At a Glance
- Tasks: Analyse credit risk in a fast-paced commodities trading environment and advise on counterparty risks.
- Company: Join Glencore, a leading global commodities trading company with a dynamic culture.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Why this job: Make a real impact by managing credit risk and mentoring junior team members.
- Qualifications: Degree in finance and 6+ years of experience in energy commodities analysis required.
- Other info: Engage with diverse teams and enhance your skills in a rapidly evolving industry.
The predicted salary is between 48000 - 72000 £ per year.
Glencore's Credit Risk department seeks an experienced, self-motivated and driven individual with energy commodity experience and expert understanding and application of credit risk analysis in the context of a fast-paced commodities trading environment.
Responsibilities
- Assess and provide advice to the business on counterparty risk and mitigations as they relate to deals and business proposals.
- Monitor and manage credit and performance risk exposure including analysing and resolving breaches, reporting non-performing counterparties and adverse credit events.
- Ensure compliance with the internal credit policy & procedures.
- Engage with Front, Middle and Back-offices functions, legal counsels, advisors and key stakeholders on a regular basis to resolve credit related issues.
- Assist with the negotiation and execution of netting agreements, master trading agreements, credit clauses and security instruments.
- Provide leadership and mentoring to the junior team members.
- Supplement analysis to develop an assessment of client, competitor/industry risks and trends.
- Help deliver on various Internal projects, bringing ideas and opportunities to improve and advance our approach to assessing, managing, mitigating and reporting Credit Risk.
Qualifications
- A degree in finance (or other applicable subject) with solid financial analysis skillset.
- 6+ years' experience in commodities analysing Energy counterparties, with a preference for physical trading experience.
- Working knowledge of typical security instruments and industry standard agreements (guarantees, LCs, ISDAs, netting...).
- 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.
- Experience or able to demonstrate being comfortable within a fast-moving company and environment.
- Additional languages advantageous.
Senior Credit Risk Analyst / Credit Risk Manager in London employer: Glencore
Contact Detail:
Glencore Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Risk Analyst / Credit Risk Manager in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We recommend practising common interview questions and tailoring your answers to highlight your experience in credit risk analysis and commodities trading.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work or case studies that demonstrate your expertise in managing credit risk. We want to see how you’ve tackled challenges in the past.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. And remember, apply through our website for the best chance!
We think you need these skills to ace Senior Credit Risk Analyst / Credit Risk Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Credit Risk Analyst role. Highlight your experience in energy commodities and credit risk analysis, as this will show us you understand what we're looking for.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for the role. Share specific examples of how you've assessed counterparty risk or managed credit exposure in the past. We love a good story!
Showcase Your Skills: Don’t forget to highlight your analytical and problem-solving skills. Mention any relevant tools or methodologies you’ve used in your previous roles that align with our fast-paced environment.
Apply Through Our Website: We encourage you to apply through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Glencore
✨Know Your Numbers
Brush up on your financial analysis skills and be ready to discuss specific metrics related to credit risk. Be prepared to explain how you've assessed counterparty risks in the past, especially in the energy commodities sector.
✨Showcase Your Experience
Highlight your 6+ years of experience in commodities and physical trading. Share concrete examples of how you've managed credit exposure and resolved breaches, as this will demonstrate your hands-on expertise.
✨Engage with Stakeholders
Prepare to discuss how you've collaborated with various teams, including Front, Middle, and Back-offices. Think of examples where you’ve successfully engaged with legal counsels or advisors to resolve credit-related issues.
✨Bring Ideas to the Table
Think about ways you can improve credit risk assessment processes. Be ready to share innovative ideas or projects you've worked on that advanced your previous company's approach to managing credit risk.