Credit Risk Analyst Toronto

Convera Holdings, LLC.; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A global leader in commercial payments is seeking a Credit Risk Analyst in Toronto. This role involves analyzing credit risk applications of new clients and assessing existing customers' credit terms. The ideal candidate will have experience in credit risk, a bachelor's degree, and strong analytical skills. The position offers a hybrid work model with opportunities for career growth in an innovative environment.

Benefits

Opportunity to earn a performance bonus

Flexible work approach

Career growth opportunities

Qualifications

• Minimum of 2 years experience as a loan officer or credit analyst.
• Ability to work to tight deadlines.
• Strong financial analysis skills.
• Excellent communication skills.
• Ability to make sound decisions promptly.

Responsibilities

• Perform credit risk assessments of new clients.
• Ensure high standards for credit assessment.
• Assist with project work and reporting.
• Provide customer service to internal and external parties.

Skills

Commercial credit risk experience

Organizational skills

Financial Statement interpretation

Computer literacy (Word and Excel)

Proficiency in financial software

Written and verbal communication

Timely decision making

Report writing accuracy

Cooperation with others

Time management

Interpersonal skills

Education

Bachelor’s degree in finance, Economics, Accounting, Business Administration

Job description

Overview

The Credit Risk Underwriting Team at Convera is responsible for the analysis, processing and timely approval of credit risk applications. The Credit Risk Analyst will undertake credit assessments of new clients and review existing customers to establish / assess the provision of acceptable credit terms in accordance with Convera’s Credit risk Policy. The Credit Risk Analyst will ensure all new business cases are reviewed and customer service provided is to a high standard for internal and external parties. This team is essential to the management and allocation of credit and is core to the success of our front office teams.

Responsibilities

• Provide written credit risk assessment of new clients in a timely manner and within established SLAs.
• Ensure a high standard of written credit assessment.
• Assist with ad hoc project works as directed by the Credit Manager.
• Assist with reporting requirements as directed by the Credit Manager.
• Ensure high standard of customer service to internal and external parties.

Required Qualifications

• Previous commercial credit risk experience gained looking at corporates and SMEs as a loan officer or credit analyst (minimum of 2 years).
• Good organizational skills with ability to work to tight deadlines.
• Strong understanding of and ability to interpret Financial Statements.
• Computer literacy (intermediate skills in Word and Excel).
• Proficiency in financial software and statistical analysis tools.
• Excellent written and verbal communication skills.
• The ability to make sound decisions in a timely manner after systematically considering all possible outcomes.
• Ensure that report writing is accurate, diligent and analytically thorough to justify personal decision making or proposals to final Credit Risk Approvers.
• Willingness and ability to work cooperatively with others and across functions towards a common objective.
• Exemplary time management skills.
• Strong interpersonal skills and ability to liaise with all levels (Dealers and Senior Management).
• Bachelor’s degree in finance, Economics, Accounting, Business Administration, or a related field.

Preferred Qualifications

• Experience with FX hedging risk or global markets is preferred.
• Fluency in French highly desired.

About Convera

Convera is a global leader in commercial payments that powers international business by moving money with ease. We provide tech-led payment solutions to help more than 26,000 customers globally grow with confidence, from small businesses to CFOs and treasurers. As experts in foreign exchange, risk and compliance, with an unrivaled regulatory footprint, Convera’s financial network spans more than 140 currencies and 200 countries and territories.

Our teams care deeply about the value we deliver to our customers, which makes Convera a rewarding place to work. This is an exciting time for our organization as we expand our team with growth-minded, results-oriented people who are looking to move fast in an innovative environment.

As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.

We offer an abundance of competitive perks and benefits including:

• Opportunity to earn a bonus (dependent on performance)
• A flexible approach to work (This role will be Hybrid- 3 days a week in our Toronto office)
• Great career growth and development opportunities in a global organization

Apply now!

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