Credit Risk Analyst

Michael Page (UK); London; On-site; GBP 75,000 - 80,000; Full time

Job summary

An established industry player in the financial services sector is seeking a skilled Credit Risk Analyst to join their London team. This role involves supporting the Head of Risk in compliance with credit risk policies, conducting assessments of clients, and managing a portfolio to ensure sound credit practices. The ideal candidate will possess a degree in Finance or Economics, along with 2-3 years of experience in commodities credit risk management. This opportunity offers a competitive salary and a comprehensive benefits package in a supportive environment, making it an exciting prospect for professionals looking to advance their careers.

Benefits

Comprehensive benefits package

Supportive work environment

Qualifications

• 2-3 years of experience in commodities credit risk management.
• Strong report writing skills and attention to detail.

Responsibilities

• Perform credit assessments and present recommendations to the Credit Committee.
• Monitor client exposure and recommend risk mitigation actions.

Skills

Credit Risk Management

Report Writing

Data Analysis

Regulatory Standards Knowledge

Analytical Skills

Education

Degree in Finance

Degree in Economics

Tools

Data Analysis Software

Job description

Global commodities brokerage, London based.

Hiring a Credit Risk Analyst for the CRO function.

About Our Client

Our client is a successful brokerage in the Financial Services industry, based in London, seeking to hire a Credit Risk Analyst.

Job Description

The Credit Risk Analyst will support the Head of Risk in ensuring compliance with credit risk policies and procedures, and promote a sound environment for granting, measuring, monitoring, and controlling credit risk.

1. Perform credit assessments, reviews, and ratings of potential and current clients/counterparties, including corporates and financial institutions.
2. Present credit risk assessments and recommendations to the Credit Committee for approval.
3. Monitor client exposure against various limits and recommend risk mitigation actions against breaches as per credit policy and procedure.
4. Oversee margin calls of clients and report/escalate any breaches of internal controls.
5. Maintain and update credit records and documentation of clients, including financials, approved limits, and review decisions.
6. Manage a portfolio of clients for regular review of financial and non-financial information impacting credit lines, making recommendations to the Head of Credit as appropriate.
7. Stay informed about all relevant regulations and best practices related to credit operations.
8. Keep abreast of market methodological developments in portfolio credit risk measurement.

The Successful Applicant

The ideal Credit Risk Analyst should possess:

• A degree in Finance, Economics, or a related field.
• At least 2-3 years of experience in commodities credit risk management, preferably with LME, CME, and/or ICE.
• Understanding of inherent risks in granting credit lines for Initial Margin (IM) and Variation Margin (VM) requirements.
• Strong report writing skills and the ability to consolidate large amounts of qualitative and quantitative data.
• Experience handling trading documentation from a risk perspective, such as ISDA/CSA, Terms of Business, Loan Agreements.
• Guarantee experience is an advantage.
• Proficiency in risk analysis and risk management principles.
• Strong analytical skills and attention to detail.
• Excellent communication and report writing skills.
• Proficiency in data analysis software and tools.
• Sound knowledge of regulatory standards in the Financial Services industry.

What's on Offer

• A competitive salary in the range of £75,000-£80,000.
• Comprehensive benefits package.
• Opportunity to work in a supportive and professional environment.

Please note this role does not offer hybrid working.