Job Description
Credit Risk Analyst - Energy Trading Our client, a major energy trading business, is looking for a Credit Risk Analyst to join its London credit risk team. You''ll assess the counterparties the business trades with, recommend the limits and protections that make that trading possible, and work directly with the commercial teams. What the successful Credit Analyst will be doingAssessing the creditworthiness of new and existing counterparties, mainly through financial statement analysis, and writing the credit approval requests behind your recommendationsRecommending internal credit ratings, credit limits and risk mitigants (cash deposits, parent company or bank guarantees, credit insurance), and approving limits within your delegated authorityPartnering with commercial teams to understand and secure the risk in new business, alongside Treasury, Legal, Product Control and the wider Risk functionMonitoring limit utilisation, heading off potential breaches, and producing regular and ad-hoc credit risk reporting for key stakeholdersRunning KYC assessments and keeping counterparties'' KYC status under regular reviewWhat sthe uccessful Credit Risk Analysty needsFirst experience in a credit risk role at an energy company, bank or rating agencyA good grounding in credit risk management practices and frameworksStrong analytical skills and the ability to write clear, accurate credit analysis to tight deadlinesSound judgement when making credit decisions within delegated ..... full job details .....