Glencore’s Credit Risk department seeks an experienced, self-motivated and driven individual with energy commodity experience and expert understanding and application of credit risk analysis in the context of a fast-paced commodities trading environment.

In details, the position encompasses duties and responsibilities as follows:

• Assess and provide advice to the business on counterparty risk and mitigations as they relate to deals and business proposals.

• Monitor and manage credit and performance risk exposure including analysing and resolving breaches, reporting non-performing counterparties and adverse credit events.

• Ensure compliance with the internal credit policy & procedures.

• Engage with Front, Middle and Back-offices functions, legal counsels, advisors and key stake holders on a regular basis to resolve credit related issues.

• Assist with the negotiation and execution of netting agreements, master trading agreements, credit clauses and security instruments.

• Provide leadership and mentoring to the junior team members.

• Supplement analysis to develop an assessment of client, competitor/ industry risks and trends.

• Help deliver on various Internal projects, bringing ideas and opportunities to improve and advance our approach to assessing, managing, mitigating and reporting Credit Risk.

The ideal candidate disposes of:

• A degree in finance (or other applicable subject) with solid financial analysis skillset.

• 6+ years’ experience in commodities analysing Energy counterparties, with a preference for physical trading experience.

• Working knowledge of typical security instruments and industry standard agreements (guarantees, LCs, ISDAs, netting…).

• Excellent written and verbal communication skills.

• Strong analytical, problem solving and organisational skills.

• Self-motivated and ability to learn quickly and take initiative to broaden own knowledge.   

• Ability to work in a team and engage with others, essential.

• Experience or able to demonstrate being comfortable within a fast-moving company and environment.

• Additional languages advantageous.