Credit Analyst

Marex; England; On-site; GBP 45,000 - 65,000; Full time

Job summary

A financial services platform in the UK seeks a candidate with strong skills in corporate financial statement analysis and credit assessments. The role involves conducting thorough analyses of clients and counterparties, and providing informed recommendations for credit facilities. The ideal candidate should possess a university degree or relevant experience and have knowledge of MS Excel. Fluency in additional languages is desirable. This position offers an opportunity in a dynamic environment focused on market access in the commodities sector.

Qualifications

• Strong understanding of corporate financial statement analysis from an investment banking or brokerage background.
• Proven track record in credit assessments including modelling credit ratings.
• Experience in a regulated environment with risk and compliance knowledge.

Responsibilities

• Conduct qualitative and quantitative analysis of clients and counterparties.
• Provide recommendations to the Credit Committee for new credit facilities.
• Act as advisor for credit-related items and manage credit facility applications.

Skills

Corporate financial statement analysis

Credit assessments

Knowledge of MS Excel and Word

Understanding of credit risk

Experience in commodities sector

Additional language skills

Education

University degree or equivalent work experience

Tools

Bloomberg

Job description

Responsibilities

• Qualitative and quantitative analysis of all current and potential clients & counterparties including Corporates, Financial Institutions, Individuals, CCP's & State Owned (or pseudo State Owned) Enterprises.
• Continual focus on global macro-economic environment with understanding of specific country factors and the impact of those factors on the credit risk assessment with regard to clients & counterparties incorporated or operating in those countries.
• Form well-researched and intellectually credible recommendations to the CRO & Credit Committee for new credit facilities and renewals.
• High levels of interaction with clients, as required, on both a domestic and international basis.
• Management information reporting where relevant on a periodic and ad hoc basis.
• Act as an advisor and subject matter expert to guide the business for all credit related items and manage the credit facility application/ review process for the allocated client base.
• Form enduring and effective working relationships across all internal departments to reinforce the firm's client service model.
• Contribute to enhancing existing and/or implementation of new credit risk policies, procedures and processes to drive the department forward and ensure adherence to best practice.
• Communicate & escape all relevant items to the Credit Manager, Head of Risk and the CRO as appropriate. Ability to communicate with confidence and in a manner appropriate to the audience, from junior level colleagues to C‑Suite executives within the firm as well as a diverse external client base.
• Effective report writing skills with an ability to distil complex information to a 'key risks' summary to enable management decision making.
• Strong presentation technique and experience communicating to senior management forums.
• A collaborative team player, approachable, self‑efficient and influences a positive work environment.
• Demonstrates curiosity.
• Resilient in a challenging, fast‑paced environment.
• Ability to take a high level of responsibility.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

• Strong and demonstrable understanding of corporate financial statement analysis gained ideally through an investment banking or institutional brokerage background.
• Track record in forming well researched conclusions on credit assessments including internally modelled credit ratings and recovery potential in the event of default.
• Understanding credit risk inherent in granting credit facilities to cover the margin requirements (initial and variation) of futures and options.
• University graduate (or equivalent) or sufficient relevant work experience.
• Good knowledge of MS Excel and Word required, Bloomberg is advantageous.
• Experience of reviewing clients that operate in the Commodities sector.
• Additional language skills other than English is desirable.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

About the Company

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions, and Agency and Execution. It has a leading franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.