Job Title: Credit Risk Analyst (Asset Managers/Regulated Funds)

Location: Montreal, QC

Duration: 12+ Months

Pay Range: C$28 to C$32

Introduction

Financial Institutions Coverage (FIC) is a global coverage group specializing in the Financial Institutions sector. FIC aims to build long-term relationships with key clients and gain insight into client strategy and targets to provide original and integrated ideas and solutions.

Within FIC, the FIC Credit Team is responsible for completing the credit analysis for financial institutions clients (including due diligence when necessary). In particular, the Team ensures that credit analysis and recommendations are provided in due time for Banks, Insurances, Sovereign, Brokers, other non-banks financial institutions, pensions funds, funds, hedge funds, regulated funds, funds of hedge funds, agency arrangements and asset managers.

The Credit Team performs credit analysis and provides credit recommendations on their respective perimeter to Credit Committees, Transaction Approval Committees when the credit opinion on a specific counterparty is required, other RISK entities, Business Units or functions in response to general enquiries, Portfolio review committees.

Required Skills & Qualifications

- BS/BA required (with finance or economic background preferred).
- 1-3 years’ 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 & opinions.
- Ability to organize time and meet deadlines/deliver requests on time.
- Ability to work in a team workplace: interacting with other credit analysts, relationship managers, front office and clients.
- Proficiency in Word and Excel.





Preferred Skills & Qualifications

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

Day-to-Day Responsibilities

- Prepare and present annual credit reviews and new requests to credit committees, including comprehensive analysis on the counterparty and comparison with its peers, recommendation of rating using internal rating models, and expression of credit opinion.
- Analyze capital markets and corporate banking transactions with regulated funds and agency principals, including derivatives and trade finance transactions.
- 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.
- Co-ordinate with 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 clients.
- Effectively handle multiple tasks and review several files simultaneously through effective prioritization of requests and sound organizational skills.
- Participate in internal exercises to review exposures and ensure data quality for counterparties.
- Keep up to date with industry risks/trends, including credit, regulatory, and legal issues.

For immediate consideration please click APPLY to begin the screening process with Alex.

📌 Credit Risk Analyst (Asset Managers/Regulated Funds) (Montreal)
🏢 Artech
📍 Montreal