SENIOR MANAGER, UNDERWRITING - Vancouver

BDC • Vancouver, BC

3d • Hybrid

About The Position

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.

Requirements

• Bachelor’s degree in commerce, business administration or accounting
• 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

Nice To Haves

• CPA designation and banking experience are a definite asset
• Bilingualism (French/English) is an asset.

Responsibilities

• 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.

Benefits

• Flexible and competitive benefits
• Employee Savings and Investment Plan where BDC matches part of your voluntary contributions
• Defined Benefit Pension Plan
• $750 wellness and health care spending account
• Paid vacation each year
• five personal days
• sick days as necessary
• offices are closed from December 25 to January 1
• Hybrid work model

What This Job Offers

• Job Type: Full-time
• Career Level: Senior