Commodities Credit Analyst – German or Russian Speaker recruitment
Speaking either Russian or German, you will work on a portfolio including gas, power and carbon trades, and will manage a small team.
Responsibilities include:
- Counterparty assessment - analysing counterparties' credit worthiness in order to recommend appropriate credit limits and credit support where necessary.
- You will be expected to be focussed on the more challenging end of the portfolio working closely with the commercial teams to structure and develop transactions.
- Credit control - regular renewal and continuous monitoring of counterparty status and anticipation and management of breaches and exceptions.
- Counterparty maintenance - developing and maintaining relationships with counterparties including support in negotiating trading documentation and maximising the credit lines
- Credit support provision - identifying the requirements for credit support for exchanges, operators and certain new business activities (not core trading) and evaluating and procuring the most cost-effective forms of credit support.
- Raising of finance - under the oversight of the Head of Financing be involved in bank relationship management and occasional transactions related to letter of credit issuance and short term working capital funding.
Candidate Specification:
- Degree level education (2.1 or above, or equivalent). Numerate subject preferred.
- Demonstrable experience of credit analysis either within an energy company or bank.
- Experience of and familiarity with the energy/commodity trading markets (particularly natural gas, power, oil, carbon allowances and LNG).
- Experience in the following fields would be considered an advantage; financial markets and products; credit risks related to to financial and physical forward contracts; credit instruments and their applications.
- Experience of credit assessment in traded markets and familiarity with physical and financial energy products.
- Experience with specialised risk management, statistics, and data handling software would be an advantage.
- Experience of managing a team would be preferable.
- Experience of project delivery including process facilitation and management.
- Advanced Excel and Visual Basic skills would be an advantage.
- Strong analytical skills with the ability to communicate effectively at all levels.
- Written presentations skills, with strong attention to detail.
- Strong execution skills.
May 10, 2012
• Tags: Commodities careers in the UK, Commodities Credit Analyst, German or Russian speaker recruitment • Posted in: Financial