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Credit Risk Jobs in Ontario (NOW HIRING)

REV Capital

Credit Risk Analyst

Concord, ON

CA$70K - CA$90K/yr

Credit Risk Analyst We are Building Our Talent Pipeline! REV Capital is seeking a Credit Risk Analyst to play a pivotal role in maintaining the financial stability and growth of our organization ...

goeasy

Risk Analyst (Credit Risk)

Mississauga, ON · On-site

CA$70K - CA$82K/yr

Perform analysis leading to credit strategy optimization, including but not limited to customer risk segmentation development that improves the portfolio's risk-reward profile. * Forecast, track and ...

goeasy

Risk Analyst (Credit Risk)

Mississauga, ON

CA$70K - CA$82K/yr

Perform analysis leading to credit strategy optimization, including but not limited to customer risk segmentation development that improves the portfolio's risk-reward profile. * Forecast, track and ...

Td

Analyst, Credit Risk Policy

Toronto, ON · On-site

CA$69K - CA$98K/yr

An Analyst within the Credit Policy Reporting team will primarily be focused on analysis, reporting, and monitoring of risk exposures ensuring that they are in accordance with established policy ...

PwC

Credit Risk Modelling Senior Associate

Toronto, ON · Hybrid

CA$73K - CA$122K/yr

As part of the team, you'll help with credit risk modeling, model risk management as well as AI/ML/GenAI modeling for financial institutions. Meaningful workyou'llbe part of As a Credit Risk ...

CIBC

Director, Wealth Credit Risk

Toronto, ON · Hybrid

Credit risk management oversight - Leading the day-to-day credit adjudication function, ensuring adjudication decisions are consistent, well reasoned, and aligned with established credit risk ...

CIBC US

Director, Wealth Credit Risk

Toronto, ON · Hybrid

Credit risk management oversight - Leading the day-to-day credit adjudication function, ensuring adjudication decisions are consistent, well reasoned, and aligned with established credit risk ...

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Credit Risk information

What is credit risk and what does a credit risk professional do?

Credit risk refers to the possibility that a borrower or counterparty will fail to meet their financial obligations, such as repaying a loan or making payments on time. Credit risk professionals analyze financial data, assess the creditworthiness of individuals or companies, and help set lending policies to minimize potential losses for banks or financial institutions. They use various models and tools to evaluate risk, monitor existing loans, and recommend strategies to mitigate exposure. Their work is essential for maintaining the financial health and stability of lending organizations.

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 statements, and a background in finance, economics, or a related field, often supported by a relevant degree or certification (such as FRM or CFA). Familiarity with risk assessment tools, financial modeling software, and credit rating systems is typically required. Attention to detail, critical thinking, and effective communication are essential soft skills for interpreting data and presenting risk assessments to stakeholders. These skills and qualities are crucial for making informed decisions that minimize financial losses and ensure sound lending practices.

What are some typical challenges faced by professionals in credit risk roles, and how can they be addressed?

Credit risk professionals often encounter challenges such as assessing the creditworthiness of new and existing clients, keeping up with rapidly changing market conditions, and managing large volumes of data to make informed decisions. To address these, it's important to stay updated on industry trends, develop strong analytical and communication skills, and leverage advanced risk assessment tools. Collaborating closely with colleagues in underwriting, sales, and compliance teams also helps ensure well-rounded risk evaluations and consistent application of policies.

What is the difference between Credit Risk vs Credit Analyst?

AspectCredit RiskCredit Analyst
Primary FocusAssessing the likelihood of borrower default to manage overall credit riskAnalyzing credit data to determine creditworthiness of individual applicants
Work EnvironmentRisk management teams, financial institutions, credit departmentsBanking, lending institutions, financial services
Required CredentialsOften requires risk management certifications, finance degreesFinance or accounting degrees, certifications like CFA or credit-specific courses

While both roles involve understanding credit, Credit Risk focuses on managing the overall risk exposure of an organization, whereas a Credit Analyst evaluates individual credit applications to determine approval. Both roles are essential in the lending process but differ in scope and responsibilities.

Do you need a degree to be a credit risk analyst?

A degree is often preferred for credit risk analyst positions, with many employers seeking candidates with a bachelor's degree in finance, economics, or related fields. However, some roles may accept relevant work experience or certifications like the Financial Risk Manager (FRM) in lieu of a degree. Strong analytical skills and knowledge of credit analysis tools are also important for this role.

How to start a career in credit risk?

To start a career in credit risk, obtain a bachelor's degree in finance, economics, or a related field, and develop strong analytical and quantitative skills. Gaining experience through internships or entry-level roles in banking, finance, or risk management helps build relevant expertise, and earning certifications like the Financial Risk Manager (FRM) can enhance job prospects.

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 jobs in Ontario?

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

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

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

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

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

What cities in Ontario are hiring for Credit Risk jobs?

Cities in Ontario with the most Credit Risk job openings:

Credit Risk jobs near you
Infographic showing various Credit Risk job openings in Ontario as of August 2026, with employment types broken down into 77% Full Time, and 23% Part Time. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution.

Credit Risk Analyst

Concord, ON

REV Capital
See more jobs at REV Capitalexternal

CA$70K - CA$90K/yr

Full-time

Medical, Dental, Vision

Posted 9 days ago

Job description

Credit Risk Analyst

We are Building Our Talent Pipeline!

REV Capital is seeking a Credit Risk Analyst to play a pivotal role in maintaining the financial stability and growth of our organization through meticulous credit assessment and risk management practices. The Credit Risk Analyst will report to the Director of Credit and Underwriting and collaborate with cross-functional teams.

About REV Capital:

Cash flow restrictions are a universal challenge for B2B business owners.AtREV Capital, the leading North American provider of full-service factoring, we help our clients bridge that gap and grow sustainably.


How does invoice factoring work?

A business sells its unpaid invoices to a third-party company (known as a 'factor') at a discounted rate, receiving up to 98% of their invoice value immediately. The factor then handles collections and underwriting, so the business owner no longer needs to worry about net terms or chasing payments from their customers.

The result? Business owners can reinvest time and cashflow into their operations, helping them grow, stay competitive, and become industry leaders.

Want to learn more about the value of factoring? Here's a practicalbreakdownby Loren, our CEO.

Our team at REV is passionate about helping others. We embrace diversity and inclusivity, offering a flexible environment where professional and personal growth happens - just like with the hundreds of clients we support daily.

Ready to make an impact?Let's explore the difference you can make on our team!


Responsibilities:

  • Evaluate and analyze financial statements, credit reports, and other pertinent information to assess the risk of complex accounts.
  • Conduct in-depth assessments of clients' creditworthiness and financial stability.
  • Ensure all underwriting activities comply with PPSA and UCC regulations.
  • Draft, review, and prepare financing statements, and other relevant documents under PPSA and UCC guidelines.
  • Underwrite and review new client applications to establish their acceptability as investments for the Company; Negotiate the terms and conditions with the client while ensuring adherence to REV Capital policies and guidelines.
  • Evaluate portfolios nearing maturity to determine their continued suitability as investments for the Company.
  • Prepare and submit renewal applications for approval; Negotiate repayment or revised terms and conditions for portfolios deemed unacceptable.
  • Review cost consultant reports and prepare funding requests
  • Underwrite new and renewal business submissions ensuring proper risk selection, endorsements and pricing while adhering to underwriting authority.
  • Independently establish and maintain effective relationships with brokers and generate opportunities.
  • Attend and actively engage in client meetings, come prepared with well researched questions and communicate effectively with the client.
  • Generate detailed reports on underwriting activities, risk assessments, and portfolio performance for senior management.
  • Collaborate with the Sales team to understand client needs and offer tailored underwriting solutions.
  • Work closely with Legal and Compliance teams to ensure all processes adhere to regulatory standards.
  • Assist in the development of long and short-term underwriting strategic plans and executes on those objectives.
  • Perform file audits of individual risks for compliance with company guidelines and conditions.
  • Stay informed and up to date on any changes, trends, news, and legal developments.
  • Assist with ad hoc requests as needed.

Qualifications:

  • Bachelor's degree in finance, Economics, Business Administration, or a related field.
  • 4-7 years of B2B credit underwriting or credit risk experience, preferably in financial services, factoring, commercial lending, or a related industry.
  • Strong experience analyzing financial statements, credit reports, and other financial information to assess creditworthiness and risk.
  • Experience using commercial credit reporting agencies such as D&B and Equifax.
  • Strong understanding of credit analysis, underwriting principles, and risk assessment methodologies.
  • Experience underwriting new and renewal B2B business, including evaluating risk and recommending appropriate terms and conditions.
  • Knowledge of PPSA and UCC regulations is an asset.
  • Strong analytical, quantitative, communication, negotiation, and decision-making skills, with the ability to communicate effectively with clients and internal stakeholders.
  • Proficiency in Microsoft Office, particularly Excel, and the ability to work independently in a fast-paced, dynamic environment.
  • Nice to have: Experience in factoring, transportation, fraud analysis, or asset-based lending.
    What We Offer:
  • Competitive compensation of $70,000-$90,000
  • Employer matching RRSP - DPSP program
  • Flexible work schedule
  • Growth and development opportunities
  • Excellent extended medical, dental, and vision benefits plan that is 100% employer paid

Let your journey at REV Capital begin!

Apply