About This Opportunity: DIRECTOR, BUSINESS RESTRUCTURING (Saskatchewan)
BDC is currently seeking a DIRECTOR, BUSINESS RESTRUCTURING (Saskatchewan) to join their team in Saskatchewan.
This position offers an excellent opportunity for motivated individuals looking to advance their career.
Education Requirements
-
•
No specific education requirements
Required Experience
-
•
Benefits
Flexible and competitive perks, 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.
The Director, Business Restructuring 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 Met
Maintain and improve relationships with various professional networks, financial communities, suppliers and counterparts in other organizations in order to promote BDC’s business restructuring 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 Business Restructuring, identify the best course of action in order to provide BDC with the greatest potential for recovery.
Examine and identify with the local Business Restructuring 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 Business Restructuring 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 Centers, and Corporate Financing in order to identify potential problem accounts that may call for early intervention.
Observe BDC policies, directives and procedures. Keep files up to date and ensure reported information is accurate.
Qualifications
Bachelor’s degree in finance or business administration.
At 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, MBA and/or CIRP.
Ability to quickly identify the business context and key issues.
Solid leadership and negotiation skills.
Good judgment in the area of credit and ability to spot problems and determine the best choices for a resolution plan.
Strong oral and written communication.
Attention to detail.
Ability to establish positive relationships with special interest groups and business partners.
In
Position DetailsKey Responsibilities
-
•
Effectively perform assigned job duties
-
•
Maintain safety and cleanliness in the workplace
-
•
Work effectively with team members
-
•
Follow company policies and procedures
-
•
Perform tasks according to quality standards
Qualifications
-
•
Reliability and punctuality
-
•
Ability to work independently and in a team
-
•
Strong work ethic and positive attitude
-
•
Ability to follow instructions
Why Join BDC?BDC offers a supportive work environment in Saskatchewan, where employees can grow and develop their skills. This DIRECTOR, BUSINESS RESTRUCTURING (Saskatchewan) position provides the opportunity to work with a dedicated team and contribute to meaningful work.
Ready to Apply?
Don't miss this opportunity for DIRECTOR, BUSINESS RESTRUCTURING (Saskatchewan) at BDC in Saskatchewan.
Click the Apply button above to submit your application and take the next step in your career.
