Business Development Manager

IC Savings
November 3, 2021
Home office, between Vaughan and Collingwood, Ontario, Canada
Job Type
Years of Experience Required
Minimum 2-5
Licenses / Registrations Required?
Valid driver's license, access to reliable vehicle, and home-office are essential
Start Date
Contact Name
Monika M. Maciata


Business Development Manager - Vaughan to Collingwood, Ontario

Company overview

IC Savings is a credit union that focuses on bringing the benefits of co-operative banking to its over 19,700 personal and business members, whether online, by mobile or in branch at its eight locations in the Greater Toronto Area. To learn more, visit

Who are we looking for?

A self-starter who can establish and grow the presence of IC Savings in the specified territory through mortgage broker relationships. We’re looking for an individual who can cultivate new and existing relationships to generate prospective deals to meet company sales targets and has a solid understanding not only of our products, but also underwriting standards and processes.

A competitive salary, performance bonus and an attractive benefits package await the right candidate.

Your market

The Business Development Manager will work their designated territory, which includes communities such as Vaughan, King City, Bradford, Newmarket, Alliston, Innisfil, Barrie, Wasaga Beach, Collingwood and the surrounding areas.

What you will do

  • Develop a strategy to effectively prospect territory for new business, maximize existing relationships and set volume targets.
  • Manage referral sources/mortgage brokers to ensure applications fall within the targeted risk area.
  • Evaluate and recommend mortgage applications by assessing a customer’s credit history, collateral and income, ability to pay within established guidelines, or by modifying the application parameters appropriately.
  • Ensure funding is at the level required to meet or exceed targets.
  • Maintain consistent, objective and sound risk assessments.
  • Work effectively with senior management and support staff to ensure referral sources/mortgage brokers receive a high level of service.
  • Represent IC Savings in the community by participating in various associations and attending trade shows and seminars.
  • Stay abreast of all related industry issues and ensure the unit remains current on all relevant industry issues.
  • Provide market intelligence related to real estate lending risk in target lending markets.
  • Assist with the development of product enhancements as required.

Qualifications that will contribute to your success

  • Self-motivated and sales-driven, you are also creative and entrepreneurial, with solid interpersonal and communication skills.
  • Minimum two to five years as a BDM or related position in the broker community.
  • Completion of post-secondary education, ideally with a focus on business, commerce or economics, or equivalent work experience; completion of relevant mortgage/underwriting courses/education preferred.
  • Extensive knowledge of the local broker and real estate markets.
  • Full understanding of all aspects of residential mortgage products.
  • Excellent organizational and time management skills; strong focus on customer service excellence, attention to detail and sense of urgency.
  • Proven experience in marketing, sales and business development, with a good grasp of risk and marketing principles.
  • High degree of numerical competency.
  • Strong computer skills in Word, Excel and Outlook.


  • Standard corporate business hours based on a 37.5-hour work week; ability to work extended hours if required.
  • Combination of walking, sitting, standing and considerable use of phone and computer.
  • Valid driver’s license, access to a reliable vehicle and a home-based office are essential.
  • Driving, using own vehicle, to develop business and/or attend various company seminars, meetings, trade shows, events, etc.
  • Flexibility on occasion to accommodate overnight travel within region to participate in industry events.

How to apply

If you think you have what it takes to be a successful member of our team, please submit your resume to

IC Savings is committed to accommodating people with disabilities as part of our hiring process. If you have special requirements please advise Human Resources during the recruitment process.

 While we thank all applicants for their interest, only those selected for an interview will be contacted.


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