Job Description
My client is a physical commodities broker with a global presence and offices around the globe. They are looking to hire a credit risk analyst for their London office who will support the growth of the business by analysing financial statements (balance sheet / cashflow etc) and, eventually, approving limits.
Limit requests and new credit lines are proposed by the trading businesses and the credit risk team will gather the necessary financial documents, spread the accounts, conduct their analysis and formulate a limit for that customer. Limits are regularly monitored and are reviewed on both an annual and ad-hoc basis. Credit lines can extend anywhere from £25,000 to £10,000,000 and this role will cover customers across Europe.
The successful candidate will have 1-3 years of credit risk analysis experience and will come from either commodities, brokerage, banking, credit insurance or a broader financial services background.
They key skill is the ability to spread accounts, conduct key ratio analysis to assess a customers financial strength, produce a short credit memo outlining the key risks and mitigants and formulating an appropriate limit. This is an outward facing role with lots of customer contact and, post covid, the expectation is for this individual to go out and meet with and get to know customers.