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:
1. Perform credit assessment, review, and rating of potential and current clients/counterparties, including corporates and financial institutions.
2. Present credit risk assessments and recommendations to the Credit Committee for approval.
3. Monitor client exposure against various limits and recommend risk mitigation actions against any breaches as per credit policy and procedure.
4. Specific overview of the margin call of clients and the reporting/escalation of any breaches of internal controls.
5. Maintain and update credit records/documentation of clients, including financials, approved limits, review decisions, etc.
6. 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.
7. Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operation.
8. Continued awareness of market methodological developments regarding portfolio credit risk measurement.
Profile
A successful Credit Risk Analyst should have:
1. A degree in Finance, Economics, or a related field.
2. A minimum of 2-3 years experience in commodities credit risk management (preferably LME, CME, and/or ICE).
3. Understanding of inherent risk in granting credit lines for IM and VM requirements for clients.
4. Strong report writing skills and ability to consolidate large amounts of qualitative and quantitative data.
5. Experience handling trading documentation from a risk perspective, typically ISDA/CSA, Terms of Business, Loan Agreement, Guarantee (an advantage).
6. Proficiency in risk analysis and risk management principles.
7. Strong analytical skills and attention to detail.
8. Excellent communication and report writing skills.
9. Proficiency in data analysis software and tools.
10. 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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