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About the LME and LME Clear

The London Metal Exchange (LME) and LME Clear form the world centre for industrial metals trading and clearing, with the majority of all non-ferrous metal futures business transacted on our platforms. In 2022, 134.2 million lots were traded and cleared, equating to $15.2 trillion and 3.1 billion tonnes notional, with a market open interest high of 1.8 million lots.

The metals community uses the LME and LME Clear platforms to transfer or take on price risk, for clearing and settlement services, as a physical market of last resort and as the provider of transparent global reference prices.

The LME and LME Clear are HKEX Group companies.

Overall Purpose:

Join LME Clear, and you will grow your expertise and become the best version of you. LME Clear is a genuine risk management organisation and the primary function of the credit risk area is to protect the safety and soundness of the LME market. You will be supported and surrounded by other risk-focused professionals as you learn new skills, advance your career, and see the impact of your efforts every day.

As a Senior Credit Risk Analyst, you are responsible for the analysis and assessment of the quality of LME Clear’s credit exposures. You are expected to ask the right questions, learn and find solutions that enhance our risk management tools and processes.

You will have the opportunity to interact and understand the interrelationships with all areas within Risk Management accomplished in collaboration with Market Risk-, Liquidity and Collateral Risk-, Quantitative Risk- and Enterprise Risk Management. You will also interact with members, counterparts, regulators, and other LME Clear and LME departments. This means you will build relationships with internal and external stakeholders across the industry. The ability to work with colleagues at all levels throughout the organisation and with outside entities is vital.

Responsibilities:

• Key technical advisor related to credit risk across LME Clear and the LME

• Assess the credit quality, assign credit ratings and helps manage the portfolio of LME Clear’s and LME’s credit exposures

• Conduct credit risk assessment on acceptable collateral types (mainly sovereigns, MDBs), counterparties (members, investment counterparties, service providers, etc.) and clients.

• Particular focus for brokers is on liquidity risk assessment and -monitoring.

• Continuously improve the effectiveness and the efficiency of the credit review and credit scoring processes.

• Prepare strategic papers for Risk and Executive Committees

• Regular involvement and responsibility for projects, making sure project deliverables and  department objectives are achieved.

• Assist senior management in strategic activities such as activity and resource planning or longer term team targets

• Develop and maintain specific subject expertise and advises senior businesses management and relevant third parties

• Conduct industry and country risk analysis.

• Liaise with external and internal stakeholders and build relationships with the LME Membership

• Report-building with proficient excel- / macro- and Power BI skills that transform data into actionable credit risk insights. Monitoring /reporting on credit risk issues.

• Prepare papers on specific issues for Risk Committee and Executive Committee presentation.

• Present to Risk- and Executive Committees

• Liaise with external and internal stakeholders to ensure risk assessments are understood.

Academic and Professional Qualifications Required:

• Master’s degree or equivalent in quantitative finance, mathematics, economics or related discipline

Preferred Knowledge and Experience:

• Significant functional and industry experience and/or expertise. Expected to be subject area experts in multiple skill sets, business areas and products.

• Extensive credit risk experience at a top tier financial institution

• Proven record of FI credit risk assessment.

• Good understanding/ ideally experience in liquidity risk management of banks and brokers.

• Experience in data analysis and reporting – ability to work with large sets of data - affinity for numbers and attention to detail.

• Knowledge of PowerPoint, Excel, SQL, VBA, Power BI and Python

• Understanding of the LME and LME Clear

Skills Required:

• Expert analytical and technical skills in FI- and corporate credit analysis - strong numerical competency - effective critical analysis and reasoning skills.

• Persuasion and influencing skills sufficient to successfully change viewpoints and present challenging ideas to new or sceptical audience.

• Very good networker with regular contact among peers within the company and externally, including market participants, regulators and professional organisations

• Ability to put oneself forward as the 'go to' person for any form of technical, regulatory or management query from full range of stakeholders.

• Provide necessary guidance and encourage collaborative actions among colleagues in a timely and proactive manner

• Establish open, candid, and trusting relationships with internal and external stakeholders

• Ability to explain complex methodology to wide ranging audience.

• Ability to prioritise workload in order to meet deadlines and to manage expectations.

• Good judgment and clear decision making ability.

The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams, we welcome the unique contributions that you can bring in terms of education, ethnicity, race, sex, gender identity, expression & reassignment, nation of origin, age, languages spoken, colour, religion, disability, sexual orientation and beliefs. In doing so, we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication.

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