ASSISTANT VICE-PRESIDENT, CREDIT RISK MANAGEMENT, CORPORATE FINANCING AND SYNDICATION

4 hours ago

Montreal, Quebec, Canada Business Development Bank of Canada Full-time

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:

Benefits

  • 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
  • paid vacation each year
  • five personal days
  • sick days as necessary
  • 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

This position requires bilingualism (English & French)

Position Overview

The Assistant Vice-President (AVP), Credit Risk Management, Corporate Financing and Syndication, reviews loan applications and makes informed decisions regarding their approval or recommendation. The incumbent also monitors credit quality and compliance with loan terms and conditions, ensuring that authorizations, disbursements, and loan amendments are aligned with BDC’s risk appetite. The AVP will play a key role in assessing and managing the credit risk of this portfolio. In addition to overseeing credit matters, the incumbent will build a close working relationship with the first line of defence and help strengthen its expertise through proactive coaching, clear communication, and the strategic alignment of transactions. The incumbent will also work with partners to effectively assess, monitor, and manage risk while ensuring compliance with BDC’s overall risk appetite.

Challenges to Be Met

Ensure that loan authorization, disbursements, and amendments comply with established authorization limits and guidelines, as well as BDC’s risk appetite. Maintain and enhance the quality of client service by providing prompt, effective, and professional support to front-line staff while safeguarding portfolio integrity through adherence to administrative and due diligence processes. Focus on building a close relationship between the first and second lines of defence, with particular emphasis on improving the first line’s risk management practices. Coach, guide, and develop management and staff on all aspects of credit competency, and contribute to their performance assessments by thoughtfully recognizing strengths and areas for improvement and helping identify training and development solutions. Contribute to the execution of the business unit’s business plan and profitable growth strategies by ensuring that sound credit due diligence processes are in place and by developing and maintaining strong communication with the unit’s management and staff to closely monitor the key variables required for the successful delivery of financial services. Actively participate in business unit meetings and conduct regular visits to support transaction structuring and write-ups, while providing development opportunities for members of the first-line team. Proactively identify improvements to lending policies, processes, and products; provide leadership in their implementation; and help staff apply and interpret them, particularly with respect to current credit risk issues and industry direction. Maintain and enhance the quality of BDC’s portfolio by approving, recommending, or declining loans, disbursements, and amendments in accordance with established authorization limits and guidelines. Lead or participate in various corporate- or regional-level projects to support the continuous improvement of existing procedures and processes while maximizing efficiency in accordance with the risk management framework.

What We Are Looking For

  • Bachelor’s degree in finance or business administration
  • At least 10 years of experience at BDC or another financial institution in business unit management, business development, or loan underwriting, including at least five years in a Credit Risk Management role, with strong experience in corporate financing, syndication, or complex commercial lending
  • Experience coaching team members, using demonstrated and effective coaching techniques, and improving risk management practices across the lines of defence
  • Ability to make recommendations and decisions based on key issues, broad business considerations, and context
  • Self-directed, detail-oriented, and skilled at managing priorities
  • Excellent written and verbal communication skills in both French and English
  • Ability to quickly identify the bu