Business Development Bank of Canada: Senior Manager, Portfolio Management

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    negotiable / month
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    1 week ago
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No other bank is doing what we do. At BDC, we’re devoted to Canadian entrepreneurs. We’re also dedicated to our employees. Adaptable. Inspiring. Different. There’s a reason we like to work here and we think you’ll like it too. POSITION OVERVIEWThe Senior Manager, Portfolio Management I contributes in updating the Bank’s loan portfolio by processing service requests and annual reviews required during the life cycle of a loan. He or she analyzes and recommends complex and advanced service requests and supports the Business Development team in developing efficient solutions to meet the client’s requests while adhering to the Bank’s policies and directives.CHALLENGES TO BE METFollow up on outstanding issues in the files in accordance with BDC’s audit policies, processes and procedures by ensuring that the forms and information are accurate and complete, the conditions are met, and the signatures are obtainedWhen completing an annual review, validate the profitability of the portfolio by monitoring the client’s borrowing activities and identify additional opportunities (financing or consulting) and be proactive to retain existing clientsReview financial statements, complete the financial analysis and evaluate the risk ratingActively address situations where potential risks are identified, such as arrears, risk deterioration and declining financial resultsEvaluate high and advanced risk requests and offer proactive solutions to restructure agreements, minimize risk and mitigate losses in collaboration with Credit, the business centers and other internal colleaguesAuthorize, decline or recommend services, within the established parameters, and ensure a high caliber of analysis and due diligence for all loan amendments and service requestsMaintain relationships with business center personnel and colleagues to foster good teamwork and the pursuit of common objectives and the consistent application of policiesCoach, mentor and share experience with team membersKeep abreast of economic trends in his or her region and any potential impact for the Bank’s clientsKeep abreast of changes made to policies, procedures and detailed processes and of trends in credit and regulatory issues that may have an impact on BDCWHAT WE ARE LOOKING FORBachelor’s degree in Commerce or Business AdministrationThree to five years’ experience as an account manager in the banking sectorIn-depth knowledge of banking products, services, policies, processes and proceduresAbility to analyze complex financial structuresAbility to identify and solve problems pro-actively with good judgmentDemonstrated flexibility to adapt to a changing environmentGood time management skills and ability to set priorities to meet tight deadlinesCooperative attitude EQUAL OPPORTUNITY EMPLOYERAt BDC, we value diversity in our workforce and encourage all qualified candidates to apply. We appreciate all responses and advise that only those candidates selected for an interview will be contacted.