At a Glance
- Tasks: Analyse credit risk and advise on counterparty assessments in a dynamic trading environment.
- Company: Join Glencore, a leading global commodities trading company with a strong reputation.
- Benefits: Enjoy competitive pay, opportunities for growth, and a vibrant workplace culture.
- Why this job: Be part of a fast-paced team making impactful decisions in the commodities market.
- Qualifications: Degree in finance and 1-5 years of credit risk experience required.
- Other info: Ideal for self-motivated individuals eager to learn and thrive in a collaborative setting.
The predicted salary is between 36000 - 60000 £ per year.
London, UK
Permanent
Glencore’s Credit Risk department are seeking a self-motivated and driven Junior Credit Analyst with expert understanding and application of credit risk analysis and management in the context of a fast-paced commodities trading environment.
In details, the position encompasses duties and responsibilities as follows:
- Assess and provide advice to the business on counterparty risk.
- Recommend internal limits, security instruments, payment and credit terms.
- Monitor and manage credit and performance risk exposure including analysing and resolving breaches, reporting non-performing counterparties and adverse credit events.
- Perform detailed credit analysis in co-ordination with the Global Underwriting Team.
- Discuss and advise on various Credit mitigation instruments working with Trade Finance.
- Engage with Front, Middle and Back-offices functions on a regular basis to resolve credit related issues.
- Work with Operations, Financial Operations and Front Office to chase and support recovery of late payments
- Supplement analysis to develop an assessment of client, competitor/ industry risks and trends.
- Ensure compliance with the internal credit policy & procedures.
The ideal candidate disposes of:
- Educated with a degree in finance or other applicable subject.
- 1-5 years’ experience in Credit Risk (1 year minimum within commodities).
- Strong fundamental commodities market knowledge.
- Good understanding of typical security instruments and industry standard agreements (guarantees, LCs…)
- Excellent written and verbal communication skills.
- Strong analytical, problem solving and organisational skills.
- Self-motivated and ability to learn quickly and take initiative to broaden own knowledge.
- Ability to work in a team and engage with others, essential.
- Able to demonstrate being comfortable within a fast-moving company and environment.
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Credit Risk Analyst employer: Glencore International AG
Contact Detail:
Glencore International AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Risk Analyst
✨Tip Number 1
Familiarise yourself with the commodities market and current trends. Understanding the dynamics of this fast-paced environment will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the credit risk and commodities trading sectors. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities at Glencore.
✨Tip Number 3
Brush up on your knowledge of credit risk analysis tools and methodologies. Being able to discuss specific techniques or software during your conversations will show that you're prepared and knowledgeable about the field.
✨Tip Number 4
Prepare to discuss real-world scenarios where you've successfully managed risk or resolved credit issues. Having concrete examples ready will help you stand out as a candidate who can apply their skills effectively in a practical setting.
We think you need these skills to ace Credit Risk Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk analysis, particularly within commodities. Use specific examples to demonstrate your understanding of counterparty risk and any previous roles that involved monitoring credit exposure.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your educational background in finance and how your skills align with the responsibilities outlined in the job description, such as engaging with various office functions and resolving credit-related issues.
Showcase Analytical Skills: Provide examples in your application that showcase your analytical and problem-solving abilities. Mention any specific tools or methodologies you have used in past roles to assess credit risk or manage performance risk exposure.
Highlight Communication Skills: Since excellent written and verbal communication skills are essential for this role, include instances where you successfully communicated complex information to different stakeholders. This could be through reports, presentations, or team collaborations.
How to prepare for a job interview at Glencore International AG
✨Showcase Your Analytical Skills
As a Credit Risk Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've conducted credit analysis in the past, particularly in a commodities context. Highlight any tools or methodologies you used to assess risk.
✨Demonstrate Industry Knowledge
Glencore values strong knowledge of the commodities market. Brush up on current trends and challenges in the industry. Be ready to discuss how these factors can impact credit risk and what strategies you would recommend to mitigate them.
✨Communicate Clearly
Excellent communication skills are essential for this role. Practice articulating complex ideas simply and clearly. During the interview, ensure you explain your thought process when discussing credit risk scenarios, as this will demonstrate your understanding and ability to convey information effectively.
✨Prepare for Teamwork Questions
Since collaboration with various departments is key, expect questions about teamwork. Think of examples where you've successfully worked with others to resolve issues or achieve a common goal. Emphasise your ability to engage with different functions and how you contribute to a team environment.