Director, Execution

Canada Indigenous Loan Guarantee Corporation (CILGC); Toronto; On-site; CAD 100,000 - 130,000; Full time

Benefits offered by this job

Flexible Work Hours

Collaborative Environment

Professional Development Opportunities

Job summary

A Federal Organization in Toronto is seeking a Director to manage execution activities for the Indigenous Loan Guarantee Program. The ideal candidate will have a Bachelor's degree, a minimum of eight years of relevant experience, and a strong foundation in project finance. Responsibilities include leading execution activities, supporting project teams, and preparing reports for management. This role offers a hybrid work model and is open to applicants throughout Canada.

Qualifications

• Minimum eight years of relevant experience in transactions and deals.
• Deep understanding of M&A and project finance.
• Experience creating complex financial models is crucial.
• Proficiency in both official languages is an asset.

Responsibilities

• Lead day-to-day execution activities for loan guarantee applications.
• Support the project execution team and maintain oversight on applications.
• Conduct financial analysis related to the loan guarantee portfolio.
• Prepare reports and presentations for internal and external parties.
• Mentor junior team members and support their development.

Skills

Project finance

Debt financing

Credit analysis

Financial modeling

MS Excel

MS PowerPoint

Education

Bachelor's degree in a relevant field

Tools

Bloomberg

FactSet

Job description

The federal Indigenous Loan Guarantee Program (ILGP) move Indigenous economic reconciliation from discussion to action. This historic initiative facilitates participation in economic prosperity a reality for Indigenous Peoples in Canada. It helps remove historical barriers to inclusion in the economy while creating new possibilities for maximizing growth that will benefit the entire country. The economic success of Indigenous Peoples is the success of all Canadians.

To advance Indigenous economic reconciliation for Canada meaningfully, the opportunity must be given to Indigenous groups to become leaders and equity partners in these projects. The ILGP will reduce the cost of capital for Indigenous groups across the country and support their ability to raise capital to invest in, and become commercial partners in, major projects across a diverse sector base.

Canada Development Investment Corporation (CDEV) is delivering ILGP through its wholly owned subsidiary company, Canada Indigenous Loan Guarantee Corporation (CILGC).

About CDEV

CDEV advances economic prosperity for Canada by delivering financial and commercial expertiseto theGovernment of Canada. A self-sustaining Crown corporation since 1982, and reporting to Parliament through the Ministerof Finance CDEV is the federal government’s trusted advisor and active asset manager of more than$75billionin strategic assets through eightwholly owned subsidiaries. Operatingat arm’s length and at the speed of business, CDEV isregularly calledupon to advise on and execute critical financial transactions, support priority policyobjectives, and maximize the value of corporate assets in Canada’s best interest.

Certified as a “Great Place to Work Canada,” CDEV is a collaborative, high-performing, experienced and commercially focused organization that provides critical support to CILGC.

About CILGC

CILGC is a wholly owned subsidiary of CDEV established in December 2024. CILGC is responsible for:

• conducting outreach and engagement with Indigenous groups;
• screening and prioritizing applications;
• reviewing, analysing and diligencing prioritised applications;
• negotiating, issuing and administering loan guarantees; and
• monitoring and managing the portfolio of loan guarantees.

CILGC engages with applicants to refine proposals and ensure they meet rigorous standards of financial and commercial viability and align with the program’s objectives. With the recent hiring of its inaugural CEO, CILGC is continuing to build out its team of dedicated staff, whilst CDEV will maintain its provision of support, including due diligence, portfolio management, governance, communications, and other corporate functions, as needed.

Position Overview

CILGC is hiring a Director to join its high-performing team of experienced execution professionals. This person will report to the Chief Financial Officer and will be expected to work across the CILGC management team. The person will be responsible for leading day to day execution activities for eligible and prioritized ILGP applications. This will include working with other CDEV / CILGC specialists and advisors in the end to end management of loan guarantee execution through diligence and negotiation to financial close. The selected candidate will ideally be based in either Toronto or Ottawa, both currently with a hybrid work option. However, highly skilled and suitably experienced candidates based elsewhere in Canada may be considered as well.

Responsibilities

• Support the CILGC project execution team in the management of loan guarantee applications, including working closely alongside and overseeing key advisors, such as investment banks, management consultants and lawyers; often operating in a day-to-day project leadership capacity; ensure the relevant CILGC project sponsor and CEO are appropriately updated and consulted.
• Support the continued roll out and operationalisation of the expanded Indigenous Loan Guarantee program with CILGC management, as required.
• Oversee and, if needed, conduct research and financial analysis related to the CILGC guarantee portfolio; ongoing transactions and projects; and key sector trends.
• Oversee and, if needed, conduct industry research and analysis to support the development of financial models related to ongoing transactions and projects.
• Lead the preparation and review of reports and presentations to internal and external parties, including, for example, CILGC investment committee, CILGC board and relevant government departments.
• Work closely with your Associate and Analyst team, as a coach and mentor and supporting their development, as part of your overall people manager responsibilities.
• Represent CILGC in external meetings with ILGP applicants, advisors, Government of Canada staff and others.
• Build and maintain a professional network supportive of CILGC’s mandate and growth strategy.
• Lead effective and efficient project management, including appropriate completion of risk and compliance tasks and ensuring internal files are organized and current.
• Work on special projects with the management team, including internal business and strategy development and transformation initiatives.

Required Skills and Qualifications

• Bachelor’s degree (ideally in a relevant field), with significant (minimum eight years) relevant experience, which could include transactions and deals; debt financing, including project finance; major capital projects; valuations and investment appraisal, etc.
• Deep understanding of M&A and / or project finance.
• Understanding of credit advisory, e.g. debt capital markets, commercial lending and / or credit analysis, including portfolio management is an asset.
• Broad sector experience and understanding, including natural resources, energy, infrastructure and industrial sectors and trends, such as decarbonization, oil and gas pipelines, transport, critical minerals, data centres and forestry is an asset.
• Understanding of the federal government and Crown corporation environment is an asset.
• CPA, CFA, or MBA is an asset.
• Significant experience building and reviewing complex integrated financial models.
• Strong proficiency in MS PowerPoint, Excel (including Power Query, Power Pivot, Power BI, VBA, etc.), Word and Bloomberg / FactSet; other digital enablement and coding related skills are also an asset.
• Ability to create professional reports and presentations for senior management and the Board of Directors, with limited oversight.
• Ability to engage effectively with CILGC / CDEV stakeholders at all levels, including CILGC investment committee, CILGC Board, CDEV's portfolio management teams, lenders,borrowers and senior Government of Canada staff.
• A team player who is flexible, can pivot effectively between the detail and big picture and enjoys the variability of working on a diverse range of projects.
• Proficiency in both official languages is an asset.

Working Conditions

Work is performed in an office environment with no physical effort required beyond day-to-day movement such as sitting, standing, walking, etc. No audio / visual effort required beyond day-to-day activities such as working on a computer, answering phones, or e-mails.

Recruitment Process

We welcome applicants of all backgrounds, and we will work with you if you require accessibility accommodation at any point during the recruitment process, pending that you let us know of your needs in advance. Note that only qualified candidates selected for an interview will be contacted.