£350 Per day
Undetermined
Undetermined
City of London
Summary: The role of Credit Risk Analyst involves monitoring credit exposure and ensuring synchronization of trading and credit systems within a multinational energy corporation specializing in oil and gas. The analyst will negotiate credit provisions, collaborate with various departments, and assist in resolving non-payments while engaging in special projects. This position requires a proactive approach to managing credit limits and understanding market changes affecting creditworthiness. The contract is rolling for a duration of six months.
Key Responsibilities:
- Monitor credit exposure through various trading and credit systems and ensure all systems are synchronized for credit limits.
- Negotiate credit provisions for agreements and collateral, including evaluation and management of approval processes for extended payment terms.
- Work closely with traders, legal, contracts, accounting, and external customers to understand business needs.
- Assist Finance in resolving non-payments and formulate plans for resolution using credit contacts.
- Provide backup support for other credit analysts as required.
- Engage in special projects and lead global and local initiatives where applicable.
- Review and approve customer credit limits and prepare recommendations for credit lines above authority.
- Track market changes related to counterparty and industry developments impacting creditworthiness.
- Report and interpret credit reports to keep management informed of exposure and risk.
- Manage the Margining process with other credit analysts.
Key Skills:
- Experience in credit risk analysis within the energy sector.
- Strong negotiation skills for credit provisions and agreements.
- Ability to collaborate effectively with various departments.
- Proficient in analyzing credit reports and market trends.
- Strong communication skills for regular interaction with traders and external customers.
- Experience in managing credit limits and understanding creditworthiness.
- Project management skills for engaging in special projects.
Salary (Rate): 350
City: City of London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Energy