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Credit Risk Analyst Jobs in Toronto, ON (NOW HIRING)

The Americas Credit Specialist team is a group of credit risk professionals supporting a sophisticated sales organization across a broad range of analytical solutions, data assets, and workflow tools.

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Credit Risk Analyst information

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How much do credit risk analyst jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for credit risk analyst in Toronto, ON is $36.48, according to ZipRecruiter salary data. Most workers in this role earn between $24.78 and $39.92 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.

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.

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.

How much does a credit risk analyst earn?

The average salary for a credit risk analyst typically ranges from $60,000 to $90,000 annually, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries and bonuses.

What is the average salary of a Credit Risk Analyst?

The average salary of a Credit Risk Analyst typically ranges from $60,000 to $85,000 per year, depending on experience, location, and industry. Professionals in this role often require strong analytical skills and knowledge of financial modeling tools.
What are the most commonly searched types of Credit Risk Analyst jobs in Toronto, ON? The most popular types of Credit Risk Analyst jobs in Toronto, ON are:
What are popular job titles related to Credit Risk Analyst jobs in Toronto, ON? For Credit Risk Analyst jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Credit Risk Analyst jobs in Toronto, ON look for? The top searched job categories for Credit Risk Analyst jobs in Toronto, ON are:
Infographic showing various Credit Risk Analyst job openings in Toronto, ON as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $75,882 per year, or $36.5 per hour.

Sr. Director, Solutions Consulting - Canada Credit Risk Solutions

TransUnion

Burlington, ON • On-site

CA$210K - CA$316K/yr

Full-time

Re-posted 7 days ago


TransUnion rating

9.3

Company rating: 9.3 out of 10

Based on 8 frontline employees who took The Breakroom Quiz


Job description

TransUnion's Job Applicant Privacy Notice

What We'll Bring:

At TransUnion, we are dedicated to finding ways information can be used to help people make better and smarter decisions. As a trusted provider of global information solutions, our mission is to help people around the world access the opportunities that lead to a higher quality of life, by helping organizations optimize their risk-based decisions and enabling consumers to understand and manage their personal information. Because when people have access to more complete and multidimensional information, they can make more informed decisions and achieve great things.
Every day TransUnion offers our employees the tools and resources they need to find ways information can be used in diverse ways. Whether it is helping businesses better manage risk, providing better insights so a consumer can qualify for his first mortgage or working with law enforcement to make neighborhoods safer, we are improving the quality of life for individuals, families, communities and local economies around the world.

What You'll Bring:

  • 15+ years of progressive experience in product management, with a strong focus on credit risk.

  • Proven leadership in Canada.

  • Understanding of credit data, risk modeling, and regulatory environments in Canada.

  • Demonstrated success in leading cross-functional product teams and driving innovation.

  • Fluent in Agile methodologies and product lifecycle management.

  • Excellent communication skills across internal and external stakeholders.

  • Bachelor's degree in STEM or related field; MBA or Master's degree preferred.

Preferred Attributes

  • Strategic thinker with a commercial mindset and customer-centric approach.

  • Emotionally intelligent leader who builds strong relationships across diverse teams.

  • Structured and process-driven, with a bias for action and accountability.

  • Ability to translate customer insights into impactful product experiences.

  • Thought leader and evangelist for credit risk innovation in Canada.

Impact You'll Make:

TheSr Director, Solutions Consulting - Canada Credit Risk Solutionsis responsible for leading the development, strategy, and commercialization of TransUnion's Credit Risk Solutions (CRS) inCanada. This role is pivotal in driving regional product innovation, aligning with global standards, and delivering high-impact solutions tailored to local market needs. You will oversee the product lifecycle for Core Credit (e.g. Credit Reports, Scores), Alternative Data (e.g. Income Verification, Alternative Data Scores), Analytics Enablement (e.g. Analytics Sandbox) and Commercial (e.g. Commercial Credit Reports, Scores) ensuring they meet evolving customer demands and regulatory requirements. In this role you will manage CRS Product Managers and Solution Consultants. You'll collaborate closely with regional leaders, data science teams, and global stakeholders to define and execute the product roadmap. This role reports into theInternational Head of Credit Risk Solutions with a dotted line into the Canada Chief Product Officer and will be based in Canada.

Key Responsibilities

Market & Customer Insights

  • Track regional trends and risks across Core Credit, Alternative Data, Analytics, and Commercial.
  • Share customer feedback to guide innovation and ensure relevance.
  • Represent Credit Risk Solutions in key external and internal forums.

Product Strategy

  • Lead strategy and GTM alignment for Core Credit, Alternative Data, Analytics and Commercial.
  • Understand and advocate for the global CRS strategy locally.
  • Inform the global CRS strategy based on regional learnings and requirements.
  • Approve new developments and build ROI-driven business cases.
  • Represent TransUnion in senior client engagements and global strategy reviews.
  • Develop talent to exceed business goals.

Financial Planning

  • Partner with Sales and Finance to build and monitor revenue plans.
  • Present performance updates and contribute to strategic planning.

Roadmap Management

  • Oversee product lifecycle and cost optimization.
  • Align regional roadmaps with global and local technology and analytics teams.
  • Ensure timely delivery of the CRS product roadmap for Canada.

GTM Execution

  • Act as domain expert for the Canada credit market.
  • Lead Solutions Consulting to support sales and pipeline growth.
  • Drive sector-specific GTM plans and ensure sales enablement.
  • Ensure compliance with local and global regulations.

The expected pay range for this position is $210,000 - $316,000 annually. The payinformation provided for this position reflects a reasonable estimate of the range of expectedcompensation for this job. At TransUnion, actual compensation is based on careful consideration ofmany factors such as (but not limited to) an individual's education, training, work experience, job related skill set, location, and industry knowledge, as well as the scope and responsibilities of theposition and market considerations. In addition, variable compensation is based on applicable companyguidance and plan documents as well as performance.

This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.

This job posting is for an existing vacancy. The opening is to backfill a previously held position.

Accommodation is available, including for applicants with disabilities, in accordance with applicable laws.

TransUnion's Internal Job Title:

Sr Director, Solutions Consulting

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