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Covenant Officer Level 2, Credit Risk Services (permanent opportunity)
Covenant Officer, Credit Risk Services (permanent opportunity)-0002WJ
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 13,000 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.
The Credit Risk Services Team plays the lead role in the determination of Probability of Default (PD) ratings through performance of a Qualitative and Quantitative assessment of EDC’s loan counterparties (obligors, guarantors, etc.), effectively capturing all relevant risks. Moreover, the team also performs the monitoring of reporting & financial covenants, insurance certificates and security registrations for EDC’s portfolio of commercial loans and guarantees.
The Covenant Officer is the primary point of contact for the post-signing servicing of covenants. S/he is responsible for covenant administration from the time a loan is signed to its final repayment.
In consultation with other members from the team, s/he provides in-depth input into the development of strategies, processes and procedures for the tracking, reporting, monitoring and resolution of overdue covenants.
We are looking for a dynamic and seasoned professional who will actively participate in the attainment of the team's objectives to ensure effective and timely management of loan covenants.
**Please note that we will consider candidates at levels 2 - 3 depending on the incumbent’s qualifications*
How to apply
Only candidates selected for an interview will be contacted.
Application deadline: Friday, October 23, 2020, 11:59 p.m. EST on www.edc.ca/careers
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.
Primary Location: Canada-Ottawa
Job Type: Permanent