Credit Risk Expert
7 days ago
Welcome to the Commercial & Private Banking 1859 team, where you will play a key role in shaping the future of financial solutions for our clients. As a Credit Risk Expert, you will be responsible for assessing and mitigating risks associated with commercial credit applications.
Job SummaryThis is an exciting opportunity for a seasoned professional to join our team and contribute to the success of our clients. As a Credit Risk Expert, you will work closely with commercial account managers and other internal stakeholders to analyze financial statements, assess creditworthiness, and develop financing scenarios that meet client needs and align with the Bank's risk criteria.
Responsibilities- Credit Analysis: Perform high-quality credit analyses in accordance with established standards and make recommendations to ensure sound lending practices.
- Structuring Credit Applications: Mitigate risks by developing financing scenarios that meet client needs and align with the Bank's risk criteria.
- Client Needs Assessment: Collaborate with commercial account managers to determine client financing needs and negotiate credit terms and conditions as needed.
- Documentation and Compliance: Produce documents and update client files in collaboration with account representatives and the Credit Risk Management team to ensure efficient processing of credit applications.
- A bachelor's degree in a related field and 6 years of relevant experience, OR a master's degree in a related field and 4 years of relevant experience, OR an undergraduate diploma from the National Bank University Program and 8 years of relevant experience.
- Negotiation experience.
- Experience in commercial credit.
- Experience analyzing financial statements.
- Excellent interpersonal and communication skills with an ability to effectively collaborate with partners and form well-reasoned recommendations.
In addition to competitive compensation, you will be eligible for a wide range of flexible benefits to promote your wellbeing and that of your family.
- Health and wellness program, including many options.
- Flexible group insurance.
- Generous pension plan.
- Employee Share Ownership Plan.
- Employee and Family Assistance Program.
- Preferential banking services.
- Opportunities to get involved in community initiatives.
- Telemedicine service.
- Virtual sleep clinic.
We offer a barrier-free workplace that is accessible to all employees. Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees' ideas and encourage regular feedback and ongoing communication.
The estimated salary for this position is $120,000 - $180,000 per year, depending on experience.
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