Head of Credit & Market Risk

IPOE Consulting; Greater London; Hybrid; GBP 120,000 - 150,000; Full time

Job summary

A leading global commodities firm based in London is seeking a Head of Credit / Market Risk Manager to manage and report credit and market risks related to trading commodities. The ideal candidate will have extensive experience in the commodities industry, strong analytical and technical skills, and proven ability to collaborate across functions. This role offers a competitive salary of up to £150k plus benefits and hybrid working options.

Benefits

Hybrid working model

Competitive salary and benefits

Qualifications

• Proven track record in managing credit/market risks.
• Strong analytical skills and financial analysis capabilities.
• Ability to build relationships with counterparties.

Responsibilities

• Manage, monitor, and report credit/market risks related to commodity trading.
• Prepare Customer onboarding applications and conduct financial analysis.
• Build relationships with counterparties and monitor their credit status.

Skills

Experience in commodities industry

Technical expertise in risk management

Commercial acumen

Cross-functional collaboration

Job description

Job Description

Head of Credit / Market Risk Manager

Global commodities business, based in the City of London

Salary up to £150k plus benefits

Hybrid working on offer

The Head of Credit / Market Risk Manager reports to the Managing Director and Deputy Managing Director (CFO) and is responsible for managing, monitoring, and reporting credit / market risks related to commodity trading. The role requires experience in the commodities industry, technical expertise, commercial acumen, and cross-functional collaboration to support the growth of our client.

Key Responsibilities :

• Prepare Customer onboarding applications and conduct financial analysis.
• Manage annual credit limit renewals and coordinate with the Front Office and shareholders.
• Define risk appetite and profitability metrics for new transactions.
• Build relationships with counterparties and monitor their credit status.
• Leverage network relationships to gain strategic intelligence on credit risk.
• Publish daily credit exposure reports and ensure limits are maintained.
• Manage PCGs, Bank Guarantees, and CSA terms in collaboration with Legal and Front Office.
• Organize credit insurance processes, including due diligence and cost analysis.

Monitor and issue daily re...