Mitsubishi Corporation RtM International Pte Ltd – Credit Risk Intern

Mitsubishi Corporation RtM International (RtMI) is the global headquarters of the mineral resources and metals trading business of Mitsubishi Corporation. RtMI leverages on the active investments that Mitsubishi Corporation has in mining and smelting facilities, trading in a wide range of metallic and mineral-based commodities, such as ferrous raw materials, non-ferrous metal, as well as precious metals. “Resource to Market” symbolizes our commitment to supplying quality minerals and metals to the market via sustainable means. Our raison d’être is to be known worldwide as the trusted and most reliable trading partner in the mineral and metal industry.

Credit Risk Analyst Internship

Reports to Senior Manager, Credit Risk

Purpose of role

Responsible for ensuring timely credit reviews of all counterparties and sanctioning appropriate credit limits to each name. Provide independent risk assessment of counterparty risk (both quantitative and qualitative) across various commodities and variety of transaction structures, thereby recommending appropriate risk mitigation solutions.

Job Responsibilities

1. Report generation (10%)

· Prepare and generate various system reports on a regular basis (daily, monthly and quarterly).

· Investigate credit exposure variation to detect and address emerging credit risks effectively.

2. Credit Analysis (75%)

· Perform quantitative and qualitative due diligence, including financial analysis, company background research, macroeconomic research, etc. Assess contract terms and/or credit line terms, including product pricing, payment methods, tenor, risk mitigation clauses, etc, to ascertain credit risk.

· Monitor impending credit reviews slated for renewal and send reminders to the front office prompting them to update their credit limits.

3. Digital transformation involvement (5%)

· Work with other departments in digital transformation projects to automate credit monitoring processes and actively contribute to idea generation and analysis.

4. Ad hoc Projects and duties (10%)

· Actively participate in ad-hoc risk management projects or activities.

Knowledge and Experience

· Pursuing bachelor’s degree in accountancy, business management, economics, statistics, or equivalent

· Candidate must possess accounting knowledge and demonstrate ability to understand financial statements

· Commodities background exposure (good to have)

· Proficiency in MS Suite programs

Personal Attributes

· Resourceful and able to surface relevant financial and geopolitical information independently

· Be detail-orientated and organized

· Have a can-do attitude and upbeat personality

· Be able to handle multiple and competing projects and timelines efficiently

· Be self-motivated

· Good communication skills and able to build rapport quickly and easily