Meridian Credit Union

Business Development Manager - Syndication

Meridian Credit Union  •  $79k - $110k/yr  •  Toronto, CA / Vancouver, CA (Remote)  •  26 days ago
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Job Description

Meridian OneCap Credit Corp (MOCC) is an equipment and finance company providing a broad range of financial services to businesses throughout Canada. Our parent, Meridian Credit Union, has over 70 years of banking history and is Ontario’s largest credit union.
MOCC is a provider of asset financing in the form of capital leases. We are committed to being the best provider of specialized equipment financing services to strategic vendors across Canada. Our service-oriented culture and exceptional group of professionals serves to provide our strategic partners with value-added service and constructive solutions.

Meridian OneCap Credit Corp provides customized leasing solutions both to help companies sell equipment and to companies that have chosen to lease equipment, rather than buy. For manufacturers and vendors, we enable you to provide your customers with a value-added service that helps your customers acquire equipment efficiently and gives your company a competitive edge. And for the end user, we can help you to preserve working capital in your business, while benefiting now from the use of the equipment.

Our team is known as industry leaders. We’ve earned our reputation through consistent delivery of financing programs with the most efficient transaction process and superior customer service. With the largest direct sales force within the Canadian market, it’s no wonder our customer service is unparalleled.

About Meridian OneCap

The role:

The Business Development Manager Syndication is responsible for collaborating with internal and external partners to provide an equipment finance solution to clients that don’t qualify as a OneCap client for a variety of reasons. The role is responsible for overseeing the syndication of equipment leasing transactions to partner lenders while ensuring compliance with company policies and regulatory requirements.

Key Responsibilities

  • Collaborate with internal sales, credit, and legal teams to ensure smooth transaction flow.
  • Contribute to and advance MOCC’s syndication strategy and process, ensuring strong collaboration with internal partners.
  • Build and maintain relationships with partner lenders to thoroughly understand their risk appetite, needs and lending parameters.
  • Work closely with the origination team to review, understand & adjudicate transactions.
  • Send term sheets, follow up, discuss, creatively problem solve and negotiate terms with lending partners in a timely manner.
  • Communicate comprehensive lending partner feedback on transactions to originators/underwriting & funding team in a timely manner
  • Work closely with the Underwriting, Operations & Finance Management team to ensure Loan Summaries adhere to the lending partner’s requirements and manage changes to the transactions as required.
  • Provide expert guidance and general feedback to origination team on deal structuring, lending partner appetite.
  • Establish personal goals and action plans to support MOCC business objectives, and demonstrating an ongoing willingness to assume higher degrees of accountability and responsibility.
  • Keep abreast of changes within diverse industry sectors and proactively identify opportunities to add value to transactions by understanding Client/Borrower needs and competitor offerings.

Knowledge, Skills, and Abilities

  • Proven high performer with a drive to help others achieve their goals.
  • Relationship builder with an established track record of collaborating with internal and external partners.
  • A highly professional approach to business and partner relationships.
  • Strong communicator who can explain complex information and share knowledge to diverse audiences.
  • Solid understanding of the leasing industry, competitors, pricing environment, security requirements and product offerings.
  • High level of personal motivation, energy and drive.
  • Accepts responsibility for positive end results.
  • Collaborate style and persuasive interpersonal skills; ability to influence others.
  • Expert sales/closing skills.
  • Thorough knowledge of relationship building and teamwork skills.
  • Aptitude for mathematical functions including financial calculations.
  • Proficient with Microsoft operating systems including Word, Excel, Outlook and the Internet.
  • Client Focused - Personally demonstrating that our clients are our highest priority.
  • Proactive - Seize the initiative by anticipating needs and identifying opportunities to provide a higher level of service.
  • Open Communication - Engaging in honest and transparent dialogue to develop mutual understanding, trust and cultivate deeper relationships.
  • Business Savvy - Continuously acquiring the knowledge needed to do one’s job to the fullest, using internal or external resources and applying the knowledge productively.
  • Partner Orientation - Initiates opportunities for collaboration and maintains productive relationships to achieve shared goals.
  • Integrity - Doing the right thing by always acting with openness, honesty and respect.
  • Creates a Supportive and Positive Team Environment: creates and contributes to a positive team environment which encourages innovation, risk taking, and learning; speeds up team learning through sharing best practices; leverages the strengths and opportunities of the broader marketing team.
  • Bilingual in both French and English preferred
  • Comfort learning and adopting new digital tools, with an openness to using AIenabled technology to enhance productivity, accuracy, and the Member experience

This role represents a new vacancy. Internal candidates are being considered as part of our standard process.

Salary Range: $79,100 - $110,000 annually. This role is base plus variable.

Compensation for this role is based on a combination of skills, experience, and internal equity. Candidates with stronger alignment to the role’s requirements may be placed higher within the range. Your recruiter will share more information about our total rewards package during the hiring process.

Office Location: Toronto or Vancouver Corporate Offices. This is a hybrid opportunity.

Meridian OneCap has a remote work policy that allows flexibility for employees to work remotely but also requires our employees to attend the office minimum one day per week. The intention is for purposeful meetings to collaborate, innovate and build effective relationships with your team, your colleagues and your leader which is important to us.

What's in it for you?

  • We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We provide you with the tools and technology needed to delight your candidates and clients!
  • You'll get to work with and learn from diverse industry leaders, who have hailed from top organizations around the world
  • Hybrid work arrangements with in-person office time to collaborate, innovate and build relationships with your colleagues
  • This isn't your typical "corporate" job. We work hard and we have fun!

At Meridian OneCap, we’re not just adapting to the future—we’re shaping it. We see talent as a catalyst for sustainable growth, community impact, and future-readiness As the financial landscape evolves, we’re looking for team members who bring:

  • Embedding & leveraging technology – Confidence and willingness to learn and integrate AI and emerging technologies into new ways of working. Experience with low/no code tools like the Microsoft Power Platform and generative AI productivity tools like Microsoft Copilot is considered an asset
  • Critical Thinking – The ability to analyze, evaluate and interpret information from various sources and apply logic and problem solving to make decisions.
  • Data Driven– Leverage data and insights to identify, prioritize and improve member experience and business efficiency.
  • Curiosity & Flexibility – Comfortable navigating and embracing change and uncertainty, ask more questions, explore more options. Continuously learn and grow.

Our Commitment to You

Meridian OneCap is committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.

Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.

Please note that due to the volume of applications, only those under consideration will be contacted for an interview.

Thank you for your interest in Meridian OneCap.

Meridian only posts jobs on our official Careers Site, LinkedIn, and Indeed. If you find a Meridian job posting on any other site, please verify it by ensuring it directs back to our official career page. Meridian never asks candidates to apply through third‑party links that do not redirect to our Careers portal (UltiPro). For more tips on how to protect yourself from job scams visit Protect yourself from job scams | Meridian

Meridian Credit Union

About Meridian Credit Union

The Meridian Experience!

A different employment experience

Are you looking for an employer who shares your passion and enthusiasm? Do you want a job where you know you’re making a difference, every day you come to work? Do you want a challenging career with an organization that gives back to the community and whose employees embrace corporate social responsibility?

Consider Meridian as a way you can grow your career with us. Where you’ll be involved in local decision making, work hands-on in finding solutions for our Members, where everyone works together to achieve our personal and financial goals.

We’ll provide an inspirational environment that’s open and collaborative that empowers you to reach your professional goals and excel in the work of fulfilling our vision.

You’ll have an opportunity to develop strong, enduring and independent working relationships where long-term partnerships with our Members is a reality. We are committed to creating a highly engaged workforce; we believe it’s critical to our success.

As a company that puts people first. Meridian has always paid close attention to the rising cost of living and factored this into employee wages, which is why we are incredibly proud to be Ontario’s largest certified living wage employer. We pay all our employees, regardless of role, a living wage as calculated by the Ontario Living Wage Network. We believe that fair compensation for our employees translates to improved financial and overall well-being.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Toronto, CA
Year Founded
2005
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