At a Glance
- Tasks: Manage credit risk for commodities trading and support front desk operations.
- Company: Leading global commodity trading firm based in London with a hybrid work model.
- Benefits: Excellent benefits, competitive salary, and flexible working arrangements.
- Other info: Opportunity for career growth in a fast-paced environment.
- Why this job: Join a dynamic team and make an impact in the commodities market.
- Qualifications: Experience in credit risk analysis and knowledge of commodities required.
The predicted salary is between 60000 - 80000 £ per year.
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 counterparty credit risk management.
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. Knowledge of Hedging and Hedging strategies is also essential, understanding of Market risk would be highly beneficial.
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).
- 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 management.
- 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.
- 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.
- Knowledge of precious and base metals, energy and bulk commodities.
- Knowledge of Hedging and Hedging strategies.
- 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 shareholders at various levels within a multinational environment.
- Degree qualified in Business, Economics, Finance or Accounting.
Credit Analyst - Metals in City of London employer: KennedyPearce Consulting
Join a leading global commodity trading firm in the heart of the City of London, where you will thrive in a dynamic and supportive work environment that champions hybrid working and offers exceptional benefits. As a Credit Analyst, you will have the opportunity to develop your expertise in credit risk management while collaborating with talented professionals and engaging with key stakeholders in the commodities sector, ensuring your career growth is both meaningful and rewarding.
