Senior Credit Analyst

Recruiter
Insight Recruitment Solutions
Location
London, South East England
Salary
55000.0000
Posted
15 Jun 2017
Closes
15 Jul 2017
Contract Type
Permanent
Hours
Full Time

My client, a general trading company are recruiting into their Credit team. They require someone with broad Credit Risk experience from a Banking or commodity background. They are ideally looking for Energy and Metals knowledge.

You will investigate and monitor risk issues arising from the commodity trading and investment businesses which includes trade finance for new and existing customers.

DUTIES AND RESPONSIBILITIES

• Quickly appreciate and understand complex credit issues and to propose credit mitigants where appropriate. Able to discuss key points with Senior management and Business teams in a logical manner;
• Working with the General Manager to develop the Risk Management concept, including credit / market / country / operational risks;
• Deputise for the Credit Manager when absent to ensure all Department tasks completed as required;
• Presenting of key Credit risk issues as part of the approval process including the formal Credit Forum;
• Continuous monitoring of credit issues related to customer portfolio and wider issues;
• Undertake visits to counterparties and be able to question senior management such as CFOs / Finance Directors on the financial and strategic aspects of their businesses, and provide written summary, as appropriate for due diligence purposes;
• Be an alternate contact for Credit and Operational queries for other departments / divisions;
• Provide assistance and/or cover for the other RMD personnel as appropriate;
• Compilation of assigned monthly / quarterly reports;
• Working in conjunction with General Manager, Risk Management and all trading departments to develop and maintain credit and risk management practices to reduce/eliminate potential losses;
• Assist in ensuring RMD manuals and documentation on both the Risk Analysis and Risk Monitoring sides is regularly reviewed and kept up-to-date; • Keep updated with key credit and operational issues relating to Credit Insurance. Liaise with Credit Insurers to obtain insurance coverage where required;
• Input, or check input, of financial figures into internal risk rating model either manually or through utilisation of auto data-streaming.
• Using SAP and internal credit system, assist in the preparation of a number of internal Risk Management reports in Excel or other format to specific deadlines;

REQUIRED SKILLS AND QUALIFICATIONS

ESSENTIAL
• Broad Credit Risk experience to include trade finance likely to have been obtained in a Banking or Commodity or Corporate environment;
• Strong corporate financial analysis skills - expert ability to read and understand financial accounts;
• Ability to write concise and accurate credit analysis and recommendations;
Some knowledge of commodities, including the Metals and Energy sectors;
• Excellent verbal and written communication skills;
• Experience of Credit Rating models;
• Ability to prioritise work with very high standard of accuracy and attention to detail;
• Understanding of Risk Management reporting & systems;

DESIRABLE
• University degree in business/finance/accounting, or analytically based discipline and / or track record of in-depth experience and background in Credit Risk;
• Experience of working in a multi-national corporate or finance environment; • Understanding of credit insurance;
• Good presentation skills including presenting both to senior management and non-management grades;
• Working knowledge of any credit legal issues including export credit;
• Some understanding of Market risk fundamentals;