Business Restructuring

Description:

• Identify and analyze the fundamental reasons for client underperformance.

• Participate in the evaluation of clients’ long-term viability, business strategy and restructuring strategy.

• Review and assess cash flow forecasts, financial projections and supporting analyses.

• Evaluate market trends and future prospects for BRU clients through documentary and virtual (online) research. Analyze research results and make recommendations to directors.

• When possible, accompany directors to client meetings to gain a better understanding of issues, risks and possibilities related to the client.

• Obtain and compile all the required supporting documents for new loan applications.

• Participate in the assessment of potential new loan applications in compliance with BDC’s policies, practices and quality standards.

• Actively participate in the portfolio administration process (e.g., annual review, risk assessment, action plans) in accordance with BDC credit risk management policies and procedures.

• Provide excellent customer service to clients, other BDC services and outside resources in the resolution of basic customer issues.

• Develop and maintain a good network with Business Centre personnel, colleagues and internal partners to stay current with internal practices, ensure the consistent application of policies/procedures and the pursuit of common objectives in terms of credit, loans, etc.

• Provide coaching and sharing of knowledge with others on the team.

• Provide administrative support to team members (e.g., maintaining checklists and management tools) and collaborate in special projects, as required.

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in accounting or finance. Professional accounting designation is an asset.

• Three to five years of relevant experience, including two years in financial analysis. Experience in financial services or restructuring is preferred.

• Strong analytical and diagnostic skills.

• Ability to identify critical issues affecting clients and related commercial contexts.

• Ability to anticipate the long-term repercussions of decisions and adopt a broader approach to problem-solving.

• Good knowledge of credit policies and practices.

• Good knowledge of legal aspects related to security taking and enforcement.

• Strong written communication skills.

• Attention to detail, strong organizational skills and ability to manage several projects simultaneously in order to meet deadlines in an ever-changing environment.

• Ingenuity, self-reliance and creativity.

• Team player who is flexible and cooperative.

• Good knowledge of lending systems and software.

• Proficiency in Microsoft Office applications (Word, Excel, Outlook and PowerPoint).

• Fluency in English is required. French is an asset.

• A valid driver’s license and access to a vehicle is required.