Project 51

Project Name

SPF Underwriting Re-engineering – POLARIS Enhancement release 1

Client

Export Development Canada , Structured and Project Finance Group

Duration

May 2018 to March 2019 [11 Months]

The Structured and Project Finance (SPF) Group is an integral part of the Corporation’s strategy to maintain a CAD 1.5 billion annual net income stream. It has been and continues to be on a growth path. The group focuses on two broad types of transactions:

1-      Large Scale Greenfield Project Financing – complex, customized, long lead time transactions.

2-      Structured Brownfield/Greenfield Infrastructure Financing – complex, tighter turnaround transactions that nonetheless require significant due diligence review (e.g. M&A transactions, PPP’s).

Significant business growth and structural re-organization changes in recent years has caused the SPF group to run above full capacity (red) on a semi-consistent basis. To support EDC 2020 growth targets, the SPF Group needs to free up capacity within the team by processing transactions (Origination & Asset Management) more effectively or efficiently.

The focus of this mandate is to lead the business representative to identify, prioritize, define their functional business requirement to provide clear direction for the development of additional enhancement functionality to POLARIS in the context of an Agile project management model.

POLARIS is an end-to-end Underwriting and Asset Management platform that was delivered in a previous assignment (mandate 49). This collaborative platform is allowing underwriter to collaborate and validate coherence of their analysis in real-time as they are performing in parallel concurrently activities related to either due diligence analysis, executing sensitivity test against a financial modeling and/or assessing risk rating score.

The goal of this short mandate was to assist all the team members composed of project manager, developers, business analysts, testers and SPF team memberd (end-user) to defined their functional business requirements. The key challenge of this assignment wad to full leverage existing configurable functions and also introduce additional functionalities that will not compromised the intial design principles of POLARIS.

·       Primary role is to work with business team in effort to define and refine business requirements and processes to support 2019 Polaris changes.

·       Additionally, supporting new business team leads in terms of coaching and mentoring to be equip them to handle Polaris business lead role into the future

·       Applying Agile software development to project management processes throughout the project’s lifecycle to achieve quality, budget and schedule targets.

·       Developing and presenting to the project committee a project plans that details how the project will be implemented.

·       Developing, maintaining, and monitoring the project risk management plan.

·       Developing and tracking project metrics such as key performance indicators to ensure satisfactory progress of project.·

·       Delivery of POLARIS – Release 1 enhancement on time and on budget.

·       Reporting progress of the project on an ongoing basis and at scheduled points in the project life cycle.

·       Defining project parameters such as project scope, timeline, integration, quality, risk, and cost within the project charter.

·       Producing project documents including a) Project implementation plans; and b) Project charters

Sven List

Vice-President

Structured and Project Finance Group

Export Development Canada

(613) 598-6872 | SList@edc.ca

150 Slater Street, Ottawa, Ontario | KIA 1K3

Carl Burlock

Senior Vice President

Financing & International Growth Capital

Export Development Canada

(613) 598-3087 – 1754 | CBurlock@edc.ca

150 Slater Street, Ottawa, Ontario | KIA 1K3

Technological platform leverage during this mandate