Risk Analyst, Risk Assessment %26 Portfolio Management – (Level 16-18)

Export Development Canada; Toronto; Hybrid; CAD 72,000 - 127,000; Full time

Job summary

Join Export Development Canada (EDC) as a Risk Analyst specializing in credit risk assessment. You'll be part of a dynamic team dedicated to supporting Canadian businesses' global success. Your expertise will help manage a diverse portfolio, ensuring sound financial practices and risk mitigation. EDC offers a collaborative environment and numerous development opportunities. Embrace this chance to make a difference in international trade and sustainable growth.

Benefits

Flexible benefits

Defined Contribution Pension Plan

Competitive vacation program

Comprehensive wellness programs

Professional Development opportunities

Qualifications

• Experience in credit risk management and international trade is essential.
• Knowledge of credit risk management principles and practices.
• Professional designation (CFA, CPA, MBA) is preferred.

Responsibilities

• Conduct due diligence and analysis to establish creditworthiness.
• Assess requests for new credit and implement portfolio monitoring.
• Prepare credit materials and present recommendations.

Skills

Credit Risk Management

Analytical Skills

Financial Analysis

Education

Undergraduate Degree in Accounting, Business Administration, Finance

Job description

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.#LI-Hybrid

Position:Risk Analyst, RAPM (Level 16-18)

Employment Type: Permanent

Compensation Details:

• Portfolio Risk Management 16: Salaries typically range from $72,840 to $97,121 annually, based on qualifications and experiences plus a performance-based incentive.
• Portfolio Risk Management 17: Salaries typically range from $83,037 to $110,717 annually, based on qualifications and experiences plus a performance-based incentive.
• Portfolio Risk Management 18: Salaries typically range from $94,664 to $126,219 annually, based on qualifications and experiences plus a performance-based incentive.

Location:

• Export Development Canada operates in a hybrid work environment, currently requiring employees to work in the office2days per week.(subject to change)
• This role can be performed from EDC’s headquarters in Ottawa or from community hubs in Toronto or Montreal.
• Relocation assistance is available for candidates who meet the eligibility criteria.

About EDC:

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.

Why Join EDC?

• Collaborate with a diverse, experienced team– Work alongside talented professionals who bring a wealth of knowledge and expertise to drive success.
• Thrive in a supportive, teamwork-driven environment– Flourish in a workplace where collaboration and mutual support are paramount.
• Impact global communities through sustainable growth in emerging markets– Make a meaningful difference by fostering sustainable development in key regions around the world.
• Recognized as one of Canada’s Top 100 Employers, Best Diversity Employers, and a Top 100 Family-Friendly Employers– Join a company that is celebrated for its commitment to excellence, diversity, and work-life balance.
• Enjoy a comprehensive Total Rewards package:
• Flexible benefits– Our program lets you choose coverage that suits your unique needs, including Medical, Dental, Life, and more. Plus, we offer additional Flex credits to tailor your plan even further.
• Defined Contribution Pension Plan– Secure your future with our generous matching program that helps you save for retirement.
• Competitive vacation program– Enjoy a work-life balance with our competitive vacation program, starting with 4 weeks of vacation and 2 floater days each year for permanent employees.
• Comprehensive wellness programs– Stay healthy and happy with access to wellness initiatives, mental health support, and fitness programs.
• Professional Development– Advance your career with our support for growth and development through conferences, language training, and educational opportunities.

Team 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 dynamic and motivated credit professionals 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.

What you will be doing:

• Conducts due diligence and necessary analysis to establish 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.
• Implements timely surveillance and monitoring of buyer portfolio to ensure files are up-to-date and minimizes credit granting turnaround times.
• Analyses and comments on sector, market and portfolio developments.
• Consistently adheres to acceptable credit standards to ensure appropriate documentation, credit analysis and recommended decisions.
• Prepares credit material and presents recommendations to appropriate DOA.
• Proactively shares knowledge to provide superior service to the Business Teams, internal partners, and customers.
• Learns about general credit insurance underwriting practices.
• Ensures discipline around data integrity.
• Liaises with buyers, banks, information providers and other entities to assess credit issues.
• Able to generate new continuous improvement ideas for EDC by working closely with colleagues, customers, and key intermediaries. Contributes to ad hoc projects related to process and other improvements .

What we are looking for:

• Undergraduate Degree in Accounting, Business Administration, Finance or other related disciplines.
• Experience in credit risk management and international trade or related fields as follows:
• Portfolio Risk Management 16, 2+ years.
• Portfolio Risk Management 17, 5+ years.
• Portfolio Risk Management 18, 7+ years.
• Knowledge of credit risk management principles and practices.

What will make you stand out:

• 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.

Eligibility:

EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Canadaat the time of application(Canadian Citizens or Permanent Residents). Candidates must meet the requisite government security screening requirements.The position is open to those who meet all of the essential requirements stated above and whose applications are received by the closing date.

This position is open to individuals who meet all the essential criteria outlined above and submit their applications by the closing date.Ready to make a difference?This is your chance to join a dynamic, growing team and leave your mark on our organization, development finance, and the world.

Apply today!

Want to learn more about EDC? Check our website herehttps://www.edc.ca

EDC's Commitment to Employment Equity

Export Development Canada (EDC) is dedicated to fostering employment equity and building a diverse workforce. We are committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds, and abilities. At EDC, we nurture a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves.

We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.

Should you require any accommodation during the recruitment and selection process, please let our Recruitment team know.

Your application must clearly demonstrate how you meet all the requirements. We thank all applicants' interest in a career at EDC; however, only those selected for an interview will be contacted. Please note that a pool of qualified candidates may be established and may be used to staff similar positions at this level at EDC.