Credit Analyst

Employment Status : 6-month Contract/Full-time Permanent

Reporting to : Head and Manager, Credit Risk Management Department

Location : Richmond Hill, Ontario

Responsibilities
Analyzing and evaluating the risks of CRE proposals, reviewing the documents from a legal and compliance perspective, checking the conformity of conditions precedent, and ensuring the perfection of legal documentation prior to loan advance.
Providing an overall risk analysis opinion and recommendation based on the credit rating, credit facility limit, collateral value, facility structure, lending terms, and other conditions, and submitting it to CRMD Head/Manager or another authorized person for verification.
Monitoring and reviewing the approved CRE credit facilities that align with the Bank's credit policy periodically.
Performing other duties assigned by CRMD Head/Manager, such as conducting CRE industry analysis annually.
Reviewing and commenting on the reasonableness of the customer credit rating proposed by business originators and whether the rating scorecard has properly demonstrated the customer rating.
Reviewing and commenting on the reasonableness of the credit limit requested by business originators.
Reviewing the reasonableness of collateral valuation and revaluation, making comments on collateral appraisal reports.
Overseeing post-lending management conducted by business originators.

Requirements
Minimum 5 years of risk management experience in financial industry.
Bachelor's degree in Finance, Economics, Business or other quantitative disciplines.
Solid understanding of risk factors, control methodologies and monitoring tools with hands-on experience with ERM, Basel III and ICAAP.
In-depth knowledge of Canadian Banking and related regulatory requirements.
Strong quantitative, analytical and problem-solving skills.
Strong oral and written communication skill in English.
Chinese language skill is an asset.
FRM,CFA or CPA designation is preferred.

Job Types: Full-time, Permanent, Fixed term contract
Contract length: 6 months

Benefits:
Company pension
Dental care
Disability insurance
Employee assistance program
Extended health care
Life insurance
Tuition reimbursement
Vision care
Schedule:
Day shift
Supplemental pay types:
Bonus pay
Overtime pay

Education:
Bachelor's Degree (preferred)

Experience:
banking industry: 5 years (preferred)
credit analysis: 5 years (preferred)
risk management: 5 years (preferred)

Work Location: In person