Sr. Credit Analyst

ADP; Montreal; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading financial services provider is seeking a Credit Analyst in Montreal. The role involves overseeing the entire credit lifecycle of clients, making informed credit decisions, and ensuring compliance with regulatory requirements. Key responsibilities include providing independent credit analysis, leading KYC processes, and interacting with senior sales teams. Ideal candidates will have 2+ years in credit risk, strong financial analysis skills, and experience with KYC/AML regulations.

Qualifications

• 2+ years of experience in a Credit Risk environment.
• Solid understanding of Credit & Risk Assessment.
• Experience in analyzing financial statements.
• KYC/AML experience within Financial Services.

Responsibilities

• Oversee the credit lifecycle for clients.
• Provide credit analysis and make decisions.
• Lead development of KYC screening processes.
• Monitor predictive risk scores and trends.

Skills

Credit Risk Analysis

Financial Statement Analysis

KYC/AML Compliance

Job description

The Credit Analyst is an integral member of the Finance team for the ES Canada business. This role helps oversee the entire credit lifecycle of a client, making decisions from the on-boarding process through to monitoring accounts on an ongoing basis.

Essential functions include providing independent credit analysis and making credit decisions within assigned authority for new and existing client risk relationships while ensuring compliance with internal guidelines and policies.

In addition, this role will be leading the development of KYC screening process for new and existing clients ensuring compliance with all applicable regulatory requirements.

Key Accountabilities

Operations & BPI

• Work on identifying areas for process improvements along with developing, maintaining and implementing process solutions for the Credit Risk team
• Monitor client base for changes in predictive risk scores; identify trends that may impact ADP negatively.

Case Resolution

• Ensure all case management and documentation is accurate and in accordance with preset SLAs. Review and oversight on use of current ADP CRM Tool.
• Assist in the management of entire credit lifecycle of clients
• Lead in delivering and performing historical trend and ratio analysis, assess cash flow, industry risks and any other risk factors to provide risk assessments and recommended actions
• Assist on escalations from Sales, Banking, Implementation and Service Delivery; provide directions while ensuring compliance with ADP Canada Credit Risk Policy and Risk Matrix Business Initiatives.

Relationship Management

• Interact with Senior Sales Leaders, District Managers and Sales Representatives to gather information relative to a customer being analyzed including communication of credit decisions

Risk Management

• Establish Funding terms and Risk Tiers for all new and existing clients
• Perform enhanced due diligence reviews as it pertains to KYC/AML regulatory requirements for all clients
• Help develop a credit pre-screening matrix for new client sales orders to identify any credit concerns prior to implementation
• Monitor client base for changes in predictive risk scores; identify trends that may impact ADP negatively.

Qualifications

• 2 + years working experience in a Credit Risk environment
• Solid understanding of Credit & Risk Assessment
• Superior knowledge and experience in analyzing financial statements
• KYC/AML experience within Financial Services industry