Associate Credit Analyst Jobs in Ontario (NOW HIRING)

At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together.

Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.

Credit Analyst, Real Estate & Corporate Banking

How does the role impact the organization?

The Canadian subsidiary of Raymond James Bank, a growing commercial lender offering competitive corporate lending solutions to clients across the country, is seeking a Credit Analyst with 2-3 years of relevant lending and/or real estate experience to work in our Toronto office. 

The Credit Analyst will report to the local Country Head and the Senior Vice President of Real Estate Banking, and is expected to have intermediate level knowledge and skills to support our business unit by reviewing credit information for commercial clients and analyzing complex financial data to assist in making credit decisions and manage processes. More specifically, the role will primarily consist of two main roles:

New Loan Underwriting – Review new loan requests from lending partners, brokers and opportunities direct from clients, with a focus on large, complex institutional-calibre transactions.  This includes the review, inputting and analyzing of financial statements and rent rolls in order to prepare cash flow and underwriting value estimates, together with writing and preparing approval memorandums for the Bank’s executive loan committee.

Loan Portfolio Management – Prepare quarterly and annual credit reviews, collate and analyze complex financial and non-financial data on the group’s existing clients and loan portfolio. Work alongside the senior members of the lending team in their day-to-day management of the portfolio, including amendments, renewals and refinances as well as ad hoc reporting and presentations as may be required.

What will your role be responsible for?

• Conduct due diligence investigations for prospective transactions, including analyzing loan investment memorandums and financial statements;
• Interpret findings and prepare various reports for the lending team in order to present to senior management for approval;
• Prepare and deliver written and oral credit presentations;
• Prepare spreadsheets, reports, summaries and monitor the financial position of established accounts and bring irregularities to higher level associates;
• Prepare report evaluations, ensuring compliance with organizational regulatory guidelines;
• Maintain documentation files and monitor compliance with terms of loan/accounts;
• Perform other duties and responsibilities as assigned

What can you expect from us?

Our most important investment is in people.  Upon eligibility, Raymond James Ltd offers flexible workstyles, a competitive compensation and benefits package. Our benefits range from Health Benefits, RRSP Matching Program, Employee Stock Purchase Plan, Paid Time Off, Volunteer Days, Discretionary Bonuses, Tuition Reimbursement and many more! We also support internal promotion and community involvement.

What do we expect from you?

To qualify for this opportunity you possess:

• Bachelor's degree in Business, Real Estate, Finance, Accounting, or equivalent;
• 2-3 years of working experience with a commercial real estate lender or investment firm;
• Ability to interpret and create rent rolls, operating statements and financial projections;
• Knowledge of commercial real estate investment industry (markets, players and terminology);
• Knowledge of real estate lending concepts, practices and procedures of credit analysis;
• Excellent customer service, interpersonal, written and verbal communications skills;
• Strong multi-tasking and organizational skills; and

• Ability to be decisive, proactive and a team player.

We encourage our associates at all levels to:

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

Salary Range: $75,000 - 85,000 annually, in addition to competitive performance bonuses/incentives.

Actual compensation will be determined based on skills, experience, internal equity, and other job requirements.

This posting is for an existing vacancy.

At Raymond James - we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 
Here at Raymond James we demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at recruitment@raymondjames.ca. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.

We may use automated or AI-enabled tools to support parts of our recruitment and screening process, including screening, assessing or selecting applicants where applicable. These tools help us review applications efficiently, but they do not replace human decision-making.