Credit Analyst, Funds & Corporate

Corpay•Toronto, ON

3d•Hybrid

About The Position

Corpay is currently looking to hire a Credit Analyst for Funds and Corporate within our Credit division. This position falls under our Cambridge line of business and is located in Toronto, Canada. This hybrid role combines institutional fund underwriting with corporate credit analysis, offering a unique opportunity to assess diverse client segments. In this role, you will be responsible for underwriting Funds (FI) clients, performing corporate credit underwriting, and ensuring adherence to the Company’s underwriting standards and risk policies. You will regularly collaborate with key business partners across Sales, Compliance, Legal, Finance, Treasury, and Operations. You will report directly to Head of Group Credit and regularly collaborate you’re your team and other departments.

Requirements

Minimum of 2+ years of experience with a Bachelor’s degree in Finance, Economics, Accounting, or Business Administration (Master’s preferred).
Proven experience in underwriting and credit risk management, ideally covering both Funds (FI) and corporate clients.
Experience with regulatory compliance in underwriting and a strong understanding of legal and compliance considerations related to Fund structures.
Excellent financial analysis, critical thinking, and decision-making skills.
Strong written and verbal communication skills, with the ability to present complex information clearly.
Highly detail-oriented with strong organizational abilities and the capacity to work under pressure.

Nice To Haves

Professional designations such as CFA, CA, or FRM are strong assets.
Experience in Foreign Exchange (FX) or financial markets is a significant advantage.

Responsibilities

Performing underwriting for Fund (FI) clients and corporate clients across multiple jurisdictions.
Assessing and analyzing financial statements, fund structures, management quality, and other credit factors to determine overall risk and creditworthiness.
Preparing well-reasoned credit recommendations and, where authorized, approve credit within assigned limits.
Ensuring all underwriting decisions comply with internal underwriting guidelines, regulatory expectations, and risk policies.
Monitoring existing portfolios to ensure ongoing compliance and identify emerging risks.
Conduct portfolio analyses to identify concentration risks, performance trends, and credit deterioration.
Developing and recommending remediation plans for higher-risk exposures.
Preparing clear, comprehensive credit memos, portfolio reviews, and presentations for senior management.
Working closely with Sales, Compliance, Legal, Operations, IT, Treasury, and Finance to ensure seamless deal execution and alignment with risk objectives.
Supporting Credit Manager with risk-related decisions, exceptions, and complex deal structures.
Staying current on industry trends, market conditions, regulatory developments, and macroeconomic events impacting credit risk.
Recommending improvements to underwriting processes, tools, and best practices to enhance risk assessment quality and operational efficiency.