DIRECTOR, CREDIT RISK MANAGEMENT

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... 

Bilingualism is required, written and spoken in both official languages, English and French.

POSITION OVERVIEW

The Director, Credit Risk Management is responsible for reviewing and making effective loan adjudication decisions by exercising sound credit judgment in approving and recommending applications, monitoring credit quality and conditions. The Director ensures that loan authorizations, disbursements and amendments decisions are made in accordance with BDC’s risk appetite.

The Director must develop and maintain a close relationship with the First Line of Defense, helping them to improve their credit skills through training, communication, transaction alignment, guidance and coaching.

• Ensure that loan, disbursement and amendment decisions are within established authorization limits and guidelines as well as BDC’s risk appetite.

• Maintain and improve the quality of customer service by providing prompt, efficient and professional service to first line personnel while ensuring the integrity of the portfolio through adherence to due diligence and administrative processes.

• Focus on building a close relationship between the First and Second Line of Defence, with a particular emphasis on improving the risk management practices of the First Line of Defence. Coach and guide area management/employees in all aspects of credit competence and provide feedback to First Line managers on the credit competencies and comportment of their employees.

• Support the First Line in the execution of their business plans and profitable growth strategies by ensuring that sound credit practices are adhered to, and by developing and maintaining strong communications with area management/employees to closely monitor key variables for successful delivery of financial services.

• Actively participate in business centre/area conferences and conduct regular visits to business centres to assist with deals structuring and underwriting and provide development opportunities to First Line of Defence team members.

• Proactively identify, recommend and implement changes to lending policies, processes and products, provide leadership in their implementation and assist employees in their application and interpretation, including current issues related to credit risk and industry focus.

• Lead or participate in various corporate and/or regional projects to support the continuous improvement of existing processes and procedures while maximizing efficiency within the Risk Management framework.

• Minimum of 10 years of experience at BDC and/or another financial institution in business unit management, business development, underwriting and/or authorization of larger/complex loans in the Corporate Financing segment;

• Experience in leading team members (with proven and effective coaching techniques) and working to enhance risk management practices across all Lines of Defence;

• Ability to make recommendations and decisions based on key issues, broader business considerations and context;

• Autonomy, attention to detail, management of priorities;

• Ability to establish and maintain good working relationships across all Lines of Defence;

• Proven interpersonal and communication skills, with the ability to obtain information and escalate issues tactfully and effectively;

• Excellent communication skills both written and oral;

• Bachelor's degree in finance or business administration.

• Ability to quickly determine the business context and key issues.

• Ability to make sound and defensible decisions in the context of limited time and information.

• Autonomy, rigor and good management of priorities.

• Excellent writing skills.

• Ability to establish and maintain effective working relationships with employees & partners.

• Ability to communicate decisions, and in particular unwelcome decisions, with empathy and clear supporting rationale.

• Strong credit skills.

• Effective coaching skills.

• Bilingual (French/English, mandatory).

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.