FINANCE LEGAL COUNSEL- VANCOUVER
Location: Vancouver
Job ID: R-5341
Deadline: May 13, 2024
Website: BDC Website -
We are banking at another level.
Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. 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.
Choosing BDC as your employer also means:
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...
POSITION OVERVIEW
Working collaboratively with the Assistant Vice-President, Legal Affairs and other internal legal counsel and legal assistants to provide legal advice and business direction to business centres and operational units as well as external counsel, on issues related to loan structuring, financing, administration and enforcement. The candidate must be able to demonstrate experience and expertise to advise on the required security and other loan conditions, contract terminology, review and revision of loan commitment, security and other financing documents, ensuring that legal advice is consistent with a practical business approach.
CHALLENGES TO BE MET
Act in an advisory capacity, making recommendations to business centres and operational units on various external client financing matters and/or internal projects which impact clients and the conduct of the organization’s business
Provide advice to business centres, special accounts (enforcement) and business restructuring groups on the handling of problem accounts, assist in developing or approving plans of action, instruct outside counsel as required and monitor compliance with BDC’s policies and procedures relative to enforcement of loan security
Negotiate and prepare agreements as required
Provide support, coaching, training and direction to Legal Affairs staff
Prepare and present ongoing legal training to internal partners
Monitor and provide opinions on national and regional laws, regulations and decisions that may affect BDC’s financing activities, and report to management on such changes as needed
Advise management as to any observed deficiencies or issues in BDC security forms or procedures, make recommendations for their improvement and draft standard forms and contracts as necessary
Remain current with technological developments applicable to BDC processes
WHAT WE ARE LOOKING FOR
Bachelor’s Degree in Law and/or JD and member of the Law Society of British Columbia in good standing
At least 5 to 7 years of relevant experience in commercial law, financial services law, commercial real estate and/or insolvency; experience as in-house counsel is considered an asset
Bilingualism in English and French an asset but not mandatory
Excellent judgment and problem-solving skills
Excellent verbal and written communication skills
Strong presenter and trainer, ability to simplify and explain loan practices and procedures
Good knowledge of IT systems and Microsoft Office
Able to work in a collaborative mode and to effectively manage competing priorities in a fast-paced, high volume environment
Must have an excellent team spirit and a strong client-centric approach
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. If you require an accommodation to complete your application, please do not hesitate to contact us at accessibility@bdc.ca.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.
