Credit Risk Analyst

THE COMPANY:

Our client is a leading provider of execution and clearing services for exchange traded derivatives and OTC derivatives in the commodities markets.

THE RESPONSIBILITIES:

• Support the Head of Credit in the compliance with the credit risk policies and procedures and promote a sound environment for granting, measuring, monitoring and controlling credit risk is in place.
• Perform credit assessment, review and rating (quantitative and qualitative) of potential and current clients/counterparties including corporates, financial institutions, CCPs and State Owned Enterprises.
• Present credit risk assessments and recommendations to the Credit Committee for approval.
• Monitor client exposure against various limits and recommend risk mitigation action 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 record/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 on 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 with regard to portfolio credit risk measurement techniques and ensure adoption of relevant techniques where appropriate.
• Maintain a focus on the global macro-economic environment, with an understanding of specific country factors that may have an impact on the credit risk assessment of those clients and counterparties incorporated or operating in those countries.
• Participate in the UAT of in house back office and risk systems in relation to credit risk reporting/monitoring
• Other ad hoc duties as assigned by the Head of Credit.

EXPERIENCE REQUIRED:

• Degree in finance, accounting, economics or relevant field.
• Proven track record in corporate credit analysis experience, including profit and loss, balance sheet and cash flow analysis.
• Demonstrate a flexible attitude working within a dynamic environment, to quickly resolve issues
• Track record in compiling researched credit assessments with sound conclusions
• Experience of reviewing clients that operate in the commodities sector, with a good working knowledge of the key players
• Understanding 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
• Handling trading documentation from risk perspective, typically ISDA/CSA, Terms of Business, Loan Agreement, Guarantee (an advantage)