Senior Advisor - Credit Risk

Job Title: Senior Advisor - Credit Risk
Location: Montreal, QC
Duration: 03 months
Hybrid: minimum 3 days per week in office

Role Summary:

· Based in Montreal - minimum 3 days per week in office

· Bilingual (Eng/Fr) candidates preferred. We would accept English-only candidates. Strong English REQUIRED.

· Please submit all client's in English.

· Initial contract term is 3 months, with possible extension into 2027

Credit Risk Analysis and Portfolio Management:

· Analyse qualitative and quantitative data on new/existing counterparties in order to determine and recommend credit rating, credit limit, payment terms and credit solutions for the counterparty.

· Responsible for management of counterparties under assigned portfolio including credit reviews, queries on potential deals/exposures, checks on limits availability, onboarding requests, credit blocks release and credit alerts.

· Management of counterparty relationship together with BU/PG (e.g., onboarding, non-payment/default and/or any credit related events).

· Assess complex transactions in conjunction with BU/PG & functions with an aim to develop appropriate credit solutions and proper credit rights/terms in contracts.

· Responsible for liaising with credit insurers and brokers, other risk teams and functions (e.g. Legal, Finance) to implement credit management measures (e.g., security arrangements, payments terms, credit rights or triggers).

· Collaborate with Sales & Marketing teams on the formulation of solutions to enhance sales value through terms extension while ensuring risks are identified and mitigated.

· Support, advise and partner with Commercial organization in their strategic and operating initiatives to deliver the cash target, margin enhancement and process efficiencies to the Group.

Credit Monitoring and Reporting:

· Monitor assigned portfolio daily using available tools/resources/market intelligence and promptly highlight any adverse credit news within the portfolio and provide early risk alert of credit events.

· Maintain close communication with BU/PG to gain a deep understanding of portfolio, in particular risk factors for the respective industry and counterparties.

· Monitor BU/PG adherence to credit limits and report all credit control breaches.

· Prepare, review and validate credit management reports including sales forecasts, credit exposure, AR aging and excess monitoring as needed by RT, credit insurers and banks.

· Ensure credit processes maintain consistency with relevant governance framework and documents and/or reporting process are in place.

· Prepare presentations for credit committees and insightful analytics/tools for the businesses.

Credit Risk Systems and Credit Risk Projects:

· Utilization of various credit risk and accounting systems for credit risk management and administration (e.g., SAP, S&P CIQ).

· Lead and drive standardization and automation of credit related processes and continual improvements for the Credit Risk function.

· Initiate and participate in credit risks system enhancement and reporting needs (e.g., Credit dashboard, Excess reporting)

· Participate or lead in cross functional / BU / PG projects where required.

To be successfully considered for this role, you will have:

· Degree in business studies and/or finance accounting. A post graduate degree (MBA, CPA, CFA or equivalent) and strong quantitative skills would be advantageous.

· Minimum of 5 years of relevant experience (gained as Credit Risk / Financial Analyst) in commodity trading or metals & mining environment.

· Working knowledge of trade finance solutions, trade credit insurance and parental/corporate guarantees.

· Strong portfolio, analytical and financial analysis skills with ability to communicate final credit decisions and recommendations, both in writing and verbally.

· Team player, mature and able to work independently with minimal supervision and very strong stakeholder management skills.

· Strong PC skills, Advanced Excel and working experience with SAP, S&P CIQ. Python programming and Power BI skill a plus.