Senior Advisor - Credit Risk

eTeam; Montreal; Hybrid; CAD 90,000 - 120,000; Full time

Job summary

eTeam, based in Montreal, seeks a Senior Advisor - Credit Risk to lead qualitative and quantitative analysis to determine credit ratings, limits and terms for counterparties. You will collaborate with Sales, Legal and Finance to implement credit solutions and mitigate risk.

The role covers daily portfolio monitoring, reporting, and cross-functional projects, requiring a degree in business/finance and 5+ years in credit risk or financial analysis within metals/mining contexts.

Qualifications

• Minimum 5 years in Credit Risk or Financial Analysis.
• Experience in commodity trading or metals & mining is preferred.
• Strong communication and stakeholder management skills.

Responsibilities

• Assess credit ratings, limits and terms for new/existing counterparties.
• Manage portfolios: reviews, onboarding, credit blocks, alerts.
• Collaborate with BU/PG, Legal and Finance on credit measures.
• Monitor credit exposures and prepare management reports.
• Lead or participate in cross-functional credit risk projects.

Skills

Analytical skills

Financial analysis

Stakeholder management

Excel proficiency

Education

Business/Finance degree

Tools

SAP

S&P CIQ

Python

Power BI

Excel

Job description

Job Title: Senior Advisor - Credit Risk
Location: Montreal, QC
Duration: 12 months
Hybrid Schedule: 3 Days onsite and 2 days remote

About the Role

• Based in Montreal - minimum 3 days per week in office
• We would accept English-only candidates.
• Initial contract term is 12 months, with possible extension

Credit Risk Analysis and Portfolio Management:

• Analyse qualitative and quantitative data on new/existing counterparties in order to determine and recommend credit rating, credit limit, payment terms and credit solutions for the counterparty.
• Responsible for management of counterparties under assigned portfolio including credit reviews, queries on potential deals/exposures, checks on limits availability, onboarding requests, credit blocks release and credit alerts.
• Management of counterparty relationship together with BU/PG (e.g., onboarding, non-payment/default and/or any credit related events).
• Assess complex transactions in conjunction with BU/PG & functions with an aim to develop appropriate credit solutions and proper credit rights/terms in contracts.
• Responsible for liaising with credit insurers and brokers, other risk teams and functions (e.g. Legal, Finance) to implement credit management measures (e.g., security arrangements, payments terms, credit rights or triggers).
• Collaborate with Sales & Marketing teams on the formulation of solutions to enhance sales value through terms extension while ensuring risks are identified and mitigated.
• Support, advise and partner with Commercial organization in their strategic and operating initiatives to deliver the cash target, margin enhancement and process efficiencies to the Group.

Credit Monitoring and Reporting:

• Monitor assigned portfolio daily using available tools/resources/market intelligence and promptly highlight any adverse credit news within the portfolio and provide early risk alert of credit events.
• Maintain close communication with BU/PG to gain a deep understanding of portfolio, in particular risk factors for the respective industry and counterparties.
• Monitor BU/PG adherence to credit limits and report all credit control breaches.
• Prepare, review and validate credit management reports including sales forecasts, credit exposure, AR aging and excess monitoring as needed by RT, credit insurers and banks.
• Ensure credit processes maintain consistency with relevant governance framework and documents and/or reporting process are in place.
• Prepare presentations for credit committees and insightful analytics/tools for the businesses.

Credit Risk Systems and Credit Risk Projects:

• Utilization of various credit risk and accounting systems for credit risk management and administration (e.g., SAP, S&P CIQ).
• Lead and drive standardization and automation of credit related processes and continual improvements for the Credit Risk function.
• Initiate and participate in credit risks system enhancement and reporting needs (e.g., Credit dashboard, Excess reporting)
• Participate or lead in cross functional / BU / PG projects where required.

About you:

To be successfully considered for this role, you will have:

• Degree in business studies and/or finance accounting. A post graduate degree (MBA, CPA, CFA or equivalent) and strong quantitative skills would be advantageous.
• Minimum of 5 years of relevant experience (gained as Credit Risk / Financial Analyst) in commodity trading or metals & mining environment.
• Working knowledge of trade finance solutions, trade credit insurance and parental/corporate guarantees.
• Strong portfolio, analytical and financial analysis skills with ability to communicate final credit decisions and recommendations, both in writing and verbally.
• Team player, mature and able to work independently with minimal supervision and very strong stakeholder management skills.
• Strong PC skills, Advanced Excel and working experience with SAP, S&P CIQ. Python programming and Power BI skill a plus.