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Credit Risk Analyst in Montreal, QC

Credit Risk Analyst Job Description

A Credit Risk Analyst assesses the creditworthiness of individuals or corporations, supporting sound lending and business decisions. This role involves collecting and analyzing financial data, preparing detailed credit reports, and evaluating potential risks to determine appropriate credit limits or terms. The analyst works under the guidance of senior team members, contributing to the overall integrity and performance of the credit portfolio. This position demands strong analytical skills, meticulous attention to detail, and a solid understanding of financial statements and risk assessment principles. Typically, 3-5 years of experience in finance, accounting, or a related field with exposure to credit is required. A Bachelor's Degree in Finance, Accounting, Economics, or Business Administration is essential. A basic understanding of Canadian credit markets and financial regulations is preferred.

Typical credit risk analyst duties:

Collect and analyze financial statements, credit reports, and other relevant data.Prepare credit summaries and detailed reports, highlighting key risks and mitigants.Evaluate credit applications and recommend credit limits or payment terms.Monitor existing client accounts for changes in credit risk profiles.Assist in the reconciliation of accounts and resolve credit-related discrepancies.Collaborate with sales and collections teams to support client relationships.Maintain accurate and organized credit files and documentation.Support compliance with internal credit policies and Canadian financial guidelines.

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Salary for Credit Risk Analyst in Montreal, QC
74970 - 102000
Low
74970
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
90015
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
102000
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 207570 248370 277695 Regulatory Reporting Manager 106335 124950 138210 Operational Risk Analysis Manager 99195 118065 135150 Operational Risk Analyst 81600 93075 107610 Market Risk Analysis Manager 91545 105825 122145 Market Risk Analyst 75480 86955 99960 Credit Risk Analysis Manager 96390 106845 120360 Hedge Fund Accountant 68595 81855 90525 Senior Fund Operations Specialist 70380 85425 97155 Fund Operations Specialist 53805 66045 82110 Anti-Money Laundering (AML) Specialist 66300 81855 93330 Fraud Investigator 57885 72675 82620 Mutual Fund Accountant 58395 64515 73440

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.