IT Asset Management Risk & Control Analyst

alltechconsultingservices; Montreal (administrative region); On-site; CAD 112,000 - 149,000; Full time

Job summary

Alltech Consulting Services in Montreal is hiring for a credit risk analyst to prepare annual credit reviews and new credit requests for committees. You will analyze counterparties, compare with peers, and express credit opinions using internal models.

Role involves coordinating risk processes with Coverage, Business, and other functions, and reviewing legal documentation under ISDA/CSA, PSA/ISMA, and SLMA. Collaboration with RM, traders, and Legal is essential.

Qualifications

• BS/BA required with finance or economics background.
• Minimum 1 year of capital markets or credit risk analysis.
• Self-starter and highly motivated to learn derivatives and capital markets products.
• Clear communication to firmly and confidently express credit decisions and opinions.
• Ability to organize time and meet deadlines/deliver requests on time.
• Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office, and clients.
• Proficiency in Word and Excel.

Responsibilities

• Prepare and present annual credit reviews and new requests to credit committees.
• Conduct comprehensive analysis on the counterparty and compare with peers, recommend ratings using internal models, and express credit opinions.
• Analyze capital markets and corporate banking transactions with regulated funds and agency principals.
• Coordinate all aspects of the credit risk process in liaison with Coverage, Business, and other Functions.
• Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
• Coordinate with the Legal Department to execute legal documentation by providing credit-sensitive terms.
• Review all legal documentation during annual review, ensuring all necessary documents are in place and being familiar with the products covered under ISDA/CSA, PSA/ISMA, and SLMA.
• Work closely with Relationship Managers, Traders, Market Risk, Legal, and Operations personnel to structure transactions to mitigate diverse forms of risk.
• Support all business lines credit requests/transactions for the company’s clients.
• Effectively handle multiple tasks and review several files simultaneously through effective prioritization and sound organizational skills.
• Participate in internal exercises to review exposures and ensure data quality for counterparties.
• Stay updated with industry risks/trends, including credit, regulatory, and legal issues.

Skills

Capital markets

Credit risk analysis

Derivatives knowledge

Communication skills

Time management

Team collaboration

Education

BS/BA in finance or economics

Tools

Word

Excel

Job description

This role is for an existing vacancy. Prepare and present annual credit reviews and new requests to credit committees. Conduct comprehensive analysis on the counterparty and compare with peers, recommend ratings using internal models, and express credit opinions.

CA$112,006.00–CA$149,341.00 yearly

Full-time +1

• Prepare and present annual credit reviews and new requests to credit committees.
• Conduct comprehensive analysis on the counterparty and compare with peers, recommend ratings using internal models, and express credit opinions.
• Analyze capital markets and corporate banking transactions with regulated funds and agency principals.
• Coordinate all aspects of the credit risk process in liaison with Coverage, Business, and other Functions.
• Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
• Coordinate with the Legal Department to execute legal documentation by providing credit-sensitive terms.
• Review all legal documentation during annual review, ensuring all necessary documents are in place and being familiar with the products covered under ISDA/CSA, PSA/ISMA, and SLMA.
• Work closely with Relationship Managers, Traders, Market Risk, Legal, and Operations personnel to structure transactions to mitigate diverse forms of risk.
• Support all business lines credit requests/transactions for the company’s clients.
• Effectively handle multiple tasks and review several files simultaneously through effective prioritization and sound organizational skills.
• Participate in internal exercises to review exposures and ensure data quality for counterparties.
• Stay updated with industry risks/trends, including credit, regulatory, and legal issues.

Requirements

• BS/BA required (with finance or economic background preferred).
• Minimum 1 year of experience in capital markets or credit risk analysis.
• Self-starter and highly motivated to learn about derivatives and other capital markets products.
• Clear communication skills to firmly and confidently express credit decisions and opinions.
• Ability to organize time and meet deadlines/deliver requests on time.
• Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office, and clients.
• Proficiency in Word and Excel.

Preferred Skills

• Knowledge in capital markets products and related legal documentation (ISDA, CSA, GMRA, etc.).
• Formal credit training on funds within a financial institution.