SENIOR MANAGER, UNDERWRITING - Mississauga

BDC • Mississauga, ON

3d • Hybrid

About The Position

BDC is seeking a Senior Manager, Underwriting to join their team in Mississauga. This role involves proposing high-quality loan proposals of $1M or more for businesses across Canada, utilizing analytical skills, business acumen, and commercial lending experience. BDC offers a healthy, inclusive, and skilled workplace with opportunities for growth and development, flexible benefits, and a hybrid work model.

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
• 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 in order 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

• Conducting proper investigations and due diligence activities for loan proposals.
• Presenting high-quality proposals with appropriate analysis and documentation.
• Ensuring that risk levels are within the parameters of accepted credit practices and BDC policies and procedures.
• Analyzing and conducting proper investigations and due diligence for medium to high complexity loan proposals.
• Developing appropriate terms, pricing, conditions, and covenants.
• Reviewing loan packages and negotiating with internal partners on deal structuring.
• Participating in the resolution of compliance or material changes during deal negotiation and structuring.
• Developing win-win solutions for the client and BDC.
• Maintaining relationships with business centre personnel, colleagues, and internal partners.
• Keeping abreast of changes to policies, procedures, credit trends, and regulatory issues.
• Coaching new employees and BDLs; mentoring and sharing 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