Director, Credit Authorization

1 month ago


Montréal QC, Canada EDC Full time

**Posting Date**: Nov 15, 2024, 2:04:23 PM

**Primary Location**: Quebec-Montreal

**Job Type**: Permanent

**Schedule**: Full-time

**Overview**

Are you ready to advance your career while impacting change in emerging markets?

We are looking for a Director to lead our Credit Authorization Team.

Welcome to **FinDev Canada**, Canada’s development financial institution We are looking for talented professionals to join our growing organization. At FinDev Canada, we are guided by our mandate and the opportunity to positively impact climate and nature action, gender equality and market development. We drive sustainable development by working with and through the private sector.

This is your opportunity to join a growing, dynamic team and leave your mark on our organization, on development finance, and on the world at large.

**Team**: Credit Authorization (as part of the Risk Management Group)

**Reports to**: Chief Risk Officer

**Employment Type**: Permanent

**Salary**:$144,156 to $192,208 annually + performance-based incentive

**Why you’ll love working here**:

- **Impactful Work** - At FinDev Canada, we are committed to promoting sustainable and inclusive growth in emerging markets and developing economies. Your work here will make a real difference, contributing to meaningful projects that have a lasting impact on communities around the world.
- **Your Colleagues** - Join a diverse and talented team that brings a wealth of experience, knowledge, and passion to everything we do.
- **Collaborative Culture****:

- Collaboration is at the heart of our success. At FinDev Canada, we believe that working together not only enhances our business but also strengthens our ability to achieve our mission. Our culture is built on mutual support and teamwork, ensuring that we collectively drive our mandate and strategy forward.
- **Perks and Benefits** - Our Total Rewards offering goes beyond just a paycheck. We provide a comprehensive package designed to meet the diverse needs and life stages of our employees.

**Position & Team Overview**:
The Credit Authorization Team at FinDev Canada actively manages financial and non-financial risks, balancing customer solutions with financial sustainability.

As the Director of Credit Authorization, reporting to the Chief Risk Officer (CRO), you will lead the development and execution of credit authorization strategies that ensure financial sustainability while maximizing our development impact. You will be at the forefront of managing financial and non-financial risks, balancing customer solutions with our rigorous risk management standards.

In this pivotal role, you will forge strategic partnerships with internal and external stakeholders, ensuring that we leverage every opportunity to support high-impact projects. Your oversight will be crucial in authorizing complex transactions and evolving our credit practices to align with our mission.

In this role, you will build and lead a diverse team, fostering a culture of technical excellence and precision. Your strong business judgment, diplomatic skills, and ability to manage multiple demands will be key to your success. Overseeing the Credit Authorization Team, you will ensure that resources are utilized efficiently and effectively to achieve our goals. Your leadership will be instrumental in maintaining and developing excellent internal partner relationships, supporting the growth of FinDev Canada’s portfolio, and delivering timely and insightful advice to the business.

**What you’ll be doing**:

- **Team Leadership & Management**: Lead and guide the Credit Authorization Team, ensuring alignment with FinDev Canada’s mandate. You’ll be responsible for hiring, motivating, training, and developing a high-performing team.
- **Risk Analysis & Surveillance**:Lead deep dives into risk assessments prepared by various parties, ensuring thorough credit surveillance and precise risk quantification for each transaction.
- **Independent Review & Authorization**:Take charge of reviewing, assessing, and authorizing complex transaction proposals. Balance credit risks, policy issues, and commercial needs across diverse product lines.
- **Valuation & Risk Mitigation**: Provide expert opinions on the valuation and quality of risk mitigants and security structures, with a keen understanding of the unique characteristics of FinDev Canada’s product lines and industrial sectors.
- **Transaction Summaries & Recommendations**: Oversee the creation of independent, critical transaction authorization summaries and recommendations. Your expertise will drive informed decision-making processes that align with our strategic goals.
- **Risk Management Expertise**:Share your extensive knowledge of risk management and credit structuring with your team and business partners. Guide them on deal structures, credit risk acceptability, policy interpretation, and the authorization process, fostering a culture of excellence and innovation.
- **Decisio



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