Sr. Credit Analyst

Prism Bank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A financial institution in Toronto is seeking a Senior Credit Analyst to evaluate credit risk and support the lending team. Responsibilities include analyzing financial statements, underwriting loans, and ensuring compliance with banking regulations. Candidates should have a Bachelor's degree in Finance or a related field, along with strong analytical skills and at least three years of credit analysis experience. This is a full-time position offering a dynamic work environment.

Qualifications

• At least 3 years of credit analysis or underwriting experience.
• Professional judgment and knowledge of banking regulations.

Responsibilities

• Analyze borrower financial statements and credit data.
• Prepare recommendations for lending committees.
• Underwrite new loans and monitor covenant compliance.
• Conduct annual loan reviews.

Skills

Strong financial statement analysis

Credit underwriting skills

Excellent written and verbal communication

Organizational abilities

Problem-solving skills

Proficiency in Microsoft Excel

Education

Bachelor’s degree in Finance, Accounting, or related field

Tools

Microsoft Excel

Microsoft Word

Job description

Schedule: Monday–Friday, 8:00 AM–5:00 PM

Overview

The Senior Credit Analyst is responsible for evaluating credit risk in the bank’s loan portfolio and providing analytical support to the lending team, Credit Manager, and Chief Credit Officer. This role prepares credit recommendations, underwrites complex loans, and helps ensure loan quality and compliance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field (required)
• Minimum 3 years of credit analysis / underwriting experience (preferred)

Key Responsibilities

• Analyze borrower financial statements, credit data, and industry information to assess loan risk
• Prepare and present recommendations for lending committees, including loan structure and terms
• Underwrite new loans, renewals, and modifications, monitoring covenant compliance
• Prepare credit memorandums for participations and syndications; communicate with participant banks
• Conduct annual loan reviews and review new loan files for completeness
• Assist with training junior credit analysts and support loan committee activities
• Ensure compliance with all regulations, policies, and internal procedures

Skills and Abilities

• Strong financial statement analysis and credit underwriting skills
• Excellent written and verbal communication; able to present and negotiate effectively
• Strong organizational, problem-solving, and time management abilities
• Proficiency in Microsoft Excel and Word
• Ability to work under pressure and meet deadlines
• Professional judgment and knowledge of banking regulations and lending practices

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance

Industries

• Banking