Credit Risk Analyst

Job summary

Support credit underwriting for new and existing borrowers by analyzing financial and company information, identifying risks and mitigants, and preparing accurate credit memoranda and approval packages. Manage credit systems, documentation, approval workflows, annual reviews, and coordination among business teams and credit adjudicators.

Job details

Application Deadline: 10/19/2026 Address: 250 Yonge Street Job Family Group: Customer Solutions #bmoinsurance The Credit Risk Analyst plays a critical role in supporting the end-to-end credit underwriting and approval process for new and existing credit names. The successful candidate will support the Credit Analysts in the CIO office, as well as work closely with Credit Risk Officers, Relationship Managers, Deal Specialists, and other teams to facilitate borrower onboarding, prepare high-quality credit memoranda, manage credit-related systems and documentation, and ensure timely completion of approval requirements for credit facilities. This role requires strong analytical skills, attention to detail, and the ability to coordinate across multiple stakeholders to support effective credit decision-making and portfolio growth. Key Responsibilities Credit Underwriting Support and Credit Memorandum Preparation Support the underwriting of new credit names to support the investments of fixed income products, mainly public bonds. Gather, organize, and analyze company information, financial information, ratings reports, and other due diligence information required for credit assessments. Conduct preliminary credit analysis, including review of financial statements, industry information, borrower credit metrics, and credit risk assessment. Assist in identifying key risks, mitigants, for credit facilities. Coordinate with business partners to ensure all required information is obtained in a timely manner. Draft and prepare comprehensive credit memoranda and approval packages for submission to Credit Risk. Ensure accuracy, consistency, and completeness of credit documentation. Incorporate feedback from relationship teams and credit adjudicators into final approval packages. System and Workflow Management Manage required data entry and maintenance across credit and loan origination systems. Facilitate borrower setup and credit facility configuration within internal platforms. Ensure all system records align with credit approval documents and supporting analysis. Ensure alignment of credit package with all internal credit policies, including risk rating methodology and internal limits. Upload, maintain, and organize supporting documentation in document management systems. Monitor workflow status and follow up on outstanding actions required for credit approval. Monitor timeline of and prepare annual reviews of existing credit facilities. Be the point of contact for operational and system issues relating to credit risk underwriting. Credit Approval Coordination Coordinate the submission of credit requests to Credit Risk. Track credit approval progress and manage communication between business teams and credit adjudicators. Respond to information requests and approval conditions raised during the adjudication process. Process Improvement and Governance Support adherence to credit policies, procedures, and regulatory requirements. Maintain strong controls over data quality and document integrity. Identify opportunities to improve efficiency in underwriting, onboarding, and approval workflows. Assist with portfolio reporting, audits, and ongoing credit administration activities as required. Qualifications Education Undergraduate degree in Finance, Accounting, Economics, Business Administration, or a related discipline. Experience 1-3 years of experience in commercial banking, credit analysis, underwriting, loan administration, risk management, or financial services. Exposure to commercial lending, corporate banking, private credit, or credit adjudication processes is preferred. Technical Skills Strong financial statement analysis and credit assessment skills. Experience preparing credit applications, credit memoranda, or lending approval packages. Proficiency in Microsoft Excel, PowerPoint, and Word. Experience working with credit workflow, loan origination, documentation, or portfolio management systems is an asset. Strong attention to detail and ability to manage multiple priorities simultaneously. Competencies Strong analytical and problem-solving skills. Excellent written and verbal communication abilities. Ability to work effectively in a fast-paced, deadline-driven environment. Strong organizational and stakeholder management skills. High degree of accountability and attention to accuracy. Salary: $55,000.00 - $115,000.00 Pay Type: Salaried The above represents BMO Financial Group’s pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position. BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset. To find out more visit us at https://jobs.bmo.com/ca/en. BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter. Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

What you’ll do

Support credit underwriting for new and existing borrowers by analyzing financial and company information, identifying risks and mitigants, and preparing accurate credit memoranda and approval packages. Manage credit systems, documentation, approval workflows, annual reviews, and coordination among business teams and credit adjudicators.

Requirements

An undergraduate degree in finance, accounting, economics, business administration, or a related discipline is required, along with 1–3 years of relevant experience in credit, banking, underwriting, loan administration, risk management, or financial services. Candidates should have strong financial analysis and credit assessment skills, experience preparing credit applications or memoranda, proficiency in Microsoft Office, and strong organizational, communication, and stakeholder coordination abilities.

Benefits

• Health Insurance
• Tuition Reimbursement
• Accident Insurance
• Life Insurance
• Retirement Savings Plans
• Performance-Based Incentives
• Discretionary Bonuses

Listed skills

• Financial analysis · Preferred
• Microsoft Excel · Preferred
• Microsoft Word · Preferred
• Stakeholder Management · Preferred
• written communication · Preferred
• Problem solving · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Financial Statement Analysis
• Credit Assessment
• Credit Underwriting
• Credit Memorandum Preparation
• Financial Analysis
• Risk Assessment
• Microsoft Excel
• Microsoft PowerPoint
• Microsoft Word
• Credit Workflow Management
• Loan Origination Systems
• Document Management
• Data Quality Control
• Stakeholder Management
• Written Communication
• Problem-Solving
• Credit Risk
• Private Credit
• Credit Policies
• Accountability
• Workflow Management
• Ability To Meet Deadlines
• Commercial Lending
• Loan Administration
• Analytical Skills
• Accounting
• Adjudication
• Auditing
• Underwriting
• Business Administration
• Commercial Banking
• Investments
• Decision Making
• Communication
• Credit Analysis
• Data Entry
• Data Quality
• Document Management Systems
• Due Diligence
• Economics
• Economic Growth
• Finance
• Financial Services
• Financial Statements
• Fixed Income
• Governance
• Health Insurance
• Problem Solving
• Loan Origination
• Risk Management

Job areas

• Finance & Accounting
• Data & Analytics
• Administrative
• Credit Risk Analyst
• Risk Consultant
• Management and Organization Analysts
• Financial Risk Specialists

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