Credit Risk – Commodities/Energy recruitment
Working with a leading international energy firm, you will be responsible for managing a cross-commodity portfolio including Oil and Gas
Your role will involve:
- Analysing and managing credit risk arising within a Global commodity trading portfolio
- Making strategic operational decisions along with the Head of Credit Risk Management
- Offering support with the developing and implementing of risk metric methodologies
- Responsibility for periodic exposure valuation, mandate monitoring, reporting for trading and operations commercial units.
- Responsibility for credit policy review and interpretation, credit exception documentation and counterparty level monitoring
- Assist in the validation of credit and country risk assessments for commercial projects and trading prospects
- Develop and maintain strong internal relationships with trading desks and external counterparties
To be considered for this role you will possess the following skills/expirience:
1-2 years credit analysis experience in a gas or oil trading environment.
Must have experience of negotiating and implementing standard credit mitigation tools including letters of credit, parent company guarantees and margining
Knowledge of trading PL processes is preferred. An understanding of option, storage and flexibility valuation methodologies and VaR calculation would be a distinct advantage