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Credit Risk Analyst Jobs in Quebec (NOW HIRING)

Societe Generale

Credit Analyst

Montreal, QC · On-site

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 sector research covering ...

Societe Generale

Credit Analyst

Montreal, QC

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 insurance sector ...

Td

Senior Credit Analyst - TDEF

Montreal, QC

CA$136/hr

The role requires strong financial analysis, credit underwriting, risk assessment, and communication skills, with the ability to identify key risks and recommend appropriate transaction structures ...

Farm Credit Canada

Credit Manager

Quebec, QC · Hybrid

Review, analyze andadjudicateagriculture loan applications,creditapprovalsand administrative requests beyond Operations authority levels * Assess and apply corporate and credit risk policy

Farm Credit Canada

Credit Manager

Montreal, QC · Hybrid

Review, analyze andadjudicateagriculture loan applications,creditapprovalsand administrative requests beyond Operations authority levels * Assess and apply corporate and credit risk policy

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All JobsCredit Risk Analyst JobsCredit Risk Analyst Jobs in Quebec

Credit Risk Analyst information

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$16

$38

$66

How much do credit risk analyst jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for credit risk analyst in Quebec is $38.23, according to ZipRecruiter salary data. Most workers in this role earn between $25.96 and $41.83 per hour, depending on experience, location, and employer.

What are some common challenges faced by Credit Risk Analysts when assessing new clients or loan applications?

Credit Risk Analysts often encounter challenges such as limited financial data, rapidly changing market conditions, and the need to balance risk with business growth objectives. They must carefully analyze incomplete or inconsistent client information while ensuring compliance with regulatory requirements. Collaborating with relationship managers and other departments is essential to gather additional insights and make informed recommendations, making strong communication and analytical skills crucial in overcoming these challenges.

What does a Credit Risk Analyst do?

A Credit Risk Analyst assesses the creditworthiness of individuals or organizations by analyzing financial data, credit reports, and economic conditions. Their main goal is to determine the likelihood that a borrower will default on their financial obligations. They use statistical models, risk assessment tools, and industry knowledge to evaluate risk and help lenders make informed lending decisions. Credit Risk Analysts often prepare reports, recommend risk mitigation strategies, and monitor existing credit portfolios for potential risks.

What are the key skills and qualifications needed to thrive as a Credit Risk Analyst, and why are they important?

To thrive as a Credit Risk Analyst, you need strong analytical skills, a solid understanding of financial principles, and typically a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and financial modeling systems is often required, along with relevant certifications like FRM or CFA being advantageous. Attention to detail, effective communication, and sound judgment are essential soft skills for presenting findings and collaborating with stakeholders. These competencies are crucial for accurately assessing creditworthiness, minimizing financial risk, and supporting informed lending decisions.

How much does a Credit Risk Analyst make?

The average salary for a Credit Risk Analyst is approximately $70,000 to $90,000 annually, depending on experience, location, and the company's size. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn higher compensation, often supplemented with bonuses and benefits.

What Does a Credit Risk Analyst Do?

A credit risk analyst evaluates the creditworthiness of individuals or businesses seeking loans or credit cards. As a credit risk analyst, you must be systematic and thorough in examining each applicant’s financial information to provide a recommendation of whether or not your employer should grant credit to the applicant. Essentially, you are evaluating the risk to reward ratio of each loan applicant. Your job duties include the analysis of credit scores and credit reports, payment history, bank statements, and other financial statements. Depending on the scope of your job, you may collect this information directly from clients and inform them if the institution can approve or deny their credit or loan application.

Will a credit analyst be replaced by AI?

Credit risk analysts perform tasks such as evaluating creditworthiness and analyzing financial data, which involve judgment and interpretation that AI currently cannot fully replicate. While AI tools can assist with data processing and risk modeling, human analysts are still essential for complex decision-making and nuanced assessments. The role is evolving to include managing AI outputs and maintaining oversight of automated systems.

Does credit risk pay well?

Credit risk analysts typically earn competitive salaries that vary by experience, location, and industry. Entry-level positions may start lower, but with experience and certifications like CFA or FRM, salaries can increase significantly, often reaching above the national average for financial roles.

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

AspectCredit Risk AnalystCredit Analyst
Primary FocusAssessing the risk of default on loans and credit productsEvaluating creditworthiness of individual or business applicants
Required CredentialsTypically a degree in finance, economics, or related field; certifications like CFA or credit-specific coursesSimilar credentials; often the same certifications or degrees
Work EnvironmentFinancial institutions, risk management departmentsBanks, lending institutions, credit departments
Industry UsageCommonly used in risk assessment and managementPrimarily in lending and credit evaluation

While both roles involve evaluating credit, a Credit Risk Analyst focuses on assessing the overall risk associated with credit portfolios, whereas a Credit Analyst evaluates individual credit applications. The roles often overlap in credentials and work environment, but their specific focus differs within the credit industry.

What do credit risk analysts do?

Credit risk analysts evaluate the creditworthiness of individuals or organizations to determine the likelihood of default on loans or credit agreements. They analyze financial data, credit reports, and market conditions using tools like spreadsheets and credit scoring models to assess risk and support lending decisions.
More about Credit Risk Analyst jobs
What are the most commonly searched types of Credit Risk Analyst jobs in Quebec? The most popular types of Credit Risk Analyst jobs in Quebec are:
What are popular job titles related to Credit Risk Analyst jobs in Quebec? For Credit Risk Analyst jobs in Quebec, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Quebec look for? The top searched job categories for Credit Risk Analyst jobs in Quebec are:
What are popular job titles related to Credit Risk Analyst jobs in QC? For Credit Risk Analyst jobs in QC, the most frequently searched job titles are:
Credit Risk Analyst jobs near you
Infographic showing various Credit Risk Analyst job openings in Quebec as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 7% Part Time, 1% Temporary, and 4% Contract. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution, with an average salary of $79,512 per year, or $38.2 per hour.

Credit Analyst

Societe Generale

Montreal, QC • On-site

Other

Re-posted 27 days ago

Job description

DEPARTMENT DESCRIPTION

COVERAGE & INVESTMENT BANKING/Credit Portfolio Management - Financial Assets and Insurance (GLBA/CPM/FAI). The mission of CPM/FAI is to provide credit analysis and manage the credit relationship with clients.  This position has a focus on non-bank financial institutions located in the Americas, primarily the USA. 

Responsibilities

The individual will be responsible for credit analysis of existing or new non-bank financial institution clients/counterparties related to the following industries: asset managers and regulated funds, pension funds; mortgage REITS; and private equity funds.  Products traded include OTC derivatives, prime services products, foreign exchange, repo, and securities lending.  Clients may also require committed loan facilities.  Day to day responsibilities include:

  • 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 sector research covering North America to support the analysis.

  • Develop strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.

  • Propose obligor ratings using the bank's rating tools.

  • Manage key components of counterparty credit administration such as internal ratings, trading documentation (ISDA/CSA, GMRA, GMSLA, FAA), and replacement risk limits.  Become knowledgeable of 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.

  • Coordinate all aspects of a credit request, liaising with FAI relationship managers, business lines, legal staff, and Risk Division. 

COMPETENCIES

Must Have: 

  • Organize time and manage deliverables to deadlines

  • Identify and accommodate shifting priorities with little notice

  • Analyze and assess counterparty risk and financial condition utilizing quantitative and qualitative data. 

  • Complete work with minimal or no supervision

  • Possess a high degree of enthusiasm and energy to learn a variety of financial institution industry sectors.

  • Team player, interfacing with team members, front office bankers and salespersons, risk team, and clients.

  • 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.

  • Knowledge of capital markets/traded products and committed financing facilities.

  • 3 years of overall credit analysis experience preferably in non-bank FI space

  • Bachelor's degree from accredited university

Nice-to-have:

  • Knowledge of capital markets/traded products and committed financing facilities.

  • Advanced Excel skills, and AI tools.

LANGUAGE: 

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States. 

Due to US Federal Securities law that may apply to this position, candidates who will apply for this position may be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA").

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