Sr. Credit Analyst

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

Job summary

A global provider of cloud-based solutions is seeking a Credit Analyst to manage the entire credit lifecycle for clients. This role involves providing independent credit analysis, ensuring compliance with internal guidelines, and leading KYC processes. Candidates should have over 2 years of experience in a Credit Risk environment, a solid understanding of risk assessment, and strong financial analysis skills. This position is based in Toronto, Ontario, and promotes a commitment to diversity and ethical standards.

Qualifications

• 2+ years 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.

Responsibilities

• Oversee the entire credit lifecycle of a client.
• Provide independent credit analysis and make credit decisions.
• Lead the development of KYC screening process for compliance.
• Monitor client base for changes in predictive risk scores.

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

A little about ADP

We are a comprehensive global provider of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax and benefits administration and a leader in business outsourcing services, analytics, and compliance expertise. We believe our people make all the difference in cultivating a down-to-earth culture that embraces our core values, welcomes ideas, encourages innovation, and values belonging. We've received recognition for our work by many esteemed organizations, learn more at ADP Awards and Recognition (https://www.adp.com/about-adp/awards-and-recognition.aspx) .

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP

ADP is committed to an inclusive, diverse and equitable workplace, and is further committed to providing equal employment opportunities regardless of any protected characteristic including: race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, protected veteran status or disability. Hiring decisions are based upon ADP’s operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, and job performance.

Ethics at ADP

ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.