We are banking at another level. 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. 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...

This role offers an chance to apply strong analytical skills, seasoned credit judgment, and commercial lending experience in support of Canadian entrepreneurs. You will prepare and authorize well-supported loan proposals for businesses across a range of industries and regions, contributing to prudent credit decision-making and responsible portfolio growth. At BDC, the only bank dedicated exclusively to Canadian entrepreneurs, your work will help advance the growth and long-term success of small and medium-sized businesses across the country.

As Senior

Manager, Underwriting – Credit Risk Management, you will be accountable for credit due diligence, risk analysis, and the authorization of loan proposals of moderate to high complexity. You will develop well-supported proposals that reflect BDC’s credit risk standards and align with established policies and procedures.



Underwrite and authorize comprehensive, well-structured loan proposals for moderate to high complexity credit files, ranging from $350,000 to $1.5 million, through detailed financial analysis, appropriate investigation, and thorough due diligence.

Determine appropriate credit terms, pricing, repayment structures, and covenants while applying disciplined credit analysis, balanced risk assessment, and effective account management practices. Review loan documentation and, when required, negotiate transaction structures with internal partners, including account managers and business centre management, to ensure alignment with BDC policies and procedures. Support the resolution of compliance matters and material changes that arise during transaction negotiation and structuring, ensuring appropriate risk mitigation and timely decision-making.

Build and maintain trusted working relationships with business centre colleagues and internal partners to foster collaboration, support shared objectives, and promote consistent application of credit policies. Stay current on changes to credit policies, procedures, and processes, as well as emerging credit and regulatory trends that may affect BDC.



Provide coaching to new employees, act as a mentor, and actively support knowledge sharing within the team and with internal partners.

Bachelor’s degree in commerce, business administration, accounting, or a related field. CPA or CFA designation considered a strong asset. Bilingualism in English and French considered a strong asset. Minimum of five (5) years of relevant experience in credit analysis, loan adjudication, commercial lending, or a related financial services role.

Experience coaching, mentoring, or guiding colleagues in a team environment. Demonstrated ability to analyze, structure, and assess commercial financing transactions. Strong credit judgment and a solid understanding of credit risk policies, practices, and governance expectations.

Knowledge of BDC products, services, policies, processes, and procedures, or the ability to quickly develop this knowledge. Solid business acumen and a strong understanding of the realities and dynamics of small and medium-sized enterprises. 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.

BDC is a bank unlike any other. We are the only bank dedicated exclusively to the development of Canadian businesses. That’s what makes us unique as a bank. That’s why we are banking at another level. #

📌 SENIOR MANAGER, UNDERWRITING - CREDIT RISK MANAGEMENT (Toronto)
🏢 Business Development Bank of Canada
📍 Toronto