Credit Analyst

Credit Analyst – Trade Finance / Commodity Finance London | Permanent | Up to £80,000 ETRA Talent is recruiting for an established international wholesale bank that provides tailored financing solutions to corporate and institutional clients. The bank supports cross-border trade and investment through corporate lending, transaction banking, trade finance and structured finance. Its work includes financing the international movement of goods and commodities through facilities such as letters of credit, guarantees, receivables finance, working-capital facilities, pre-export finance and other structured trade solutions. We are looking for an experienced Credit Analyst with a strong background in corporate credit underwriting and direct exposure to trade finance or commodity finance. This is a credit-analysis position, not a trade-finance operations or document-processing role. The role You will be responsible for assessing and monitoring corporate credit risk across a varied international portfolio. Your responsibilities will include:

• Undertaking detailed financial and credit analysis of corporate borrowers.
• Assessing new transactions, facility renewals and annual credit reviews.
• Preparing high-quality credit papers and presenting clear recommendations to senior stakeholders and credit committees.
• Reviewing transaction structures, repayment sources, security, collateral and facility documentation.
• Assessing risks connected with trade flows, commodities, counterparties, jurisdictions and individual transactions.
• Analysing financial statements, cash flow, leverage, liquidity and debt-servicing capacity.
• Monitoring limits, covenants, exposures and changes in borrower performance.
• Working closely with relationship managers, front-office teams, legal, operations and other risk functions.
• Supporting the continued development of the bank's credit portfolio and underwriting standards. Essential experience Applicants must have:
• More than three years' directly relevant experience in corporate credit analysis or credit underwriting.
• Experience gained within an international wholesale bank, specialist corporate bank, trade-finance lender, commodity-finance institution or a closely comparable banking environment.
• Direct exposure to trade finance, structured trade finance or commodity-related lending.
• Experience assessing corporate borrowers and writing detailed credit applications.
• Strong financial-statement, cash-flow and ratio-analysis skills.
• A clear understanding of facility structures, transaction risks and sources of repayment.
• Excellent written communication and stakeholder-management skills.
• Existing right to work in the UK. Sponsorship is not available for this position. Experience with products such as letters of credit, guarantees, receivables finance, supply-chain finance, revolving credit facilities, pre-export finance or commodity-backed lending would be particularly relevant. Who should apply? This opportunity would suit someone currently working in:
• Corporate credit underwriting.
• Trade or structured trade finance credit.
• Commodity finance credit.
• Credit risk within an international, wholesale or specialist bank. It will not be suitable for candidates whose experience is limited to:
• Trade-finance operations or document checking.
• Retail, mortgage or consumer credit.
• Credit control or accounts receivable.
• KYC, AML or compliance.
• Investment research without corporate lending or underwriting experience. Important application information Please apply only if you meet the essential requirements above, particularly the requirement for more than three years of relevant credit-analysis experience and exposure to trade finance or commodities. Applications that do not demonstrate the required experience will not progress. Due to the anticipated volume of applications, we may not be able to provide individual feedback to unsuccessful or unsuitable applicants.