Credit Risk Analyst (Asset Managers/Regulated Funds)

Summary:

• Location: Montreal, QC
• This role is for an existing vacancy.

Responsibilities:

• Prepare and present annual credit reviews and new requests to credit committees.
• Conduct comprehensive analysis on the counterparty and compare with peers, recommend ratings using internal models, and express credit opinions.
• Analyze capital markets and corporate banking transactions with regulated funds and agency principals.
• Coordinate all aspects of the credit risk process in liaison with Coverage, Business, and other Functions.
• Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
• Coordinate with the Legal Department to execute legal documentation by providing credit-sensitive terms.
• Review all legal documentation during annual review, ensuring all necessary documents are in place and being familiar with the products covered under ISDA/CSA, PSA/ISMA, and SLMA.
• Work closely with Relationship Managers, Traders, Market Risk, Legal, and Operations personnel to structure transactions to mitigate diverse forms of risk.
• Support all business lines credit requests/transactions for the company’s clients.
• Effectively handle multiple tasks and review several files simultaneously through effective prioritization and sound organizational skills.
• Participate in internal exercises to review exposures and ensure data quality for counterparties.
• Stay updated with industry risks/trends, including credit, regulatory, and legal issues.

Requirements:

• BS/BA required (with finance or economic background preferred).
• Minimum 1 year of experience in capital markets or credit risk analysis.
• Self-starter and highly motivated to learn about derivatives and other capital markets products.
• Clear communication skills to firmly and confidently express credit decisions and opinions.
• Ability to organize time and meet deadlines/deliver requests on time.
• Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office, and clients.
• Proficiency in Word and Excel.

Preferred Skills:

• Knowledge in capital markets products and related legal documentation (ISDA, CSA, GMRA, etc.).
• Formal credit training on funds within a financial institution.
• MS, MBA, CFA, or FRM is a plus.