Company : BANQUE DE DÉVELOPPEMENT DU CANADA Location : Charlemagne Quebec From : Neuvoo CA
Equity.
Inclusion.
They’re more than just words for BDC.
These concepts are foundational to our success and to our ability to attract, retain, mobilize and develop the right talent, as well as to offer a healthy, professional and collaborative environment.
We are committed to cultivating and preserving an environment where all employees can thrive, and, for over a decade, we have been recognized as one of Canada's Top 100 Employers and one of Canada's Best Diversity Employers. In recruiting for our team, we welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, color, religion, disability, sexual orientation, beliefs, experiences, and more.POSITION OVERVIEWThe Director,BusinessRestructuring is responsible for maintaining the quality of the loan portfolio under their management and for maintaining strong business relationships with internal and external clients. CHALLENGES TO BE METMaintain and improve relationships with various professional networks, financial communities, suppliers and counterparts in other organizations in order to promote BDC’s businessrestructuring activities and remain abreast of legislative developments and emerging trends.Contribute to the profitability of BDC by minimizing losses and assessing risk arising from BDC’s Restructuring accounts, applying sound management practices.
Working with the Assistant Vice President and Directors of BusinessRestructuring, identify the best course of action in order to provide BDC with the greatest potential for recovery.Examine and identify with the local team the root causes for the underperformance of BDC’s borrowers and address critical operational and financial issues with all stakeholders.
In conjunction with the local team and other stakeholders, develop optimal restructuring strategies.Recommend or decline loans and disbursements, and authorize, recommend or decline amendments within established guidelines.Collaborate with members of Credit Risk Management, Business Centres, and Corporate Financing in order to identify potential problem accounts that may call for early intervention.Observe BDC policies, directives and procedures.
Keep files he/she manages up to date and ensure reported information is accurate. WHAT WE ARE LOOKING FORBachelor's degree in finance or business administrationAt least 10 years’ relevant experience in finance and commerce (professional or business services firms) or in business financing (financial institution)Professional designation an asset:
CPA or CIRPAbility to quickly identify the business context and key issuesSolid leadership and negotiation skillsGood judgment in the area of credit and ability to spot problems and determine the best choices for a resolution planGood oral and written communication in both official languages (French and English)Attention to detailAbility to establish positive relationships with special interest groups and business partnersIn-depth knowledge of laws governing restructuring and insolvencyAbility to work as part of a teamWith us, you'll be able to achieve the work/life balance you're looking for, with competitive working conditions and above-market flexible benefits.?This includes modern workspaces to work from when you are in our offices, and, for some specific positions, the ability to work remotely, on reserve, and/or within your community.While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
If you are a candidate with a disability and need an accommodation to complete the application process, please email us at accessibility@BDC.ca, and include your full name, the best way to reach you, and the accommodation needed to assist you with the application process. BANQUE DE DÉVELOPPEMENT DU CANADA CharlemagneQuebec
