Credit Risk Analyst

HireTalent - Staffing & Recruiting Firm; Montreal; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a skilled Credit Risk Analyst to join their dynamic team. This role involves preparing credit reviews, analyzing capital markets transactions, and collaborating with various teams to mitigate risks. The ideal candidate will have a strong background in capital markets, excellent communication skills, and a proactive approach to learning about derivatives. This position offers a fantastic opportunity to contribute to critical financial decisions in a collaborative environment while staying updated on industry trends and regulations.

Qualifications

• 5+ years of experience in capital markets or credit risk analysis.
• Strong communication skills to articulate credit decisions.

Responsibilities

• Prepare and present annual credit reviews to credit committees.
• Conduct analysis on counterparties and recommend ratings.
• Manage corporate banking transactions including trade finance.

Skills

Credit Risk Analysis

Capital Markets Knowledge

Communication Skills

Organizational Skills

Team Collaboration

Education

Bachelor's Degree in Finance or Economics

Tools

Microsoft Word

Microsoft Excel

Job description

Job Responsibilities

1. Prepare and present annual credit reviews and new requests to credit committees.
2. Conduct comprehensive analysis on counterparties, compare with peers, and recommend ratings using internal models, expressing clear credit opinions.
3. Analyze capital markets and corporate banking transactions involving regulated funds and agency principals.
4. Handle capital markets products such as derivatives (swaps, foreign exchange, credit, and equity derivatives), repos, securities lending, and prime services.
5. Manage corporate banking transactions including import/export trade finance and syndicated loan participations.
6. Coordinate all aspects of the credit risk process collaboratively with Coverage, Business, and other functions.
7. Review excesses in counterparty credit exposure reported by the Credit Risk Control team.
8. Work with Legal Department to execute legal documentation, ensuring credit-sensitive terms are included.
9. Review legal documentation during annual reviews, confirming all necessary documents (including guarantees) are in place and familiarizing with products covered under ISDA/CSA, PSA/ISMA, and SLMA.
10. Collaborate with Relationship Managers, Traders, Market Risk, Legal, and Operations teams to structure transactions that mitigate various risks.
11. Support credit requests and transactions across all business lines for clients.
12. Manage multiple tasks effectively, prioritizing requests and maintaining organizational efficiency.
13. Participate in internal exercises to review exposures and ensure data quality for counterparties.
14. Stay updated on industry risks and trends, including credit, regulatory, and legal issues.

Minimum Required Qualifications

• Bachelor’s degree (preferably in finance or economics).
• At least 5 years of experience in capital markets or credit risk analysis.
• Motivated self-starter eager to learn about derivatives and capital markets products.
• Strong communication skills to confidently articulate credit decisions and opinions.
• Excellent organizational skills to meet deadlines and manage workload.
• Ability to work collaboratively within a team environment, interacting with credit analysts, relationship managers, front office, and clients.
• Proficiency in Word and Excel.

Preferred Qualifications

• Knowledge of capital markets products and related legal documentation (e.g., ISDA, CSA, GMRA).
• Formal credit training, especially related to funds within a financial institution.