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Associate Credit Analyst Jobs in Ontario (NOW HIRING)

PwC

Credit Risk Modelling Senior Associate

Toronto, ON · Hybrid

CA$73K - CA$122K/yr

Meaningful workyou'llbe part of As a Credit Risk Modelling Senior Associate,you'llwork as part of a ... Solid understanding and knowledge of credit risk processes, credit risk analytics, risk rating ...

Passage

Credit Strategy Analyst

Toronto, ON · On-site

Who you are We're hiring a Business Operations Associate to help run and evolve the engine behind ... You'll analyze, optimize, and help build systems that scale our mission--and our impact. If you're ...

Jonluca

Credit Coordinator

Woodbridge, ON

Additionally, this role will provideadministrative support to our finance associates whenever ... Sound analytical thinking, planning, prioritization, and execution skills. Must be able to work ...

Jonluca Neal

Credit Coordinator

Woodbridge, ON · On-site

Additionally, this role will provide administrative support to our finance associates whenever ... Sound analytical thinking, planning, prioritization, and execution skills. * Must be able to work ...

BMO Capital Markets

Associate

Mississauga, ON · On-site

CA$56K - CA$103K/yr

Performs financial analysis and calculations, assesses client creditworthiness, prepares detailed credit summaries, analyses financial performance and risk profiles of clients within the portfolio.

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All JobsAssociate Credit Analyst JobsAssociate Credit Analyst Jobs in Ontario

Associate Credit Analyst information

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How much do associate credit analyst jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for associate credit analyst in Ontario is $26.05, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $28.61 per hour, depending on experience, location, and employer.

What does an associate credit analyst do?

An Associate Credit Analyst is responsible for evaluating the creditworthiness of individuals or companies applying for loans or credit lines. They analyze financial statements, credit reports, and economic data to assess risks and make recommendations on lending decisions. Their work helps financial institutions minimize losses by identifying potential credit risks and ensuring that lending policies are followed. Associate Credit Analysts often work under the supervision of senior analysts and may assist in preparing credit reports and presentations for management.

What are the key skills and qualifications needed to thrive as an associate credit analyst, and why are they important?

To thrive as an Associate Credit Analyst, you need strong analytical skills, a solid understanding of financial statements, and typically a bachelor's degree in finance, accounting, or a related field. Familiarity with credit risk modeling software, Excel, and financial databases such as Bloomberg or S&P Capital IQ is essential. Attention to detail, effective communication, and the ability to work under tight deadlines are standout soft skills in this role. These competencies are crucial for accurately assessing creditworthiness, supporting sound lending decisions, and ensuring risk is managed effectively.

What are some common challenges faced by associate credit analysts when evaluating new credit applications?

Associate Credit Analysts often encounter challenges such as analyzing incomplete or inconsistent financial data, assessing the creditworthiness of applicants with limited credit history, and balancing risk with business growth objectives. They must also stay updated with industry trends and regulatory changes that can impact credit risk. Effective communication with senior analysts and other departments is crucial for gathering necessary information and ensuring accurate assessments.

What is the difference between Associate Credit Analyst vs Credit Analyst?

AspectAssociate Credit AnalystCredit Analyst
Required CredentialsBachelor's degree, some certifications (e.g., CFA, credit analysis courses)Bachelor's degree, often similar certifications
Work EnvironmentEntry-level, team-based, financial institutions or corporationsMid-level, analytical, banking or finance sectors
Employer & Industry UsageFinancial services, banks, credit agenciesBanks, investment firms, credit departments
Common Search & ComparisonYesYes

The Associate Credit Analyst typically performs entry-level credit assessments, supporting senior analysts. Credit Analysts handle more complex evaluations and decision-making. Both roles require similar educational backgrounds and certifications, but Credit Analysts usually have more experience and responsibility.

Are associate credit analysts paid well?

Associate credit analysts typically earn a median annual salary that is competitive within the finance industry, with pay often increasing with experience and certifications such as the CFA. Salaries can vary based on location, company size, and individual performance, but generally, the role offers a solid starting point for a career in credit analysis and financial services.

Is an associate credit analyst entry level?

An associate credit analyst is typically an entry-level position in the finance and credit analysis field. It often requires a bachelor's degree in finance, accounting, or a related field, and involves tasks such as assessing creditworthiness and supporting senior analysts. Advancement usually depends on experience, skills, and certifications like the CFA or credit analysis training.

What are the most commonly searched types of Credit Analyst jobs in Ontario?

The most popular types of Credit Analyst jobs in Ontario are:

What are popular job titles related to Associate Credit Analyst jobs in Ontario?

For Associate Credit Analyst jobs in Ontario, the most frequently searched job titles are:

What job categories do people searching Associate Credit Analyst jobs in Ontario look for?

The top searched job categories for Associate Credit Analyst jobs in Ontario are:

What cities in Ontario are hiring for Associate Credit Analyst jobs?

Cities in Ontario with the most Associate Credit Analyst job openings:

Associate Credit Analyst jobs near you
Infographic showing various Associate Credit Analyst job openings in Ontario as of August 2026, with employment types broken down into 1% As Needed, 64% Full Time, 33% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $54,186 per year, or $26.1 per hour.

Credit & Collections Associate

Patch & Permasearch

Grimsby, ON • On-site

$30 - $32/hr

Full-time

Posted yesterday

New

Job description

Job Description Our client, a well-established organization in the industrial and equipment services sector, is looking for a Temporary Credit & Collections Associate to join their Credit & Collections team in Grimsby, Ontario. This is a great opportunity for a detail-oriented and customer-focused finance professional with 1-2 years of credit and collections experience who is comfortable managing customer accounts, resolving discrepancies, and following up on outstanding balances. The initial contract is 3 months, with the possibility of extension based on business needs and performance.

Key Responsibilities Manage and collect outstanding customer accounts through phone and written correspondence. Monitor assigned accounts and proactively work to reduce delinquency. Handle collection-related inquiries, refunds, account adjustments, discrepancies, short payments, and reconciliations.

Maintain strong relationships with internal and external customers, including Sales and dealers. Communicate and follow up with Sales and other departments regarding customer accounts and resolutions. Escalate complex or challenging accounts to Credit Management when required.

Support the collection process by working with Sales and Senior Management as needed. Handle a high volume of phone calls and emails while maintaining a high level of customer service. Prepare and complete weekly and monthly reports.

Meet established department goals, metrics, and service standards. Participate in team meetings and contribute to a collaborative team environment. Perform other related duties as required.

Qualifications 1-2 years of experience in Credit & Collections. Working knowledge of finance, billing, and collections procedures. Hands-on experience with Microsoft Dynamics 365 (D365) is strongly preferred.

US Credit & Collections experience is highly preferred. Post-secondary education in Business Administration, Finance, Accounting, or a related field is an asset. French/English bilingualism is an asset.

Strong attention to detail with excellent analytical and problem-solving skills. Strong verbal and written communication skills. Excellent customer service and relationship-building abilities.

Ability to manage multiple priorities and work independently with minimal supervision. Adaptable and able to quickly learn new processes, systems, and tools. Ability to handle challenging situations professionally and make sound decisions while following established procedures.

Strong Microsoft Office and spreadsheet skills. Ability to work effectively within a team and across departments.

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