Credit Specialist
This position involves conducting credit limit reviews for various entities, including ensuring appropriate credit risk mitigation is in place for trading counterparties.
The role also provides key administrative and analytical support to the Head of Credit Risk and the wider Credit/OTC team.
Key Responsibilities
* Manage the order release process in line with company policy, ensuring all liabilities are appropriately secured.
* Monitor, approve, and report on open account credit limits.
* Ensure credit exposure monitoring systems are effective and that all counterparties operate within approved limits.
* Conduct regular credit reviews for global entities.
* Assess and approve discretionary limit requests.
* Manage credit insurance policies, including the notification of overdue accounts and coordination with brokers.
* Handle administrative aspects of claims reporting.
* Evaluate potential transactions for credit risk exposure and recommend mitigants or alternative structures.
* Monitor industry developments that could impact the creditworthiness of trading partners.
* Analyze financial statements of counterparties and prepare comprehensive credit reviews.
* Recommend improvements to credit limit monitoring and approval processes.
Required Skills and Experience
* Minimum of 5 years' experience as a Credit Analyst, ideally within a company operating across multiple business streams.
* Strong understanding of credit insurance policies, including standard terms, conditions, and reporting requirements.
* Proven experience in credit limit underwriting.
* Demonstrated ability to lead or contribute to process improvements and ensure systems remain best-in-class.
* Comfortable working in a fast-paced environment, with excellent relationship-building skills across internal departments and external stakeholders.