At a Glance
- Tasks: Conduct credit risk analysis and support trading operations in a dynamic environment.
- Company: Leading global commodity trading firm based in the City of London.
- Benefits: Hybrid working, excellent benefits, and opportunities for professional growth.
- Other info: Engage with industry professionals and develop valuable relationships.
- Why this job: Join a vibrant team and make an impact in the commodities market.
- Qualifications: Experience in credit risk analysis and knowledge of commodities trading.
The predicted salary is between 60000 - 80000 β¬ 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, 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 firmβs 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.
- 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 β Commodities 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 culture that values innovation and collaboration. With hybrid working options and a comprehensive benefits package, this role as a Credit Analyst offers exceptional opportunities for professional growth and development within a fast-paced environment, allowing you to make a meaningful impact on the firm's credit risk management function.
StudySmarter Expert Adviceπ€«
We think this is how you could land Credit Analyst β Commodities
β¨Tip Number 1
Network like a pro! Reach out to people in the commodities trading space, especially those who work in credit risk. A friendly chat can open doors and give you insights that might just land you that interview.
β¨Tip Number 2
Prepare for the interview by brushing up on your knowledge of precious metals, energy, and bulk commodities. We want you to show off your expertise and how it relates to the role. Be ready to discuss real-world scenarios!
β¨Tip Number 3
Donβt underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the position.
β¨Tip Number 4
Apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Credit Analyst β Commodities
Some tips for your application π«‘
Tailor Your CV:Make sure your CV is tailored to the Credit Analyst role. Highlight your experience in commodities trading and any relevant credit risk analysis you've done. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background in precious and base metals, energy, or bulk commodities makes you a great fit. Let us know why you want to join our team!
Showcase Your Analytical Skills:As a Credit Analyst, analytical skills are key. In your application, give examples of how you've conducted risk assessments or managed credit exposure in the past. We love seeing real-life applications of your skills!
Apply Through Our Website:Don't forget to apply through our website! Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it gives you a chance to explore more about us and what we do!
How to prepare for a job interview at KennedyPearce Consulting
β¨Know Your Commodities
Make sure you brush up on your knowledge of precious and base metals, energy, and bulk commodities. Be ready to discuss how these markets operate and any recent trends or news that could impact credit risk. This will show your passion for the industry and your ability to stay informed.
β¨Showcase Your Analytical Skills
Prepare to demonstrate your analytical expertise by discussing past experiences where you've successfully assessed credit risks. Use specific examples from your previous roles in commodity trading or financial institutions to highlight your problem-solving skills and how youβve contributed to risk management.
β¨Build Relationships
Since developing relationships with counterparties is key, think about how you can convey your interpersonal skills during the interview. Share examples of how you've built and maintained professional relationships in the past, especially in a multinational environment.
β¨Understand the Front Desk Dynamics
Familiarise yourself with how the front desk operates and the importance of credit risk management in enhancing profit. Be prepared to discuss how you can support their operations and provide solutions to control risk effectively. This shows that you understand the role's impact on the overall business.