Credit Risk Analyst

Overview

An established global markets business is seeking a Credit Risk Analyst to join its Risk Management function. The role focuses on credit risk management across exchange-traded and OTC commodities, with scope to support additional products as the business expands.

You will work closely with the Head of Credit, supporting the assessment, monitoring and control of counter party credit risk across a diverse client base including corporates, financial institutions, CCPs and state-owned entities.

• Support the Head of Credit in the implementation and ongoing compliance with credit risk policies and procedures
• Perform quantitative and qualitative credit assessments and credit ratings for new and existing counter parties
• Prepare and present credit recommendations to the Credit Committee
• Monitor counter party exposures against approved limits and escalate breaches in line with policy
• Oversee end-of-day and intra-day margin calls, including escalation of control breaches
• Maintain accurate and up-to-date credit files, including financials, limits and review decisions
• Manage a portfolio of counter parties, conducting regular reviews of financial and non-financial risk factors
• Maintain awareness of relevant regulations, industry best practice and portfolio credit risk methodologies
• Monitor global macro-economic and country-specific risks impacting counter party creditworthiness
• Participate in UAT for internal risk and back-office systems
• Provide credit input on trading documentation (e.g. ISDA/CSA, guarantees, loan agreements)
• Undertake ad-hoc projects as required

• Previous experience in commodities credit risk (LME, CME and/or ICE preferred)
• Degree in finance, accounting, economics or a related discipline
• Strong corporate credit analysis skills (P&L, balance sheet and cash flow analysis)
• Experience assessing counter parties operating within the commodities sector
• Understanding of credit exposure related to initial and variation margin requirements
• Strong written and verbal communication skills, with the ability to engage stakeholders across front office, operations and senior management
• High attention to detail and ability to manage large volumes of qualitative and quantitative data
• Confident representing the Credit function in internal and external discussions

This is an excellent opportunity to join a specialist credit risk team within a dynamic global markets environment, offering exposure to complex commodities portfolios and senior-level decision-making.