Confidential
We are a dynamic precious metals trading business based in Pasadena, Texas. Our company is active in spot, forward, futures and option trading with clients in various industries across the globe. Our success is built on integrity, precision, and a commitment to excellence in all aspects of our operations. We are seeking a highly skilled Credit and Compliance Officer to join our team and ensure robust financial oversight and regulatory adherence.
Position Overview
The Credit and Compliance Officer plays a critical role in managing credit risk, onboarding potential customers, contracts, ensuring compliance with industry regulations, and establishing trading limits with counterparties. This position requires a proactive individual with deep expertise in commodities markets with a keen eye for detail, and an intimate understanding of credit and compliance responsibilities.
Key Responsibilities
Credit Risk Management: Evaluate and monitor the creditworthiness of counterparties, establishing appropriate trading limits and margin requirements to mitigate financial risk.
Compliance Oversight: Ensure adherence to all relevant regulations, including commodities trading laws, anti-money laundering (AML) policies, and Know Your Customer (KYC) requirements.
Financial Analysis: Analyze financial statements of counterparties with a meticulous eye for detail to assess risk and inform credit decisions.
Contracts:
Strong understanding of writing, reviewing and executing trading contracts. Basic knowledge of legal and contractual terminology is necessary. Margin and Limit Setting: Develop and implement policies for margin requirements and trading limits, ensuring alignment with market conditions and company risk tolerance. Monitoring and Reporting: Track market exposures, counterparty performance, and compliance metrics, providing regular reports to senior management. Process Improvement: Identify opportunities to enhance credit and compliance processes, ensuring efficiency and accuracy in all operations. Collaboration: Work closely with trading, finance, and legal teams to ensure seamless operations and alignment with business objectives. Regulatory Updates: Stay informed of changes in commodities regulations and market practices, ensuring the company remains compliant and competitive. Qualifications Experience: Minimum of 5 years of experience in commodities trading, with a focus on precious metals, preferred. Proven track record in credit risk management and regulatory compliance. Financial Expertise: Intimate understanding of financial statements, including balance sheets, income statements, and cash flow analysis, with the ability to identify risks and opportunities. Attention to Detail: Exceptional analytical skills and detail oriented in order to ensure accuracy in financial assessments and compliance processes. Skills: Strong knowledge of margin requirements and trading limit frameworks in commodities markets. Familiarity with regulatory requirements both in the U.S. and in Europe. Excellent communication and interpersonal skills to collaborate with internal teams and external counterparties. Proficiency in financial software and credit/risk management tools. Education: Bachelor’s degree in Finance, Economics, Business Administration, or a related field. Advanced certifications (e.g., MBA, CFA, CPA, or similar) are a plus. Work Schedule: Must be available for an early start time (e.g., 6:3 0 AM) to align with global commodities market hours. Location: Must be able to work on-site in Pasadena, Texas.
Apply today!
recblid uzvfz39pfchpbspcyqgsjudrmxebsj
Strong understanding of writing, reviewing and executing trading contracts. Basic knowledge of legal and contractual terminology is necessary. Margin and Limit Setting: Develop and implement policies for margin requirements and trading limits, ensuring alignment with market conditions and company risk tolerance. Monitoring and Reporting: Track market exposures, counterparty performance, and compliance metrics, providing regular reports to senior management. Process Improvement: Identify opportunities to enhance credit and compliance processes, ensuring efficiency and accuracy in all operations. Collaboration: Work closely with trading, finance, and legal teams to ensure seamless operations and alignment with business objectives. Regulatory Updates: Stay informed of changes in commodities regulations and market practices, ensuring the company remains compliant and competitive. Qualifications Experience: Minimum of 5 years of experience in commodities trading, with a focus on precious metals, preferred. Proven track record in credit risk management and regulatory compliance. Financial Expertise: Intimate understanding of financial statements, including balance sheets, income statements, and cash flow analysis, with the ability to identify risks and opportunities. Attention to Detail: Exceptional analytical skills and detail oriented in order to ensure accuracy in financial assessments and compliance processes. Skills: Strong knowledge of margin requirements and trading limit frameworks in commodities markets. Familiarity with regulatory requirements both in the U.S. and in Europe. Excellent communication and interpersonal skills to collaborate with internal teams and external counterparties. Proficiency in financial software and credit/risk management tools. Education: Bachelor’s degree in Finance, Economics, Business Administration, or a related field. Advanced certifications (e.g., MBA, CFA, CPA, or similar) are a plus. Work Schedule: Must be available for an early start time (e.g., 6:3 0 AM) to align with global commodities market hours. Location: Must be able to work on-site in Pasadena, Texas.
Apply today!
recblid uzvfz39pfchpbspcyqgsjudrmxebsj