Commodities Trading Credit Risk - Manager
- New York, NY
The Credit Risk team is seeking a talented professional to join their team in the New York office.
Seize this great opportunity to work in an exciting, dynamic environment where your contribution is recognized from day one. Key to our success is the entrepreneurialism we encourage in all our people, and we give you the opportunity to progress your career as quickly as your ability demonstrates.
As a Manager in our commodities-focused, Credit Risk team in New York, you will be responsible for overseeing the risk profile of the corporate counterparties transacting with our New York commodities trading businesses, including the exchange-traded and OTC derivatives activities within the Commodities and Global Markets division. The expansion of our trading businesses in the Americas offers variety in your work, as well as unmatched learning and development opportunities to work with an established and experienced credit team. You will be responsible for liaising with various stakeholders, including relationship managers, operations teams and legal in overseeing this portfolio, with responsibility also extending to management of junior analysts who support these trading businesses.
Your persuasive communication skills combined with the confidence when being challenged, cross disciplinary thinking and entrepreneurial spirit will aid you in speaking to traders/marketers to respond to trading requests, as well as meeting with existing and potential clients as part of the due diligence process and to gain a better understanding of the client's financial position and operations. You will review new counterparties (primarily corporate counterparties and trading companies) and provide recommendation/opinion on establishment of limits. Assisting with transactions early in the deal process, identifying key issues and coordinating the credit response, annual reviews for existing counterparty limits, and monitoring credit exposures will require your high degree of ownership, delivery and timeliness.
Strong numerical and analytical skills and a genuine interest in financial markets, as well as knowledge of current market activity, will be demonstrated in your due diligence and negotiation of legal documentation. You will provide portfolio analysis and report to senior management about the real time, ongoing and self-initiated monitoring of counterparty developments and market changes.
This role requires 5+ years of relevant experience and qualifications in finance, economics, engineering, or other quantitative disciplines. Being a collegial team member with a high degree of initiative and achievement drive, and an inquisitive nature will also be important traits for your success in this role.
If you are ready to explore this exciting opportunity further, apply today.
Find out more about Macquarie careers atwww.macquarie.com/careers
About the Risk Management Group
Risk Management Group is an independent, centralized unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed.Its divisions include Credit; Prudential, Capital and Markets; Market Risk; Operational Risk; Compliance; Quantitative Applications; and Internal Audit.
Our commitment to Diversity and Inclusion
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We recognize that flexibility comes in a variety of forms. Talk to us about what flexibility you need.
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