Sr. Underwriter, ITG Corporate & Global Accounts - 177 EN

Export Development Canada | Exportation et développement Canada; Vancouver; Hybrid; CAD 97,000 - 149,000; Full time

Job summary

Export Development Canada (EDC) is seeking a Senior Underwriter for ITG Corporate & Global Accounts. The role focuses on assessing, structuring, and recommending transactions that support Canadian exporters, balancing risk with development impact.

The position requires extensive credit analysis, strong financial judgement and collaboration with multiple stakeholders. You will work in a hybrid model with relocation support and opportunities to contribute to risk governance and client outcomes

Qualifications

• Bachelor of Commerce in Business, Finance or Accounting (or equivalent education/experience).
• Minimum of 7 years (Underwriter 18) and 10 years (Underwriter 19) of recent experience in commercial/corporate banking, surety underwriting or transaction structuring.
• Knowledge of commercial lending practices, common financing structures, and security.
• Strong credit analysis, risk assessment and negotiation skills.

Responsibilities

• Conduct comprehensive financial analysis including assessment of financial statements, cash flow, leverage, liquidity, debt service capacity and other key credit metrics.
• Analyze financial, industry, transactional, and qualitative information to identify and mitigate credit, underwriting, and portfolio risks.
• Structure and recommend ITG facilities, guarantees and related solutions based on risk-adjusted assessments within delegated limits.
• Prepare high-quality underwriting assessments, risk analyses, and approval documentation outlining risks and mitigants.
• Exercise sound risk-based judgment in evaluating transactions balancing credit risk, policy objectives, and customer outcomes.
• Identify emerging risks and recommend mitigations or escalation as needed.
• Collaborate with Business Development, Portfolio Management, Product Management, Operations and Risk Management to assess risk exposures and deliver solutions.
• Engage with financial institutions, brokers, surety partners and customers to understand business models and requirements.
• Contribute to continuous improvement initiatives to strengthen underwriting quality and risk governance.
• Support knowledge sharing to enhance financial analysis and customer experience.
• Maintain understanding of ITG products, underwriting standards, portfolio risk management and market developments.

Skills

Credit analysis

Risk assessment

Negotiation

Financial analysis

Education

Bachelor of Commerce in Business, Finance or Accounting

Job description

Application deadline: October 12, 2026 at 12:00PM ET

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.

Position: Sr. Underwriter, ITG Corporate & Global Accounts

Employment Type:Permanent

Compensation Details:

• Underwriter 18: Salaries typically range from $96,557 to $128,743 annually, based on qualifications and experience, plus a performance-based incentive.
• Underwriter 19: Salaries typically range from $112,006 to $149,341 annually, based on qualifications and experience, plus a performance-based incentive.

Location:

• Export Development Canada operates under a hybrid work model, with employees currently required to work from the office three days per week.
• This role can be performed from EDC’s headquarters in Ottawa or from one of our Community Hubs located in Toronto, Mississauga, Montreal, Brossard, Laval, Calgary, Edmonton, Halifax, or Vancouver.
• Relocation assistance is available for candidates who meet the eligibility criteria.

Internal Employees, please consult the ServiceNow article entitled Internal movements – what you need to know.

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?

• Comprehensive Benefits: EDC offers a competitive compensation & benefits package, work-life balance, & the opportunity to help make Canada and the world better through trade.
• Work-Life Balance: EDC offers a competitive compensation package & work-life balance. We have hybrid work options, 3 to 4 weeks paid vacation, a corporate closure period, summer early Friday’s & no meeting Fridays.
• Professional Development: Take advantage of our continuous learning opportunities, including training programs, workshops and language training.
• Inclusive Culture: Be part of a diverse and inclusive workplace that champions employment equity & values diversity of ideas, strengths, & backgrounds to succeed.
• Wellness Programs: Access to wellness initiatives, mental health support, and fitness programs to keep you healthy and happy.
• Community Engagement: Participate in volunteer opportunities and give back to the community through our various social responsibility programs.

Team Overview:

The International Trade Guarantee (ITG) – Corporate and Global Accounts (CGA) team delivers innovative risk transfer and working capital solutions that help Canadian companies compete and grow both domestically and internationally. Through partnerships with financial institutions and surety providers, ITG enables clients to access financing, bonding, foreign exchange facilities, and other critical support while preserving liquidity and balance sheet capacity.

Our team supports companies across a wide range of industries with a focus on large national and global enterprises. We combine sound financial analysis & underwriting practices, commercial judgment, and customer focus to facilitate business growth while managing risk responsibly. ITG offers a collaborative, fast-paced environment where employees are empowered to contribute ideas, develop technical expertise, and play a meaningful role in supporting Canadian companies contributing to trade and economic growth.

What you will be doing:

As an ITG Underwriter, you will assess, structure, and recommend transactions that support Canadian companies through EDC’s suite of guarantee and risk transfer products. You will exercise sound credit and underwriting judgment to balance risk and development impact while delivering responsive solutions that meet client and partner needs by:

• Conducting comprehensive financial analysis, including assessment of financial statements, cash flow generation, leverage, liquidity, debt service capacity, and other key credit metrics to evaluate company strength and repayment capacity.
• Analyzing financial, industry, transactional, and qualitative information to identify, assess, and mitigate credit, underwriting, and portfolio risks.
• Structuring and recommending new and existing ITG facilities, guarantees, and related solutions based on risk-adjusted assessments and sound underwriting principles, within delegated authority limits.
• Preparing high-quality underwriting assessments, risk analyses, recommendations, and approval documentation that clearly articulate key risks, mitigants, and rationale for credit decisions.
• Exercising sound risk-based judgment in evaluating transactions and balancing credit risk, policy objectives, portfolio considerations, and customer outcomes.
• Identifying emerging risks, adverse trends, financial deterioration, and underwriting concerns, and recommending appropriate risk mitigation strategies or escalation where required.
• Collaborating with Business Development, Portfolio Management, Product Management, Operations, and Risk Management stakeholders to assess risk exposures and deliver timely, well-structured solutions.
• Engaging with financial institutions, brokers, surety partners, and customers to understand business models, financial performance, risk drivers, and transaction requirements.
• Contributing to continuous improvement initiatives that strengthen underwriting quality, risk governance, consistency of credit decisions, and operational effectiveness.
• Supporting knowledge sharing and collaboration to enhance the team’s financial analysis, underwriting expertise, risk management capability, and customer experience.
• Maintaining a strong understanding of financial analysis techniques, ITG products, underwriting standards, portfolio risk management practices, market developments, and EDC policies.

What we are looking for:

• Bachelor of Commerce in Business, Finance or Accounting(or equivalent education/experience)
• Minimum of 7 years (Underwriter 18) and 10 years (Underwriter 19) of recent experience in commercial/corporate banking, surety underwriting or transaction structuring
• Knowledge of commercial lending practices, common financing structures, and security
• Strong credit analysis, risk assessment and negotiation skills

What will make you stand out:

• Prior underwriting experience in international guarantees, bank guarantee instruments or surety bonds
• Completion of an MBA (or equivalent post-graduate degree in related discipline eg. CFA)
• Bilingual (English & French) is a strong asset
• Experience in Continuous Improvement

Eligibility:

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. Internal applicants must also meet EDC’s eligibility criteria for applying to internal opportunities. For more information, please refer to Section 2.1 in the Talent Acquisition Standard, available on LINK under the Resources tab in the Policies & Procedures section.The position is open to those who meet all of the essential requirements stated above and whose applications are received by the closing date.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.

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.

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 qualified candidates may be considered for similar roles at this level within EDC.

EDC recognizes that disclosing the need for accommodations can be a personal matter. Please know that as an organization, we are committed to maintaining confidentiality and ensuring that any accommodations provided are tailored to support your needs. Our aim is to ensure you have a comfortable and positive experience throughout the recruitment process, so please do not hesitate to contact us directly for any accommodation requests at [e-mail]. We are here to support you every step of the way.

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