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Credit Analyst Commodities (Associate/Analyst)

Employer
Macquarie
Location
London (Greater)
Salary
Competitive
Closing date
16 Dec 2021

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Sector
Business & Consultancy
Hours
Full Time
Flexibility
Flexible working available
Contract Type
Permanent

Job Details

Join our team in London as a Credit Risk Analyst and play an integral role in supporting the development of the commodities desks in the Commodities & Global Markets division.  

Your role will be focused on assessing innovative hedging/lending solutions across a variety of business models, including commodity product trading (primarily gas, power and environmental certificates via OTC and Futures) as well as specialised lending and asset finance products.

You will be responsible for all aspects of the credit management of a diverse portfolio of European clients (utilities, trading houses, corporates etc.) including:

  • Credit analysis: Participate in initial and ongoing due diligence of clients. Perform quantitative and qualitative credit assessments, prepare accurate and rigorous written analysis, set internal ratings, recommend credit limits, and manage annual portfolio credit review processes.
  • Trade approval recommendations: Respond in a timely manner to provide risk-based recommendations and decisions on new trade requests.
  • Relationship management: Build strong working relationship with external clients, internal business partners including Sales & Trading colleagues, Risk counterparts, Legal and Operations.
  • Risk monitoring: Undertake regular exposure analysis including internal stress testing and monitoring of financial data and operational reports
  • Trading/Lending documentation: Liaise with Legal and clients in negotiating ISDA/CSA and EFET terms, Loan covenants etc.
  • Portfolio reviews: Preparation of portfolio reports and reviews, and
  • Strategic projects to support our business goals.

In addition, you will also be responsible to independently develop high quality credit analysis with a focus on business rationale key risks, sources of repayment, projections, and risk/reward profile.

You’ll need to bring the following skills and experience:

  • Strong communication skills to provide concise and insightful credit recommendations.
  • Developed interpersonal skills which will allow you to work effectively with various internal stakeholders and participate in client meetings.
  • Ability to identify and evaluate key risks that arise from proposed transactions and potential mitigants.
  • Familiarity with financial/physical commodity products and understanding of related credit exposure.
  • Ability to work on transactions in a fast-paced capital markets/trading environment.

Ideally, you will have solid knowledge of energy markets and OTC derivative and futures products, with strong organisational skills.  Your ability to communicate effectively at all levels with risk colleagues, front office stakeholders and external clients are key to your success in this role.  On the technical side, you will be a proficient user of Bloomberg, Word, Excel, and PowerPoint.  CFA/FRM or other equivalent professional qualification is a preference.

If this sounds like you, please apply via the link below.

About the Risk Management Group

The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.

Our commitment to Diversity and Inclusion 

The diversity of our people is one of our greatest strengths, and an inclusive workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.

Joining Macquarie means you’ll be able to work in a way that suits you best. With the right technology, support and resources, our people can work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.

Company

Working at Macquarie

We believe in providing a positive environment for all our staff that is innovative and inspiring. For our female staff, Macquarie’s senior leaders are actively involved in increasing the representation of females in management positions.  In June 2014, we launched a mentoring programme for females, with the following two objectives:

  • Address female retention rates at Senior Manager level and improve our diverse pipeline of talent;
  • Engage female Senior Managers by providing tools and support around their personal development;

The programme pairs up Senior Managers with Directors, who meet on a monthly basis, and are supported by active group sessions (bi-monthly) with an external facilitator.

We select some of the brightest minds to help us in solving complex challenges for our clients.  We recognise that recruiting talent from varied backgrounds is essential to improving our understanding of the marketplace, and enhancing creativity and problem-solving capabilities in our businesses.

Because of this, our commitment to you is to create a diverse and inclusive workplace regardless of age, gender, sexual orientation, gender identity, ethnicity or cultural background.

We make this commitment not only because it is the right thing to do but it opens up a world of opportunity, securing the future of our people, our success and our business

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