Manager, Security & Disbursement

Posted 3 weeks ago

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About the role

  • Manager, Security and Disbursement ensuring secure loan disbursements at BDC, focused on Canadian entrepreneurs. Collaborating with teams to deliver high-quality client experiences and manage risks in financing.

Responsibilities

  • Approve, decline, or recommend loan disbursements within established authorization and risk parameters
  • Coordinate with solicitors and other external legal parties; mandate, instruct, and ensure follow‑up to support timely disbursement
  • Collaborate with other financial partners to coordinate disbursement activities
  • Review letters of offer and related documentation (instructions, disbursements, amendments) to ensure accuracy, completeness, required conditions, and valid signatures
  • Identify potential risks, issues, or gaps in files and proactively propose appropriate solutions to ensure overall risk is assessed correctly
  • Process disbursement packages by completing thorough due diligence and applying sound account management practices
  • Disburse authorized loans promptly in accordance with approved credit adjudication decisions and disbursement strategies
  • Update authorizations, project costs, and disbursement strategies to reflect material changes and manage risk exposure
  • Participate in the resolution of compliance issues or material changes arising during the disbursement process
  • Maintain strong working relationships with business center personnel and internal partners to support teamwork and consistent application of policies
  • Deliver an excellent customer experience by resolving basic client issues and escalating complex matters to senior team members when required
  • Stay current on changes to policies, procedures, credit practices, and regulatory requirements that may impact BDC
  • Operate effectively in a high‑volume, high‑pressure environment, managing urgent situations with accuracy and efficiency, while contributing to BDC’s inclusive and collaborative culture where you can be yourself at work

Requirements

  • Three to five (3–5) years of experience in the financial industry or a related field
  • Demonstrated knowledge of commercial lending processes
  • Demonstrated knowledge of legal aspects related to security taking and loan disbursement
  • Experience conducting due diligence and managing loan disbursement documentation
  • Strong analytical skills with the ability to identify risks, issues, and solutions
  • Clear written and verbal communication skills
  • Strong business acumen and client‑focused approach
  • Proven ability to manage priorities and meet critical deadlines in a high‑volume environment
  • Demonstrated flexibility and ability to adapt to changing processes and priorities
  • Ability to build effective working relationships with team members and stakeholders, including colleagues working remotely

Benefits

  • Flexible and competitive benefits , including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions
  • Defined Benefit Pension Plan
  • $750 wellness and health care spending account
  • Paid vacation each year
  • Five personal days
  • Sick days as necessary
  • A hybrid work model that truly balances work and personal life
  • Opportunities for learning , training and development

Job type

Full Time

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

HybridTorontoCanada

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