Counterparty Risk Analyst | Commodities – Associate-VP, Singapore, Asia recruitment

The Role:

• Counterparty assessment – analysing counterparties’ credit worthiness in order to recommend appropriate credit limits and managing credit support (PCGs, LCs etc) where necessary. Regular renewal and continuous monitoring of counterparty status;

• Counterparty maintenance – developing and maintaining relationships with counterparties including support in negotiating trading documentation and maximising the credit lines

• Credit support provision – identifying the requirements for credit support for exchanges, operators and certain new business activities (not core trading) and evaluating and procuring the most cost-effective forms of credit support;

• Credit reporting and control – routine reporting of credit exposure and risk measures, and anticipation and management of breaches and exceptions.

• Build and maintain strong internal relationships across all business and support functions and ensure close liaison with other members of the risk management team;

• Assist in the development of the Credit Risk function including with counterparty assessment tools, advanced exposure and risk measures and development and documentation of credit risk management policies and procedures.

Ideal Candidate:

• Degree level education. Finance or numerate subject preferred

• Understanding of the key elements of Credit Risk Management with credit assessment experience from a commodity trading or banking environment;

• Experience of commercial lending and derivatives markets along with knowledge of energy markets and types of physical and financial energy products and their risks;

• Ability to produce accurate credit papers and reports within tight deadlines;

• Fluent in English. Other language skills would be a major benefit.

• Good computer skills;

• Strong analytical skills with the ability to communicate effectively at all levels;

• Able to cope with rapid business growth and challenging environment;

• Demonstrable experience as a Credit Analyst either within an energy company, bank or rating agency;

• Experience of and familiarity with the energy/commodity trading markets (particularly Oil, LNG and carbon allowances) is an advantage.