Lead Credit %26 Equity Risk Manager - FinDev Canada

Export Development Canada; Toronto; Hybrid; CAD 127,000 - 170,000; Full time

Job summary

A leading development financial institution is seeking a Lead Credit & Equity Risk Manager to drive sustainable development in emerging markets. This role requires extensive experience in credit and risk management, offering the chance to make a significant impact. The ideal candidate will possess strong analytical skills and be fluent in English and French. The position is hybrid and based in Toronto, Ottawa, or Montreal.

Benefits

Comprehensive benefits package

Collaborative culture

Impactful work on global projects

Qualifications

• Master’s Degree with a specialization in Business Administration, Finance, or equivalent.
• Minimum 10 years in credit, equity, and risk management functions.
• Advanced experience in a financial institution with strong knowledge of various financial products.
• Fluency in both official languages (English & French).

Responsibilities

• Lead the review and assessment of transaction proposals.
• Conduct risk assessments and credit/equity surveillance.
• Prepare comprehensive transaction authorization summaries.
• Provide expert guidance on deal structures and risk management.

Skills

Credit risk management

Equity risk management

Financial analysis

Regulatory compliance

Interpersonal skills

Bilingual (English & French)

Education

Master’s Degree in Business Administration, Finance, or Accounting

Tools

Risk management frameworks

Financial modeling software

Job description

Overview

Are you ready to advance your career while impacting change in emerging markets? We are looking for a Lead Credit & Equity Risk Manager. Welcome to FinDev Canada, Canada’s development financial institution. We drive sustainable development by working with and through the private sector to positively impact climate and nature action, gender equality and market development.

This is your opportunity to join a growing, dynamic team and leave your mark on our organization, on development finance, and on the world at large.

Location: FinDev Canada headquarters is in downtown Montreal. For the right candidate, Ottawa or Toronto will be considered, with the flexibility to work under a hybrid model (home/office).

Team: Risk Management

Reports to: Director, Credit & Equity Risk Management

Employment Type: Permanent

Salary: Credit Adjudication 20: Salaries typically range from $127,380 - $169,838 annually plus a performance-based incentive.

Why You’ll Love Working Here

• Impactful Work - At FinDev Canada, we are committed to promoting sustainable and inclusive growth in emerging markets and developing economies. Your work here will make a real difference, contributing to meaningful projects that have a lasting impact on communities around the world.

• Your Colleagues - Join a diverse and talented team that brings a wealth of experience, knowledge, and passion to everything we do.

• Collaborative Culture - Collaboration is at the heart of our success. We believe that working together not only enhances our business but also strengthens our ability to achieve our mission. Our culture is built on mutual support and teamwork, ensuring that we collectively drive our mandate and strategy forward.

• Perks and Benefits - Our Total Rewards offering goes beyond just a paycheck. We provide a comprehensive package designed to meet the diverse needs and life stages of our employees.

What You’ll Be Doing:

Responsibilities

• Transaction Adjudication & Authorization Support: Lead and oversee the review and assessment of transaction proposals at origination, post-origination, and scheduled surveillance activities. Balance credit/equity risks, non-financial risks, policy compliance, and strategic objectives across diverse product lines, providing expert guidance and recommendations to management.
• Risk Analysis & Surveillance: Lead comprehensive risk assessments and credit/equity surveillance for transactions and portfolio oversight. Ensure precise risk quantification, valuations, construct surveillance tools and monitoring reports, setting standards for the team.
• Valuation & Risk Mitigation: Evaluate risk mitigants, structures, collateral, contractual documentation, transaction risk ratings, and valuation of equity investments. Develop a deep understanding of FinDev Canada’s portfolio to assess trends, early warning signs, and propose risk mitigation strategies and opportunities for portfolio optimization.
• Transaction Summaries & Recommendations: Prepare comprehensive transaction authorization summaries and recommendations. Contribute to informed decision-making processes that align with strategic goals and risk management frameworks and policies, demonstrating strong attention to detail and influencing high-level decisions.
• Risk Management Support: Share extensive knowledge of risk management and credit structuring with team members and business partners. Provide expert guidance on deal structures, risk acceptability, and policy interpretation.
• Guideline Development Support: Lead the development and refinement of underwriting guidelines by providing insights and recommendations. Ensure credit practices remain robust and forward-thinking, setting practices in alignment with industry best practices.

What We Are Looking For

Must Haves:

• Master’s Degree with a specialization in Business Administration, Finance, Accounting, or equivalent.
• Minimum 10 years combined experience in credit, equity, and risk management functions in the context of emerging & developing markets across diverse sectors
• Advanced experience in a financial institution and deep product knowledge, including term loans, revolving loans, trade facilities, syndicated loans, equities, funds, bonds, grants, parallel loans and guarantees
• Advanced experience reading and interpreting financial statements with strong risk analysis and quantification skills, experience developing risk management policies and limits, experience managing or overseeing a diverse transaction portfolio
• Advanced knowledge of capital risk management, risk models, stress testing, scenario analysis, and portfolio monitoring
• Advanced knowledge of risk governance best practices based on 3LD principles, including committee structures, approval processes, delegations of authority, and escalation procedures
• Strong interpersonal and relationship management skills
• Advanced written and oral communication skills
• Language Profile: Fluency in both official languages (English & French)

Nice to Haves:

• Prior experience working specifically at a development finance institution (DFI) or a multilateral development bank (MDB)

Ready to take the next steps?

Apply now! Your application must clearly demonstrate how you meet all the requirements.

Want to learn more about FinDev Canada? Check out our website here: FinDev Canada’s website

FinDev Canada’s Commitment to Employment Equity

FinDev Canada is committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds and with a range of ability, and nurturing a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed and be their truest selves in an inclusive environment. We are committed to employment equity and actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.

We thank all applicants for their interest in a career at FinDev Canada; however, only those selected for an interview will be contacted. Please note that qualified candidates may be considered for similar roles at this same level within FinDev Canada.