Credit Risk Analyst

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 doing

• Assessing the creditworthiness of new and existing counterparties, mainly through financial statement analysis, and writing the credit approval requests behind your recommendations
• Recommending internal credit ratings, credit limits and risk mitigants (cash deposits, parent company or bank guarantees, credit insurance), and approving limits within your delegated authority
• Partnering with commercial teams to understand and secure the risk in new business, alongside Treasury, Legal, Product Control and the wider Risk function
• Monitoring limit utilisation, heading off potential breaches, and producing regular and ad-hoc credit risk reporting for key stakeholders
• Running KYC assessments and keeping counterparties' KYC status under regular review

What the successful Credit Risk Analyst needs

• First experience in a credit risk role at an energy company, bank or rating agency
• A good grounding in credit risk management practices and frameworks
• Strong analytical skills and the ability to write clear, accurate credit analysis to tight deadlines
• Sound judgement when making credit decisions within delegated authority
• Comfortable working as part of a team and on your own initiative

Desirable

• Familiarity with energy or commodity trading markets, particularly natural gas, power, oil or LNG

Interested? Apply now or get in touch for a confidential conversation.