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Credit Analyst - Investment Banking

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Skill Farm

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Toronto

AI generated summary

  • You need strong credit and analytical skills, excellent communication, attention to detail, ability to handle pressure, and proficiency in Excel, Word, and PowerPoint.
  • You will monitor borrower performance, assess risk situations, ensure compliance with loan agreements, and maintain data integrity in bank systems.

Requirements

  • Strong credit, analytical and technical skills, ability to critically assess financial statements and other corporate and commercial client reports and draw reasoned and relevant conclusions to recommend a course of action
  • Professional written and verbal communication skills with the ability to work effectively within a team environment and to interact at all levels within a large organization
  • Ability to read and understand complex legal documents, prioritize, commit to task with excellent attention to detail, and perform well under pressure to meet time sensitive deadlines as this is frequently not a 9-to-5 environment
  • Strong Excel, Word and PowerPoint skills

Responsibilities

  • Actively follow the business and financial performance of the borrowers in your portfolio through daily monitoring of financial and industry information, regulatory events, external rating agency movements, and other early warning signals
  • Identify and assess deteriorating risk situations through your credit analysis and where necessary, propose a course of action to your Team Leader & Director to ensure the safety of the bank's funds
  • Ensure compliance with loan agreements by verifying performance against financial covenants, margin limits and Bank Policy.
  • Ensure bank systems correctly reflect key terms and conditions of credit agreements and other documentation for the assigned portfolio, with respect to data integrity

FAQs

What are the primary responsibilities of a Credit Analyst in Investment Banking?

The primary responsibilities include actively monitoring the business and financial performance of borrowers, identifying and assessing deteriorating risk situations, ensuring compliance with loan agreements, and maintaining data integrity within bank systems.

What skills are essential for a Credit Analyst in this role?

Essential skills include strong credit and analytical skills, professional communication skills, the ability to read and understand complex legal documents, excellent attention to detail, and proficiency in Excel, Word, and PowerPoint.

Is previous experience in credit analysis required for this position?

Yes, prior experience in credit analysis or a related financial role is typically required to perform effectively in this position.

What types of documents should a Credit Analyst be comfortable reviewing?

A Credit Analyst should be comfortable reviewing financial statements, credit agreements, financial covenants, and other related corporate and commercial client reports.

What type of work environment can a Credit Analyst expect?

The work environment is often fast-paced and may require working under pressure to meet time-sensitive deadlines, as it is frequently not a 9-to-5 job.

Are there opportunities for professional development in this role?

Yes, there are opportunities for professional development, as the role involves engaging with a variety of stakeholders and requires continuously improving analytical and technical skills.

Is teamwork important for a Credit Analyst?

Yes, the ability to work effectively within a team environment and interact across different levels within the organization is crucial for success in this role.

How does this role contribute to the safety of the bank's funds?

The role contributes to the safety of the bank's funds by assessing credit risks, proposing action plans for deteriorating situations, and ensuring compliance with financial covenants and bank policies.

What tools or software will a Credit Analyst need to be proficient in?

A Credit Analyst should be proficient in Microsoft Excel, Word, and PowerPoint, as these tools are essential for data analysis, reporting, and presentations.

What does the daily monitoring of borrowers involve?

Daily monitoring involves analyzing financial and industry information, regulatory events, and rating agency movements to assess the performance and risk levels of borrowers in the assigned portfolio.

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Skill Farm

Finance Expert Network: Build Skills, Share Expertise & Find Careers | We help finance professionals thrive

Human Resources
Industry
1-10
Employees
2023
Founded Year

Mission & Purpose

Skillfarm is a professional development platform that focuses on building and enhancing skills in areas such as leadership, communication, and problem-solving. Their ultimate mission is to empower individuals and teams to achieve their full potential through targeted skill-building programs. The purpose of Skillfarm is to bridge the gap between existing skills and the demands of the modern workplace, enabling users to thrive in their careers by offering practical, real-world training solutions.