SENIOR MANAGER, UNDERWRITING

BDCMontreal, QC
Hybrid

About The Position

As the only bank dedicated exclusively to Canadian entrepreneurs, BDC supports the growth of small and medium-sized businesses across Canada. The Senior Manager, Underwriting - Corporate Financing plays a critical role in this mission by leading in‑depth credit analysis and due diligence for complex corporate financing transactions. This role is accountable for delivering high‑quality underwriting recommendations that balance sound risk management with innovative, client‑focused solutions. Your work contributes directly to the success of Canadian businesses while collaborating closely with internal partners in an inclusive, professional environment where you can be yourself at work.

Requirements

  • Bachelor’s degree in Commerce, Business Administration, Accounting, or a related field.
  • Minimum of 5 years of relevant professional experience in credit analysis, underwriting, or corporate lending.
  • Proven experience in loan writing and underwriting complex financial transactions.
  • Demonstrated ability to analyze financial statements and structure corporate financing deals.
  • Strong credit judgment with a clear understanding of credit risk management principles, policies, and practices.
  • Ability to negotiate deal structures with internal partners and stakeholders.
  • Strong written and verbal communication skills for interaction with internal and external clients.
  • Effective time management and prioritization skills to meet critical deadlines.
  • Strong business acumen.
  • Bilingualism (English and French), oral and written.

Nice To Haves

  • Professional designation such as CPA, CBV, CFA, or MBA.
  • Experience in corporate banking and/or syndicated financing.
  • In‑depth knowledge of BDC products, services, policies, and procedures.
  • Prior experience coaching or mentoring underwriting or credit professionals.

Responsibilities

  • Underwrite high‑complexity corporate financing transactions by conducting detailed financial analysis, investigations, and due diligence in line with BDC credit policies and regulatory standards.
  • Structure financing proposals, including terms, pricing, conditions, and covenants, to ensure appropriate risk mitigation and sustainable account management.
  • Review loan packages and collaborate with internal partners (Director - Corporate Financing, Regional Director - Corporate Financing, Credit Risk Management) to structure compliant and well‑balanced deals.
  • Identify and resolve compliance issues or material changes arising during deal negotiation and structuring.
  • Develop win‑win financing solutions that meet client needs while protecting BDC’s risk position through sound judgment and innovative thinking.
  • Maintain strong working relationships with Corporate Financing teams and internal stakeholders to ensure consistent application of credit policies and shared objectives.
  • Stay current on changes to credit policies, procedures, regulatory requirements, and market trends affecting corporate lending.
  • Coach and mentor Underwriters and Directors by sharing expertise, best practices, and underwriting standards.

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
  • Opportunities for learning, training and development
© 2026 Teal Labs, Inc
Privacy PolicyTerms of Service