Development Impact Specialist, Development Finance Institute Canada

Montreal, Quebec, Canada
Apply by 24 November 2017
Mid-level , Full-time staff position
Posted on 7 November 2017

Job Description

EDC is Canada’s export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC’s knowledge and partnerships are used by more than 7,400 Canadian companies and their global customers in up to 200 markets worldwide each year. In 2017, EDC has been recognized as a Top 100 Employer and a Top Family-Friendly Employer.

EDC is financially self-sustaining, and is a recognized leader in financial reporting and economic analysis.

Overview

We are establishing a new organization, Development Finance Institute Canada (DFI Canada), to be headquartered in Montreal. DFI Canada is a subsidiary of Export Development Canada. With an initial capitalization of $300 million, DFI Canada will draw upon a range of financing instruments to achieve development objectives by supporting private sector initiatives in developing countries.

The private sector has a key role to play as a main driver of economic growth and development. Development Finance Institutions (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, they do so while remaining financially self-sustaining.

As Canada’s DFI, DFI Canada will complement other tools and programs of Canada’s Development Assistance. As a new entrant, DFI Canada aspires to contribute to the field of development finance with an innovative, collaborative and business-minded approach. Through its action it will generate positive impacts in terms of job creation, women economic empowerment and climate change mitigation.

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

Team & Job Overview

DFI Canada is seeking an experienced Development Impact (DI) Specialist to join our team. The DI Specialist will work as an integral part of a team of professionals that will source, assess and manage financial transactions that meet the organizations priorities and objectives. Other team members include Investment Specialist(s) and Environmental, Social and Governance (ESG) Specialist(s), all reporting to the Director, Investments.

The successful candidate will help build and evolve DFI Canada’s discipline and practices in measuring development impact. The role will be critical in ensuring DFI Canada’s objectives to contribute to job creation, women economic empowerment and climate change mitigation are effectively achieved and appropriately measured. As such, the DI Specialist will need to have a deep understanding of development both at a macro-economic level and at the level of individual businesses. The successful candidate will be a go-to resource for other members of the Development Transaction Team, and will be responsible for DFI Canada’s overall tracking and reporting of its impact.

We are looking for a candidate who is able to grasp the complexity of development impacts while at the same time devising simple and reliable processes and mechanisms to assess and measure them. The successful candidate will provide expert advice to peers as well as to senior management and the Board.

Key Responsibilities

  • The development Impact Specialist is responsible for the overall relevance, evolution and application of DFI Canada’s development impact framework. This may include, inter alia:
    • The oversight of the framework and its alignment with the organization’s strategy
    • Ensuring the methodologies and tools used are well-suited to the desired objectives
    • the development and maintenance of underlying macro-economic models
    • the establishment of technology-based data collection processes;
    • the development of processes and methodologies to ensure an analysis of transactional impacts related to gender and to climate change
  • Develop processes and methodologies to ensure that development impact objectives are fully embedded in the organization’s activities and decision making.
  • Support team members, and provide expert advice to ensure development impact is at the core of transaction development
  • Participate in transactional due diligence with focus on development impacts; assist with the preparation of clear and compelling development impact analyses for transactions, including gender-based analyses.
  • Actively engage with partners and clients to help maximize developmental impacts
  • Prepare reports on development impacts both at the corporate level and at the level of individual transactions
  • Develop feedback systems that will provide relevant data and intelligence to clients, financial partners and to colleagues
  • Provide advice and communication to senior management and the Board of Directors
  • Recommend and lead the post-commitment monitoring and evaluation of developmental impacts,
  • Proposes and contributes to the development of training material for other staff members

Screening Criteria

  • Completed an Undergraduate Degree in Social Sciences or Business Administration with a specialization in International Development, International Affairs, or Finance or in a related field
  • At least seven (7) years of relevant experience
  • Successful experience in designing and implementing results frameworks for private sector activities in developing countries
  • In-depth experience in developing and applying gender-focused initiatives, including gender-based analyses
  • Experience in environmental and social impact measurement
  • Bilingual in both official languages (French and English)

Assets

  • Post-graduate studies
  • Ability to work collaboratively, across multi-disciplinary teams
  • Ability to think broadly about results measurement and its value to the private sector
  • Knowledge of leading international standards for private sector development impact assessment
  • Intermediate-level Spanish
  • A solutions-orientated self-starter with an ability to work collaboratively in a team-based structure
  • Strong writing and business communications skills; ability to convey complex concepts simply
  • Knowledge of specialized technologies, data systems that relate to management information systems of financial sector entities
  • Experience in one or more of the following sectors: Renewable Energy and Climate Finance, Infrastructure, Agri-food Supply Chain, Financial Intermediaries in developing markets
  • Capacity in macro-economic modelling
  • Knowledge of monitoring & evaluation practices
  • Strong network on the development finance / development impact community
  • Experience engaging directly with stakeholders and with public speaking
  • Demonstrated innovation skills and personal agility, acquired in such contexts as: direct involvement in new product development and launch, leadership responsibilities in a startup or high growth organization.

Location

The position is based in Montreal, and will involve travel to Ottawa and internationally.

How to apply

Only candidates selected for an interview will be contacted.

Application deadline: November 24, 2017, 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.

About the Organization

EDC is Canada's export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 7,400 Canadian companies and their global customers in up to 200 markets worldwide each year. In 2017, EDC has been recognized as a Top 100 Employer and a Top Family-Friendly Employer.

EDC is financially self-sustaining, and is a recognized leader in financial reporting and economic analysis.

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