Commodities Traded Credit Risk Analyst

Tier 1 Bank seeks Commodities Traded Credit Risk Analyst who will be responsible for credit risking trades, credit limit monitoring, monitoring the impact of market ves on the counterparties` portfolio, and being the main point of contact to approve new products within the Bank.

Commodities Traded Credit Risk Analyst | Credit Risk

Location: London

Salary: GBP50,000 – GBP70,000

Working within the commodities asset class, the Credit Analyst duties include: trade risking, trade clearing with front office, exposure investigation, the development and implementation of risking approaches for vanilla and structured transactions. Own risk modelling as well as liaising with Credit Risk Analytics and Structuring for more complex modelling. A particular focus of change the bank projects will include designing a new credit risk engine for our physical oil operations, as such the candidate is expected to be knowledgeable in physical oil trading.

The Role:

• Experience in physical oil is a pre-requisite, ideally with European and US exposures.

• Experience working within a trading environment in any role that deals with the pricing and trading of Commodities Products (Front Office/Risk/Product Control Group function). Operations backgrounds will be considered with good quantitative exposure.
• General market understanding across a variety of Commodities is preferable.
• Application of credit and/or market risk methodologies and concepts.
• Familiarity with derivatives instruments.
• Knowledge of legal documentation utilised in commodities trading.

Ideal Candidate:

Ability to think and make decisions under pressure and under short time-frames
Very strong attention to detail
Maturity and presence to 1) manage competing priorities in the best interests of meeting the bank`s objectives, and 2) communicate effectively with colleagues at various levels of the organisation
Capable of detecting any improvements that can be made to systems and risking processes solutions
Strong Excel and Access skills and ability to use these tools to gain efficiency in daily process
Experience in OpenLink and/or SRA trading systems
Understanding of VBA

Please send responses to risk@selbyjennings.com

Type: Full-time

Location: London

Category: Risk Jobs

Apply Email: risk@selbyjennings.com