BDC account manager evaluating distressed companies, developing recovery plans, and minimizing losses from special accounts. Working with entrepreneurs, advisors, lenders, lawyers, and trustees.
Responsibilities
Contribute to BDC's profitability by minimizing losses arising from BDC special accounts
Evaluate companies' long-term viability and action plans
Analyze and identify measures to assist entrepreneurs
Collaborate with internal and external stakeholders to implement and execute measures
Work with clients and business advisors to resolve difficulties and improve situations
Explain BDC's position effectively and openly
Identify recovery potential and develop action plans by assessing risks, pinpointing problems, and obtaining and analyzing information
Establish internal and external contact networks, including Credit Risk Management, Business Centres, Corporate Financing, lawyers, trustees, and appraisers
Develop creative action plans that satisfy BDC and borrowers and ensure cooperation of all parties
Recommend and execute liquidation plans to maximize and accelerate recovery
Keep current with BDC loan policies, procedures, special accounts processes, delegation of authority, and risk assessment manuals
Requirements
Bachelor's degree in business, preferred
At least five years of relevant experience in finance and commerce (professional or business services firm) or in business financing (financial institution)
Professional designation (CPA, CA, CPA CGA, CPA CMA or CIRP), an asset
Demonstrated ability to analyze risk and apply strong problem-solving skills
Thorough knowledge of the Bank's products, services, policies and procedures
Previous experience in managing special risk accounts
Ability to provide top-quality service to both internal and external clients
Diplomacy and strong conflict-resolution skills
Creativity and resourcefulness
Autonomy
Ability to work under pressure
Bilingualism (French and English) is an asset
Benefits
Flexible and competitive benefits
Employee Savings and Investment Plan with BDC matching part of voluntary contributions
Defined Benefit Pension Plan
$750 wellness and health care spending account
Paid vacation each year
Five personal days
Sick days as necessary
Offices closed from December 25 to January 1
Hybrid work model
Opportunities for learning, training and development
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