Risk Analyst - Ottawa, Canada - EDC

EDC

Verified Company

Ottawa, Canada

4 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Risk Analyst ( Level 2-3) L

Posting Date:
Feb 6, 2023, 10:35:16 AM

Primary Location:
Ontario-Ottawa

Job Type:
Permanent

Schedule:
Full-time

EDC is Canada's export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business.

We take on risk so Canadian businesses can take on the world.

When you join our team, you'll be helping Canadian companies bring their vision, passion and innovation to the global marketplace.

Your knowledge and expertise will support more than 25,000 Canadian companies and their customers in as many as 200 markets worldwide.

You'll work shoulder-to-shoulder with the best and brightest in an inclusive, collaborative environment that fosters professional development and success.

And you'll know that you're making a difference every day—for companies, for Canada and for the people you work with.

Year after year, EDC has been recognized as a Top 100 and Top Family-Friendly Employer. #LI-Hybrid

Team & Job Overview

The Risk Assessment & Portfolio Management (RAPM) team monitors the Insurance portfolio, performing independent credit risk assessment and portfolio management and ensuring that appropriate action is taken when the credit risk of a company is no longer considered acceptable.

RAPM participates in the ongoing review of the Insurance group's credit granting and credit surveillance standards and its policies and procedures for risk acceptance.

We are looking for dynamic and motivated credit professionals to manage a portfolio of buyers, performing independent credit and financial risk assessment to assess the commercial risk acceptance and repayment capabilities of these companies, in support of our Insurance program.

Discipline Summary

Minimizes financial risk to the organization by assessing and advising on creditworthiness of prospective and existing buyers of Canadian exporters
Performs periodic reviews to ensure transparency regarding the company risk profile
Analyses and comments on market and portfolio developments
Works in collaboration with Business Teams and other internal partners to manage the credit insurance portfolio
Liaises with buyers, banks, information providers and other entities to assess credit issues

Key Responsibilities

Conducts due diligence and necessary analysis to establish the creditworthiness and risk level of the buyer and/or transactions based on the financial review of the buyer as well as the assessment of other factors such as country economic conditions, payment terms etc.
Assesses and evaluates requests for new credit
Implements timely surveillance and monitoring of buyer portfolio to ensure files are uptodate and minimizes credit granting turnaround times
Consistently adheres to acceptable credit standards to ensure appropriate documentation, credit analysis and recommended decisions
Prepares credit material and presents recommendations to appropriate DOA
Proactively shares knowledge to provide superior service to the Business Teams, internal partners, and customers
Learns about general credit insurance underwriting practices
Ensures discipline around data integrity
Able to generate new continuous improvement ideas for EDC by working closely with colleagues, customers, and key intermediaries. Contributes to ad hoc projects related to process and other improvements

Screening Criteria

Undergraduate Degree in Accounting, Business Administration, Finance or other related disciplines
Minimum 2 years of experience (level 2) 5 years (level 3) in credit risk management and international trade or related fields
Knowledge of credit risk management principles and practices

Assets

Bilingual in both official languages (French and English)
Knowledge of bank credit and lending practices
Knowledge of international business practices and international trade

Salary Range

Risk Analyst, level 2: $66,000 $99,000 + performancebased incentive
Risk Analyst, level 3: $78,000 $117,000 + performancebased incentive

Location

Please be advised that this position is based at our Head Office in Ottawa or could be performed at a regional EDC hub in Eastern Standard Time (EST) workings hours.

**How to apply