725 EN - Underwriter, International Financing Guarantee
About The Position
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. This process will fill one current, permanent vacancy and will also be used to build a pool for future Underwriter opportunities at levels 13–18 over the next 12 months. Candidates will be assessed at the level that best aligns with their experience and demonstrated capability. Export Development Canada operates in a hybrid work environment, with a current requirement of two days per week increasing to three days per week in September 2026 (subject to change). This role can be performed from EDC’s headquarters in Ottawa or from one of our Community Hubs located in Toronto, Montreal, Quebec City, Winnipeg, Saskatoon, Regina, Calgary, Edmonton, Halifax, or Vancouver. Relocation assistance is available for candidates who meet the eligibility criteria for permanent roles only. At Export Development Canada (EDC), we empower Canadian businesses to succeed globally. As a financial Crown corporation, we offer innovative financial solutions and expert insights to help businesses explore new markets, mitigate risks, and achieve growth. EDC’s Small Business & Partnerships (“SB&P”) 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 SB&P, the International Financing Guarantees team is looking for an enthusiastic finance professional who works well in a team environment, and enjoys interacting with colleagues, banks and clients on a regular basis. The Underwriting & Credit Risk job function is an essential part of EDC’s core business services for our customers. This job function identifies, assesses, and manages credit & non-credit, transaction, and portfolio related risks.
Requirements
- Completed an Undergraduate degree in Accounting, Business Administration, Finance or related field.
- Knowledge of structuring/restructuring in commercial lending and/or loan portfolio management.
- Underwriter 13: Typically 1 year or less of relevant experience. You may be early in your underwriting or financial risk career, with experience supporting routine files or transactions and applying established processes with guidance.
- Underwriter 15: Typically 2 years of relevant experience. You bring experience managing routine underwriting or risk-related work with growing independence and can apply established frameworks to common transaction scenarios.
- Underwriter 17: Typically 5+ years of relevant experience. You bring strong underwriting experience handling increasingly complex transactions, with the judgment and confidence to lead analyses, navigate challenges, and defend recommendations in broader forums.
- Underwriter 18: Typically 7+ years of relevant experience. You bring deep underwriting expertise and experience with complex, high-risk, or high-visibility transactions, along with the credibility and interpersonal effectiveness to influence across the organization and coach others.
- EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Canada at the time of application (Canadian Citizens or Permanent Residents).
- Candidates must meet the requisite government security screening requirements.
Nice To Haves
- MBA
- Professional designation (CFA or CPA)
- Financial analysis, credit and financial modeling skills
- Bilingual in both official languages (French and English)
Responsibilities
- Identifies, assesses and mitigates key transaction risks.
- Provides on-going customer service and support to ensure customer satisfaction throughout the transactional process;
- Understands financing issues, financial markets terminology and general lending/underwriting practices and, with moderate supervision, applies this knowledge to the risk underwriting and mitigation process;
- Supports account management function in managing customer expectations at various stages of the process;
- Working closely with Legal Services, drafts and/or reviews documents to deliver products for transactions;
- Develop and lead negotiations, explain difficult issues and work to establish consensus;
- Identify shortcomings and suggest improvements to existing processes, systems and procedures, then delivers a plan for a small element of a change management program with guidance from a project/program manager.
- May oversee work, coach and train more junior transactors.
- Prepares transaction and credit material, and presents transactions to appropriate DOA and recommends transactions within specified parameters, policies and guidelines
- Under minimal guidance, completes assigned structuring activities such as pricing and documentation for conventional, repeat transactions involving minimal customization. Undertakes assigned credit risk assessment, applying established methods and models to common, defined risks and mitigants
- Independently leads proportionate share of transactions with increasing complexity requiring greater in-depth credit analysis;
- Leads or advises on, with minimal guidance, the assessment/validation and recommendation of common, defined credit/non-credit risks and mitigants. Under guidance, undertakes the assessment/validation and recommendation of complex, irregular and/or significant credit/non-credit risks involving broad sets of mitigants. OR for same endorses, authorizes and/or provides advice on risks, mitigants and related processes and guidelines. Determines financial eligibility of customers, borrowers and other counter parties and drafts and/or reviews documents to deliver products
Benefits
- Competitive compensation & benefits package
- Work-life balance
- Hybrid work options
- 3 to 4 weeks paid vacation
- Corporate closure period
- Summer early Friday’s
- No meeting Fridays
- Continuous learning opportunities, including training programs, workshops and language training.
- Diverse and inclusive workplace
- Wellness initiatives, mental health support, and fitness programs
- Volunteer opportunities
- Relocation assistance is available for candidates who meet the eligibility criteria for permanent roles only.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
