Senior Associate, Corporate Lending

Export Development Canada•Ottawa, ON

7d•$74,297 - $99,063•Hybrid

About The Position

Join the EDC Team! At EDC, we support Canadian businesses to succeed globally. We provide the financial tools and expertise they need to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade. EDC's Corporate Lending Canada (“CLC”) team manages a portfolio of corporate loan assets for domestic and international borrowers. The CLC team is seeking a financing professional with experience in corporate loans credit analysis, structuring, documentation and transaction management. In close collaboration with EDC’s Global Accounts Director, 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.

Requirements

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.
Completed an Undergraduate degree in Accounting, Business Administration, Finance or in a related field.
Minimum 2-5 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.

Nice To Haves

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.

Responsibilities

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.