Senior Credit Risk Manager

XPS Materials Group; Baar; Vor Ort; CHF 180.000 - 240.000; Vollzeit

Benefits dieser Stelle

Tuition assistance

Public transport reimbursement

Free parking

Parental leave

Swiss Pension

Zusammenfassung

Glencore in Baar, Switzerland seeks a Senior Credit Risk Manager to oversee a metals and coal portfolio across Europe, the Middle East and Africa. You will define credit risk appetite, assess high-risk counterparties, monitor exposures, and advise on security instruments and risk mitigation strategies.

The role includes presenting reports to senior management and mentoring junior analysts. Experience in global commodity credit risk and ISDA/netting knowledge is essential for success in this

Qualifikationen

• Bachelor’s degree in finance or related field with strong financial analysis skills.
• 10–15 years’ corporate credit risk management experience in a global commodity business, preferably metals and mining.
• Working knowledge of security instruments and agreements (guarantees, LCs, ISDAs, netting).
• Strong grasp of quantitative credit metrics (PFE, ECL, LGD) and risk reporting.
• Excellent written and verbal communication, analytical and collaborative skills.

Aufgaben

• Actively manage an assigned portfolio of metal counterparts.
• Define and manage credit risk appetite with front office and underwriting teams.
• Provide expert advice on credit risk considerations and security instruments.
• Monitor and manage exposure at individual and portfolio levels; breach monitoring.
• Review terms in trading and contracts for completeness and consistency.
• Present risk reports to senior management and stakeholders; advise on recovery options.
• Mentor junior analysts and contribute to risk methodology development.
• Stay informed on market trends and regulatory changes affecting credit risk.

Kenntnisse

Credit risk management

Financial analysis

Stakeholder communication

Quantitative risk metrics

Security instruments knowledge

ISDAs & netting

Team mentorship

Ausbildung

Bachelor’s degree in finance

Jobbeschreibung

Senior Credit Risk Manager

Risk Management DepartmentBaar, Switzerland

We are seeking a highly skilled and motivated Senior Credit Risk Manager to join our Risk team at our Headquarters in Baar, Switzerland. The person selected for this role will oversee the credit risk management of a Metals and Coal portfolio across the Europe, Middle East, and Africa （EMEA） regions, focusing on assessing and governing complex transactions, high-risk counterparties, and strategic exposures. The main responsibilities include preparing credit reviews, maintaining up-to-date risk profiles, including breach monitoring and the review of complex transactions.

The Glencore Credit Risk Department is an independent function which manages monitor’s and provides advice to the Trading business as it relates to Credit and Performance Risk. This involves establishing risk thresholds, tracking exposures in line with our risk tolerances, collaborating with trading teams to develop credit mitigation strategies, and ensuring timely identification of potential risks.

The Role:

• Actively manage an assigned portfolio of metal counterparts.
• Define and manage Credit Risk appetite in collaboration with the front office and Underwriting Team.
• Provide expert advice on credit risk considerations and security instruments.
• Work with internal stakeholders, including Compliance, Legal, and Trade Finance, as needed.
• Monitor and manage exposure levels at individual and portfolio levels.
• Ensure compliance with approved risk appetite and resolve breaches.
• Act on overdue positions and analyse performance risk.
• Conduct detailed credit analyses on high-risk counterparts and new potential ones.
• Review credit terms in trading and commercial contracts for completeness and consistency.
• Review potential collateral/security instruments for enforceability and coverage.
• Present risk reports to senior management and stakeholders.
• Provide advice on recovery options in work-out situations.
• Stay informed on market trends and regulatory changes affecting credit risk.
• Mentor junior credit risk analysts and prioritize shared deliverables.
• Contribute to the development and enhancement of credit risk assessment methodologies and policies.
• Lead or support risk-related projects and other applicable initiatives.

Qualifications and requirements:

• Bachelor’s degree in finance or other applicable subject with solid financial analysis skillset.
• 10-15 years’ experience in corporate credit risk management within a global commodity business with a preference for experience in analysing Metals and Mining counterparties.
• Working knowledge of typical security instruments and industry standard agreements (guarantees, LCs,
• ISDAs, netting)
• A solid grasp of quantitative credit metrics (PFE, ECL, LGD, etc.) is essential
• Effective written and verbal communication skills.
• Advanced analytical, problem solving and organisational skills.
• Self-motivated and able to take initiative to broaden own knowledge.
• Ability to work in a team and engage with others, essential.

Our ideal candidate:

• is a dynamic, lateral thinking individual with a positive, enthusiastic attitude and a strong desire to learn
• good interpersonal skills, interacts well within a team environment, takes initiative, and approaches and resolves issues in a structured methodical manner
• has a strong sense of responsibility, ownership and is attentive to detail.

Benefits

• We are committed to providing benefits, which promote mental, physical, and financial well-being. From healthy meal options in our restaurants and bistros to free use of the in-house gym including sport classes with professional trainers.
• We reimburse public transport for commuting to work; alternatively, we offer free parking space.
• We provide tuition assistance for further education and training courses.
• We have a competitive parental leave policy. Our childcare benefits also include emergency childcare services and financial assistance towards daycare costs.
• Employees’ Swiss Pension 2nd pillar is fully paid by Glencore.

Who we are

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life.

With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of offices.

Glencore’s customers are principally industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Important information:

This material does not purport to contain all of the information you may wish to consider. For further important information, including in connection with forward-looking statements and other cautionary information, refer to the Important notice section of Glencore’s 2025 Annual Report, which is available at glencore.com/publications. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from any future events, results, performance, achievements or other outcomes expressed or implied by such forward-looking statements. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities.

Other information:

The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Likewise, the words “we”, “us” and “our” are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

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