Senior Credit Risk Analyst / Credit Risk Manager

Glencore’s Credit Risk department seeks an experienced, self-motivated and driven individual with energy commodity experience and expert understanding and application of credit risk analysis in the context of a fast-paced commodities trading environment.

In details, the position encompasses duties and responsibilities as follows:

• Assess and provide advice to the business on counterparty risk and mitigations as they relate to deals and business proposals.
• Monitor and manage credit and performance risk exposure including analysing and resolving breaches, reporting non-performing counterparties and adverse credit events.
• Ensure compliance with the internal credit policy & procedures.
• Engage with Front, Middle and Back-offices functions, legal counsels, advisors and key stake holders on a regular basis to resolve credit related issues.
• Assist with the negotiation and execution of netting agreements, master trading agreements, credit clauses and security instruments.
• Provide leadership and mentoring to the junior team members.
• Supplement analysis to develop an assessment of client, competitor/ industry risks and trends.

Help deliver on various Internal projects, bringing ideas and opportunities to improve and advance our approach to assessing, managing, mitigating and reporting Credit Risk.

The ideal candidate disposes of:

• A degree in finance (or other applicable subject) with solid financial analysis skillset.
• 6+ years’ experience in commodities analysing Energy counterparties, with a preference for physical trading experience.
• Working knowledge of typical security instruments and industry standard agreements (guarantees, LCs, ISDAs, netting…).
• Excellent written and verbal communication skills.
• Strong analytical, problem solving and organisational skills.
• Self-motivated and ability to learn quickly and take initiative to broaden own knowledge.
• Ability to work in a team and engage with others, essential.
• Experience or able to demonstrate being comfortable within a fast-moving company and environment.
• Additional languages advantageous.