Credit Analyst - SMB (hybrid)

Moneris; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading company in the payment industry is seeking a Credit Risk Analyst to manage SMB merchant credit risk. The role involves underwriting assessments, collaborating with sales and product teams, and ensuring compliance with credit regulations. The ideal candidate will have a degree in Business, Accounting, or Finance, along with relevant experience. This position offers a hybrid work schedule and comprehensive benefits from day one.

Benefits

Comprehensive rewards including bonuses

RRSP matching & pension plan

Unlimited Coursera access

Employee Assistance programs

Company-wide paid year-end closure

Qualifications

• Up to 3 years of relevant experience.
• Experience reviewing credit reports and financial statements.
• Experience in the payment industry is an asset.

Responsibilities

• Perform credit-based analysis on prospective and existing merchants.
• Conduct post-review of merchants needing a line increase.
• Analyze personal, business, and financial information.

Skills

Communication

Analytical Skills

Attention to Detail

Organizational Skills

Time Management

Education

Bachelor’s Degree in Business, Accounting, or Finance

Tools

Microsoft Windows

Microsoft Applications

Job description

Your Moneris Career - The Opportunity

Credit Risk Management maintains the Moneris SMB merchant portfolio within risk appetite regarding merchant Credit risk. You will ensure Moneris delivers on its SMB merchant underwriting (origination) due diligence program. This includes underwriting following Moneris’s enterprise risk sensitivity that balances merchant experience and credit risk.

You will work with Moneris company partners and customers such as Sales and Product teams to collaborate on managing credit risk, customer experience, and business growth/distribution.

Location: You will be based in our Toronto office and will work in a hybrid schedule.

Reporting Relationship: You will report to the Manager, Credit - SMB.

Your Moneris Career - What you'll do

You will perform various forms of credit-based analysis on prospective and existing merchants and provide customer service on all credit-related issues.

1. Apply appropriate underwriting criteria to all merchant applications following established credit policies to ensure financial risk is minimized.

2. Conduct post-review of merchants needing a line increase or flagged by fraud processes, especially concerning processing volume or transaction size.

3. Perform credit risk assessments of high-risk merchants, including understanding their business profile to ensure compliance with credit, fraud, card association regulations, and legal matters.

4. Analyze personal, business, and financial information.

5. Collaborate with internal staff and external sources for credit training, fraud detection, and monitoring activities.

6. Assist with complex merchant setups requiring explanations of specific credit policies and decisions.

7. Work with Moneris Fraud Group to monitor activity of high-risk merchants.

8. Provide backup and support to other analysts concerning SMB credit processes, special projects, vacation relief, and peak volume periods.

Your Moneris Career - What you bring

• Up to 3 years of relevant experience

• Bachelor’s Degree or equivalent in Business, Accounting, or Finance

• Equivalent work experience may be considered

• Experience reviewing credit reports and financial statements

• Experience in the payment industry is an asset

• Proficiency in Microsoft Windows and Applications

• Excellent communication skills

Nice-to-have...

• Strong analytical skills and attention to detail

• Excellent organizational and time management skills

• Ability to think creatively and demonstrate business acumen

Your Moneris Career - What you get

• Comprehensive rewards including bonuses, benefits from day one, and a choice between health spending or personal spending accounts

• RRSP matching & pension plan

• Learning resources including unlimited Coursera access and educational assistance

• Well-being programs including Employee Assistance, virtual healthcare, wellness events, and a supportive culture

• Commitment to Diversity, Equity, and Inclusion initiatives, including employee groups, mentorship, and educational resources

• Company-wide paid year-end closure and personal days off

Learn more about benefits at Moneris.com/careers

#LI-Hybrid

#OTH-IND

We welcome applications from Indigenous peoples, people of colour, those with disabilities, and individuals of all genders, sexual orientations, and identities. We encourage candidates to share their transferable experiences and how these will support their success in this role in the application form.