Compliance Credit Risk Analyst
Job Summary
The Compliance & Credit Risk Analyst is responsible for ensuring adherence to AML, CFT, and maritime trade regulations while managing credit risk assessments for clients. The role involves conducting KYC/CDD assessments, monitoring transactions for suspicious activities, and performing financial analysis to determine credit limits. Additionally, the position supports the Finance and Trading teams by managing credit exposure and maintaining documentation for audit purposes.
Responsibilities
- Ensure regulatory compliance (AML, CFT, Sanctions)
- Conduct KYC and CDD assessments
- Perform financial credit risk analysis
- Monitor accounts receivable and credit exposure
- Support trade finance and audit documentation
Required Skills
- Diploma in Finance/Accounting
- 3+ years credit risk and compliance experience
- Financial statement analysis
- Risk mitigation strategy
- Excellent communication skills
Job Details
Responsibilities:
- Ensure compliance with all applicable regulatory requirements, including Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), sanctions, and maritime trade regulations.
- Conduct Know Your Customer (KYC) and Customer Due Diligence (CDD) assessments for both prospective and existing clients.
- Monitor customer transactions to identify suspicious activities and escalate potential compliance risks when necessary.
- Assist with internal and external audit processes by maintaining accurate, complete, and up-to-date compliance documentation.
- Stay informed of regulatory developments and assess their impact on marine fuel trading operations.
- Perform credit assessments for new customers through financial statement analysis and risk evaluation.
- Evaluate and recommend appropriate credit limits and payment terms based on risk assessments while continuously monitoring counterparty exposure in dynamic market conditions.
- Monitor accounts receivable and proactively identify overdue balances or potential credit default risks.
- Collaborate with internal departments and external stakeholders to resolve payment delays and recover outstanding receivables.
- Work closely with the Finance and Trading teams to manage credit exposure while supporting commercial business objectives.
- Prepare and issue daily credit reports to the Trading Department prior to the commencement of trading activities.
- Provide timely reporting of compliance issues, policy breaches, and emerging credit risks.
- Recommend appropriate risk mitigation strategies to minimise financial and regulatory exposure.
- Conduct periodic reviews of existing customers and classify counterparties according to their risk profile (high, medium, or low risk).
- Maintain comprehensive documentation in compliance with audit standards and regulatory requirements.
- Support basic trade finance activities, including the issuance of Letters of Credit (LCs) and processing payments under LC arrangements.
Requirements:
- Diploma in Finance, Accounting or any related fields.
- Minimum 3 years of credit risk and compliance experience.
- Excellent communication and presentation skills.