BDC Logo

BDC

SENIOR MANAGER, UNDERWRITING - Toronto, Calgary, Vancouver

Reposted 17 Days Ago
Be an Early Applicant
In-Office
Toronto, ON, CAN
Senior level
In-Office
Toronto, ON, CAN
Senior level
The Senior Manager, Underwriting is responsible for leading credit analysis and due diligence for corporate financing transactions, ensuring quality recommendations while balancing risk and client needs.
The summary above was generated by AI

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


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.


CHALLENGES TO BE MET


  • 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.

WHAT WE ARE LOOKING FOR


  • 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.

Preferred Qualifications


  • 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.

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 [email protected].

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.

BDC Toronto, Ontario, CAN Office

Toronto, Canada

Similar Jobs

An Hour Ago
Remote or Hybrid
Toronto, ON, CAN
Senior level
Senior level
Artificial Intelligence • Cloud • HR Tech • Information Technology • Productivity • Software • Automation
Drive new SaaS license revenue through account and territory planning, prospect research, and field sales. Build C-suite relationships, orchestrate cross-functional account teams, act as trusted advisor on IT and AI integration, identify and involve specialists at the right time, and close deals while meeting sales targets.
Top Skills: AIArmisSaaSServicenowVeza
7 Hours Ago
In-Office or Remote
Toronto, ON, CAN
Mid level
Mid level
Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
Lead and develop a remote team of Account Executives to drive revenue growth. Hire, train, coach AEs, manage KPIs, forecasting, and pipeline reviews. Build repeatable sales processes, use data to improve performance, collaborate cross-functionally, and incorporate customer feedback into product and strategy improvements.
8 Hours Ago
In-Office or Remote
CA
Senior level
Senior level
Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
Advise on federal and state consumer and commercial lending law and bank partnership arrangements. Serve as subject-matter expert on Reg Z/Reg B, fair lending, and licensing; lead cross-functional regulatory issue resolution; counsel senior business, product, compliance, and bank partners; analyze regulatory changes and inform product development from concept through launch.

What you need to know about the Toronto Tech Scene

Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account