Credit Analyst

Is this role right for you?

In this role you will:

• Generate, modify, and interpret various reports to identify accounts that pose credit and market risk to the firm as well as violate industry and firm policies
• Answer inquiries, explain policies and procedures, approve orders above set limits, update relevant information, and provide guidance to Online Brokerage staff, internal departments, and clients
• Implement and remove trading and banking restrictions in margin, cash, and registered accounts, based on thorough analysis of account and trading patterns and activity
• Monitor market activity for security price fluctuations and evaluate accounts holding the position and take any corrective action necessary
• Liquidate and purchase securities as required
• Identify and update securities with incorrect loan values in multiple systems and applications
• Investigate non-routine problems and discrepancies to determine risk and exposure and make decisions to minimize financial impact
• Issue and follow up approximately two hundred margin call notices daily and manage similar number of cash-based accounts
• Analyze and scrutinize large daily and weekly reports and action before the markets close each day
• Approve various type of payments (wires, abb’s, eft’s, cheque, transfers etc.)
• Complete sundry duties as assigned

Do you have the skills that will enable you to succeed in this role? – We’d love to work with you if you have:

• A minimum of 3 to 5 years direct relevant investment industry experience, preferably with a CIRO member firm, in a relevant functional area (e.g., trading, operations, sales, audit)
• College Diploma or University Degree
• Licensed as an Investment Representative (IR) through CIRO is required
• Licensed as an Investment Representative (IR) with Options through CIRO is required
• Expert level of market knowledge, policies and procedures for decision making and education of support areas
• Strong Computer skills including knowledge of Thomson One, Bloomberg, and MS Office (Outlook, Excel, Access, Word)
• Excellent people and problem-solving skills
• Strong time management and teamwork skills to accurately accomplish specific tasks within strict deadlines
• Effective verbal and written communication skills
• Excellent analytical skills, sound business judgment, and creativity