Senior Credit Risk Analyst – Oil Trading recruitment
A requirement has arisen for a Senior Credit Risk Analyst to join the European based trading arm of a multi-billion pound Oil Trading business. Second to none in reputation they have established subsidiaries located in 10 different countries spanning the US, Europe, Middle East and ASIAPAC. With this role you will be repsonsible for managing the HQ and subisdiary portfolios, affording daily international exposure.
While a strong numerical background is important they are looking for analysts who have or who are keen to support the development of a world class risk control function. whilst working in line with the company's strategy the primary purpose of this position will be to support the Group's business and protect is interests.
Key responsibilities:
- Evaluation of counterparty financial and other information to establish counterparty credit lines in accordance with Company policy
- Proactively liaise with counterparties to support commercial initiatives
- Provide leadership in drafting and negotiation of Tender terms within trading contracts working closely with Legal including the implementation of cross commodity master netting agreements, credit support documentation and other credit risk mitigation techniques (ISDA, EFET etc)
- Identify, measure, monitor, mitigate and report credit risk
- Assisting with the raising of external financing and the development of necessary relationships
- Proactively work with traders on credit issues
- Support new business development together with Traders and Business Development.
- Develop and operate processes, procedures and controls in support of financial regulation and other corporate requirements
- Contribute to ad hoc project work, e.g. ETRM 2011 Project
- Train and mentor junior analysts within the team.
The successful candidate will have proven experience in Oil trading risk management and of working in a dynamic, fast paced environment. English is the main working language in the office however additional fluency will be advantageous, either in French or Russian. A strong understanding of financial statements analysis, knowledge of contracts and credit documentation, and a good knowledge of the capital and commodity market. In addition a strong knowledge of SAP and Excel is required. A competitive salary is available and will be discussed on application.