Credit Risk Analyst

Credit Risk Analyst

To provide efficient and effective credit risk management and assist in protecting the company against bad debts arising from client portfolio through the trade of exchange traded and OTC metals.

Duties

• Support the Head of Credit in the compliance with the credit risk policies and procedures and promote a sound environment for granting, measuring, monitoring and controlling credit risk is in place.
• Perform credit assessment, review and rating (quantitative and qualitative) of potential and current clients/counterparties including corporates, financial institutions, CCPs and State Owned Enterprises.
• Present credit risk assessments and recommendations to the Credit Committee for approval.
• Monitor client exposure against various limits and recommend risk mitigation action against any breaches as per credit policy and procedure.
• Specific overview of the margin call of clients and the reporting/escalation of any breaches of internal controls.
• Maintain and update credit record/documentation of clients, including financials, approved limits, review decisions etc.
• Maintain a portfolio of clients for the regular review of financial and non financial information that may impact on credit lines provided, making recommendations to the Head of Credit as appropriate.
• Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operation.
• Continued awareness of market methodological developments with regard to portfolio credit risk measurement techniques and ensure adoption of relevant techniques where appropriate.
• Maintain a focus on the global macro-economic environment, with an understanding of specific country factors that may have an impact on the credit risk assessment of those clients and counterparties incorporated or operating in those countries.
• Perform daily monitoring and reporting of credit risk and other risk reporting duties including monthly MI, ARC/Board meeting MI, group reporting etc.
• Embed group credit risk related policies and procedures to local process.
• Maintain close and effective communication with Risk in relation to credit risk management.
• Work closely with the market risk team where required, such as daily reports.
• Participate in the UAT of in house back office and risk systems in relation to credit risk reporting/monitoring.
• Other ad hoc duties as assigned by the Head of Credit and the management.

Skills Required

• Proven track record in corporate credit analysis experience, including profit and loss, balance sheet and cash flow
• analysis.
• Demonstrate a flexible attitude working within a dynamic environment, to quickly resolve issues.
• Track record in compiling researched credit assessments with sound conclusions.
• Experience of reviewing clients that operate in the commodities sector, with a good working knowledge of the key players.
• Represent the Credit Department in client meetings.
• Understanding inherent risk in granting credit lines for IM and VM requirements for clients.
• Strong report writing skills and ability to consolidate large amounts of qualitative and quantitative data.
• Handling trading documentation from risk perspective, typically ISDA/CSA, Terms of Business, Loan Agreement, Guarantee (an advantage)
• Ability to communicate effectively in a manner appropriate to the audience from junior level colleagues, to senior management as well as a diverse external client base.
• Ability to assist in the development of junior members of staff
• Good MS Excel and Word skills.
• Good attention to detail
• Minimum 2-3 years experience in commodities credit risk management (preferably LME, CME and/or ICE)