Credit Risk Analyst

LME Clear Limited; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Credit Risk Analyst to enhance its risk management tools and processes. In this pivotal role, you will analyze and assess credit exposures, collaborate with various risk management teams, and engage with stakeholders across the industry. Your insights will drive improvements in credit risk assessments and reporting, while your analytical skills will help shape the future of risk management. If you're passionate about finance and eager to make a significant impact, this opportunity is perfect for you.

Qualifications

• Degree in quantitative finance, mathematics, economics, or related discipline required.
• Experience in financial institutions and data analysis preferred.

Responsibilities

• Assess credit quality and manage LME Clear's credit exposures.
• Conduct credit risk assessments and create actionable reports.

Skills

Verbal Communication

Written Communication

Credit Risk Understanding

Numerical Proficiency

Critical Analysis

Decision-Making Skills

Education

Degree in Quantitative Finance

Degree in Mathematics

Degree in Economics

Tools

Excel

Power BI

SQL

VBA

Python

PowerPoint

Job description

LME Clear is a genuine risk management organisation, primarily focused on protecting the safety and soundness of the LME market. You will be supported by risk-focused professionals as you develop new skills, advance your career, and see the impact of your efforts daily.

As a Credit Risk Analyst (Associate), your responsibilities include analyzing and assessing the quality of LME Clear’s credit exposures. You are expected to ask pertinent questions, learn, and develop solutions to enhance our risk management tools and processes.

You will interact with all areas within Risk Management, collaborating with Market Risk, Liquidity and Collateral Risk, Quantitative Risk, and Enterprise Risk Management teams. Additionally, you will engage with members, counterparts, regulators, and other LME departments, building relationships with internal and external stakeholders across the industry. The ability to work effectively with colleagues at all levels and with outside entities is essential.

Responsibilities:

1. Assess credit quality, assign credit ratings, and help manage the portfolio of LME Clear’s and LME’s credit exposures.
2. Conduct credit risk assessments on acceptable collateral types (mainly sovereigns, MDBs), counterparties (members, investment counterparties, service providers, etc.), and clients.
3. Create reports using Excel, macros, and Power BI to transform data into actionable credit risk insights, and monitor/report on credit risk issues.
4. Monitor early warning indicators to identify changes in creditworthiness, follow escalation procedures, and recommend adjustments to conditions and limits.
5. Ensure credit risk management systems have appropriate functionality and data capture.
6. Perform industry and country risk analyses.
7. Assist in developing and implementing credit scoring models for LME members, investment counterparties, sovereigns, warehouse companies, and critical service providers.
8. Contribute to the development of credit policies and risk frameworks.
9. Prepare papers on specific issues for Risk Committee and Executive Committee presentations.
10. Present findings to Risk and Executive Committees.
11. Liaise with stakeholders to ensure risk assessments are understood.

Qualifications Required:

• Degree or equivalent in quantitative finance, mathematics, economics, or a related discipline.

Preferred Knowledge and Experience:

• Experience in financial institutions and knowledge of the LME/HKEX.
• Experience in data analysis and reporting, with an ability to handle large datasets and perform detailed analysis.
• Proficiency in PowerPoint, Excel, SQL, VBA, Power BI, and Python.
• Understanding of accounting; pursuing CFA/FRM certification is a plus.
• Experience with financial institution credit analysis.

Skills Required:

• Strong verbal and written communication skills.
• Good understanding of credit risk.
• Ability to prioritize tasks and meet deadlines.
• Good judgment and decision-making skills.
• Numerical proficiency.
• Critical analysis and reasoning skills.

The LME is committed to diversity and is an equal opportunity employer. We value the unique contributions of all individuals regardless of education, ethnicity, race, sex, gender identity, expression, reassignment, origin, age, languages, colour, religion, disability, sexual orientation, or beliefs. We aim to foster a respectful, collaborative, and inclusive environment.

About Us

Hong Kong Exchanges and Clearing Limited (HKEX) is a leading global exchange group (HKEX Stock Code: 388), offering a broad range of financial markets, products, and services, including the London Metals Exchange.

HKEX acts as a bridge between East and West, facilitating capital flow, ideas, and dialogue between China and the world through its Connect schemes, diverse products, and deep, liquid markets.

HKEX is a purpose-led organization committed to connecting and advancing markets and communities for shared prosperity.