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Credit Risk & Reporting Analyst

Employer
Glencore
Location
Johannesburg Johannesburg, Gauteng Gauteng, South Africa
Salary
Competitive
Closing date
Jun 18, 2024

View more

Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
We are seeking a Credit Risk & Reporting Analyst who will be part of Glencore's global Credit Risk team for the oil & gas division. The global department provides credit risk advisory, reporting and macro-economic analysis for the oil & gas division.

Responsibilities:
  • Be on top of the exposure and credit mitigation (collateral & settlement management and stock monitoring) Glencore is holding on some specific high-risk counterparties and to clearly communicate the risk position to internal stakeholders.
  • Creation and distribution of Credit Risk reports (bespoke, cross-group and cross-functional) for the Global Risk Function.
  • Validating and explaining Credit Risk data (exposures and mitigation) generated from our various systems.
  • Monitor stock progression.
  • Settlement management: monitor upcoming payments and ensure receipt of funds/timely payments.
  • Identify risks arising from the different trading structures.
  • Maintaining Data Integrity across our various systems.
  • To communicate effectively with senior management and the credit team.
  • Identify and present issues to relevant Global teams, clearly and logically.
  • In-depth financial analysis including spreading financial data, helping to score counterparties through in-house scoring models and updating Credit Rating and advising on credit risk appetite.
  • Any other ad hoc duties that may be required from time to time.

Key relationships:
  • Credit team (London)
  • External Counterparties
  • Other Risk functions

Qualifications:
  • Tertiary Qualification- Bachelor's Degree - (preferably in finance, risk management, accounting, economics, business studies)
  • Relevant Post graduate qualifications beneficial

Work experience:
  • Ideally 1-3 years of Credit Risk management experience but not essential.
  • Financial Analysis experience would be beneficial.
  • Coding skills in VBA, PowerBI, Python advantageous.
  • A solid understanding of credit risk, and credit mitigation structures.
  • Excellent reporting and monitoring skills.

Competencies:
  • Proficient knowledge using Microsoft Office (i.e. Access, Excel, PowerPoint)
  • Good working knowledge of Excel spreadsheets and database functionality e.g., forms, templates, and logic functions.
  • Strong communication skills,
  • Attention to detail and accuracy.
  • Ability to work independently & as part of a rapidly changing team.
  • Multi-tasking and excellent management of time and priorities is essential.
  • Highly numerate, with good problem-solving and analytical skills.
  • Pro- active, committed and highly motivated.
  • Ability to work independently.
  • Ability to work well in a team.
  • Need to be adaptable, flexible, and entrepreneurial.
  • Takes initiative and invest energy to resolve queries.
  • High level of attention to detail and data accuracy, ensuring analysis is focused on delivering practical business benefits, often in tight deadlines.

Please apply on the Careers Portal: Applications Close:

https://www.glencore.com/careers/career-opportunities 14 June 2024

This vacancy will be filled in line with the Employment Equity Plan of Glencore. By applying for this position, you consent to Glencore collecting, storing, using, destroying, and processing in any other manner personal information for purposes of attending to this advertisement, and/ or all matters relating thereto, including the disclosure to third parties of such personal information for purposes of confirming such personal information. In the event you do not hear from the Company within 21 days after the closing date of applications, please consider your application to have been unsuccessful. The CVs of unsuccessful candidates will not be returned.

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