Specialist - Credit Risk

What youll do

The Credit Risk Specialist is responsible for assessment and monitoring of credit exposure for all counterparties within the assigned portfolio as well as provide solutions and value-add to the business by engaging in due diligence discussions and giving guidance on credit policy and risk appetite. It is a critical and highly visible role with accountability towards managing credit and counterparty risk across Marketings multi-billion dollar global portfolio spread across multiple countries industry sectors counterparts with risks originating from both physical as well as financial transactions. 

In this role you will cover a portfolio of counterparties and actively communicate with the various commodity sales and trading desks to fully understand the risk nature of the transactions requiring analysis and approval. You will use your analytical and technical skills to develop an independent and informed view of the counterpartys and the transactions risk profile.

The Credit Risk Specialist will contribute beyond day-to-day credit risk management including credit portfolio reporting deep dive analysis contribution to policy improvements projects and system initiatives. The role holder will exercise judgement to balance achieving an appropriate risk and reward return for the business engage strongly with stakeholders and collaborate with cross-functional teams to deliver key business initiatives.

KEY TASKS

Safety Health & Environment

We give our all to eliminating injuries because we value life and are unconditional about safety health and well-being at work and at home.

• Every Marketing Employee will spend time each quarter working on activity which supports Physical Health and Safety.

Leadership

• Be a point of contact for the Front Office teams regarding all credit risk inputs and transactions.
• Lead meetings and discussions independently with the stakeholders to drive the required outcomes on all credit risk matters with assistance and support from your line manager as needed.
• Support in development guiding junior members of the team contributing to a strong and supportive team environment.
• Keep abreast of industry best practices and apply those to identify improvement opportunities regarding policy process and procedures.

Credit Analysis and Advisory

• End-to-end ownership of the assigned commodity portfolio by completing credit reviews in a timely manner and ensuring zero backlog.
• Prepare credit reviews for new and existing counterparts that highlight current and potential risks in a clear and succinct manner and make clear recommendations to mitigate the identified risks.
• Conduct proactive research analyze financial statements and evaluate all available qualitative and quantitative information on counterparties to determine internal ratings and appropriate credit limits to ensure exposure remains within Marketings internal risk appetite.
• Engage with Front Office teams on early-stage potential transactions to communicate credit views and challenges on commercial proposals.
• Structure appropriate credit protections e.g. credit insurance and discounting by engaging with Front Office teams with a view to optimize risk versus reward.
• Work actively with counterparts Group Legal and other internal stakeholders in negotiating credit terms and credit support instruments as part of the documentation process for sales & purchase contracts and master trading agreements including ISDA/CSA.
• Assist with relevant data requests and credit risk insights across the business to ensure accurate data and robust insight feed into other parts of the business.

Portfolio Monitoring and Reporting

• Proactively keep track and monitor allocated portfolio from a counterpart industry and country risk perspective and be accountable for highlighting all adverse credit news in a timely and accurate manner. This will require close and frequent communication with Front Office teams to ensure a deep understanding of counterparties (including risk factors impacting specific portfolio).
• Examine daily credit reports to review exposures limits utilization levels across the portfolio. Monitor credit ratings and risk profiles to identify any emerging risk trends within the portfolio.
• Ensure credit files are always kept up to date all relevant information is updated in systems and all supporting documents are filed timely.

Process Improvement

• Support new business initiatives by providing guidance from a risk perspective. Participate actively in assigned cross-functional projects including contributing to change initiatives to realize greater efficiencies.
• Drive standardisation and automation of processes to achieve continual improvements. Initiate and participate in system enhancements. This includes PFE and Credit Cost system enhancements.
• Ensure credit processes maintain consistency with relevant governance framework documents.

Learning and Development

• Individual development within the role will be fast paced with new and interesting challenges presenting themselves through exposure to varied counterparts commodities industries countries and transactions across the full breadth of Marketing portfolio.
• Take personal responsibility to build a strong network of colleagues who will support your development as you will interact with a wide range of colleagues and teams across our global business.

Compliance

• Adherence to all Anglo American Group and Marketing policies and procedures as well as observing proper standards of conduct relating to the role.
• Comply with Anglo American Security and Operating Standards.

Qualifications :

What were looking for

• At least 6 years relevant experience with credit analysis particularly reviewing cashflow projections and conducting analysis of financial statements.  
• Ideally with experience of delegated authority or making decisions on Credit limits into the millions.
• Understanding of exposure to credit risk within a commodity trading environment.
• Broad product knowledge and competence in the analysis of trade finance traditional/structured transactions and derivatives.
• Good understanding of different sector risk dynamics drivers and fundamentals with an ability to apply this in the analysis of the counterpartys business and financial risks.
• Familiarity with risk management concepts used in different types of physical transactions that are typical within commodities trading.
• Good with credit management systems like Bloomberg S&P Capital IQ Cubelogic etc.

Additional Information :

Who we are

Anglo American is a global diversified mining business. Our portfolio of world-class mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine process move and market our products to our customers around the world.

As a responsible miner of diamonds (through De Beers) copper platinum and other precious metals iron ore coal and nickel we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve peoples lives.

What we offer

• Competitive salary and benefits package
• Amazing opportunities for learning and growth - from technical training to leadership programs we bring out the best in our people
• Were a large successful multinational company and there are plenty of opportunities internally to move onwards and upwards too

Inclusion and Diversity

Anglo American is an equal opportunities employer. We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are and provide equality of opportunity so that everyone can fulfil their potential.

Covid Vaccination Intent

Since safe and effective COVID-19 vaccines have become widely available this year we have strongly encouraged employees to get vaccinated at the earliest possible opportunity. However as vaccines have been proven to be a very effective and safe way of protecting people and reducing Covid-19 transmission we have now announced our intent to introduce a policy that requires Covid-19 vaccination for access to all sites and offices. This policy would apply to all new joiners to the company as well as existing employees and contractors.

We are in the process of undertaking a comprehensive engagement process with all our stakeholders about our intent. This is so we can tailor our approach in each country including ensuring what we do is lawful. Once this is complete we will look to implement the policy. There may be differences in how and when it is implemented due to local context and legal requirements.

How to apply

To apply for this role please complete our online application form. You will have the opportunity to upload your CV and other relevant documentation as part of this process.

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Remote Work :

No

Employment Type :

Full-time