Sustainable Infrastructure and Corporate Director

Job Description

Overview

FinDev Canada, Canada’s bilateral development finance institution, 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 contribute to the economic, social, and environmental progress of emerging markets and developing countries by supporting development through the private sector in a manner consistent with Canada’s international assistance priorities. FinDev Canada provides loans and equity investments, including blended finance solutions, along with technical assistance and knowledge to support private enterprises and mobilize private capital, both domestic and international, in Sub-Saharan Africa and Latin America and the Caribbean aligned with the Sustainable Development Goals and Paris Agreement commitments. We are driven by three strategic impact goals: women’s economic empowerment, climate action, and market development.

Team & Job Overview

FinDev Canada is seeking an experienced Director for a team that will be primarily focused on expanding the Sustainable Infrastructure book of business, which includes debt investments in the Sustainable Energy, Transport and Water subsectors. The Director will also be responsible for the emerging Corporates business, which includes agribusiness, manufacturing and other general corporate financings. The Director, and his/her team, would be responsible for originating, structuring, and managing tailored financial solutions for private sector companies in these sectors and contributing to the sustainable development of developing countries.

As the Director, Sustainable Infrastructure & Corporates, the candidate will need to hire, coach and develop a team that will work together with colleagues in Investments and across the organization in understanding the customer’s needs, structuring solutions which address those needs, assessing credit risk and recommending risk mitigation strategies, as appropriate. The Director and his/her team are expected to maintain and develop excellent client and partner relationships in order to build a robust pipeline of bankable transactions. As part of a new organization, the successful candidate will be expected to play a key role in the evolution and continuous improvement of FinDev Canada’s practices and processes.

Key Responsibilities

• Deliver an annual volume of bankable and impactful transactions.
• Develop and manage relationships with partners and potential clients in emerging markets in order to grow a robust and diverse pipeline of impactful and bankable transactions.
• Develop/implement a strategy for the Sustainable Instructure sector.
• Hire, motivate, train, manage and develop an effective team to grow the Sustainable Infrastructure and Corporates part of FinDev Canada’s portfolio.
• Work closely with internal subject matter experts, such as legal, risk management, environmental and social, development impact, and others, to maintain a wholistic view of each investment while effectively leading and managing the client relationship.
• Maintain and enforce high standards of transaction underwriting. Ensure same high standards are applied to transaction documentation to ensure workability and the accuracy of all financial details and compliance with the FinDev Canada’s policies and procedures. Apply judgement and interpretation to lead the internal approval process.

Screening Criteria

• Minimum 12-15 years of experience in originating, structuring, and managing a portfolio of investments in a development finance institution or a multilateral development bank, which would include relevant leadership and management experience.
• Strong experience in banking, legal and credit and in-depth knowledge of investment banking products including project finance, term loans, revolving loans, trade facilities, syndicated loans, equities, funds, bonds, grants, parallel loans and guarantees.
• Advanced knowledge of structuring/restructuring in commercial lending and equity investments and/or loan portfolio management in developing markets.
• Networking and relationship management skills.
• Excellent problem solving, people and conflict management, communication and presentation skills.
• Master’s Degree with a specialization in Business / Finance / Accounting, or equivalent.
• Fluent in one official language (French and English), with a strong preference for fluency in both official languages and Spanish.

Assets

• Experience working in the field of corporate finance or private sector development finance, in particular a DFI or an MDB.
• Experience working in developing countries.
• Understanding and experience with economic and development issues in developing countries.
• Experience in developing markets in one or more of the following sectors: renewable energy, climate finance, infrastructure, transport, water/sanitation, agribusiness, manufacturing and/or supply chain finance.

Location

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