Credit Risk & Underwriting Analyst

BMO Insurance; Toronto; On-site; CAD 55,000 - 115,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Insurance is seeking a Credit Risk Analyst in Toronto, Canada, to support end-to-end underwriting, coordinate with stakeholders, and prepare high-quality credit memoranda for approvals. The role emphasizes financial analysis, documentation control, and governance across credit workflows.

The position requires 1-3 years in credit or related fields, strong Excel/Office skills, and a degree in finance or a related discipline. Join a team focused on portfolio growth and regulatory compliance.

Qualifications

• Undergraduate degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
• 1-3 years of experience in commercial banking, credit analysis, underwriting, loan administration, risk management, or financial services.
• Exposure to commercial lending, corporate banking, private credit, or credit adjudication processes is preferred.

Responsibilities

• Support the underwriting of new credit names to support investments of fixed income products.
• Gather, organize, and analyze company information, financial information, ratings reports, and other due diligence information.
• Conduct preliminary credit analysis, including review of financial statements and borrower metrics.
• Draft and prepare comprehensive credit memoranda and approval packages for submission to Credit Risk.
• Coordinate with business partners to ensure information is obtained in a timely manner.
• Ensure accuracy and completeness of credit documentation.

Skills

Financial analysis

Analytical thinking

Stakeholder management

Effective communication

Education

Undergraduate finance/economics

Tools

Excel

PowerPoint

Word

Job description

BMO Insurance is seeking a Credit Risk Analyst in Toronto, Canada, to support end-to-end underwriting, coordinate with stakeholders, and prepare high-quality credit memoranda for approvals. The role emphasizes financial analysis, documentation control, and governance across credit workflows.

The position requires 1-3 years in credit or related fields, strong Excel/Office skills, and a degree in finance or a related discipline. Join a team focused on portfolio growth and regulatory compliance.