Underwriter, ITG level 15/16

Export Development Canada; Edmonton; Hybrid; CAD 63,000 - 98,000; Full time

Job summary

Export Development Canada is seeking an Underwriter to support Canadian businesses in international trade. The ideal candidate will manage risk assessments and structure transactions while collaborating with financial institutions. This permanent role offers competitive compensation and the opportunity to impact global communities through sustainable growth.

Benefits

Flexible benefits program

Defined Contribution Pension Plan

Competitive vacation program

Comprehensive wellness programs

Professional Development support

Qualifications

• 2-5 years of experience in underwriting or related financial services.
• Knowledge of financial transaction structuring and bonding principles.
• CFA, CPA designation or enrollment is a plus.

Responsibilities

• Manage a portfolio of Canadian Exporters in delivering financial solutions.
• Assess risks and structure transactions to meet customer needs.
• Collaborate with banks, sureties, and stakeholders for transaction structuring.

Skills

Customer relationship management

Risk assessment

Financial analysis

Education

Undergraduate Degree in Business Administration, Accounting, Finance, Commerce

Job description

Application deadline: June 8th, 2025

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: Underwriter, ITG level 15/16

Employment Type:Permanent

Compensation Details :

• Underwriter 15: Salaries typically range from $63,894 to $85,194 annually, based on qualifications and experiences, plus a performance-based incentive.
• Underwriter 16: Salaries typically range from $72,840 to $97,121 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 office 2 days per week. (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.

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:

EDC International Trade Guarantee (ITG) team is seeking to recruit an Underwriter to become an integral part of our diverse team of dynamic and motivated professionals responsible for delivering bank guarantee and bonding solutions to Canadian Financial Institutions supporting medium sized corporate Canadian customers. Our goal, in collaboration with our internal and external partners, is to deliver value to customers through our unique and versatile suite of solutions. To demonstrate our ability to act as a trusted partner and support our Canadian clients as they go, grow and succeed internationally.

An ITG Underwriter manages a portfolio of Canadian Exporters with the objective of delivering the appropriate bank guarantee and bonding solutions to facilitate international trade. They will be responsible for assessing risks, primarily related to the exporter, and structuring transactions to meet customer needs while satisfying EDC's risk management requirements. The role is customer facing and involves managing transaction through their full lifecycle, including early- stage triage, risk rating, structuring, issuance, and risk management.

We are currently recruiting for a permanent role. This poster may also be used to fulfil future hiring needs (both contract & permanent) over the next 12 months.

Discipline Summary:

• Under guidance, undertakes assigned credit/non-credit risk assessment/validation activities, applying established methods and models to common, defined risks and mitigants.
• Demonstrates strong customer relationship management through engagements with customers and financial partners.
• Under guidance, completes assigned portfolio management activities for conventional obligors/policies/policyholders involving standard, recurring asset management and monitoring activities.
• Interacts and collaborates with domestic and foreign banks, sureties, account managers and customers to clarify the need and to structure the transaction appropriately.
• Under guidance, completes assigned structuring activities such as pricing and documentation for conventional, repeat transactions involving minimal customization. Joins and/or participates in stakeholder discussions with senior colleagues.
• Builds effective working relationships within the internal client organization, delivering high-quality professional services with guidance from senior colleagues.

What you will be doing:

• Develop knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards. Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure.
• Collaborate with Canadian and Foreign Banks, Sureties, EDC Business Development and Customers to develop and maintain key customer relationships and structure a transaction appropriately.
• Implement improvements and provide feedback on them. Use change management systems and protocols to provide routine supportive services.
• Assist with external stakeholder engagement by arranging actions, meetings, events, and supporting materials to promote stakeholder understanding and commitment.
• Build effective working relationships within the internal client organization, delivering high-quality professional services with guidance from senior colleagues.

What we are looking for:

• Undergraduate Degree in Business Administration, Accounting, Finance, Commerce, or other relevant discipline
• 2 years (Underwriter 15) or 2-5 years (Underwriter 16) years of experience in underwriting, or in financial analysis, or related financial services experience
• Knowledge of underwriting and/or financial transaction structuring and /or contract bonding principles and practices

What will make you stand out:

• CFA, CPA designation or enrollment in these programs
• Bilingual in both official languages (French and English)

Eligibility:

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.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 here https://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.