Credit Analyst, Funds

What We Need
Corpay is currently looking to hire a Credit Analyst for Funds and Corporate within our Credit division. This position falls under our Cambridge line of business and is located in Toronto, Canada. This hybrid role combines institutional fund underwriting with corporate credit analysis, offering a unique opportunity to assess diverse client segments.  In this role, you will be responsible for underwriting Funds (FI) clients, performing corporate credit underwriting, and ensuring adherence to the Company's underwriting standards and risk policies. You will regularly collaborate with key business partners across Sales, Compliance, Legal, Finance, Treasury, and Operations.  You will report directly to Head of Group Credit and regularly collaborate you're your team and other departments.
 
How We Work
As a Credit Analyst, Corpay will set you up for success by providing:

This will be a hybrid position with assigned workspace in the Toronto office.
Company-issued equipment

Role Responsibilities
The responsibilities of the role will include:

Performing underwriting for Fund (FI) clients and corporate clients across multiple jurisdictions.
Assessing and analyzing financial statements, fund structures, management quality, and other credit factors to determine overall risk and creditworthiness.
Preparing well-reasoned credit recommendations and, where authorized, approve credit within assigned limits.
Ensuring all underwriting decisions comply with internal underwriting guidelines, regulatory expectations, and risk policies.
Monitoring existing portfolios to ensure ongoing compliance and identify emerging risks.
Conduct portfolio analyses to identify concentration risks, performance trends, and credit deterioration.
Developing and recommending remediation plans for higher-risk exposures.
Preparing clear, comprehensive credit memos, portfolio reviews, and presentations for senior management.
Working closely with Sales, Compliance, Legal, Operations, IT, Treasury, and Finance to ensure seamless deal execution and alignment with risk objectives.
Supporting Credit Manager with risk-related decisions, exceptions, and complex deal structures.
Staying current on industry trends, market conditions, regulatory developments, and macroeconomic events impacting credit risk.
Recommending improvements to underwriting processes, tools, and best practices to enhance risk assessment quality and operational efficiency.

Qualifications & Skills

Minimum of 2+ years of experience with a Bachelor's degree in Finance, Economics, Accounting, or Business Administration (Master's preferred).
Professional designations such as CFA, CA, or FRM are strong assets.
Proven experience in underwriting and credit risk management, ideally covering both Funds (FI) and corporate clients.
Experience with regulatory compliance in underwriting and a strong understanding of legal and compliance considerations related to Fund structures.
Experience in Foreign Exchange (FX) or financial markets is a significant advantage.
Excellent financial analysis, critical thinking, and decision-making skills.
Strong written and verbal communication skills, with the ability to present complex information clearly.
Highly detail-oriented with strong organizational abilities and the capacity to work under pressure.

Benefits & Perks

Comprehensive Benefits Package including, Medical, Dental, Vision and Paramedical benefits, as of day one 

Optional company match RRSP program  

Virtual fitness classes offered company-wide 

Time-off including major holidays, vacation, sick, personal, & volunteer time 

Discounted gym membership rate 

Philanthropic support with both local and national organizations 

Fun culture with company-wide contests and prizes 

Equal Opportunity/Affirmative Action Employer
 
Corpay is an Equal Opportunity Employer. Corpay provides equal employment opportunities to all qualified applicants without regard to race, color, gender (including pregnancy), religion, national origin, ancestry, disability, age, sexual orientation, gender identity or expression, marital status, language, ancestry, genetic information and/or any other group status protected by federal or local law. If you require reasonable accommodation for the application and/or interview process, please notify a representative of the Human Resources Department.
 
Pay Transparency
 
This salary range is provided for locations which require such disclosure. Where a position or applicant may fall in a particular wage range depends on a number of factors including but not limited to skill sets, experience training licenses and certifications (if applicable), and other business and organization needs. The disclosed range has not been adjusted for the applicable geographic markets. At Corpay it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions depend on the facts and circumstances of each case. The estimate of the minimum and maximum salary range is CAD $65,000-$90,000.
 
For more information about our commitment to equal employment opportunity and pay transparency, please click the following links: Canadian Human Rights Act – Grounds of Discrimination, Employment Equity Act (Canada) and BC Pay Transparency.

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