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Entry Level Credit Risk Analyst Jobs in Toronto, ON

The primary function of this position includes performing IFRS 9 Expected Credit Loss (ECL) Analysis and Forecasting for TD Canadian Retail Credit Products. The role works closely with Retail Risk ...

Solid understanding and knowledge of credit risk processes, credit risk analytics, risk rating methodologies, risk managementpoliciesand risk management organization structures * Significant ...

Risk Analyst I

Toronto, ON · Hybrid

CA$57K - CA$98K/yr

Title: Risk Analyst I Company: Everest Global Services, Inc. Job Category: Risk Management Risk ... Support Credit and Surety accumulation monitoring processes, including data preparation, validation ...

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.

New

Credit Analyst II

Burlington, ON · On-site

CA$81K - CA$115K/yr

Lead all aspects of analysis for assigned portfolios * Utilize sales platform to build a robust ... Assess credit risk in compliance with applicable internal and external requirements (e.g. financial ...

Lead all aspects of analysis for assigned portfolios * Utilize sales platform to build a robust ... Assess credit risk in compliance with applicable internal and external requirements (e.g. financial ...

New

Credit Controller

Uxbridge, ON · Hybrid

£30K - £42K/yr

Accounts Receivable Specialist, Sales Ledger Clerk, Debt Collection Specialist, Credit Control Administrator, Income Officer, Credit Risk Analyst, Credit Analyst, Financial Compliance Analyst, Senior ...

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Entry Level Credit Risk Analyst information

See Toronto, ON salary details

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How much do entry level credit risk analyst jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for entry level credit risk analyst in Toronto, ON is $30.05, according to ZipRecruiter salary data. Most workers in this role earn between $16.75 and $37.39 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the entry level credit risk analyst position, and why are they important?

To thrive as an Entry Level Credit Risk Analyst, you need strong analytical and quantitative abilities, a bachelor's degree in finance, economics, or a related field, and a keen attention to detail. Familiarity with Excel, financial modeling tools, and risk assessment software, as well as knowledge of databases and possibly SAS or Python, is often required. Excellent communication, time management, and problem-solving skills help you interpret data and present findings effectively. These skills ensure accurate risk evaluations, sound decision-making, and effective collaboration within credit risk teams.

What does an entry level credit risk analyst do?

An Entry Level Credit Risk Analyst evaluates financial data to assess the creditworthiness of individuals or businesses. They analyze credit reports, financial statements, and payment histories to identify potential risks. Their role supports risk management strategies by helping companies make informed lending or investment decisions. Additionally, they may assist in maintaining risk models and ensuring compliance with internal policies and industry regulations. Strong analytical skills, attention to detail, and proficiency in financial tools are essential for success in this role.

What are popular job titles related to Entry Level Credit Risk Analyst jobs in Toronto, ON? For Entry Level Credit Risk Analyst jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Entry Level Credit Risk Analyst jobs in Toronto, ON look for? The top searched job categories for Entry Level Credit Risk Analyst jobs in Toronto, ON are:

Analyst III, Counterparty Credit Risk

Liberty Utilities Co.

Oakville, ON • Hybrid

CA$90K - CA$120K/yr

Full-time

Medical, PTO

Re-posted 25 days ago


Liberty Utilities rating

7.4

Company rating: 7.4 out of 10

Based on 25 frontline employees who took The Breakroom Quiz


Job description

Algonquin Power & Utilities Corp. (AQN), parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, reliable, and cost-effective energy and water solutions through our portfolio of utility investments to over one million customer connections, largely in the United States and Canada.

 

At Algonquin, our vision is to be the most trusted utility service provider in North America - a premium regulated utility, known for our customer focus, commitment to sustainability, and strong community partnerships. Our employees are at the heart of that vision. We believe that when people are empowered to learn, grow, and contribute their ideas, we can achieve remarkable results together.

 

We are building a culture that values integrity, inclusivity, and innovation. By joining Algonquin, you'll be part of a team that is shaping the future of energy and water, while creating long-term value for our customers, communities, employees, and shareholders.

Purpose

The Senior Credit Analyst supports Algonquin Power & Utilities Corp.'s and its Subsidiaries Treasury function by conducting advanced credit risk assessments, monitoring and reporting counterparty exposure, and ensuring compliance with internal credit policies and governance framework. The role provides analytical insights on counterparties to support financing activities, commodity trading, capital markets transactions, and vendor/customer credit decisions. This role provides subject matter expertise, supports risk governance and decision making, and contributes to the ongoing development of counterparty credit risk frameworks, limits, and controls
This position enhances the company's financial risk management framework by evaluating creditworthiness, recommending, reporting and monitoring credit limits, and supporting treasury operations with highquality analysis and reporting.

#LI-Hybrid

Accountabilities
  • Perform detailed credit analysis of counterparties using financial statements, ratios, cashflow analysis, and qualitative risk factors.
  • Assign and recommend internal risk ratings and exposure limits in accordance with approved credit risk policies.
  • Conduct ongoing surveillance of counterparty portfolios and identify emerging risks, trends, or limit exceptions.
  • Assess credit risk associated with new counterparties, products, transactions, and business initiatives.
  • Prepare clear, concise credit risk reports and presentations for senior management and risk or credit committees.
  • Track, document, and support governance actions, including limit approvals, exceptions, and remediation plans.
  • Support internal and external audits and regulatory reviews related to counterparty credit risk.
  • Lead exposure monitoring and reporting, collateral management, and compliance with credit policies
  • Support capital planning an procurement activities by assessing counterparty strength.
  • Communicate credit findings to internal teams (Treasury, Finance, Procurement, Energy Trading, Legal, Risk and Audit); to resolve credit issues, limit excesses or structural mitigants.
  • Collaborate with external partners such as rating agencies, banks, and counterparties, as required
  • Influence decisionmaking through clear, datadriven recommendations.
  • Partner with business teams on onboarding new counterparties and reviewing changes to existing relationships.
  • Develop, maintain and distribute supplement to any Credit Application form that Algonquin and Subsidiaries may need to complete to obtain counterparty credit, and assist key stakeholders as required in any workstream where Algonquin and Subsidiaries is applying for Credit from a Third Party  
  • Contribute to the development and enhancement of counterparty Credit Risk Policy, processes, methodologies, and monitoring tools
  • Support implementation of new systems or enhancements to credit monitoring frameworks
  • Leverage use of A.I. tools in uploading any required data into Algonquin and Subsidiary Credit Assessment tolls to ensure a more efficient process.
Education and Experience
  • University Degree or equivalent 
  • Excellent financial statement analysis and credit assessment skills
  • Strong experience with credit assessment methodologies
  • Excellent excel modelling capability
  • Familiarity with utility, energy, or infrastructure sectors an asset
  • Proficiency with Excel, financial modeling, and treasury systems
  • CPA or progress toward designation considered an asset 
Compensation Data


Full base salary range $90,000.00- $120,000.00 per year*Liberty considers several factors when extending an offer, including but not limited to, the role and responsibilities, a candidate's work experience, education, training and skills, and geographic location.

Our purpose is sustaining energy and water for life, and it is demonstrated in everything we do as a business and as an employee team.

Our Mission

We provide safe, secure, reliable, cost-effective and sustainable energy and water solutions. Our mission is how we create value as an organization-it is what drives us every day to fulfill our purpose.

Our Vision

We better the lives of our customers and communities. Our vision is what we see as possible. It's where we aspire to be, what we want to achieve and how we'll make an impact. It guides and keeps us on the right path as we work towards fulfilling our purposes.

Our Guiding Principles

  • Customer Centric
  • Integrity
  • Entrepreneurial
  • Teamwork
  • Owner mindset
  • Outcome focused
  • Continuous learning

What we offer 

Collaborative environment with a genuine flexible working policy

Share purchase/match plan

Leadership Development Program

Volunteer paid days off

Employee Assistance Program

Achievement fund

Group Benefit Plan

Variety of Health & Wellness programs

Discount and Perks program

We are focused on building a diverse and inclusive workforce.  If you are excited about this role and are not confident you meet all the qualification requirements, we encourage you to apply to investigate the opportunity further.

We are an equal opportunity employer and value each person's unique background, diversity, experiences, perspectives and talents.

Full participation of all employees in a safe, healthy and respectful environment is key to individual and company success. We are committed to fully utilizing the abilities of all our employees and expect each of our employees to honour this commitment in their daily responsibilities.


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