Senior Credit Risk Manager

Glencore’s Credit Risk department are seeking an experienced, self-motivated and driven Senior Credit Manager who can lead and manage a small team of Credit Analysts with a focus on Crude & Products and demonstrate expert understanding and application of credit risk analysis and management 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.

Recommend internal limits, security instruments, payment and credit terms.

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 team, setting and managing daily operational tanks and team strategy.

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

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