Credit Risk Analyst (Oil) at Glencore

Responsibilities:

• Conduct in-depth credit assessments of counterparties, including financial statement analysis, industry and country risk evaluation, and qualitative assessment of business model, including operations, market position and overall management strategy.
• Assist in setting reviewing credit limits, in collaboration with commercial teams taking into account payment terms, and risk mitigation tools such as collateral, guarantees and or letters of credit.
• Periodically and ad-hoc macro-economic and sector reporting.
• Creation and distribution of Credit Risk reporting (bespoke, cross-group and cross-functional) for the Global Function to senior stakeholders.
• Validating and explaining Credit Risk data generated from our various systems.
• Maintaining Data Integrity across our various systems.
• Assisting in the development of new and existing systems, processes and reports
• Support and assist in developing credit risk evaluation tools (Credit pricing, Stress testing, …).
• To communicate effectively with senior management and the credit team.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Any other ad hoc duties that may be required from time to time.

Key relationships:

• Credit team (London, NY and SG)
• Senior Risk Management team
• Other Risk functions

Qualifications:

• Bachelor’s degree in finance, Accounting, Risk Management, Economics, Engineering or a related field.
• Relevant Post graduate qualifications beneficial

Work experience:         

• Ideally 1-3 years of Credit Risk management experience but not essential
• Financial Analysis experience would be beneficial
• Coding skills in VBA, PowerBI, Python advantageous

Competencies:

• Proficient knowledge using Microsoft Office (i.e. Access, Excel, PowerPoint)
• Good working knowledge of Excel spreadsheets and database functionality e.g; forms, templates and logic functions.
• Strong communication skills,
• Attention to detail and accuracy
• Ability to work independently & as part of a rapidly changing team
• Multi-tasking and excellent management of time and priorities is essential
• Highly numerate, with good problem-solving and analytical skills
• Pro- active, committed and highly motivated
• Ability to work independently
• Ability to work well in a team
• Need to be adaptable, flexible and entrepreneurial
• Takes initiative and invest energy to, resolve queries and take action as needed
• High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines