Credit Risk Analyst – Physical Oil Trading (Africa Markets)
Are you an experienced Credit Risk Analyst with a strong background in physical oil trading and expertise in African trading counterparties?
Our client, a leading commodity trading firm, is seeking a skilled professional to manage and assess credit risk exposure across their Africa-focused trading activities.
Key Responsibilities
Conduct credit risk assessments by analysing and evaluating the creditworthiness of African counterparties in physical oil transactions.
Develop and implement risk mitigation strategies to minimise credit exposure while supporting commercial growth.
Perform financial statement reviews, market risk evaluations, and due diligence on counterparties.
Monitor counterparty performance and exposure, ensuring compliance with internal credit limits.
Work closely with traders, finance, and legal teams to support commercial decision-making.
Utilise guarantees, letters of credit, ISDAs, netting agreements, and other industry-standard security instruments to manage credit risk.
Apply quantitative credit risk measures such as Potential Future Exposure, Expected Credit Loss, and Loss Given Default.
Ensure adherence to internal credit risk policies and external regulatory requirements through accurate reporting and compliance monitoring.
Key Requirements
A degree in finance or a related field, with strong technical knowledge in credit risk management and financial analysis.
A minimum of five years’ experience in credit risk within a commodities setting, specifically analysing oil and gas counterparties in a bank or commodities house.
Strong fundamental knowledge of commodities markets and their risk drivers.
Expertise in trade finance and credit risk management, with the ability to structure deals and assess financial risks.
Strong analytical, problem-solving, and organisational skills, with great attention to detail.
Excellent written and verbal communication skills, with the ability to engage effectively with internal and external stakeholders.
A self-motivated approach with the ability to learn quickly and take initiative to broaden knowledge.
The ability to work effectively as part of a team in a fast-paced and dynamic environment.
Additional language skills, particularly French or Portuguese, would be an advantage.
This is an excellent opportunity to join a dynamic trading environment and work with a top-tier team. If you meet the requirements and are looking for your next challenge, we would love to hear from you.
Apply now or contact me for more details.