Credit Analyst Commodity Finance

Our client is a Global Banking Group looking to hire a Credit Analyst with experience in Commodity Finance.

Principal Purpose of the Job: Minimise the Bank’s credit-related losses by identifying and reasonably measuring the credit risks and mitigants in proposals, reviews etc. Make clear and unambiguous recommendations to the Credit Committee, in accordance with the Bank’s credit policies, regarding the acceptability of particular business deals from a credit perspective whilst simultaneously maintaining an independent and objective view within the credit process. Effectively monitor, identify and reasonably measure credit risk within the Bank’s asset portfolio.

Reporting Relationship: The Credit Risk Department is in charge of the Credit Approval and Credit Management functions. This role will report to the Deputy Head/Manager in the Credit Risk Department who is in charge of the credit approval work in CRD.

Main Responsibilities & Accountabilities:

• Provide credit evaluation reports for various credit products which provide an overview of transactions, financial and non-financial risk analysis, key risks identified with the associated mitigation if any as well as credit recommendations (including suggested credit enhancement as well as management conditions).
• Assist with the implementation of credit risk appetite, credit policies and procedures and management processes once they are established.
• Ensure that credit transactions are compliant with credit policies.
• This position mainly focuses on commodity finance business and may also cover some other sector’s credit business based on the types of proposals from the front office.
• Provide effective challenges as well as guidance to the proposals from Front Office; draft and present credit opinions to the Credit Committee, by maintaining an objective and independent view within the credit process, in accordance with the Bank’s credit policies.
• Achieve timely turnaround of credit proposals and reviews, in accordance with pre-agreed Departmental objectives.
• Provide Head of CRD and DGM (credit) as well as the credit committee with professional risk analysis and appropriate risk mitigation measures in a timely manner.
• Conduct post-lending management work including but not limited to: 1) monitor the credit ceilings and credit exposures carefully to ensure loans are performing well with all covenants maintained, 2) monitor the financial performance of the borrower regularly associated with market and industry dynamics, 3) monitor the conditions subsequent and ensure all conditions are met at any time through the loan life.
• Perform credit review and research of industry/customer-related information for all new proposals and (on at least an annual basis) for existing customers.
• Proactively monitor industry and sector trends as well as counterparty risks for early warning signals.
• Other functions and tasks as may be required to assist the Head/Deputy Head of Credit Risk.

Regulated Activities: This section is to be completed for roles that will be covered by the Senior Managers and Certification Regime i.e.: Senior Management Function (SMF) – one that involves the person performing it being responsible for managing one or more aspects of the firm’s affairs, so far as it relates to regulated activities, and those aspects involve, or might involve, a risk of serious consequence for the person, or for the firm or for other interests in the UK. The Prescribed Responsibilities and Other Responsibilities are as set out in the Statement of Responsibilities and the Responsibilities Management Map. Certification – one where the person could pose a risk of significant harm to the firm or any of its customers: (Not applicable) Material risk taker Advising on, dealing (as principal or agent) and arranging (bringing about) deals in and/or managing investments Giving advice to clients in connection with corporate finance business and performing other functions relating to this Where direct reports include staff within the Certification population Role holder is a voting member of the Credit Committee The incumbent must comply with the requirements under the Senior Managers and Certification Regime.

Skills Required:

• Possesses a minimum of 8-10 years' work experience in the credit review area in Commodity Finance.
• In-depth knowledge and deep understanding of risks and mitigations across different industries, countries and clients’ types.
• Business and economy related know-how, and excellent financial analysis, projection and stress test skills.
• Exceptional analytical and negotiation skills and dedicated problem solver with a positive personality and can-do attitude.
• Collaborative personality and ability to complete tasks independently.

Our client is an equal opportunity employer and ensures that no applicant is subject to less favourable treatment on the grounds of gender, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, responsibilities for dependants, physical or mental disability. Candidates are selected for interview based on their skills, qualifications and experience. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.