Hugely exciting role in Credit Risk. To join a small, but hands-on Risk team for a global commodities brokerage.
This role will give the successful Credit Risk Analyst significant career opportunities and exposure. You will work with the front office teams on a daily basis and have the opportunity to learn directly from experienced senior management.
Client Details
Our client is a successful brokerage in the Financial Services industry, based in London seeking to hire a Credit Risk Analyst.
Description
The Credit Risk Analyst will support the Head of Risk in compliance with the credit risk policies and procedures and promote a sound environment for granting, measuring, monitoring, and controlling credit risk.
Responsibilities include:
- Perform credit assessment, review, and rating of potential and current clients/counterparties, including corporates and financial institutions.
- Present credit risk assessments and recommendations to the Credit Committee for approval.
- Monitor client exposure against various limits and recommend risk mitigation actions 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 records/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 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 regarding portfolio credit risk measurement.
Profile
A successful Credit Risk Analyst should have:
- A degree in Finance, Economics, or a related field.
- A minimum of 2-3 years experience in commodities credit risk management (preferably LME, CME, and/or ICE).
- Understanding of 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.
- Experience handling trading documentation from a risk perspective, typically ISDA/CSA, Terms of Business, Loan Agreement, Guarantee (an advantage).
- Proficiency in risk analysis and risk management principles.
- Strong analytical skills and attention to detail.
- Excellent communication and report writing skills.
- Proficiency in data analysis software and tools.
- Sound knowledge of regulatory standards in the Financial Services industry.
Job Offer
- A competitive salary in the range of 75,000-80,000.
- Comprehensive benefits package.
- Opportunity to work in a supportive and professional environment.
Please note this role does not offer hybrid working.
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