Credit Risk Analyst
The candidate will be degree educated with finance background, and have 5+ years credit experience preferably acquired in commodity trading.
Key Accountabilities:
The main tasks of the successful applicant will be:
- To manage a general portfolio of counterparties; establishing and maintaining credit relationships.
- Recommending credit ratings / limits and credit enhancement as appropriate
- Analysing financial statements and preparing credit reviews for a broad range of counterparts across a broad range of jurisdictions.
- The candidate will perform financial and general analysis on existing and new customers to assess creditworthiness.
- Reviewing and analysing daily credit exposure reports, escalating any breaches to management
- Mitigation of credit risk through the structuring and negotiation of suitable credit terms for inclusion in standard and bespoke contracts.
- Update credit and filing databases on a regular basis and conform to management reporting requirements.
- Pro-active management of counterparty credit exposures, including initiation of discussions with counterparties.
Skills characteristics required for success in the role:
- Significant relevant corporate credit analysis experience, preferably within a banking or commodities trading environment.
- Solid fundamentals of credit risk analysis, the understanding of financial accounts (PL, Balance Sheet), credit and cashflow analysis.
- Ability to identify main risk areas and present them clearly.
- Ability to manage a portfolio of counterparties across various sectors.
- Well organised and able to work to strict deadlines.
- Good attention to detail and accuracy, and ability to prepare well structured credit appraisals.
- Good communication and negotiating ability to initiate and co-ordinate credit discussions both internally and externally.
Education Qualifications:
- Ideally a graduate with a degree in a business related discipline.
***Oil Recruitment has been working with some of the world’s leading banks, trading companies, major oil companies and utilities within the energy trading arena since 1998. We work on roles in trading, broking, risk, credit, quantitative analysis, consultancy, shipping, chartering, operations and contract analysis across the upstream and downstream energy markets in crude, oil products, gas, power and carbon.
To learn more about our business and to see details of our other vacancies visit www.oilrecruitment.co.uk
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