Underwriter, CIU (Level 15 to 18) - 315 FR

Application Deadline: 12:00 PM, August 10, 2026

Join the EDC Team!

At EDC, we help Canadian businesses succeed abroad. We provide them with the financial tools and expertise they need to explore new markets and mitigate risks, all with one goal in mind: building a better Canada and world through trade.

Position: Underwriter, Credit Insurance Underwriting (Level 15 to 18)

• Employment Type: Permanent Position
• Compensation Details:

Salaries are determined based on qualifications and experience, and generally fall within the ranges below. EDC also offers a performance bonus.

• Underwriter 15: $65,172 to $86,898
• Underwriter 16: $74,297 to $99,063
• Underwriter 17: $84,698 to $112,931
• Underwriter 18: $96,557 to $128,743

This process will be used to fill current vacancies at levels 16 to 18. It will also be used to build a pool of qualified candidates for positions that may become vacant at level 15. Results may be used to fill vacancies over the next 12 months.

Work Location

• Export Development Canada operates in a hybrid work environment, with a current requirement of two in-office days per week, which will increase to three days per week starting September 2026 (subject to change).
• The selected candidate may work from EDC's headquarters in Ottawa or from one of our community hubs located in Toronto, Montreal, Calgary, Halifax, or Vancouver.
• Relocation assistance is offered to eligible candidates.

*Internal candidates, please consult the Service Now page titled "Internal Moves - What You Need to Know."

About EDC

At Export Development Canada (EDC), we help Canadian businesses succeed abroad. As a financial Crown corporation, EDC offers innovative financial solutions and expert advice to help businesses explore new markets, mitigate risks, and grow.

Why Join EDC?

• Comprehensive Benefits Package: EDC offers a competitive compensation and benefits package, good work-life balance, and the opportunity to contribute to building a better Canada and world through trade.
• Work-Life Balance: EDC offers a competitive compensation and work-life balance package: various hybrid work options, three to four weeks of vacation, a shutdown period, shortened summer Fridays, and meeting-free Fridays.
• Professional Development: Take advantage of our continuous learning opportunities, including training programs, workshops, and language training.
• Inclusive Culture: Join a diverse and inclusive workplace that strives for employment equity and values the diversity of ideas, strengths, and backgrounds to foster success.
• Wellness Programs: We offer wellness initiatives, mental health support, and fitness programs to ensure your health and happiness.
• Community Investment: Participate in volunteer activities and give back through a range of social responsibility programs.
• Team Overview:

EDC's Credit Insurance Underwriting (CIU) team helps Canadian businesses grow and succeed internationally. Working closely with internal and external partners, CIU facilitates international trade by helping our clients protect against the risk of non-payment by foreign businesses.

The Credit Insurance Underwriting team is part of the CIU team and conducts credit risk evaluations on businesses worldwide that enter supply agreements with our clients. The Credit team also manages the same type of requests for our domestic credit insurance partner(s) as an agent for our shared portfolio. Tens of thousands of requests are processed each year, partly manually, with an increasing proportion supported by various models, robotic process automation (RPA), and/or digital workers.

What You Will Do

• Conduct pre-underwriting and necessary analyses to assess the solvency and risk level of a buyer or transaction based on the financial situation and other factors such as the country's economic conditions and payment terms.
• Evaluate new credit applications.
• Analyze and comment on developments surrounding sectors, markets, and portfolios.
• Monitor recognized credit standards to obtain the necessary documents, conduct good credit analyses, and recommend appropriate decisions.
• Prepare credit documents and present recommendations to the relevant approver.
• Proactively share knowledge to provide superior service to sectoral teams, internal partners, and clients.
• Stay informed about general credit insurance underwriting practices.
• Ensure compliance with data integrity rules.
• Continuously bring new improvement ideas to EDC by working closely with colleagues, clients, and key intermediaries. Contribute to ad-hoc projects related to the process and other improvements.
• Depending on your level, manage increasingly complex, autonomous, and visible cases, ranging from supporting routine transactions with advice at level 15, to independently handling standard or moderately complex work at levels 16 and 17, to directing and advising on more complex or irregular transactions at level 18.

What We Are Looking For

• Bachelor's degree in accounting, business administration, finance, or a related field.
• Credit risk management and international trade or related field requirements vary by level:
• + Underwriter 15: Generally, at least 2 years of relevant experience. The candidate has experience in managing routine underwriting or risk management activities with increasing autonomy and can apply established frameworks to common transaction scenarios.
• + Underwriter 16: Generally, 2 to 5 years of relevant experience. The candidate can autonomously manage routine or moderately complex cases, contribute to more complex analyses with guidance, and clearly communicate recommendations.
• + Underwriter 17: Generally, at least 5 years of relevant experience. The candidate has solid experience in underwriting increasingly complex transactions, along with the judgment and confidence to conduct analyses, address challenges, and defend recommendations in broader forums.
• + Underwriter 18: Generally, at least 7 years of relevant experience. The candidate has extensive underwriting expertise and experience with complex, high-risk, or high-visibility transactions, along with the credibility and interpersonal effectiveness needed to influence within the organization and mentor others.
• Knowledge of credit risk management principles and practices.
• Strong experience in reading and interpreting financial statements, along with excellent financial analysis skills.
• Valuable experience in conducting increasingly complex commercial credit transactions across various industries and international markets.

What Will Set You Apart

• Professional designation/designation in progress (CFA, CPA, MBA).
• Proficiency in both official languages (French and English).
• Knowledge of banking credit and lending practices.
• Knowledge of international trade practices and international trade.
• Eligibility:

EDC is committed to fair employment practices and preference will be given to candidates who are able to work legally in Canada at the time of application.