Position Summary:The Credit Risk Specialist is responsible for conducting independent financial analysis, credit risk assessments, and portfolio monitoring activities that support Infrastructure Ontario's commercial lending program. The role contributes to prudent lending decisions through the evaluation of borrower financial information, project risks, loan structures, covenant compliance, and repayment capacity. The position prepares credit analysis, credit memorandums, portfolio reviews, and risk reporting materials while supporting governance, policy implementation, and continuous improvement initiatives. Working closely with internal stakeholders, the role helps ensure the consistent application of sound credit risk management practices across the lending portfolio.
What You Will Do: - Conduct financial analysis and credit assessments for new loan applications, annual reviews, amendments, waivers, and other credit requests.
- Assess borrower financial statements, cash flows, repayment capacity, business plans, and project risks to support credit adjudication activities.
- Prepare financial models, credit memorandums, and risk-based recommendations that support informed lending decisions.
- Monitor borrower performance, covenant compliance, and portfolio risk indicators to identify emerging risks and recommend appropriate actions.
- Prepare annual reviews, portfolio monitoring reports, sector analysis, and credit risk reporting for management and governance purposes.
- Research economic, market, and industry trends affecting borrowers and lending sectors.
- Support the enhancement of credit policies, procedures, methodologies, templates, and analytical tools.
- Collaborate with Lending, Legal, Treasury, Finance, and Loan Operations teams to support effective risk management and portfolio oversight.
Who You Are: - Knowledge of commercial lending principles, credit adjudication practices, and credit risk management methodologies.
- Strong financial analysis capabilities, including financial statement analysis, cash flow analysis, ratio analysis, and risk assessment.
- Ability to evaluate complex financial, operational, and business risks and develop well-supported recommendations.
- Understanding of loan structures, covenant monitoring, portfolio management, and risk mitigation techniques.
- Strong written communication skills with the ability to prepare clear, concise, and well-organized analytical reports and credit memorandums.
- Exceptional attention to detail combined with sound judgment and critical thinking skills.
- Ability to manage multiple priorities while maintaining accuracy in a fast-paced environment.
- Knowledge of infrastructure finance, municipalities, commercial real estate, healthcare, affordable housing, energy, or project-based financing sectors would be considered an asset.
What We Offer: - Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
- A Defined Contribution Pension Plan, with Infrastructure Ontario contributing the equivalent of 5% of a full-time employee's annual salary and will also match any employee contribution up to an additional 5% of their annual salary. To provide further options for planning and saving for the future, IO offers a Group Retirement Savings Plan and Group Tax Free Savings Account to eligible employees.
- A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
- A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
- Access to our $1000 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
- Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues' well-being. IO will also cover the costs associated with up to two membership and licence fees per year for eligible colleagues if directly related to the employee's role.
- Access to a suite of virtual healthcare options to support non-urgent medical needs
- A convenient, central location at 1 Dundas St West, easily accessible by public transit.
We offer a competitive hiring range of
$100,700 to $111,300 (
P4 level), pay will align with skills, knowledge and experience of the candidate.
This posting will close on
August 17, 2026 at
11:59 pm. Interviews will occur on a rolling basis until the role is filled.
After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.
