Main Purpose:

Manage counterparty credit risk in relation to Trafigura’s core business of the trading of bulk commodities & energy products and to make well-argued recommendations (in English) for internal credit limit approval. Depending on the experience of the candidate, this role may incorporate approval delegation.

Knowledge Skills and Abilities, Key Responsibilities:

Knowledge, Skills and Abilities

Essential

• Minimum 5 years’ credit analysis experience from financial institution(s).  Ideally, knowledge of commodities, trade finance, portfolio management and recovery is highly preferred.
• Candidate with solid experience and required knowledge could be considered as Senior Credit Analyst.
• Degree-level education in a business, finance, accounting or numerate discipline (MBA highly preferred).
• Strong command of spoken and written English and Mandarin, meticulous and the ability to travel throughout China frequently to visit counterparties.
• Good understanding of the economic, political and business environment of China.
• The ability to work very independently and reliably with minimal supervision; a strong and capable self-starter
• Mature individual with an ability to assimilate large amounts of information, formulate clear views and opinions, and make presentations to senior management concisely and confidently.
• Personal characteristics: a solid commercial view – a team player – driven and ambitious – hard-working and flexible.  Able to take and handle responsibility. Resilient and enthusiastic. Confident and effective communicator.

Desirable

• Legal knowledge / recovery experience / understanding

Key Responsibilities        

• Responsible for end-to-end credit process including preparing all the tools like financial spread-sheet, Scorecard, etc, in-depth & objective analysis of various risks, quality presentation and ensuring fast credit approval.
• As liaison amongst Trader / Operations / Credit on credit request or other credit issues and ensure quick turnaround on queries.
• To conduct market, industry & client research (ROC Searches, annual statements, credit rating etc) &/or attend to ad-hoc assignment from time to time.
• Hands-on monitoring of China portfolio. Monitor quality of the portfolio by tracking weekly excess / past dues, Risk Triggers, Covenants and other credit conditions ensuring compliance to policy.
• To flag potential delinquent counterparties with appropriate action being proposed to Credit Manager / Senior Management.
• To assist Credit Manager in managing, structuring and recovery of delinquent counterparties.
• Ensure timely submission of quality routine& ad-hoc reports.
• To ensure proper maintenance of credit database and ensuring audit readiness at any time.

Key Relationships and Department Overview:

Key Relationships            

• Internal: Traders, Operations Staff, Treasury, Structured Trade Finance, Legal
• External: Credit Insurance providers, external legal counsel.