Senior Credit Analyst

Montreal - Canada

Monthly Salary: Not Disclosed

Posted on: 10 hours ago

Vacancies: 1 Vacancy

Job Summary

Overview:

TekWissen is a global workforce management provider headquartered in Ann Arbor Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions Retail Banking and Services and Corporate and Institutional Banking

Position: Senior Credit Analyst

Location: Montreal QC H3A 2A6

Duration: 8 Months

Job Type: Temporary Assignment

Work Type: Onsite

Shift: 8.00AM-5.00PM

Job Description:

The position at a glance

Corporate Credit Management (CCM) is a transversal team in support of the approximately 800 Corporate Clients of the North American Coverage platform.
The CCM Team works to ensure coverage monitoring & execution of all counterparty risk requests for the Corporate platform.
The portfolio of clients consists of investment grade high yield and LBO groups.
In the role the Credit Associate will interact and develop strong relationships with Bankers (i.e. Coverage) Risk partners Delegation Holders and Product Teams (among others FX IRD Commodity Equity Global Trade Solutions Loan Capital Markets and Leveraged Finance Teams) including coordinating the credit process amongst the various Product and Risk teams to ensure an efficient and smooth turnaround of transactions.
The CCM team is organized into 8 sectors namely Transportation Consumer Products Healthcare Media & Telecom Tech Industrials Gaming & Leisure and Low Carbon Energy Transition.

In detail

The Credit Associate will be responsible for managing corporate & LBO client relationships from a credit perspective. Specifically the Credit Associate will be involved in:
Monitor the credit quality of a portfolio of assigned client names in a given sector including investment-grade high yield and sponsor-owned clients.
This includes periodic review of borrower financial statements press releases news articles industry information rating reports peer analysis etc.
Prepare credit proposals for new client originations underwritings refinancings amendments and annual reviews.
Coordinate credit process with relevant coverage product and risk teams to ensure efficient turnaround of transactions.
Present higher risk clients in formal monitoring meetings including Quarterly Sector Reviews and Watch List.
Create and maintain client exposure and internal risk ratings using bank rating methodologies.
Participate in client calls (including bank meetings) as needed for due diligence on assigned client names.
Maintain reporting related to portfolio including deal flow exposure tracking and other general reports.
Interact with internal and external auditors during loan examinations.
Interact with other bank branches to coordinate information on group or contributor strategies.
Mentor juniors and be a team player supporting and working with other team members bringing value and contributing to the success of the Team

The strengths and skills that will help you succeed

Bachelors degree in finance Economics Accounting or other similar areas
Min. 4 years prior experience in a Corporate Banking (preferably in corporate credit) environment or Rating Agencies covering corporate clients
Solid knowledge of loan structures terms credit agreements and projection modeling skills are required
Knowledge of general banking products and banking practices
Ability to multi-task and ability to work under quick turnaround times as needed in live deal transactions
Good verbal and written communication skills; professionalism in dealing with Senior Bankers (Director and above) on a daily basis
Self-Starter with ability to take initiative when working alone or with peers
Proficiency in Word and Excel
Experience with M&A transactions LBO financing a plus.
Given the vast majority of our clients both internal and external are based outside of the clients location specific language requirements may apply. Knowledge of the English is required.

Whats in it for you

In addition to competitive compensation we offer flexible benefits including a family and spouse insurance program a defined contribution pension plan and paid days for volunteering.
Hybrid work arrangements such as remote working up to 50% and flexible working hours are available for most positions.
The client provides excellent training and personal development programs as well as opportunities for career development within the company and internationally.

What you need to know

We will review candidates as they apply so dont wait to submit your application;
The client is committed to accessibility and inclusion.
You must be legally eligible to work in the Greater Montreal area and if applicable hold a valid work or study permit. Physical presence in the clients office(s) is an essential function of this position;

TekWissen Group is an equal opportunity employer supporting workforce diversity.

Overview: TekWissen is a global workforce management provider headquartered in Ann Arbor Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions Retail B...