Specialist - Singapore - De Beers Group of Companies

De Beers Group of Companies

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

**Company Description

You're talented and adaptable. That's why you'll fit in.**As well as discovering, mining and processing many of the essential raw materials that enable, support and enhance modern life, our global business is involved in selling and marketing products copper, platinum and other precious metals, iron ore, coal, nickel and diamonds. Through our Marketing Business, we are able to offer innovative solutions to meet our customers' specific challenges. This includes physical products, logistics and technical support, as well as pricing and financing solutions.

**Job Description

What you'll do**The Specialist
Credit Risk is responsible for assessment and monitoring of credit risk exposure for all counterparties (suppliers and customers), especially within the Sourcing and Origination (S&O) portfolio. This role will also actively identify improvement opportunities within existing credit processes and leverage systems to automate tasks. This role will play a crucial role in being the lead point of contact for all S&O transactions.

Performance & Delivery

Leadership - Sourcing & Origination

Be a lead point of contact for the Sourcing & Origination (S&O) team regarding all credit risk inputs and transactions.
In conjunction with Manager and colleague
Credit Risk, to own and be responsible for decision making on S&O transactions and be representative in attending all Marketing Risk Committee meeting to present all credit reviews
Be responsible for the delegated approval of up to USD$50m of credit limits, and to exercise discernment and discretion on the escalation of highrisk cases for the relevant approval authorities
Structure appropriate credit protections for S&O transactions by conducting thorough risk analysis and financial modelling, includes but not limited to cash flow analysis, sensitivity analysis and stress testing etc
To keep abreast of best practices and recommend improvements specific to assessing S&O transactions
To provide mentorship and support in guiding junior members of the team

Ownership

Endtoend ownership of assigned commodity portfolio by completing credit reviews in a timely manner in ensuring zero backlog. To monitor portfolio on a daily basis and be accountable for highlighting all adverse credit news in a timely and accurate manner. This requires close and frequent communication with Front Office colleagues to ensure a deep understanding of counterparties (including risk factors impacting specific portfolio)
Preparation of credit reviews for new and existing counterparties. To analyze qualitative and quantitative information on all counterparties in determining internal ratings and appropriate credit limits. To consistently challenge appropriate internal ratings due to change in information.
Independent execution and assessment of all other complex transactions across a variety of financing structure, includes but not limited to debt, equities, royalties etc
To appropriately engage with Front Office teams in structuring credit mitigations, with a view to optimize risk versus reward
Provide support for secured credit arrangements including trade finance and credit insurance. Review and validate credit management reports including exposure and excess monitoring
Responsible for all weekly S&O reporting and all postdeal management reporting.

Stakeholder Engagement

Lead meetings and discussions independently with the stakeholders to drive the required outcomes on all S&O Credit Risk matters
Conduct credit trainings/workshops for Marketing front office as and when needed

Process Improvement

Drive standardization and automation of processes and continual improvements. Initiate and participate in system enhancement. Ensure credit files are kept uptodate at all times, all relevant information is updated in systems and all supporting documents are filed
Ensure credit processes maintain consistency with relevant governance framework documents

**Qualifications

What we're looking for*
Excellent knowledge of credit and financial analysis.
Experience of analysing risk on junior miners, startup mining companies as well as greenfield and brownfield projects.
Strong knowledge of risk mitigation concepts (including incoterms) gained within a commodity trading environment.

Excellent spreadsheet modelling skill. Able to produce and analyse financial / cash flow forecasts and perform scenario modelling.

**Additional Information

Who we are**Anglo American is a global diversified mining business. Our portfolio of worldclass mining operations provides the metals and minerals that make modern life possible. We use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

As a responsible miner - of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nick