Credit Risk Specialist

1 month ago


Toronto, Ontario, Canada Financeit Full time
About the Role

We are seeking a highly motivated and detail-oriented Bilingual Credit Risk Specialist to join our Risk Management Department. As a key member of our team, you will be responsible for assessing new and existing merchant partners in Canada to ensure credit and fraud risks are minimized and policies are adhered to.

Key Responsibilities
  • Assess potential new merchant partners, reviewing company and business owner/director information to evaluate credit quality and performance.
  • Monitor and evaluate existing merchant partners' behavior and adherence to Financeit's processes, including credit quality, performance, fraud risk, and compliance with consumer lending program parameters.
  • Demonstrate strong credit evaluation and analytical skills, with expertise in assessing commercial and personal credit bureau reports, financial statements, and overall financial performance.
  • Conduct post-funding borrower satisfaction calls to verify merchant adherence to Financeit's lending program requirements and supporting processes.
  • Prepare monthly and quarterly reports on the merchant network, as assigned.
  • Continuously assess existing processes and provide recommendations for improvement.
Requirements
  • Bilingualism in French is required.
  • 2+ years of relevant experience in indirect personal loan finance or a related field.
  • Experience in Home Improvement or Vehicle financing is preferred.
  • Strong credit evaluation and analytical skills, with familiarity in analyzing both commercial and consumer credit bureau reports.
  • Intermediate knowledge of financial statements and cash flow analysis, including key financial ratio calculations.
  • Bachelor's degree in business or a related discipline.
  • Excellent planning, organizing, and time management skills, with the ability to manage multiple competing priorities and meet deadlines.
  • Strong oral and written communication skills.
  • High attention to detail.
  • Fluency in French is preferred.
  • Ability to work effectively in a self-directed, team-oriented environment with minimal supervision.
  • Adaptable with the ability to multi-task and adjust priorities quickly.
  • Proficiency in MS Office and G Suite.
What We Offer
  • Award-winning culture with a collaborative and inclusive team.
  • Competitive pay and performance-based bonus.
  • Committed to flexible work arrangements, offering hybrid workplace options.
  • Comprehensive medical, dental, and vision coverage, plus Lifestyle Account.
  • RRSP Matching and Parental Leave Top-Up Program.
  • In-office massage, meditation, and workout sessions.
  • Virtual events, including Lunch & Learns, company parties, and charity initiatives.
  • Career learning and development programs.


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