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Relay Financial

Online banking platform for small businesses

Credit Risk Analyst

Retail & Commercial BankingPosted on Nov 9
Full-timeToronto, ON, CanadaCA$72.9k - CA$89.1k /yrHybrid

About the Job

Requirements

  • Experience performing manual commercial credit underwriting at a corporate or commercial card issuer.
  • Strong financial statement analysis skills, including spreading statements and defending credit limits using balance sheet, income statement, and liquidity information.
  • Experience using AI and data tools to improve underwriting or portfolio monitoring.
  • Ability to explain credit decisions and limits to sales partners and maintain customer relationships.
  • Ability to identify needed work and take initiative without waiting for queued assignments.

Responsibilities

  • Manually underwrite the largest customers by reviewing business and financial risk, spreading income statements and balance sheets, and setting credit limits.
  • Build AI-assisted monitoring for financial and qualitative portfolio risk signals.
  • Review existing customers without a card to create sales pre-approval lists and support cross-selling.
  • Explain credit decisions, address requests for higher limits, and join customer conversations when financial documentation is needed.
  • Maintain credit policy alignment with the funding partner and update policy as the portfolio grows.
  • Handle charge card escalations from Customer Experience concerning documentation requests, decline reasons, and credit questions.
  • Identify and build needed credit processes, reports, and tools.

Desired Qualifications

  • SQL, especially Snowflake.
  • Experience spreading financial statements using Heron or a similar tool.
  • Familiarity with S&P or Moody's financial statement models and business credit bureaus.
  • Experience as a risk partner embedded with a sales team.

About the Company

Relay Financial

Online banking platform for small businesses

RelayFi offers an online banking platform for small businesses that consolidates ACH transfers, wires, checks, and payouts from PayPal, Stripe, and Square into one interface to track cash flow. It automates income tracking, expense management, and bookkeeping, saving time for owners. RelayFi partners with Thread Bank to hold deposits with FDIC insurance up to $3,000,000 via a deposit sweep, and offers APYs of 1.00%–3.00%. The service runs on a subscription model, earning revenue from fees and potential partner arrangements, with the goal of simplifying business banking and helping small businesses focus on growth.

Company size
201-500
Company stage
Growth Equity (Venture Capital)
Total funding
$101.6M
Headquarters
Toronto, Canada
Founded
2018

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