Credit Analyst -Energy, Oil & Gas recruitment
The company's main activity is the trading of energy products including natural gas, power, oil and carbon.
Effective credit risk management is an essential component as they continue to expand the scale and of its activities in the UK.
Outline:
Supporting the Credit Risk Team in establishing, monitoring and reporting counterparty credit limits, managing breaches of existing credit limits, assisting with negotiations of trading documentation, establishing lines of credit and developing relationships with the credit departments of counterparties.
Main Responsibilities:
Counterparty assessment - analysing counterparties' credit worthiness in order to recommend appropriate credit limits and managing credit support
Counterparty maintenance - developing and maintaining relationships with counterparties including support in negotiating trading documentation and maximising the credit lines extended.
General responsibilities
Build and maintain strong internal relationships across all business and support functions and ensure close liaison with other members of the risk management team.
Candidate Specification:
Understanding of the key elements of Credit Risk Management with credit assessment experience from a commodity trading or commercial banking environment.
Experience of commercial lending and derivatives markets along with knowledge of energy markets and types of physical and financial energy products and their risks.
Ability to produce accurate credit papers and reports within tight deadlines.
Demonstrable experience as a Credit Analyst either within an energy company, bank or rating agency.
Experience of and familiarity with the energy/commodity trading markets is an advantage.