Director, Execution

The federal Indigenous Loan Guarantee Program (ILGP) move Indigenous economic reconciliation from discussion to action. This historic initiative facilitates participation in economic prosperity a reality for Indigenous Peoples in Canada. It helps remove historical barriers to inclusion in the economy while creating new possibilities for maximizing growth that will benefit the entire country. The economic success of Indigenous Peoples is the success of all Canadians.
To advance Indigenous economic reconciliation for Canada meaningfully, the opportunity must be given to Indigenous groups to become leaders and equity partners in these projects. The ILGP will reduce the cost of capital for Indigenous groups across the country and support their ability to raise capital to invest in, and become commercial partners in, major projects across a diverse sector base.
Canada Development Investment Corporation (CDEV) is delivering ILGP through its wholly owned subsidiary company, Canada Indigenous Loan Guarantee Corporation (CILGC).
About CDEV
CDEV advances economic prosperity for Canada by delivering financial and commercial expertise to the Government of Canada. A self-sustaining Crown corporation since 1982, and reporting to Parliament through the Minister of Finance CDEV is the federal government’s trusted advisor and active asset manager of more than $75billionin strategic assets through eight wholly owned subsidiaries. Operating at arm’s length and at the speed of business, CDEV is regularly called upon to advise on and execute critical financial transactions, support priority policy objectives, and maximize the value of corporate assets in Canada’s best interest.
Certified as a “Great Place to Work Canada,” CDEV is a collaborative, high-performing, experienced and commercially focused organization that provides critical support to CILGC.
About CILGC
CILGC is a wholly owned subsidiary of CDEV established in December 2024. CILGC is responsible for:
conducting outreach and engagement with Indigenous groups;
screening and prioritizing applications;
reviewing, analysing and diligencing prioritised applications;
negotiating, issuing and administering loan guarantees; and
monitoring and managing the portfolio of loan guarantees.
CILGC engages with applicants to refine proposals and ensure they meet rigorous standards of financial and commercial viability and align with the program’s objectives. With the recent hiring of its inaugural CEO, CILGC is continuing to build out its team of dedicated staff, whilst CDEV will maintain its provision of support, including due diligence, portfolio management, governance, communications, and other corporate functions, as needed.

Position Overview  CILGC is hiring a Director to join its high-performing team of experienced execution professionals. This person will report to the Chief Financial Officer and will be expected to work across the CILGC management team. The person will be responsible for leading day to day execution activities for eligible and prioritized ILGP applications. This will include working with other CDEV / CILGC specialists and advisors in the end to end management of loan guarantee execution through diligence and negotiation to financial close.

The selected candidate will ideally be based in either Toronto or Ottawa, both currently with a hybrid work option. However, highly skilled and suitably experienced candidates based elsewhere in Canada may be considered as well.
Responsibilities   Support the CILGC project execution team in the management of loan guarantee applications, including working closely alongside and overseeing key advisors, such as investment banks, management consultants and lawyers; often operating in a day-to-day project leadership capacity; ensure the relevant CILGC project sponsor and CEO are appropriately updated and consulted.
Support the continued roll out and operationalisation of the expanded Indigenous Loan Guarantee program with CILGC management, as required.
Oversee and, if needed, conduct research and financial analysis related to the CILGC guarantee portfolio; ongoing transactions and projects; and key sector trends.
Oversee and, if…