Business Analyst - Level 2-Daily

HireTalent; Montreal; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a skilled Credit Risk Analyst to join their team in Montreal. This hybrid role involves conducting comprehensive credit analyses for financial institutions, ensuring effective risk management and governance. You will prepare detailed credit reviews, analyze complex capital market transactions, and collaborate with various departments to enhance credit processes. This position offers a dynamic work environment where your insights will directly influence decision-making. If you're a motivated professional with a passion for finance and a knack for communication, this could be the perfect opportunity for you.

Qualifications

• 5+ years of experience in capital markets or credit risk analysis.
• Self-starter with strong communication skills.

Responsibilities

• Prepare and present annual credit reviews to credit committees.
• Analyze capital markets transactions and coordinate credit risk processes.

Skills

Credit Risk Analysis

Capital Markets Knowledge

Communication Skills

Organizational Skills

Team Collaboration

Education

BS/BA in Finance or Economics

MS, MBA, CFA or FRM

Tools

Microsoft Word

Microsoft Excel

Job description

Credit Risk Analyst
Montreal, QC (Hybrid- 3 days remote, 2 days onsite)
Duration:0-12 month(s)

Team is responsible for completing the credit analysis for financial institutions clients (including due diligence when necessary).

The function covers objective assurance and consulting activity designed to improve an organization operation by evaluating and improving the effectiveness of risk management, control and governance processes. May also be responsible for liaising with the Risk and Compliance functions. This role is found where individuals cover a broad area of responsibilities rather than focusing on one specific role. Responsible for the evaluation and monitoring of a company risk management, control and governance practices, with recommendations for improvement where necessary and best practices. Makes recommendations to Business Unit Owners. Provides detailed feedback to business unit management.

Responsibilities:

• Prepare and present annual credit reviews and new requests to credit committees
  • This process includes comprehensive analysis on the counterparty and comparison with its peers, recommendation of rating using internal rating models, and expression of credit opinion.
• Analyze capital markets and corporate banking transactions with regulated funds and agency principals.
  • Capital markets: derivatives (swaps, foreign exchange, credit and equity derivatives), repo, securities lending, prime services.
  • Corporate banking: import and export trade finance transactions, and syndicated loan participations.
• Coordinate all aspects of the credit risk process in liaison with Coverage, Business, and other Functions.
• Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
• Co-ordinate with Legal Department to execute legal documentation by providing credit-sensitive terms.
• Review all legal documentation during annual review, ensuring all necessary documents are in place (including guarantees) and being familiar with the products covered under ISDA/CSA, PSA/ISMA, and SLMA.
• Work closely with Relationship Managers, Traders, Market Risk, Legal and Operations personnel to structure transactions to mitigate diverse forms of risk.
• Support all business lines credit requests / transactions for the clients.
• Effectively handle multiple tasks and review several files simultaneously through effective prioritization of requests (in conjunction with immediate supervisor) and sound organizational skills.
• Participate to internal exercises to review exposures and ensure data quality for counterparties.
• Keep up to date with industry risks/trends, including credit, regulatory, and legal issues.

Minimum Required Qualifications:

• BS/BA required (with finance or economic background preferred).
• 5+ years’ experience in capital markets or credit risk analysis

• Self-starter and highly motivated to learn about derivatives and other capital markets products.
• Clear communication skills to firmly and confidently express credit decisions & opinions.
• Ability to organize time and meet deadlines/deliver requests on time.
• Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office and clients.
• Proficiency in Word and Excel.

Preferred Qualifications:

• Knowledge in capital markets products and related legal documentation (ISDA, CSA, GMRA...)

• Formal credit training on funds within a financial institution
• MS, MBA, CFA or FRM is a plus