About us:

Treasury, Markets and Commodities Risk is the function that combines the activities of Line 2 Market Risk Oversight, Treasury Oversight and Commodities and Carbon Risk.

The Commodities and Carbon Risk team has a credit focus but works closely with Market Risk and other risk functions such as Operational Risk to cover the credit and physical exposures related to Commodities and Carbon.

This is role to support the demand and future growth of the IB&M Strategy.

Do work that matters:

Your main responsibilities will include:

Commodity Traders /Repo Portfolio – Managing a portfolio of clients with significant commodities footprint primarily including but not limited to commodity traders, hybrid companies (that have production and trading operations) and commodity product only clients;
Perform or oversight performance of Annual Reviews, Limit Increase requests, on-boarding, client due diligence (periodic and ad hoc) and contributions to committees or other forums;
Advises senior credit risk decisioners on transactional or portfolio risk concerns including industry dynamics; provides recommendations to ensure that credit risks are identified, managed, measured, monitored, and properly reported. Supports senior managers in establishing risk tolerance limits and developing risk management standards of practice that are consistent with industry standards. Makes high quality credit risk decisions in line with delegated Personal Credit Approval Authority;
Supports the development of risk appetite and oversight related to physical commodities holdings across Base Metals, Precious Metals, Agriculture and Carbon;
Contributes to the development of quantitative and analytical risk metrics and reports to manage, measure, and monitor global risk exposures. Completes high quality credit risk analysis and submissions. Provision of credit and risk appetite guidance to Line 1 and developing design of quantitative analysis methods and related technology-based tools to analyse data in order to effectively identify, monitor, measure, and manage credit risks.

We are interested in hearing from you if you have:

5-7+ years experience in credit risk, assessing new transactions and portfolio management, preferably in a Line 2 function having exercised a meaningful personal approval authority;
Advanced understanding of derivative and commodity related products, commodity markets and related industry knowledge;
Strong stakeholder management skills and an ability to deal with a range of internal and external senior stakeholders;
Comfortable with managing multiple priorities and deadlines with strong attention to detail and good analytics skills;
A role-model for the CBA values: Care, Courage and Commitment.

Please indicate your notice period and salary expectations on the application form.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 26/10/2024

Commonwealth Bank of Australia, London Branch jobs

Senior Manager, Commodities and Carbon Risk London