Credit Analyst - Jobs in Montréal

Job Description

12 Month ContractHybrid- onsiteRequired:I want to highlight these requirements already mentioned in the JD: • Minimum 3-5 years’ experience in credit analysis on Latin American based financial institutions • Good knowledge of derivative products (IRS, CDS, TRS, options…) • Fluency in Spanish and/or Portuguese.Credit Analyst’s responsibilities

• Prepare and present annual credit reviews and new requests to credit committees for Latin America based banks and brokers under his/her portfolio.
• This process includes comprehensive financial analysis on the counterparty and comparison with its peers, recommendation of rating using internal rating models, and expression of a well supported credit opinion.
• Analyze capital markets and corporate banking transactions with financial institutions.
• Capital markets: derivatives (swaps, foreign exchange, credit and equity derivatives), repo, securities lending, prime services.
• Corporate banking: import and export trade finance transactions, and syndicated loan participations.
• Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
• Co-ordinate with Legal Department to execute legal documentation by providing credit-sensitive terms.
• Review all legal documentation during annual review, ensuring all necessary documents are in place (including guarantees) and being familiar with the products covered under ISDA/CSA, GMRA, GMSLA...
• Work closely with Relationship Managers, Traders, Market Risk, Legal and Operations personnel to structure transactions to mitigate diverse forms of risk.
• Support all business lines credit requests / transactions for clients.
• Effectively handle multiple tasks and review multiple files simultaneously through effective prioritization of requests (in conjunction with immediate supervisor) and sound organizational skills.
• Participate to internal exercises to review exposures and ensure data quality for counterparties.
• Keep up to date with industry risks/trends, including credit, regulatory, and legal issues.
• Identify and escalate as necessary any deterioration in his/her portfolio.

Required Qualifications

• BS/BA required (with finance or economic background preferred).
• Minimum 3-5 years’ experience in credit analysis on Latin American based financial institutions/financial sectors
• Good knowledge of derivative products (IRS, CDS, TRS, options...), repurchase agreements and securities lending, as well as associated risk analysis (VaR, stress-testing, slippage risk, liquidation risk)
• Good knowledge of the current political, economic, operational and legal environment in diverse Latin American countries
• Clear communication skills to firmly and confidently express credit decisionsamp; opinions
• Ability to organize time and meet deadlines/deliver requests on time
• Proficiency in Microsoft Office suite
• Fluency in English

Preferred Qualifications

• MS, MBA, CFA or FRM is a plus
• Competence in credit analysis