Risk Analyst, Risk Assessment & Portfolio Management
EDC is Canada's export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 9,000 Canadian companies and their global customers in up to 200 markets worldwide each year. In 2017, EDC has been recognized as a Top 100 Employer and a Top Family-Friendly Employer.
EDC is financially self-sustaining, and is a recognized leader in financial reporting and economic analysis.
Team & Job Overview
The Risk Assessment & Portfolio Management (RAPM) team monitors the Insurance portfolio, performing independent credit risk assessment and portfolio management and ensuring that appropriate action is taken when the credit risk of a company is no longer considered acceptable. RAPM participates in the ongoing review of the Insurance group's credit granting and credit surveillance standards and its policies and procedures for risk acceptance.
We are looking for a dynamic and motivated credit professional to manage a portfolio of buyers, performing independent credit and financial risk assessment to assess the commercial risk acceptance and repayment capabilities of these companies, in support of our Insurance program.
We intend to use this candidate pool to fill openings in 2018 and 2019, an eligibility list will be created.
- Minimizes financial risk to the organization by assessing and advising on creditworthiness of prospective and existing foreign buyers of Canadian exporters;
- Performs periodic reviews to ensure transparency regarding the company risk profile;
- Analyses and comments on market and portfolio developments;
- Liaises with external entities and other departments to assess credit issues.
- Assesses the creditworthiness and risk level of the buyer and/or transactions based on the financial review of the buyer as well as the assessment of other factors such as country economic conditions, payment terms etc;
- Assesses and evaluates requests for new credit in support of the business teams on marginal risk accounts, large dollar exposures and unusual credit scenarios;
- Timely surveillance and monitoring of buyer portfolio to ensure files are up to date and minimizes credit granting turnaround times;
- Consistently adhere to acceptable credit standards to ensure appropriate documentation, credit analysis and recommended decisions;
- Proactively share knowledge about their respective portfolio sector and to provide superior service to the Business Teams, internal partners and customers;
- Ability to generate new continuous improvement ideas for EDC by working closely with colleagues, customers and key intermediaries.
- Undergraduate Degree in Accounting, Business Administration, Finance or other related disciplines
- Minimum of 2 years (Risk Analyst, level 2), 5 years (Risk Analyst, level 3) or 7 years (Senior Risk Analyst, level 4) of experience in credit risk management and international trade or related
- Knowledge of credit risk management principles and practices
- Professional designation/candidacy (CFA, CPA, MBA)
- Bilingual in both official languages (French and English)
- Knowledge of bank credit and lending practices
- Knowledge of international business practices and international trade
- Risk Analyst, level 2: $62,000 - $92,000, plus performance based incentive
- Risk Analyst, level 3: $73,000 - $109,000, plus performance based incentive
- Risk Analyst, level 4: $86,000 - $128,000, plus performance based incentive
**Please note that we will consider candidates at the Risk Analyst, level 2 to Senior Risk Analyst, level 4, depending on the incumbent's qualifications**
How to apply
Only candidates selected for an interview will be contacted.
Application deadline: December 7, 2018, 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.