Credit Analyst - Business Banking

BMO; Mississauga; On-site; CAD 54,000 - 102,000; Full time

Job summary

An established industry player is seeking a skilled Credit Analyst for their Business Banking division. In this pivotal role, you will perform in-depth credit analysis to assess financial health and risk for various portfolios. Your expertise will guide lending decisions and ensure compliance with regulatory standards. This position offers a dynamic work environment where you will collaborate with stakeholders, analyze data, and contribute to strategic initiatives. If you are passionate about finance and eager to make a significant impact, this opportunity is perfect for you.

Qualifications

• 4-6 years of relevant experience in credit analysis.
• Deep understanding of business banking products and credit policies.

Responsibilities

• Conduct comprehensive client credit analysis and assess financial health.
• Make credit decisions and advise on lending processes.
• Develop operational programs and maintain data governance.

Skills

Credit Analysis

Lending Expertise

Data Analysis

Communication Skills

Decision-Making

Education

Post-Secondary Degree

Job description

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Responsibilities:

• Perform ongoing comprehensive client credit analysis for assigned portfolios to assess financial health and credit risk.
• Apply lending expertise to various stages of the lending process, including underwriting, funding, and monitoring.
• Make credit decisions or advise relationship managers in compliance with policies and regulations.
• Support strategic initiatives, analyze data, and provide insights and recommendations.
• Coordinate database management and ensure data governance standards.
• Lead or participate in change management and communication plans.
• Develop operational programs, deliver timely service, and maintain confidentiality and security standards.
• Build relationships with stakeholders, analyze lending applications, and develop risk profiles.
• Monitor performance, prepare reports, and ensure compliance with policies and regulations.

Qualifications:

• Typically 4-6 years of relevant experience with a post-secondary degree or equivalent.
• Deep understanding of business banking products, lending, credit policies, and legal/regulatory requirements.
• Strong communication, collaboration, analytical, and decision-making skills.

Salary: $54,500.00 - $101,500.00

Employment Type: Salaried, full-time.

For more details on benefits and company info, visit our website.