Senior Credit Analyst

Industrial and Commercial Bank of China (Canada); Richmond Hill; On-site; CAD 80,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Credit Analyst to join their dynamic team. This pivotal role involves assessing and analyzing the creditworthiness of borrowers, ensuring compliance with regulations, and providing recommendations to mitigate risks. You will conduct in-depth reviews of credit applications, collaborate with various stakeholders, and contribute to the development of credit policies. If you possess strong analytical skills, a keen attention to detail, and a passion for finance, this opportunity offers a chance to make a significant impact in a supportive environment focused on professional growth.

Qualifications

• 5-10 years of experience in credit review or risk management.
• Strong knowledge of lending principles and regulatory requirements.

Responsibilities

• Conduct detailed credit reviews and assess borrower creditworthiness.
• Ensure compliance with internal policies and regulatory guidelines.
• Monitor credit portfolio and prepare reports on risk trends.

Skills

Credit Risk Assessment

Financial Statement Analysis

Analytical Skills

Problem-Solving

Communication Skills

Education

Bachelor's Degree in Finance

Master's Degree in Finance

Job description

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Reports To: Head of Credit Risk Management Department

Employment Type: 6-month Contract / Full-time Permanent

Job Summary:

The Senior Credit Analyst is responsible for assessing, analyzing, and monitoring the creditworthiness of borrowers to ensure sound lending decisions and regulatory compliance. This role involves conducting in-depth credit reviews, evaluating risk exposure, ensuring adherence to internal policies and external regulations, and providing recommendations to mitigate credit risks.

Key Responsibilities:

1. Credit Review and Risk Assessment

• Conduct independent and detailed reviews of credit applications, financial statements, and supporting documents.
• Assess borrower creditworthiness, repayment capacity, and industry risk exposure.
• Analyze financial ratios, cash flow, and collateral adequacy to determine credit risk.
• Identify early warning signals and provide recommendations for risk mitigation.

2. Compliance and Policy Adherence

• Ensure all credit approvals comply with internal policies, regulatory guidelines, and risk management frameworks.
• Assist in developing and updating credit policies and procedures based on regulatory changes.

3. Portfolio Monitoring and Reporting

• Continuously monitor the credit portfolio, identifying potential deterioration in loan quality.
• Conduct stress testing and scenario analysis to evaluate portfolio risk exposure.
• Prepare detailed reports on credit risk trends, key findings, and recommendations for management.

4. Stakeholder Coordination and Decision Support

• Collaborate with relationship managers, credit analysts, and risk teams to ensure effective risk assessment.
• Provide expert guidance on complex credit transactions and high-risk exposures.
• Participate in credit committees and provide recommendations on loan approvals and risk strategies.

Qualifications:

• Bachelor or Master degree in Finance, Accounting, Economics, or a related field;
• At least 5-10 years of experience in credit review, loan underwriting, or risk management in large local bank, preferably in multiple sectors experience such as commercial real estate, mining and energy, transportation, wholesale or syndicated loan;
• Strong knowledge of financial statement analysis, credit risk assessment, and lending principles;
• Familiarity with regulatory requirements (e.g., Basel III, IFRS 9, local banking regulations);
• Excellent analytical and problem-solving abilities;
• Strong attention to detail and risk awareness;
• Effective communication and stakeholder management skills;
• Ability to work under pressure and make sound credit decisions;
• Excellent verbal and written communication skills in English with work proficiency.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

• Industries

  Banking

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