Job description
Job responsibilities:
- Perform assessment on creditworthiness of counterparties in close collaboration with Front Office and other support functions
- Perform detailed credit analysis of counterparties and assigning internal ratings
- Participate in counterparty relationship development with Front Office
- Assist with negotiating credit, collateral, and payment terms in contracts in conjunction with Legal and Front Office, including ISDAs and physical master agreements
- Monitor credit risk indicators, exposures and limits
- Attend to queries from the Front office about potential trade exposures and credit limits availability
- Monitor news and credit events impacting portfolio of counterparties
- Understand risk calculation methodology
- Develop credit risk frameworks and methodologies for new products and markets
- Other ad hoc duties as assgined
Requirements:
- Minimum 7 years of credit risk experience in a commodities trading house or financial institution, with coverage of both physical and paper instruments
- Bachelor's degree in Finance (Corporate Finance, Accounting, Economics) or equivalent
- Usage of credit analysis tools (S&P Capital IQ, Moodys, Reuters or Bloomberg)
- Solid understanding of credit exposure and risk modeling methodology (Credit VaR/PFE) and counterparty credit risk standards
- Experience with the ISDA and physical master agreements is a plus