Credit Risk Associate

Stafflink; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading company in the banking sector is seeking a Credit Risk Associate for a 12-month contract. The role involves analyzing credit risk data, preparing reports, and supporting risk management initiatives. Ideal candidates will have a degree in finance, 2-3 years of relevant experience, and strong analytical skills.

Qualifications

• 2–3 years of experience in credit risk or related field in financial services.
• Familiarity with Canadian financial regulations is a plus.

Responsibilities

• Analyze credit risk data and assess portfolio quality.
• Support stress testing and evaluate credit portfolio performance.
• Assist with regular credit risk reports and improve risk policies.

Skills

Data Analysis

Problem-solving

Communication skills

Detail-oriented

Organizational skills

Education

Degree in finance, economics, business, or a related field

Master’s or certification like FRM / CFA (asset)

Tools

SQL

Python

Power BI

Bloomberg

Excel

Job description

Job Type : 12-month contract, with a possibility for extension / conversion

Industry : Banking

We are partnering with a Schedule III Bank to hire a Credit Risk Associate to support their Risk Management team. This is a great opportunity for someone with 2–3 years of experience in credit risk who is looking to grow their expertise in portfolio oversight, risk reporting, and policy enhancement within a collaborative and fast-paced environment.

Key Responsibilities :

1. Analyze credit risk data and assess portfolio quality, trends, and concentration risk.
2. Support stress testing and scenario analysis to evaluate how the credit portfolio would perform under different economic conditions.
3. Assist with regular credit risk reports, track key metrics and indicators, and contribute to annual risk appetite reviews.
4. Help improve risk policies and procedures to align with regulatory standards and industry best practices.
5. Prepare reports and presentations for internal teams and regulatory bodies as needed.
6. Stay current with market trends and evolving risks in the financial services sector.

What You Bring :

• A degree in finance, economics, business, or a related field (a master’s or certification like FRM / CFA is an asset).
• 2–3 years of experience in credit risk or a related field in financial services.
• Strong data analysis and problem-solving skills.
• Strong skills in Excel and hands-on experience with tools such as SQL, Python, Power BI, or Bloomberg.
• Strong written and verbal communication skills.
• Detail-oriented, organized, and able to manage multiple priorities.
• Familiarity with Canadian financial regulations is a plus.