Credit Analyst

Category: Finance
Main location: Canada, Quebec, Montréal
Position ID: J0522-1394
Employment Type: Full Time

Position Description:

The individual will be responsible for credit analysis and management of a portfolio of client credit relationships, predominantly in the funds industry, with a focus on asset managers, regulated and unregulated funds, mandates, and block trading activities within AMER scope. Geographic region is predominantly USA, with lesser emphasis on Canada. The candidate should have expertise in the credit analysis and supporting ratios and metrics, and regulatory matters. Product lines encompass OTC and listed derivatives, foreign exchange, repo, structured transactions, and committed lending facilities. Day to day responsibilities include but are not limited to:



Process credit requests in a timely manner to meet business deadlines and maintain the annual review cycle.
Research and analyze financial data on the client to prepare high quality analysis in credit applications that address client credit risk and transaction risk.
Conduct economic and asset management sector research covering North America to support the analysis.
Exercise strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.
Use internal fund rating models to propose counterparty ratings.
Manage key components of counterparty credit administration such as internal ratings, trading documentation (ISDA/CSA, GMRA, GMSLA, FAA), and replacement risk limits. Establish credit terms for legal documents and follow up with legal department on negotiations.
Perform ongoing monitoring of client credit quality to identify a possible deterioration of credit quality.
Monitor exposure and manage credit limit exceptions. Adapt to ongoing accounting and regulatory changes that affect credit limits and exposure.
Handle covenant compliance and assess that the client meets the requirement as agreed on terms and follow internal process for exceptions as needed.
Coordinate all aspects of a credit request, liaising with FIG relationship managers, business lines, legal staff, and Risk Division.

Profile

COMPETENCIES

Ability to organize time and manage deliverables to deadlines
Ability to identify and accommodate shifting priorities with little notice
Ability to complete work with minimal or no supervision
Possess a high degree of enthusiasm and energy to fulfill job requirements and to possibly gain exposure to other non-bank financial institution sectors.
Ability to work in a team environment, interfacing with team members, front office bankers and salespersons, risk team, and clients.




TECHNICAL SKILLS

Ability to analyze and evaluate counterparty risk and financial condition utilizing quantitative and qualitative data.
Proficiency using Word for written analysis and Excel for spreadsheet analysis
Ability to acquire knowledge of the accounting, legal and regulatory issues governing relevant sectors.
Ability to investigate/research/synthesize data and make appropriate conclusions as to what is causing the observed result(s)
Ability to write concisely and in a way that conveys analysis and conclusions without minimal follow-up questions
Develop competency with SG’s internal systems.
Knowledge of capital markets/traded products and financing facilities.


PRIOR WORK EXPERIENCE

5+ years of credit analysis experience with focus on the funds / asset management industry
Bachelor’s degree from accredited university


LANGUAGES

Fluency in English
Fluency in French a plus
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What you can expect from us:

Insights you can act on

While technology is at the heart of our clients’ digital transformation, we understand that people are at the heart of business success.

When you join CGI, you become a trusted advisor, collaborating with colleagues and clients to bring forward actionable insights that deliver meaningful and sustainable outcomes. We call our employees "members" because they are CGI shareholders and owners and owners who enjoy working and growing together to build a company we are proud of. This has been our Dream since 1976, and it has brought us to where we are today — one of the world’s largest independent providers of IT and business consulting services.

At CGI, we recognize the richness that diversity brings. We strive to create a work culture where all belong and collaborate with clients in building more inclusive communities. As an equal-opportunity employer, we want to empower all our members to succeed and grow. If you require an accommodation at any point during the recruitment process, please let us know. We will be happy to assist.

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