Credit Risk Analyst

Group 29

Salary

COMPETITIVE

Stroke 1

Role Type

Permanent

Group 7

Location

London, UK

A Crude and Shipping Credit Analyst is required for a major Commodity Trading business to perform daily credit risk management tasks, and to develop and maintain a thorough understanding of risks associated with crude trading as well as shipping trading. He or she will perform credit risk management functions under supervision of Credit Risk Manager.

Responsibilities

  • Conduct Initial and ongoing compliance checks on all existing and prospective counterparties for trading
  • Conduct counterparty assessments (periodic and ad hoc)
  • Liaise with internal stakeholders on credit related issues
  • Prepare credit applications for local and HQ signoffs
  • Enhance internal process and procedures in consultation with relevant departments
  • Recommend changes in credit limits/approval status for senior management approval
  • Monitor counterparty exposure and control credit status of approved counterparty
  • Maintain consistent and thorough counterparty records
  • Manage credit collateral

Qualifications:

  • Educated to degree level or degree level qualification, ideally in a highly numerate subject such as mathematics (statistics).

Skills:

  • Excellent working knowledge of Microsoft office, advanced Excel skills
  • Solid understanding of counterparty risk
  • Previous experience of credit risk management in oil, LNG and shipping

Experience:

  • 1-5 years in a physical trading environment, with exposure to trading of crude oil, LNG and shipping. Candidates should be able to demonstrate a solid understanding of counterparty credit risk, a working knowledge of risk analysis and mitigation methodology.

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