Investment Officer or Lead Investment Officer

Job Description

Posting Date: Feb 21, 2022, 11:03:12 AM

Primary Location: Quebec-Montreal

Job Type: Permanent

Schedule: Full-time

Canada’s development finance institution (“DFI”), operating as FinDev Canada, was established in January 2018. Headquartered in Montreal, FinDev Canada is a subsidiary of Export Development Canada (“EDC”), Canada’s export credit agency. FinDev Canada’s mandate is to provide a range of financing solutions, including debt, equity and guarantees, to achieve clear development objectives by supporting private sector companies in developing market countries in Latin America, the Caribbean and Sub-Saharan Africa.

The private sector plays a key role as a driver of economic growth and development, and DFIs are critical instruments to facilitate and optimize the contribution of private investment to economic and social development. While remaining financially self-sustaining, DFIs respond to the specific challenges faced by companies operating in developing countries to access to the finance necessary to grow their businesses.

FinDev Canada aspires to contribute to the field of private sector development finance with an innovative, collaborative and business-minded approach. Through its actions, it seeks to generate positive impacts in terms of job creation, climate change mitigation and women’s 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 help build FinDev Canada into a successful, ground-breaking organization whose activities will contribute to changing people’s lives in developing countries.

The position is located in Montreal and will involve travel to Ottawa.

Team & Job Overview

FinDev Canada is seeking an experienced Investment Officer and a 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 candidates 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 development finance, 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.

Screening Criteria

• Minimum 7 years of experience (Investment Officer) 12 years of experience (Lead Investment Officer) in financial services
• Recent experience structuring/restructuring in commercial lending and equity investments and/or loan portfolio management in developing markets, preferably 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
• Networking and relationship management skills
• Knowledge of and commitment to sustainable development
• Master’s Degree with a specialization in Business / Finance / Accounting, or equivalent
• Bilingualism in both official languages (French and English). However, in the event a qualified bilingual candidate is not found, a qualified unilingual candidate will be considered. Both bilingual and unilingual candidates are encouraged to apply.

Assets

• Experience working in developing countries, preferably in Latin America, the Caribbean, and/or Sub-Saharan Africa
• 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
• Fluent Spanish

Salary ranges

• Investment Officer: $124,800 - $187,300, plus performance-based incentive
• Lead Investment Officer: $146,500 - $219,700, plus performance-based incentive

Location

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

We intend to use this candidate pool to fill openings in 2022.

Please note that EDC will be following a mandatory vaccination policy.

How to apply

Only candidates selected for an interview will be contacted. Application deadline on www.edc.ca/careers : June 3, 2022, 12:59:00 AM 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.