Lead Investment Officer - FinDev Canada

EDC - Montréal, QC (30+ days ago)

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Lead Investment Officer - FinDev Canada-0002S9

Description

Overview

In January 2018, a new Canadian Development Finance Institution (“DFI”), operating as FinDev Canada, was established. Headquartered in Montreal, Quebec, Canada, FinDev Canada is a subsidiary of Export Development Canada (“EDC”), which operates as Canada’s export credit agency, whose mandate is distinct from that of FinDev Canada. Canada’s new DFI provides a range of financing solutions including debt, equity and guarantees to achieve clear development objectives by supporting private sector companies in emerging market countries in Latin America, the Caribbean and Sub-Sahara Africa.

The private sector has a key role to play as it is a fundamental driver of economic growth and development, and DFIs are critical instruments to facilitate and optimize the contribution of private investment to development. They respond to the specific challenges faced by companies operating in developing countries in getting access to the finance necessary to grow their business and they do so while remaining financially self-sustaining.

As a new entrant, FinDev Canada aspires to contribute to the field of private sector development finance with an innovative, collaborative and business-minded approach. Through its action, it will seek to generate positive impacts in terms of job creation, climate change mitigation and women economic empowerment, in a manner consistent with Canada’s international development mandate.

This is a unique opportunity to join a small but growing team of highly talented professionals whose mission is to originate and turn a project into a successful, ground breaking organization whose activities will contribute to changing people’s lives in developing countries.

Team & Job Overview

FinDev Canada is seeking an experienced Lead Investment Officer to join our new team and contribute to the successful operation of FinDev Canada. The Lead Investment Officer will work as an integral part of a team of professionals that will source, assess and manage financial transactions.

The successful candidate will originate, structure and deliver tailored financial solutions to private sector companies and projects that contribute to the sustainable development of developing countries and to FinDev Canada's strategic objectives of job creation, women economic empowerment and climate change mitigation.

We are looking to identify a candidate with experience in commercial credit analysis, structuring, documentation and transaction management who is committed to the principles of sustainable development. The candidate will be relied upon to understand the customer’s needs, structure solutions which address those needs, assess the credit risk and recommend risk mitigation strategies as appropriate to achieve the optimal balance between development impact and FinDev Canada’s business requirements. The role will work closely with Development Impact and Environmental, Social and Governance specialists to ensure that transactions achieve FinDev Canada’s objectives.

As part of a new organization, the successful candidate will play a role in the evolution and continuous improvement of FinDev Canada’s practices and processes.

Key Responsibilities

Identifies, creates and develops new business opportunities with both current and potential clients and partners

Builds and maintains strong relationships with clients, banking and DFI/multilateral partners to develop high quality, specific business opportunities

Independently leads/or advises on proportionate share of complex transactions / customer portfolios

Assesses / mitigates transaction risks

Determines financial eligibility of customers, borrowers and other counter parties and drafts and/or reviews documents to deliver products

Formulates pricing/term strategy reflective of risk and market conditions and contributes to the negotiation strategy

Recommends and/or approves transactions within specified parameters, policies and guidelines

Guides customer engagement and negotiation strategy

Actively manages a portfolio of customers / transactions; maintains effective relationships with clients and partners; monitors risks; recommends options for the mitigation of risks and for the optimal support to customers.

With the assistance of Asset Management Officer(s)/Associate(s)/Analyst(s), coordinate the asset management functions carried out by each transaction team, including: delivering periodic portfolio reporting to committees, monitoring overall portfolio covenant compliance and reporting, and, providing guidance with waivers, amendments and consents.

With the assistance of Asset Management Officer(s)/Associate(s)/Analyst(s), coordinate the implementation of systems, processes and guidelines to manage FinDev Canada’s investment portfolio.

Qualifications

Screening Criteria

Minimum 12 years of experience in financial services
Advanced knowledge of structuring/restructuring in commercial lending and equity investments and/or loan portfolio management in developing markets
Networking and relationship management skills
Knowledge of and commitment to sustainable development
Master’s Degree with a specialization in Business / Finance / Accounting, or equivalent
Bilingual in both official languages (French and English)

Assets

Experience working in the field of corporate finance or private sector development finance, in a DFI a Multilateral Development Bank, or other similar development-focused financial institution. Experience working in developing countries
Understanding and experience with economic and development issues in developing countries
Experience in one or more of the following sectors: Renewable energy and Climate Finance, Infrastructure, Agri-food supply chain, Financial Intermediaries in developing markets
Intermediate-level Spanish

Location

The position is based in Montreal and will involve travel to Ottawa and internationally. Relocation assistance is available for eligible candidates.

How to apply

Only candidates selected for an interview will be contacted.

Application deadline: May 1, 2020, 11:59 p.m. EST on www.edc.ca/careers

EDC is committed to employment equity and actively encourages applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation.

Candidates must meet the requisite government security screening requirements.

Primary Location: Canada-Montreal
Schedule: Full-time
Job Type: Permanent