At a Glance
- Tasks: Underwrite and authorise loan proposals while collaborating with partners to mitigate risk.
- Company: Purpose-driven bank dedicated to supporting Canadian SMEs and entrepreneurs.
- Benefits: Competitive salary, pension plan, wellness account, paid vacation, and personal days.
- Other info: Opportunity to coach and mentor new employees in a dynamic team setting.
- Why this job: Make a real impact on SME growth while developing your skills in a supportive environment.
- Qualifications: Bachelor's degree and five years of experience in credit analysis or financial services.
The predicted salary is between 63000 - 77000 £ per year.
In this role you help drive growth for Canadian SMEs by underwriting and authorizing well-supported loan proposals. You will apply strong credit judgment to moderate-to-high complexity files and ensure risk-aligned decisions. You’ll collaborate with internal partners to structure favorable terms and mitigate risk while supporting portfolio growth. This position offers development, coaching opportunities, and a chance to contribute to a purpose-driven bank dedicated to entrepreneurs.
Pay / Benefits
- Employee Savings and Investment Plan with company match
- Defined Benefit Pension Plan
- Wellness and health care spending account ($750)
- Paid vacation
- Five personal days
- Sick days as needed
Responsibilities
- Underwrite and authorize comprehensive loan proposals for moderate-to-high complexity files ($350k–$1.5M) using detailed financial analysis and due diligence
- Determine credit terms, pricing, repayment structures, and covenants in line with credit policies
- Review loan documentation and negotiate transaction structures with internal partners to ensure policy alignment
- Support compliance matters and changes during negotiation to ensure risk mitigation and timely decisions
- Provide practical, well-suited client solutions through sound judgment and problem solving
- Build and maintain trusted relationships with business centre colleagues and internal partners to foster collaboration
- Stay current on policy, process, and regulatory changes affecting credit
- Coach and mentor new employees, supporting knowledge sharing within the team and with internal partners
Key requirements
- Bachelor’s degree in commerce, business administration, accounting, or a related field
- CPA or CFA designation considered a strong asset
- Minimum of five years of relevant experience in credit analysis, loan adjudication, or related financial services role
- Experience coaching or mentoring teams
- Strong ability to analyze, structure, and assess commercial financing transactions
- Solid understanding of credit risk policies, governance, and procedures
- Knowledge of BDC products, services, policies, and processes or ability to develop this quickly
- Excellent communication skills and ability to influence and negotiate with internal partners and clients
- Strong organizational skills and ability to manage multiple priorities in a high-volume environment
- Solid business acumen and understanding of SME realities and dynamics
- Collaborative team player with cross-functional collaboration experience
SENIOR MANAGER, UNDERWRITING – CREDIT RISK MANAGEMENT employer: BDC
BDC is an exceptional employer that champions a healthy and inclusive work environment, empowering employees to thrive while making a significant impact on the Canadian economy. With flexible benefits, a hybrid work model, and ample opportunities for professional growth, BDC stands out as a place where your contributions truly matter, especially in the vibrant Halton region. Join us to be part of a dedicated team that supports entrepreneurs and fosters innovation.
