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. Knowledge of Hedging and Hedging strategies is also essential, understanding of Market risk would be highly beneficial 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. 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.), 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. Experience of credit risk analysis experience gained in a commodity trading company or financial institution. Experience of market risk analysis preferred. Degree qualified in Business, Economics, Finance or Accounting
