Risk Underwriter, CIU (level 15 - 18) - 315 EN
$65.17k - $86.9k per yearExport Development Canada | Exportation et développement Canada
Application deadline: 12:00 pm ET on August 10, 2026
Join the EDC Team!
At EDC, we support Canadian businesses to succeed globally. We provide the financial tools and expertise they need to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade.
Position: Risk Underwriter, Credit Insurance Underwriting (level 16 - 18)
Employment Type: Permanent
Compensation Details: Salaries are based on qualifications and experience, and typically range as set out below. EDC also offers a performance-based incentive.
- Underwriter level 15: $65,172 - $86,898
- Underwriter level 16: $74,297 - $99,063
- Underwriter level 17: $84,698 – $112,931
- Underwriter level 18: $96,557 - $128,743
This competition will be used to fill current vacancies from level 16 to 18. It will also be used to establish a pool of qualified candidates for anticipated vacancies at level 15. Results may be used to staff vacancies arising over the next 12 months.
Location:
- Export Development Canada operates in a hybrid work environment, with a current requirement of two days per week increasing to three days per week in September 2026 (subject to change).
- This role can be performed from EDC’s headquarters in Ottawa or from one of our Community Hubs located in Toronto, Montreal, Calgary, Halifax, or Vancouver.
- Relocation assistance is available for candidates who meet the eligibility criteria for permanent roles only.
Internal Employees, please consult the ServiceNow article entitled Internal movements – what you need to know.
About EDC:
At Export Development Canada (EDC), we empower Canadian businesses to succeed globally. As a financial Crown corporation, we offer innovative financial solutions and expert insights to help businesses explore new markets, mitigate risks, and achieve growth.
Why Join EDC?
- Comprehensive Benefits: EDC offers a competitive compensation & benefits package, work-life balance, & the opportunity to help make Canada and the world better through trade.
- Work-Life Balance: EDC offers a competitive compensation package & work-life balance. We have hybrid work options, 3 to 4 weeks paid vacation, a corporate closure period, summer early Friday’s & no meeting Fridays.
- Professional Development: Take advantage of our continuous learning opportunities, including training programs, workshops and language training.
- Inclusive Culture: Be part of a diverse and inclusive workplace that champions employment equity & values diversity of ideas, strengths, & backgrounds to succeed.
- Wellness Programs: Access to wellness initiatives, mental health support, and fitness programs to keep you healthy and happy.
- Community Engagement: Participate in volunteer opportunities and give back to the community through our various social responsibility programs.
Team Overview:
EDC’s Credit Insurance Underwriting (CIU) Team assists Canadian companies go, grow and succeed internationally. Working in close collaboration with both internal and external partners, CIU facilitates international trade by helping our customers protect themselves against the risk of non-payment from foreign companies.
Risk Underwriting is part of the CIU Team and performs credit risk assessments on companies worldwide who enter into supply agreements with our customers. Risk Underwriting also manages the above for our domestic credit insurance partner(s) as their Agent for our joint book of business. Tens of thousands of requests are treated every year, in part manually and a growing proportion with the support of various models, RPAs and digital workers.
What you will be doing:
- 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.
- Analyses and comments on sector, market and portfolio developments.
- 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.
- Depending on your level, manage files of increasing complexity, autonomy, and visibility—from supporting routine transactions with guidance at levels 15, to independently handling standard to moderately complex work at level 16 and 17, to leading and advising on more complex or irregular transactions at level 18.
What we are looking for:
- Undergraduate Degree in Accounting, Business Administration, Finance or other related disciplines.
- Experience in credit risk management and international trade or related fields as follows:
- Underwriter 15: Typically 2+ years of relevant experience. You bring experience managing routine underwriting or risk-related work with growing independence and can apply established frameworks to common transaction scenarios.
- Underwriter 16: Typically 2–5 years of relevant experience. You can independently manage routine to moderately complex files, contribute to more complex analyses with guidance, and communicate recommendations clearly.
- Underwriter 17: Typically 5+ years of relevant experience. You bring strong underwriting experience handling increasingly complex transactions, with the judgment and confidence to lead analyses, navigate challenge, and defend recommendations in broader forums.
- Underwriter 18: Typically 7+ years of relevant experience. You bring deep underwriting expertise and experience with complex, high-risk, or high-visibility transactions, along with the credibility and interpersonal effectiveness to influence across the organization and coach others.
- Knowledge of credit risk management principles and practices.
- Solid experience reading and interpreting financial statements with strong financial analysis skills.
- Significant experience leading the successful completion of increasingly complex commercial credit transactions across a variety of industry sectors and\or international markets.
What will make you stand out:
- Professional designation/candidacy (CFA, CPA, MBA).
- Bilingual in both official languages (French and English).
- Knowledge of bank credit and lending practices.
- Knowledge of international business practices and international trade.
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
EDC's Commitment to Employment Equity
Ex port Development Canada (EDC) is dedicated to fostering employment equity and building a diverse workforce. We are committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds, and abilities. At EDC, we nurture a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves.
We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.
Your application must clearly demonstrate how you meet all the requirements. We thank all applicants' interest in a career at EDC; however, only those selected for an interview will be contacted. Please note that qualified candidates may be considered for similar roles at this level within EDC.
Should you require any accommodation during the recruitment and selection process, please contact the Recruitment team at View email address on apply.workable.com .
Privacy Notice
By applying for this job you acknowledge that you have read and understood EDC’s Privacy Notice for Job Applicants , which outlines how we collect, use, retain, and safeguard personal information during the recruitment process, as well as your rights of access and correction.
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