Application deadline: October 29, 2026
Position: Associate or Senior Associate, Structured and Project Finance
Depending on the selected candidate's qualifications and experience, the successful candidate may be appointed at the Associate or Senior Associate level.
Employment Type: Permanent
Compensation Details: Offered salaries are based on qualifications and experience, and typically range from:
- Associate (Underwriter 16): $74,297 - $99,063, plus a performance-based incentive
- Associate (Underwriter 17): $84,698- $112,931 plus a performance-based incentive
- Senior Associate (Underwriter 18): $96,557 - $128,743, plus a performance-based incentive
Location: - Export Development Canada operates in a hybrid work environment, currently requiring employees to work in the office 3 days per week. (subject to change)
- Associate: This role will be performed from EDC's headquarters in Ottawa.
- Senior Associate: This role is expected to be performed in Ottawa. However, candidates based in Toronto or Montreal may also be considered.
- Relocation assistance is available for candidates who meet the eligibility criteria.
Team Overview:EDC's Structured and Project Finance Team (SPF) is a leader in global project and infrastructure finance, playing a significant role in helping Canada grow and diversify its international trade and build trade-enabling infrastructure in Canada. Since its establishment in 1995, the SPF team has successfully closed over 700 financing transactions globally, totalling more than USD 60 billion. The SPF team also provides thought leadership to internal and government stakeholders on major critical minerals, energy transition, and trade-enabling infrastructure projects.
Project Finance is a specialized field of finance where financing decisions are based on project-specific cash flows and assets. It is widely used across industries such as energy, renewables, mining/critical minerals, transportation infrastructure and digital infrastructure. EDC's project finance counterparties include top-tier international sponsors, exporters, law firms and global project finance and investment banks.
Project Finance Associate Program (PFAP):The Associate and Senior Associate roles provide the opportunity to develop and apply project-finance expertise through hands-on involvement in financial modelling and sensitivity analysis, credit structuring, due diligence, legal documentation, and interactions with clients, sponsors, advisors and co-financiers.
Associates will participate in EDC's Project Finance Associate Program (PFAP), which combines structured learning, mentorship by senior team members, regular feedback and hands-on transaction experience in high-impact projects. The program develops project-finance capabilities in areas such as financial modelling and sensitivity analysis, credit structuring, due diligence, legal documentation, and engagement with clients, sponsors, advisors and co-financiers.
Participation in the program will be tailored to each individual's role, experience and development needs.
What you will be doing:Research, Financial Analysis & Modeling:
- Conducting industry and sector research in relevant industries or regions
- Conducting financial analysis; manipulating and constructing detailed cash flow models
- Benchmarking model assumptions through industry research and competitive analysis of comparable projects
Transaction Execution:
- Supporting due diligence and analyzing complex project finance loan transactions as a member of a deal team
- Preparing portions of the credit package for internal approval
- Participating in the negotiation of transaction documentation with legal counsel and counterparties
Client Engagement & Portfolio Management:
- Engaging professionally with internal and external stakeholders during transaction execution
- Tracking market developments and opportunities, supporting the preparation of financing proposals, conducting market scanning exercises to identify market insights and trends
- Assisting in managing the portfolio throughout the life of transactions
Skills & Competencies:Technical Skills:
- Proficiency in financial modeling and spreadsheet applications
- Ability to source and manipulate data from Bloomberg and Capital IQ
- Knowledge of credit and capital markets
Sectoral & Business Knowledge:
- Understanding of energy, renewables, mining/critical minerals, transportation infrastructure or digital infrastructure sectors
- Familiarity with Canadian and/or international business and banking practices
Interpersonal Skills:
- Strong team player with leadership qualities
- Excellent communication skills in English (written, verbal, presentation)
- Strong negotiation, diplomacy, and persuasion abilities
What we are looking for: - MBA graduate/Master's degree with a focus on finance, international business, or a related field, or equivalent education and related work experience
- Minimum of 2 years (Associate, Underwriter 16), 5 years (Associate, Underwriter 17), or 7 years (Senior Associate, Underwriter 18) of relevant experience, including direct experience executing project finance transactions, or closely comparable experience in structured finance or investment banking
- Relevant experience may include project finance, investment banking or in a finance role within a capital-intensive industry suitable to project financing, such as energy, renewables, mining/critical minerals, transportation infrastructure or digital infrastructure. Candidates should demonstrate experience in financial modelling, credit analysis, transaction structuring, due diligence and legal documentation
What will make you stand out:- Experience advancing project-finance transaction workstreams, reviewing complex financial models, preparing credit recommendations, or engaging directly with sponsors, lenders and advisors
- Enrolment in the CFA program
- Ability to communicate in both French and English, as well as in another language relevant to EDC's international markets
Eligibility:EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Canada
at the time of application (Canadian Citizens or Permanent Residents). Candidates must meet the requisite government security screening requirements. The position is open to those who meet all of the essential requirements stated above and whose applications are received by the closing date.
This position is open to individuals who meet all the essential criteria outlined above and submit their applications by the closing date.
Ready to make a difference? This is your chance to join a dynamic, growing team and leave your mark on our organization, development finance, and the world.
Apply today!
Want to learn more about EDC? Check our website here https://www.edc.ca
