Adecco Permanent Placement is looking for its client a Credit & Counterparty Risk Specialist – Bucharest Hub.

Role Purpose Statement

Risk is inherent in all aspects of the commercial operations. As a result, Credit & Counterparty Risk is an essential factor that needs to be managed.

The incumbent will provide independent and objective analysis, monitoring and management of Credit &Counterparty Risk Management for supported by Bucharest Hub

Performance of daily routines, providing a service to the business, and help on the implementation of any structural changes (changes in requirements, systems, etc…).

Primary Responsibilities

• Manage counterparty risk analysis in accordance with policies, including: KYC checks and minimum due diligence, assigning credit grades, limits and minimum payment terms and approves exposure limits within delegated authority, escalation of exceptions.
• Improve accurate maintenance of counterparty information (grades, approvals, etc.) in SAP, CIMS and Delta
• Monitor Counterparty analysis renewal dates.
• Maintain management tools and reports for both countries to support business decisions and monitor credit exposures
• Monitor reports for exceptions and follows up as appropriate.
• Support on growing the culture of credit &counterparty risk with traders, local management and internal stakeholders
• Support on development of training materials and tools to have regular sessions with trading team about credit and compliance policies
• Cooperate with communications and networking within Credit & Counterparty Risk function structures, and wider family, to ensure full alignment and sharing expertise and best practices to help to grow the region.
• Can deputize for Credit & Counterparty Risk Manager – Bucharest Hub

Knowledge, Skills and Experience

• Bachelor degree or equivalent in economics, finance or related discipline
• 3 years of credit and counterparty risk management experience
• Supervisory experience a plus.
• Understanding of commodity trading including futures, physicals trading, hedging strategies and market risk
• Highly computer literate with a good working knowledge of Excel, MS Office suite, SAP
• Fluent in English and Italian or English and Spanish or English and Portuguese.

For more job openings please visit our website www.adecco.ro and register your CV in our database to be eligible for current or future job openings. All applications are considered strictly confidential.

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