STATUS
TITLE
SALARY
LOCATION
COMPANY
ALERT
LIVE
Credit Manager
Excellent
Singapore/Hong Kong
Major international commodity company requires experienced Credit Manager for Asia.
This role will provide direct credit support for trading activities with main focus on Asia. Support duties include regular credit evaluations of existing and new counterparties, recommending credit limits in line with credit policies, daily monitoring of credit exposures, responding to credit queries and resolving credit issues.
Participate in negotiations for credit terms and conditions with business units, legal counsel and counterparties. Also recommend alternative financing solutions or provide credit advice where necessary for new business activities/deals.
Consultant: Tim Spragg,
Vacancy Reference: 2577
LIVE
Senior Credit Analyst
Neg
Hong Kong
Within a global commodity trading company, a senior credit analyst required in the Hong Kong office, reporting to the Global Head of Credit (also based in HK)
Experienced credit analyst required to work with the Head of Credit to improve and develop the framework for managing the credit risk for a large commodities trading organisation.
Candidates will be experienced in credit risk managments, including finacial analysis, setting limits and terms for counterparts, developing systems to monitor exposures and residual risk.
Candidates will have worked in a trading environment of bank, preferably with commodity experience. Should be highly analytical, with good IT skills.
Consultant:
John Whitehead,
Vacancy Reference: 2297
LIVE
Senior Credit Analyst - Commodity Finance
Neg
London
Within a bank concentrating on Trade Finance, the primary responsibility is for the editing of Credit Memoranda and follow up on the progress through the credit chain.
Principal responsibility - Work with product/relationship managers and clients to understand their strategic and financial plans, and specific requirements and expectations both at inception and on an ongoing basis.
- Annual and periodic review of clients’ operating and financial performance.
- Accurate and current credit exposure and risk management in line with credit approvals policy and procedures.
- Work with product/relationship managers to establish and define credit requirements, including deal structuring and risk mitigation
- Analysis of medium to long-term prospects of clients and industry in the context of current economic and competitive environment.
- Financial degree
- Working knowledge of Trade and International Trade Products preferred.
- Excellent credit/risk assessment skills gained through corporate/investment banking experience.
- Strong financial modelling skills.
Consultant: John Whitehead,
Vacancy Reference: 2469
LIVE
Totem Commodities Analyst
Market
London (potentially New York)
The TOTEM desk is looking to add an experienced market professional to their commodities team. The successful candidate will be involved with all aspects of the commodities services, ranging from the running of the energy service at month-end to all aspects of maintaining, building and developing this service during the remainder of the month.
The position will be based in London. There may be an opportunity for a candidate to be based in New York in the medium term.
The TOTEM service, founded in 1997, provides the major market makers in OTC derivatives with definitive consensus market prices. More than 50 of the leading banks, trading houses and other investment professionals use the TOTEM service as the key independent check of their trading book valuations. The service encompasses the equity, interest rate, currency, commodity, credit and bond markets, providing comprehensive matrices of vanilla prices and a wide selection of exotic products.Duties and Accountabilities
Sales and marketing of the Totem service Managing client relationships Client entertainment New product development Operational review and continuous improvement of procedures and systems Production of the month-end consensus data - analysing client data - building or enhancing analysis tools in conjunction with the development team - dealing with ad-hoc client requests
Competencies The candidate will have a strong grasp of the driving factors behind the market price movements and pricing mechanisms in the commodity markets.
The ideal candidate will have - experience of working in an investment bank, trading company, energy merchant or utility company in a trading, scheduling, risk management or product control function. - a thorough understanding of the markets for (and trading conventions in) North American gas or power markets, or the global oil market complex. Other relevant experience in any of the following areas will be an advantage - Other commodity markets - Options markets - Other financially traded products It is likely that the successful candidate is familiar with the Totem service in his or her current role.
Personal Characteristics Be highly numerate, detail-oriented and thorough. A readiness to identify and develop new opportunities
The candidate should be able to establish and maintain good client relationships, identify and develop sales opportunities with existing and new clients. Communication within the team is key at month end. We are handling large amounts of data and have very tight time-frames. It is essential that any issues are swiftly communicated and dealt with.
The Totem desk is a tight-knit team with many years of experience in all aspects of trading and risk managing derivatives across all markets and a new team member will be expected to join in and occasionally take responsibility for various team tasks However, it is important he or she is also be willing to express his or her opinion.
Consultant: Darcy Horrocks,
Vacancy Reference: 2543
APPOINTED
Senior Credit Risk Analyst
Market rate
London
Senior Credit Risk Analyst sought for major trading house
Our client is looking for a Senior Credit Analyst with corporate credit analysis experience gained ideally through an investment banking background. Candidates that are able to analyse both corporates and FI’s would be ideally suited. Experience of reviewing clients that operate in the Commodities sector would be a distinct advantage, and a knowledge of setting credit lines to cover the margin requirements of futures and options would be beneficial.
The role involves:
- Qualitative and quantitative analysis of Corporates and Financial Institutions
- Recommendations on credit facilities and presentation to Credit Committee
- Client visits, as required, both domestic and international
- Report compilation for management (standard and ad hoc requests)
- Ad hoc and routine projects and initiatives.
APPOINTED
Corporate Credit Risk Manager
€120,000
Benelux
Major European Energy Group is looking to recruit a Corporate Credit Risk Manager.
The Credit Risk Manager will be responsible for company wide consolidated credit policy including customisation to specific business units, contributing to the transparency of the global credit risk of the group. Developing credit risk reports for the Executive Board and contribute to business unit risk analysis. Validation of business unit processes and procedures for approvals and reporting. Actively contribute to the capital allocation process within the Strategic Holding Company to ensure credit risk assessments are properly incorporated into any investment deployment or risk capital management. The Manager will actively contribute towards the defence of the company’s overall credit rating and capital adequacy.
APPOINTED
Financial Credit Analyst, German
Up to £40,000
London, UK
Financial Credit Analyst is sought to join established energy trading operation active in UK and continental markets.
The financial credit analyst will be involved in analysing financial data in order to facilitate trading and will work closely with the head of credit providing essential financial analysis support to the credit team. This will involve extensive financial analysis and reviews. The company would expect the analyst to progress rapidly and should expect to get more exposure to trading, commercial activities and derivatives. Notably in the continental markets. Financial analysis experience in a credit risk function and fluent German essential. Knowledge of the energy markets and derivatives is not a prerequisite as the client would be happy to train. Ideally possess formal credit experience and or training.
APPOINTED
Manager, Credit
£40-50,000
London
Manager, Credit Control in a Structured Finance Department of a Bank in London
Working witihn the Structured Finance Department, credit control and collateral management responsibiities will include (75%):- Administration, including monitoring utilisation/drawing are within terms and limits
- Account Management matters including authentication od utilisation requests
- Daily liaison with back office/documentary dept./treasury,
- Authorising loan bookings, LC issuance, document presentations
- Daily monitoring of collateral position and preparing reports, discussing with originators and risk analysts
- Verification of physcial asset collateral
Candidates will have 3 + years working in a credit/commodity finance environment
APPOINTED
Credit Risk Manager, Gas & Power
Up to £55,000
London, UK
Credit Risk Manager is sought to join major Energy company active in UK and European Gas and Power markets.
The role plays an integral part of the energy risk management group covering market and credit risk. The risk team has a UK and European focus and risk mandate covering the whole scope of credit including documentation and Europewide counterparty valuations. The Manager will be responsible for policy development and coordination of resources from market risk, credit risk, legal and other areas. The ideal candidate should have at least 2 years experience in credit risk, preferably in a managerial function covering gas and power. European exposure would be an advantage.
APPOINTED
Credit Risk Manager, Base and Precious
Negotiable
London, UK
Base and Precious Metals division of this major natural resource bank is looking to hire a Credit Risk Manager.
The successful candidate will be responsible for analysing counterparty credit risk exposures with a focus on Base and Precious metals. This will involve continuous liaison with the commodity and energy business units for credit verification purposes as well as ongoing liaison with internal departments - Legal/Documentation, Operations, Compliance, Market/Country Risk, Front Office, and Management team. Input and assistance with respect to documentation, legal, ISDA, collateral issues etc. Liaison with customers and attendance on client visits/meetings where appropriate. The ideal candidate should have proven credit training background developed within recognised institutions, ideally from a banking environment. Exposure to Base and Precious Metals products and counterparties. Ideally an understanding/experience of the Emerging Markets. Ability to perform in a pressured, time critical environment and provide reasoned/quality assessment/justification to support a credit decision and be able to communicate the same to management/front office personnel.
APPOINTED
Credit Manager, Front Office
Negotiable
Continental Europe
One of the leading European energy companies is looking to appoint a Credit Manager for their front office trading and portfolio management.
The Credit Manager will report to the overall Head of Legal and Credit Risk and will be providing a direct support to the front office business in identifying, evaluating and managing credit risk. This will specifically entail analysis of the daily credit reports, contracts advise and proposal. Working closely with the traders and originators acting as a link between front office and credit risk control division advising traders, portfolio managers, legal advisers and management on credit risk. Day to day operational management of credit risk (credit mitigation, collateral management, reconciliations and counterparty liaison and resolution. Management, coordination and coaching of a Junior Credit Officer.The ideal candidate should have a university degree in applied economics, finance or similar. You have 3-6 years professional relevant experience in a front office position or a credit department, with a solid track record. Experience should be from either an energy company, banking institution, consulting company or audit firm. Experience in commodity/energy markets. A previous experience in the following fields is considered as a strong asset: Financial markets and products; Credit risks related to financial and physical forward contracts; Credit instruments and their application areas. You have strong interpersonal skills. A first experience in people management is an asset. You are perfectly fluent in English, both in written and oral communication. Knowledge of any other language is an asset (French, Dutch, German, Spanish, Italian...). You have strong analytical skills, and excellent Excel skills (Visual Basic skills are an asset). Assertive and stress resistant, you have also a high level of integrity. The role carries a leadership and coordination challenge in various processes. The manager is expected to challenge these processes. Deal with the credit vs front office issues as they arise. Eager to learn, tenacious, with a strong business drive, you are also a real team player able to transfer your knowledge, and able to coordinate the inputs/actions of various units. A hands-on developer. Someone with a genuine interest in front office business in all its aspects (from deal conclusion to deal settlement), with ability to understand (and willing to work in) the link between FO business and activities enabling/supporting/controlling this business. Business facilitation/team working skill are important (team management are less in the start phase)
APPOINTED
Junior Credit Analyst
Negotiable
Continental Europe
Junior Credit Analyst required for pan European energy trading company.
The ideal candidate will be responsible for customer, industry and country analysis, contracts execution, monitoring and calculating exposure and managing margining agreements. Duties will include assisting in the monitoring and management of counterparty and portfolio credit risk, analysing credit worthiness of counterparties, carrying out industry analysis, recommending credit limits and negotiating credit terms with counterparties in cooperation with the credit officers and administrative assistance with contract executions, filing, data quality, receipts of annual reports etc. The ideal candidate will have a university degree in finance, accounting or economics, knowledge of general credit administration, good written and oral communication skills in English and ideally German.
APPOINTED
Senior Credit Officer
Negotiable
Continental Europe
Senior Credit Officer is sought to join large European energy company working closely with the Head of Credit.
The Credit Officer will be responsible for relationship management and building, identify market, country and industry risk issues. Stay abreast of market developments and regulatory changes. Make recommendations in terms of rating and limits to the Credit Manager. Negotiate and execute master contracts. Run credit reporting tools to trading and other units. The ideal candidate should have at least 2 years credit experience gained in energy. Ideally with some exposure to UK market. University educated, excellent analytical, negotiating and communication skills essential.
APPOINTED
Credit Analyst
£35-£45,000
London, UK
Credit Analyst is sought by global brokerage house. Analyst will be involved in Financial analysis and review of both Corporates and Financial Institutions.
The Analyst's remit will be to make credit recommendations, undertake credit administration and client correspondence. Report compilation for London and New York management. Liaison with Account Executives, Counterparties, Group Credit, Risk, Margins and Documentation departments. The ideal candidate should have at least 12 months experience in credit risk gained within a financial/commodity/energy environment.
APPOINTED
Global Credit Manager
to £140,000
London
Reporting to the CFO, and responsible for the protection of assets in excess of $1b, this role requires a blend of financial knowledge, analytical skill, credit expertise, and leadership skills. Emphasis is placed on developing the teams in different geographies, in particular engaging the individuals with training opportunities, professional development and performance feedback.
The candidate will have at least 10 years of relevant experience, including three years at management level. Understanding of financial products including, swaps, repos, options, futures and OTC transactions and credit analysis experience including hedge funds will be required.This will suit a results orientated professional with strong communication skills who can work in a dynamic and face paced industry.
APPOINTED
Financial Credit Analyst, German
€60 - €80,000
Continental Europe
Financial Credit Analyst is sought to join the credit department of this major European Energy Company.
Reporting to the Credit Manager, the Financial Analyst will be responsible for evaluation of counterparties, countries, industries on their credit standing using business model, financial and other analysis as required. Preparation of process and establishing models to analyze creditworthiness of counterparties. Counterparties include both Trading Counterparts and also Wholesale customers. The ideal candidate should possess degree level education (pref. Finance, Accounting, Economics or equivalent). Have experience of credit analysis in a banking environment. Knowledge of Microsoft Excel and preferably experience of other software packages/systems e.g. Access, Visual Basic. Fluent German. Analytical, inquiring mind with good commercial sense. Good interaction skills. High stress resistance level.
APPOINTED
Credit Analyst
Circa £26,000
London, UK
Large general trading company currently has a vacancy for a Credit Analyst working within the Credit and Audit Department.
Working within a department of 5 staff the ideal candidate will be responsible for analysis of company financial statements and recommendations of valid credit lines in conjunction with the department manager, compilation and analysis of overdue a/c receivable and overcredit positions, assiting trading departments in the collection of difficult debts and country risk assessment. Experience of analysis or credit assessment of companies on a worldwide basis, and experience of working in a financial or accounting environment is required. Knowledge of import/export and documentary credit will be helpful.
APPOINTED
Senior Credit Officer
Negotiable
Continental Europe
One of the leading European energy companies is looking to appoint a Senior Credit Officer for their trading division.
The Credit Officer will report to the overall Head Credit Risk and will be providing a direct support to the front office business in identifying, evaluating and managing credit risk. This will specifically entail analysis of the daily credit reports, contracts advise and proposal. Working closely with the traders and originators advising traders, portfolio managers, legal advisers and management on credit risk. Day to day operational management of credit risk (credit mitigation, collateral management, reconciliations and counterparty liaison and resolution. The ideal candidate:
- University degree educated - in applied economics, finance or similar.
- professional relevant experience in a front office position or a credit department, with a solid track record.
- Experience from either an energy company, banking institution, consulting company or audit firm.
- Experience in commodity/energy markets.
- Experience in the following fields advantageous: Financial markets and products; Credit risks related to financial and physical forward contracts; Credit instruments and their application areas.
- Strong interpersonal skills.
- Some experience in people management and development (although we will consider a snr analyst ready to step into a management role
- Perfectly fluent English, both in written and oral communication. Knowledge of any other language is an asset
- Strong analytical skills, and excellent Excel skills
- Assertive and stress resistant with a high level of integrity.
A hands-on developer. Someone with a genuine interest in front office business in all its aspects (from deal conclusion to deal settlement), with ability to understand (and willing to work in) the link between FO business and activities enabling/supporting/controlling this business.
APPOINTED
Senior Credit Analyst, German
Negotiable
London, UK
Senior Credit Analyst is sought to join Leading international energy trading company currently expanding their credit department to support increased business.
The successful candidate will have specific industry knowledge of the energy market that includes gas and/or power and/or oil and a proven ability to carry out in depth analysis of company accounts. The successful candidate would typically have formal credit training, good report writing and counterparty analytical experience. A pro-active and positive contribution to the team is key. It is essential that the candidate is a fluent German speaker or fluency in the Nordic languages would be an advantage. Product knowledge of derivatives backed up with 2-3 years analytical experience in a similar role is vital.
APPOINTED
Credit Risk Management Quant
Market Rate
Canary Wharf, London
Bulge-Bracket bank needs an experienced credit risk quant to join its London team.
Provide quantitative support and analytics development for Credit Risk Management across the European region. Work with credit analysts, sales and trading to quantify and manage the counterparty potential exposure of new trades and existing portfolios. Develop quantitative models for credit risk analysis.
The successful candidate will have a sound quantitative background combined with experience of financial modelling and/or risk management methods. Strong interpersonal skills are also required.
Duties and Responsibilities: - Analyze counterparty potential exposures on a trade, counterparty and portfolio level, interacting with credit analysts, trading and sales forces.
- Develop, implement and operate models to measure counterparty risk: potential future exposures, stress tests, credit valuation adjustments, credit risk mitigants.
- Produce quantitative risk reports for senior management, credit analysts, sales/trading and regulatory bodies.
- Other quantitative projects.
- Good numerical qualification in a quantitative subject such as physics, mathematics, finance, economics, statistics, engineering or the equivalent. An MBA or other relevant advanced degree(s) is preferred. Applicants who do not meet this criterion may be considered on the basis of their exceptional work experience and potential.
- Relevant experience in a risk/quantitative analyst role or similar.
- Financial engineering, derivatives pricing knowledge & credit analytics skills are desirable.
- Familiarity with C++ and/or Excel/VBA based model development.
- Pragmatic, results-oriented attitude.
- Team player with strong communication and interpersonal skills.
APPOINTED
Head of Credit & Risk
Negotiable
London
Global brokerage is looking to appoint a Head of Risk, Margins and Credit. Reporting to the CFO the successful candidate will head up a team of 10.
The role will involve hands on direction of 3 teams across risk, credit and margining. This will include overseeing of margin calls, prop trading limit setting, liaison with the risk committee, risk assessments and calculation, regulatory affairs, credit risk, counterparty risk, liaison with the group credit risk and credit committee. Supervising and heading of the Risk analyst team and an active member of the Risk and Credit Committee. Liaising with regulators regarding the adequate credit management policy and market risk methologies and models including systems. Report into senior management with regard to Risk issues. Liaising with the U.S. on joint margining strategy. Preparing reviews for verification by the U.S. The ideal candidate should have at least 5 years experience in risk or credit analysis, or both.
Graduate level education or above in a numerate subject. Knowledge of metals, softs, financial futures and foreign exchange. Strong I.T. skills.
At least 2 years management experience. Experience of change management. Knowledge of FSA regulations.