Export Development Canada

Ottawa, Ontario

Associate, International Financing Guarantees (12-Month Contract)

Jan 21, 2022
$64,100 - $96,100
Ottawa, Ontario

EDC is Canada’s export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. We take on risk so Canadian businesses can take on the world.

When you join our team, you’ll be helping Canadian companies bring their vision, passion and innovation to the global marketplace. Your knowledge and expertise will support more than 25,000 Canadian companies and their customers in as many as 200 markets worldwide. You’ll work shoulder-to-shoulder with the best and brightest in an inclusive, collaborative environment that fosters professional development and success. And you’ll know that you’re making a difference every day—for companies, for Canada and for the people you work with.

Year after year, EDC has been recognized as a Top 100 and Top Family-Friendly Employer.

Team & Job Overview

EDC’s Working Capital Solutions Group provides financing solutions in support of Canadian exports and foreign investments to:  

  • Canadian exporters and their foreign customers;
  • Canadian investors and their foreign affiliates; and
  • Financial institutions.     

Within Working Capital Solutions, the International Financing Guarantees team is looking for enthusiastic finance professionals who works well in a team environment, and enjoys interacting with colleagues, banks and clients on a regular basis.

With the customer’s need always in view and in close collaboration with EDC’s Business Development, Legal Services, Corporate Responsibility Group plus our external banking partners both domestically and internationally, the successful candidate  will be relied upon to understand the customer’s needs, underwrite financing loan guarantees which addresses those needs, assess the credit risk and recommend risk mitigation strategies as appropriate to achieve the optimal balance between customer-centricity and  EDC’s business requirements.

Discipline Summary

  • Works in collaboration with internal and external business customers, financial institutions and other organizations to secure financing;  
  • Structures and delivers financing solutions (defined broadly to include guarantee structures) that support the specific product and service needs of customers ranging from small to mid-sized enterprises;
  • Analyzes the needs of customers and transaction delivery processes to suggest the best financial tool to meet the need;
  • Assesses the risk of proposed solutions and establishes appropriate transaction pricing;
  • Assists the business development teams with on-going customer service throughout the transaction process;
  • Negotiates changes to the terms and structure of existing transactions and recommends these by assessing the risk of proposed solutions and establishing appropriate transaction pricing;
  • Conducts regular risk analysis and credit reviews of loan guarantees.

Key Responsibilities

  • With oversight, works as part of a team on financing transactions and contributes to the management of a proportionate share of transactions;
  • Learns about financing issues and general lending/underwriting practices;
  • Works closely with other team members and Legal Services to draft and/or review documents;
  • Conducts due diligence and necessary analysis to establish the creditworthiness of the borrower or relevant counter party;
  • Prepares transaction and credit material, and presents transactions to appropriate DoA Supports account management function in managing customer expectations at various stages of the process;
  • Ensures discipline around data integrity;
  • Identifies opportunities for improvement, solves problems, participates in ongoing brainstorming and CI alignment meetings. Contributes to ad hoc projects related to process and other improvements.

Screening Criteria  

  • Completed an Undergraduate Degree in Accounting or Business Administration, Finance or related field
  • Minimum 1 year of experience in financial services 
  • Knowledge of structuring/restructuring in commercial lending and/or loan portfolio management
  • Strong preference will be given to bilingual candidates (English and French)

Assets

  • MBA
  • Professional designation (CFA or CPA)
  • Financial analysis, credit and modeling skills

Salary Range

  • $64,100 - $96,100 

Location

  • This position can be performed in any EDC office across Canada

Please note that EDC will be following a mandatory vaccination policy.

How to apply

Only candidates selected for an interview will be contacted.
 
Application deadline on www.edc.ca/careers : Jan 21, 2022, 11:59:00 PM EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation. Candidates must meet the requisite government security screening requirements.
How to Apply