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 assigned.
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.
Interested applicants please send your resume in MS Word format and address it to Tan Joanna (R1104661).