Bunker Jobs: Credit Risk Manager

Job description

Arte Bunkering is searching for a Credit Risk Manager to join our Risk Management team and reporting to our Head of Credit Risk. Main responsibilities will be:

• to manage and carry out the risk relevant due diligence for a dedicated portfolio of counterparties
• to ensure all accounts remain within the risk appetite limits of Arte Bunkering
• assist traders in building trustworthy risk balanced client relationships

Arte Bunkering, as a growing company, will offer a new Credit Risk Manager vast opportunities to develop and grow your analytical skill. It is imperative that a new Credit Risk Manager is proactive, responsible, understands, identifies and mitigates key relevant bunkering risks when they arise, remains service-minded towards in-house “customers” and is capable of structuring tasks as they arise.

Areas of Focus

• Managing the onboarding and perpetual KYC process for all flagged counterparties within the portfolio
• Responsible for ongoing credit limit decisions (new limits / reviews) for your portfolio, within the limits of authority. If necessary, present your case in our weekly credit committee
• Proactive support of trading desks on transactional basis if needed including but not limited to suggesting risk mitigating solutions
• Monitor and report on the credit risk within your portfolio to ensure that it is within approved limits and complies with our global insurance policy
• Comment weekly on overdue accounts within your portfolio and decide on an actionable plan to recover.
• Defining maximum CIA-Supplier limits for our Supplier base
• Establishing and Implementing a regular market monitoring
• Implementation as well as continuous improvement of the Group Credit Policy and Operating Procedures
• Establishing and Presenting regular global risk training sessions.
• Due diligence visits to counterparties if needed and developing and managing relationships with key counterparties

Requirement

The successful applicant must possess the following skills:

• 4 - 5 years of work experiences in a similar capacity within the industry
• Completed higher education
• Fluent in written/oral English, further languages are an advantage
• Must be able to follow policies & procedures and show interests in further developing the same
• Proficient in Excel, Word & PowerPoint
• Excellent communication skills to present your credit decision to stakeholders
• Be enthusiastic and dependable
• Be focused and goal oriented
• Have good organizational skills and be able to multitask
• Be able to structure your workday whilst being part of a small team
• Be inventive and resilient

We Offer:

• An exciting and challenging job in an international and expanding Company
• Great possibility to develop your analytical skills
• Good career options
• A young and motivated team of colleagues
• Modern infrastructure
• A fully competitive salary in the market of your residency based on your actual qualifications and the job at hand
• Excellent working environment

Apply here: https://www.linkedin.com/jobs/view/2166919558