Senior Credit Analyst - Commercial

Your Moneris Career - The Opportunity

As the Senior Credit Analyst - Commercial, you will perform different forms of credit-based analysis on business/ commercial accounts, with an emphasis on financial statement analysis on commercial merchants generating large credit exposure. To be successful in the role, you will be well-versed in commercial credit adjudication, credit assessments, and financial statement analysis.

Location: You will be based in our Toronto office, balancing in-office collaboration with remote flexibility.

Reporting Relationship: You will report to the Manager, Commercial Credit.

Posting Type: Replacement Position.

Salary Range: The expected base salary range for this role is $71,408 - $99,971.

Total compensation may also include variable or discretionary incentive components, including but not limited to bonuses and commissions. Individual job offers are determined by various factors, including experience, education, skills, certifications, and other business needs.

Your Moneris Career - What you'll do

• Adjudicate existing or net new merchants and approve or decline applications within assigned levels of authority.

• Participate in the ongoing credit risk assessment of a portfolio of Commercial Merchants (large revenue/market share managed accounts), including periodic reviews and recommendations for the increase or decrease of collateral.

• Manage individual portfolio – periodic review, collateral updates, contract reviews, compliance reporting, etc.

• Conduct negotiation with Commercial Merchant senior executives (CEO, CFO, VP’s, Directors) relating to credit decisions.

• Perform business analysis in the form of financial statement analysis, review of accounting policy affecting the financials, industry analysis, and financial modeling.

• Provide ongoing education and support to Sales, Operations, and Marketing concerning Credit Policies and Procedures.

• Bachelor's degree in Business, Finance, Economics or a related discipline.

• Pursuing a post-graduate degree or professional certifications like MBA, CFA, or CPA (a PLUS).

• Strong communication skills to interface with stakeholders and management.

• 3+ years of experience in credit adjudication, including business/commercial adjudication.

• Experience analyzing business financial statement is required for the role.

• Strong interpersonal, written and verbal communication, as well as negotiation skills.

• Proficiency with MS Office applications, especially Excel (Intermediate to advanced).

• Comprehensive Total Rewards Program including bonuses, flexible benefits starting from day 1, and your choice of either a health spending account (HSA) or personal spending account (PSA).

• RRSP matching & defined contribution pension plan.

• Learning & development programs and resources including unlimited free access to Coursera and an Educational Assistance Program.

• Holistic approach to your well-being, with an Employee Assistance Program for you and your family, access to 24/7 virtual health care, wellness events and a supportive workplace culture.

• A workplace committed to investing in Diversity, Equity and Inclusion (DEI) through various initiatives including, employee inclusion groups (EIGs), mentorship, DEI learning and workshops, educational events, and various resources including an internal DEI website and newsletter.

• Company-wide paid year-end closure & personal time off (including religious, personal, and volunteer days).

Find out more about the work perks and benefits you get as a Moneris employee at Moneris.com/careers.

AI Disclosure: We may use AI-enabled tools to screen, select, and assess applications. All AI outputs are reviewed and validated by our recruitment team.

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Note: We welcome and encourage applications from Indigenous peoples, people of colour, people with disabilities, people of all genders, sexual orientation and intersectional identities.

We acknowledge that people from equity-deserving groups (including racialized individuals, women, gender diverse individuals, individuals with disabilities, neurodivergent individuals, members of 2SLGBTQIA+ communities and those born outside of Canada) are less likely to apply for jobs unless they feel they meet all the requirements posted. At Moneris, we believe candidates bring experience to their work in many ways. We encourage you to apply and share, in the application form, the transferrable experience you bring, and how this will support your success in this role.