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BDC ASSISTANT VICE PRESIDENT, CREDIT AND INVESTMENT RISK MANAGEMENT in Montreal, Canada

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...

POSITION OVERVIEW

The Assistant Vice President (AVP), Credit & Investment Risk Management (CIRM), in collaboration with the Vice President, CIRM will maintain and improve the quality of BDC’s Growth and Transition Capital, Climate Tech, Growth Equity & Intellectual Property Backed Financing portfolios by appropriately authorizing and monitoring transactions; ensuring adherence to solid due diligence principles; providing appropriate effective challenge within established policies and guidelines. The AVP is responsible for decisioning of loan authorizations, investments, disbursements and amendments in alignment with BDC’s risk appetite.

The AVP must establish and maintain a strong relationship with Growth & Transition Capital, Climate Tech, Growth Equity & Intellectual Property Backed Financing teams through communication, training, transaction alignments, guidance and support.

CHALLENGES TO BE MET

  • Decision loans, investments, disbursements and amendments within established authorization limits and guidelines and aligned to BDC’s risk appetite.

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

  • Coach, provide guidance and contribute to continuous development of Growth & Transition Capital and other business units’ management/employees in all aspects of credit, by providing feedback on strengths and development needs, helping to identify training solutions, supporting onboarding of new employees, promoting knowledge transfer as well as sharing best practices.

  • Contribute to the execution of business plans and growth strategies by ensuring that solid credit & investment due diligence processes are in place and by developing and maintaining strong communications with first line management/employees to closely monitor key variables for successful delivery of financial support to entrepreneurs.

  • Regular participation to team meetings and conferences, provide training to areas of responsibility within Growth & Transition Capital, Climate Tech Fund, Growth Equity and Intellectual Property Financing.

  • Be proactive in identifying and recommending enhancements in loan & investment policies, processes and products, contribute to implementation and assist employees in their application and interpretation, including current issues related to credit & investment risk and industry sectors.

  • Participate and/or lead various Corporate and/or business unit projects to support continuous improvement of existing processes and productivity.

WHAT WE ARE LOOKING FOR

  • Minimum of 10 years of experience at BDC in GTC and/or BDC Capital and/or another financial institution/investment fund

  • Experience in a credit risk or management position, an asset

  • Knowledge and experience in cash flow, mezzanine, unitranche lending, MRR, quasi-equity, equity an asset

  • Ability to quickly identify the business context and key issues

  • Ability to work independently, rigour and strong priority management

  • Solutions oriented while balancing risk, ability to make recommendations and decisions aligned to key issues and broader business considerations and context;

  • Ability to establish and maintain effective working relationships across the business units and the organization;

  • Strong interpersonal and communication skills, ability to address issues tactfully and effectively, even in challenging situations;

  • Excellent communication skills both written and oral.

  • Strong credit acumen

  • Effective coaching skills

  • Bachelor's degree in Finance or Business Administration

  • Bilingualism (English & French) is required

#INDHP

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 accessibility@bdc.ca .

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

BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. The only institution whose purpose is to promote the growth of the Canadian economy by focusing on the success of small and medium-sized businesses, with a human touch and a genuine presence. At BDC, we’re changing people’s and businesses’ lives for the better. That’s what makes us unique as a bank.

That’s why we are banking at another level.

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