Senior credit risk analyst for Gas, Power, Emissions business
MAIN JOB FUNCTION:
We have an opportunity for a Senior/Credit Risk Analyst to support the business activities by ensuring the credit risks inherent in each transaction are identified, understood, measured, mitigated and managed.
As key member of the London Credit team, you will help facilitate the continued development of our energy trading business worldwide. With counterparty analysis a core competency, the successful candidate will bring industry experience and expertise, particularly knowledge of the European Gas and Electricity markets. You will analyse and help to structure new business initiatives, provide innovative financing solutions and analyse a diverse range of counterparties allowing you to contribute significantly to the business.
KEY RESPONSIBILITY AREAS:
Credit risk is involved in the majority of all energy transactions undertaken by the business. This can range from agreeing bilateral master trading terms for a gas trading relationship, to structuring the credit support for a long term crude oil contract.
Our role is to understand:
What is the transaction(s)?
What is the credit risk (€m)?
Who we are transacting with? Quantitative and qualitative research and analysis,
If/how this counterparty fits the business Credit Risk policy?
Recommend and negotiate acceptable credit terms (e.g. payment) and credit support (e.g. guarantees) including analysing the impact on liquidity
Measure the resulting credit exposure - developing models if required
Present to the Risk Committee
Ensure an adequate control environment is in place at all times
As a Credit analyst you need to be inquisitive and interested in worldwide macro and micro economic developments that may impact on the financial strength of our diverse set of counterparties
This position reports to Credit Risk Manager and has the following main interfaces:
The role will include extensive liaison with key stake holders that include trading desks, corporate headquarters in Milan and senior management.
Interface with external counterparties and contacts in financial institutions.
Educated to degree level (minimum 2.1 or higher).
Self-motivated with high energy levels and result-driven.
Sound analytical and lateral thinking ability. Must be detail-oriented.
Team player who can provide analyst cover within the credit team.
Demonstrating highly developed inter-personal skills, sensitivity to local cultural differences
Knowledge of financial modelling a plus.
Knowledge of VBA a plus.
Italian language a plus.