* Identify, analyse and manage credit risk arising across the cross commodities counterparty portfolio of the Group
* Perform quantitative and qualitative analysis of credit portfolio movements, develop forecasts and identifykey drivers
* Develop and maintain strong working relationships with commodity trading desks and providerecommendations to optimize the current portfolio and new initiatives
* Provide insight into credit risk best practice, managing the credit cost framework and other credit risksteering metrics like CVaR and PFE along with SIMM models
* Steer the margined portfolio across various exchanges and OTC markets, evaluating limit usage, developstress scenarios and perform limit request planning for the relevant planning period
* Manage credit desk analytic tools and present the status of the credit risk portfolios to senior managementand trading functions across the organisation
The suitable candidate:
* Experience in a derivative trading business (Banking, Trading house or Commodities business)
* Minimum of 5 years working in a trading environment
* Experience in market risk, counterparty credit risk or traded credit risk
* Experience with SIMM model would be benefical
* Living or open to re locating to Germany (any major city)