Risk Rating Specialist

We are seeking eight highly focused and detail-oriented Risk Rating Specialists to join a critical financial operations team. This role is essential for supporting various commercial banking and lending units across the organization by ensuring the accurate calculation of Borrower Risk Ratings (BRR).This is a 100% back-office, non-customer-facing role within a high-volume production environment, focused entirely on operational excellence and quality control. Initial training is intensive, requiring two weeks of mandatory, full-time onsite classroom training.Fixed Schedule: You will be assigned a fixed shift, either 9:00 AM – 5:00 PM or 11:00 AM – 7:00 PM (to be determined by the manager).Hybrid Model: The role requires four days in the office per week (downtown Toronto) and one work-from-home day per week.Training is fully onsite AdvantagesThis position offers exceptional exposure for finance professionals seeking to deepen their technical and operational expertise:In-Depth Financial Exposure: Gain exposure to varying levels of quality and complexity in business financial statements across a wide range of industries.Specialized Risk Training: Develop hands-on experience with model-based risk rating application and master the financial statement input standards necessary to generate an accurate risk rating.Career Growth: This is a contract role with a high potential for extension and conversion to a permanent position.Supportive Culture: Join an inclusive, supportive, positive, and friendly team environment.ResponsibilitiesThe successful candidate will be responsible for applying complex accounting rules to financial data within a specialized risk rating model. Performance will be measured strictly against daily productivity targets for both quantity and quality.Financial Statement Analysis: Use a combination of Generally Accepted Accounting Principles (GAAP), financial statement notes, and internal guidelines to accurately interpret and input values from private company financial statements (Balance Sheet, Income Statement, and Statement of Cash Flow) into the Risk Rating model.Risk Rating Generation: Generate a BRR (Borrower Risk Rating) calculation for each request based on the inputs and business financial data provided.Adjustment Application: Apply requested financial adjustments and produce a revised set of financial statements and the corresponding updated BRR rating.Consolidation Expertise: Understand and execute the elimination of intercompany transactions to accurately combine financial statements from multiple related entities.Operational Excellence: Manage a high-volume queue effectively, maintain rigorous attention to detail, and support the Manager, Risk Rating, in other assigned duties.QualificationsTechnical & Educational RequirementsEducation: Minimum requirement is a post-secondary degree; a Commerce or Business Administration degree is mandatory, with a specialization in Accounting or Finance strongly preferred.Financial Literacy: Demonstrated ability to read, comprehend, and interpret business financial statements (including audited, review engagement, and notice to reader formats).GAAP Knowledge: Working knowledge of GAAP principles is required.Prior Experience: Some experience working in an accounting or finance-related role is a must-have.Software: Working knowledge of Microsoft Outlook, Word, and Excel.Soft Skills & Behavioral ExpectationsKeen attention to detail and a commitment to high-quality work in a high-pressure environment.Ability to be highly focused, results-oriented, and goal-driven.Demonstrated ability to work both independently with minimal supervision and collaboratively as a positive team player.Excellent verbal communication, written communication, and inter-personal skills.Strong problem-solving abilitySummaryIf you are interested in the risk rating specialist role please apply online todayRandstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.