City : Ottawa

Category : Full-time

Industry : Financial

Employer : Export Development Canada (EDC)

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC offers financial products and knowledge to help Canadian businesses confidently enter new markets, reduce financial risk, and grow their business. 

When you join our team, you’ll be helping Canadian businesses learn the endless possibilities that open to them through export and help bring their vision, passion, and innovation to the world. Your knowledge and expertise will support more than 25,000 Canadian businesses and their customers in as many as 200 markets worldwide. You’ll work amongst the best and brightest in an inclusive, collaborative environment that fosters professional development and success. And you’ll know that you’re making an impact every day – for businesses, for Canada and for the people you work with. 

Are you ready to make an impact? Join EDC, recognized as a Top 100 and Top Family-Friendly Employer, as we take on the risk so Canadian businesses can take on the world.       #LI-Hybrid

Overview

EDC’s Corporate Lending (“CL”) team manages a portfolio of corporate loan assets for domestic and international borrowers.  The CL team is seeking a financing professional with experience in corporate loans credit analysis, structuring, documentation and transaction management. 

In close collaboration with EDC’s Business Development, Legal Services, Corporate Sustainability & Responsibility Groups, as well as domestic and international banking partners, the successful candidate will be relied upon to understand the customer’s needs, structure a solution which addresses those needs, assess the credit risk and recommend risk mitigation strategies to achieve the optimal balance between customer-centricity and EDC’s business requirements. The successful candidate will work in collaboration with other team members in managing the risks of a loan portfolio in a specific sector or geographic region.

Discipline Summary

• Conducts regular risk analysis and credit reviews of a portfolio of loans and guarantees
• Conducts due diligence and assesses company credit, industry, country, CSR, and other applicable risks
• Supports the negotiation of risk mitigants, financial terms and conditions and establishes or validates appropriate transaction pricing compliant with market window or consensus pricing guidelines
• Uses financial models, including appropriate assumptions, drivers and methodology
• Leads and/or supports the credit recommendation process for new loans and credit reviews and obtains all required approvals
• Reviews credit documentation in collaboration with legal counsel 
• Works in collaboration with business customers, foreign buyers, financial institutions and other organizations to deliver financial solutions.  
• Provides support in structuring and delivering financing solutions which may include direct loans, syndicated loan participations, guarantee structures, leasing, etc.) that support the needs of customers across all industry sectors 
• Assists the business development teams with on-going customer service throughout the transaction process

Responsibilities

• Applies knowledge of financing and general lending/loan practices to support the delivery of new loans and support the existing portfolio
• Assesses and mitigates transaction risks on standard transactions and portfolios
• Leads the projection analysis and modelling in support of transactions
• With oversight, authors credit submissions and formulates pricing analysis reflective of risk and market conditions
• Supports the account management function in managing customer expectations at various stages of the process
• Determines financial eligibility of customers, borrowers and other counterparties and along with counsel, supports the review of loan documentation
• In support of the portfolio, remains knowledgeable of risks and market trends in sectors/ regions

Screening Criteria

• Completed an Undergraduate degree in Accounting, Business Administration, Finance or in a related field 
• Minimum 4-5 years' experience in financial services, with a notable preference for experience in a corporate lending environment or closely similar
• Knowledge of structuring/restructuring in corporate lending and/or loan portfolio management
• Credit analysis, risk assessment and negotiation skills
• Comfortable working in or developing Excel based financial models

Assets 

• Enrollment in or completion of a professional designation (CFA, CPA)
• MBA
• Ability to communicate in both official languages (English and French), as well as other key international trading market languages. 
• Knowledge of general business practices and international business issues 

Compensation Details:

Sr. Associate, Corporate Lending (Underwriter 16): Salaries typically range from $71,063 to $94,752 annually, based on qualifications and experiences, plus a performance-based incentive. 

Sr. Associate, Corporate Lending (Underwriter 17): Salaries typically range from $81,012 to $108,017 annually, based on qualifications and experiences, plus a performance-based incentive. 

Location

• Export Development Canada is a hybrid work environment.
• This role will be performed from EDC’s headquarters in Ottawa.
• Relocation assistance is available for eligible candidates.

EDC's Commitment to Employment Equity 

EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities and members of the 2SLGBTQI+ community. If selected for an interview, please advise us if you need any special accommodation.