Credit Risk Specialist

CITIC COMMODITIES PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in commodities trading is seeking a Credit Risk Manager to enhance risk assessment and compliance frameworks. The role involves financial analysis, oversight of credit exposure, and collaboration with stakeholders, requiring a proactive and analytical mindset. Candidates should hold a Bachelor’s degree and possess substantial experience in Credit Risk Management.

Qualifications

• Minimum of 3 years in Credit Risk Management.
• Experience in the commodities industry is a distinct advantage.

Responsibilities

• Responsible for counterparty credit risk assessment and recommendation.
• Monitor credit exposure and oversee credit risk reporting.
• Assist in developing a credit risk framework for international business.

Skills

Financial Analysis

Commodities Trading Knowledge

Analytical Thinking

Interpersonal Skills

Proactive Mindset

Bilingual in Chinese and English

Education

Bachelor's degree in Finance, Accounting or related Business disciplines

Tools

Microsoft Office

VBA

Job description

Job Description

• Responsible for counterparty credit risk assessment and recommendation
• Monitor credit exposure and oversees credit risk reporting
• Assist in developing a credit risk framework for the international business
• Identify and escalates limit breaches, provides support in resolution of key findings
• Keep abreast of industry regulatory changes and requirements
• Supports stakeholders with analysis and advice on credit risk matters
• Ensure compliance with internal controls with guidance from head office
• Oversee and improve upon existing compliance framework
• Other duties as assigned

Requirements:

• Possess a Bachelor's degree in Finance, Accounting or other related Business disciplines.
• Financial Analysis: Ability to independently review and analyze corporate financial statements to assess creditworthiness, liquidity position, and potential risk exposures.
• Commodities Trading Knowledge: Understanding of end-to-end commodities trading processes, including trade contracts, settlement terms, and risk-mitigating instruments such as guarantees or letters of credit.
• Minimum of 3 years in Credit Risk Management; prior experience in commodities industry is a distinct advantage.
• Analytical thinker with the ability to identify nuances in data.
• Proactive mindset, always anticipating potential risks and devising strategies to mitigate them.
• Strong interpersonal skills, able to collaborate and communicate across various departments effectively.
• Familiarity with Microsoft Office applications; proficiency in VBA is an added advantage.
• Bilingual in Chinese and English (written and spoken) in order to liaise with Chinese and English speaking stakeholders.