Senior Credit Risk Manager

Glencore International AG; Baar; Vor Ort; EUR 80.000 - 120.000; Vollzeit

Zusammenfassung

A leading global diversified natural resource company in Baar is seeking a Senior Credit Risk Manager to oversee credit risk management across the EMEA region. This role entails assessing complex transactions and providing guidance on credit risk strategies. Ideal candidates will have 10-15 years of experience in credit risk management, particularly in the metals and mining sectors. Key responsibilities include preparing credit reviews and mentoring junior analysts, alongside cross-departmental collaboration. Competitive benefits promote well-being and professional development.

Leistungen

Healthy meal options

Free use of in-house gym

Tuition assistance

Public transport reimbursement

Full pension contributions

Qualifikationen

• 10-15 years’ experience in corporate credit risk management is required.
• Knowledge of typical security instruments and industry standards is essential.
• Effective communication skills are critical for this position.

Aufgaben

• Manage credit risk for a portfolio of metal counterparts.
• Prepare credit reviews and maintain risk profiles.
• Mentor junior credit risk analysts and support risk-related projects.

Kenntnisse

Credit risk management

Financial analysis

Analytical skills

Communication skills

Teamwork

Ausbildung

Bachelor’s degree in finance

Tools

Quantitative credit metrics

Security instruments knowledge

Jobbeschreibung

Overview

Senior Credit Risk Manager Risk Management Department Baar, 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 in a leading financial institution of global commodity trader 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 that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore’s customers are 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.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.

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