Senior Credit Analyst
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Job Location:
Monthly Salary:
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
Application Deadline:
Address:
250 Yonge StreetJob Family Group:
We are seeking a highly motivated and detail-oriented Senior Credit Analyst to join BMO Life Assurance insurance investment team. The successful candidate will be responsible for conducting fundamental credit analysis and identifying attractive relative value opportunities within and across fixed income assets with a focus on supporting the liability growth within an insurance balance sheet.
Key Responsibilities
- Perform fundamental credit analysis on investment grade and high yield issuers across corporate structured sovereign and financial sectors.
- Conduct in depth reviews of bond issuers financial statement credit metrics covenant structures and industry dynamics.
- Identify and articulate relative value opportunities within and across asset classes sectors geographies and capital structure considering risk adjusted return liquidity and regulatory capital efficiency.
- Support portfolio construction by comparing credit instruments against alternative such as securitized assets private debt.
- Monitor existing holdings for credit events rating changes covenant breaches and deteriorating trends.
- Provide credit recommendations to portfolio managers and contribute to investment decisions with clear data-driven insights.
- Collaborate with ALM actuarial and risk management teams to ensure alignment between credit views and liability driven investing strategies.
- Support regulatory reporting process by providing inputs into capital requirement calculation under LICAT.
- Stay informed about macroeconomic sector specific and regulatory developments affecting credit markets.
- Participate in issuer meetings rating agency updates and industry conferences to enhance credit views.
Qualifications
- Bachelors or masters degree in business Finance Economics or a related discipline.
- CFA designation or progresses toward it preferred.
- 3-7 year experience in credit analysis preferably within insurance asset management or rating agencies.
- Strong understanding of fixed income markets and credit instruments including corporates CLO/ABS/MBS and private placements.
- Familiarity with insurance regulatory capital frameworks (e.g. LICAT).
- Strong ability to interpret financial statements cash flow analysis and capital structures.
- High proficiency with Excel Bloomberg and credit modelling tools.
- Proficiency in Python and data visualization tools (e.g. Power BI or Tableau) is an asset.
- Strong written and verbal communication skills.
Salary:
Pay Type:
The above represents BMO Financial Groups pay range and type.
Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.
BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performance-based incentives discretionary bonuses as well as other perks and rewards. BMO also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.
As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From in-depth training and coaching to manager support and network-building opportunities well help you gain valuable experience and broaden your skillset.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.
Required Experience:
Senior IC
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
About Company
We cover the whole balance sheet, from foreign exchange, trade finance and treasury management to corporate lending, securitization, public and private debt and equity underwriting. Our team of experts can also provide a full range of advisory services, along with industry-leading res ... View more
