Job Description

No other bank is doing what we do.

At BDC, we help Canada and its entrepreneurs create a prosperous, inclusive and green economy. Our mission is to help Canadian businesses thrive by providing financing, capital and advisory services. We\xe2\x80\x99re devoted to Canadian entrepreneurs. We\xe2\x80\x99re also dedicated to our employees. Adaptable. Inspiring. Different. There\xe2\x80\x99s a reason we like to work here, and we think you\xe2\x80\x99ll like it too. Join BDC and help make a difference!

Diversity. Equity. Inclusion. They\xe2\x80\x99re 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\xe2\x80\x99s status, color, religion, disability, sexual orientation, beliefs, experiences, and more.

POSITION OVERVIEW

The Compliance Assurance and Monitoring (\xe2\x80\x98CAM\xe2\x80\x99) Group is a second line of defense function with the accountability to monitor quality, consistency and reliability in transactions as well as reviewing enterprise activities to provide assurance of compliance to policies and regulations. CAM reviews transactions, processes, procedures, reports, and other information and conducts testing to assess reliability, accuracy, completeness of information and assesses whether governance, risk management and control processes are operating as intended.

The Specialist, CAM leads the implementation and ongoing delivery of BDC\xe2\x80\x99s testing program of internal controls and compliance responsibilities. Incumbent roles specifically include:

Conducting transaction testing in order to identify risk trends and develop recommendations to improve controls and compliance

Conducting corporate and business activity reviews and testing in order to assess enterprise compliance to regulations and governance compliance controls

Participates in the effectiveness testing of regulatory compliance controls

Lead reviews into New Products and Business Initiatives to identify potential control gaps.

Provide insight into the optimization of processes, training, and communication in order to reduce transaction and compliance risks

Perform other Compliance-related duties, as assigned

The Specialist works at the national level and reports to the Assistant Vice President, BQR.

CHALLENGES TO BE MET

Review transactions, including documentation, to confirm compliance to regulatory and corporate compliance framework, adherence to directives, procedures and enterprise business rules.

Identify, document, report and communicate trends, issues, opportunities and threats related to transactions, products, processes and governance requirements

Prepare reports summarizing the findings, make recommendations to improve the effectiveness of controls as well as compliance with corporate policies, directives, and industry guidelines. Validate the implementation of such recommendations.

Serve as a reference in the interpretation and application of credit risk policies, directives, rules, guides, and procedures.

Keep abreast of key legal, compliance, market risk and credit risk issues.

Participate to committees and projects on behalf of the BQR Group

Assist the Assistant Vice President in establishing CAM\xe2\x80\x99s annual plan by providing input on developing a matrix of regions, types of loans, industry sectors, level of adjudication, etc.

Assist in the execution of compliance assessments on the adequacy and effectiveness of regulatory internal controls and the delivery of compliance reporting to BDC\xe2\x80\x99s management committees and the Board.

Support the implementation of data initiatives to automate transaction testing and compliance reviews.

WHAT WE ARE LOOKING FOR

Bachelor\xe2\x80\x99s degree in finance, Accounting or business administration

7-10 years in a lending role, or equivalent experience

Strong credit and analytical skills

Knowledge of financial institutions\xe2\x80\x99 policies, directives, guidelines and regulatory compliance environment (preferred)

Ability to effectively communicate in French and English

Autonomy, thoroughness, and good priority management

Advanced knowledge of Word, Excel, Outlook and PowerPoint.

Ability to create and maintain effective working relationships

Strong interpersonnel and communication skills

Effective coaching skills

With 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 , and include your full name, the best way to reach you, and the accommodation needed to assist you with the application process.

Business Development Bank of Canada