies
• Syndicated Finance
• Bilingual (French/English)
• Account Management
• Accounting
• Underwriting
• Banking
• Customer Relationship Management
• Business Administration
• Investments
• Training And Development
• Innovation
• Loans
• Market Environment
• Covenants
• Investigation

Job areas

• Finance & Accounting
• Management & Leadership
• Account Manager/Underwriting Assistant
• Business Banker
• Financial and Insurance Services Branch managers
• Securities, Commodities, and Financial Services Sales Agents