SENIOR MANAGER, UNDERWRITING – Montreal, Laval

BDC•Boucherville, QC

1d•Hybrid

About The Position

The Senior Manager, Underwriting is responsible for conducting proper investigations and due diligence activities for loan proposals. The 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. This role involves underwriting high-quality proposals by analyzing and conducting proper investigations and due diligence for medium to high complexity loan proposals. It also includes developing appropriate terms, pricing, conditions, and covenants while ensuring thorough credit analysis, due diligence, and sound account management practices. The role requires reviewing loan packages and, when necessary, negotiating with internal partners on structuring the deal to ensure compliance with BDC policies and procedures. Additionally, it involves participating in the resolution of compliance or material changes that arise as deals are being negotiated and structured, and developing win-win solutions for the client and BDC through innovative thinking and resourcefulness. Maintaining relationships with business center personnel, colleagues, and internal partners to foster teamwork, common objectives, and consistent policy application is also key. The Senior Manager must stay abreast of changes to policies, procedures, detailed processes, and trends in credit and regulatory issues that may impact BDC.

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 environment

Nice To Haves

Accounting designation or CFA
Banking experience

Responsibilities

Conduct proper investigations and due diligence activities for loan proposals.
Present high-quality proposals, including all appropriate analysis and documentation.
Ensure that risk levels are within the parameters of accepted credit practices and BDC policies and procedures.
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.

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