Working for this leading global commodity trading firm based in the City of London, who offer Hybrid working and excellent benefits, as a Credit Analyst you will be responsible for conducting, developing and improving the credit risk management function of the firm
The successful candidate will have proven experience across Physical and Derivatives commodities trading and financing focusing on precious and base metals, energy and bulk commodities. Understanding of Market risk would be highly beneficial but not essential
JOB FUNCTION
- Generating and managing credit risk applications for new and existing credit clients and internal credit risk rating procedure.
- Monitoring the firm's credit risk exposure on counterparties and providing analytical expertise to support day to day operations of the front desk.
- Developing relationships with the risk management departments of counterparties and ongoing diligence and monitoring of their credit status.
- Maintaining and improving internal controls and operations regarding risk management.
- Supporting business development initiated by the front desk through due diligence calls and occasional in-person visits.
- Development and monitoring of market risks associated with different commodities traded (preferred).
KEY RESPONSIBILITIES
- Support the front desk for controlling risk and enhancing profit through conducting analysis and assessment of risks (credit risk and market risk etc.), making suggestions and proposing appropriate solutions to the front desk and managements.
- Confirm and publish credit risk exposure reports and support the front desk to control credit exposure within approved limits.
- Develop and manage human network with a person/people in financial area of existing counterparties and monitor their credit status constantly. The scope also includes customer visits in relation to credit risk management matters.
- Assist manager of Risk Management in updating, amending and improving internal policies and rules of the firm adapting to the latest situation of the business and operations.
- Support the front desk for applying for credit limits and internal credit rating by documenting and handling applications that require approval both locally and by HQ.
- Advise and support regional offices in credit risk management related matters and individual/comprehensive credit applications.
- Take a supporting role to encourage improving operational processes of monitoring by automation with respect to risk management with colleagues across sections.
ESSENTIAL EXPERIENCE REQUIRED
- Knowledge of precious and base metals, energy and bulk commodities
- Experience of credit risk analysis experience gained in a commodity trading company or financial institution.
- Experience of market risk analysis preferred.
- Experience of liaising with Traders/Front Office within a multinational environment.
- Degree qualified in Business, Economics, Finance or Accounting