Job Description
Company Overview:
Great-West Lifeco is a leading financial services holding company in Canada, with a strong presence in the banking and finance industry. Our company is committed to providing innovative financial solutions to help individuals achieve their financial goals and secure their futures. With a rich history and a reputation for excellence, Great-West Lifeco is dedicated to fostering a dynamic and inclusive work environment where employees can thrive and grow in their careers.
Key Responsibilities For Credit Analyst:
- Conduct thorough credit analyses of loan applications and assess the creditworthiness of borrowers.
- Evaluate financial statements, credit reports, and other relevant documentation to make informed lending decisions.
- Prepare detailed credit reports and recommendations for approval or rejection of credit applications.
- Monitor and review existing credit accounts to identify potential risks and recommend appropriate actions.
- Collaborate with internal teams to ensure compliance with regulatory requirements and company policies.
- Stay updated on market trends, economic developments, and industry best practices related to credit analysis.
Required Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Proven experience as a Credit Analyst in the banking or financial services industry.
- Strong analytical skills with the ability to interpret complex financial data.
- Excellent knowledge of credit risk assessment techniques and financial modeling.
- Proficiency in using financial analysis software and tools.
- Sound understanding of regulatory requirements and compliance standards in the Canadian financial sector.
Desired Skills:
- Professional certification such as a Chartered Financial Analyst (CFA) or Certified Credit Professional (CCP) is an asset.
- Experience in commercial lending or mortgage underwriting.
- Strong communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
- Ability to work under pressure and meet tight deadlines while maintaining accuracy and attention to detail.
Compensation & Benefits:
The annual salary range for the Credit Analyst position at Great-West Lifeco in Hamilton, Ontario, Canada is between $60,000 to $80,000 CAD, commensurate with experience and qualifications. In addition to competitive pay, we offer a comprehensive benefits package that includes health and dental coverage, retirement savings plans, professional development opportunities, and a supportive work environment.
How to Apply:
To apply for the Credit Analyst position at Great-West Lifeco, please submit your resume and cover letter through our company website career portal. Only shortlisted candidates will be contacted for further evaluation. We thank all applicants for their interest in joining our dynamic team dedicated to excellence in financial services.
Required Skills
- GAAP
- Financial reporting
- Month-end close
- Reconciliations