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Credit Risk Analyst - Commodities

RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Posted 13 hours ago, valid for a month
Location

London, Greater London EC1R 0WX

Salary

£36,000 - £43,200 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Our client, a large Energy Trading firm in London, is seeking a Natural Gas Credit Risk Analyst to join their growing team.
  • The role involves daily credit risk management tasks and requires at least 5 years of experience in a physical trading environment, specifically in gas trading.
  • Candidates should possess a degree-level qualification and demonstrate a solid understanding of counterparty credit risk and risk analysis methodologies.
  • Key responsibilities include conducting compliance checks, preparing credit applications, and monitoring counterparty exposure.
  • The position offers a competitive salary, which will be disclosed during the interview process.

Our client is a large Energy Trading firm situated in London. This is a new role within the business and will join a growing team. As the Natural Gas Credit Risk Analyst, you will be required to perform daily credit risk management tasks, and to develop and maintain a thorough understanding of risks associated with gas trading.

RESPONSIBILITIES

  • Conduct Initial and ongoing compliance checks on all existing and prospective counterparties for trading
  • Conduct counterparty assessments (periodic and ad hoc)
  • Liaise with internal stakeholders on credit related issues
  • Prepare credit applications for local and HQ signoffs
  • EFET negotiation
  • Enhance internal process and procedures in consultation with relevant departments
  • Recommend changes in credit limits/approval status for senior management approval
  • Monitor counterparty exposure and control credit status of approved counterparty
  • Maintain consistent and thorough counterparty records
  • Manage credit collateral

QUALIFICATIONS:

  • Educated to degree level or degree level qualification.

SKILLS:

  • Excellent working knowledge of Microsoft office, advanced Excel skills
  • Solid understanding of counterparty risk
  • Previous experience of credit risk management in oil, LNG and shipping

EXPERIENCE

  • 5+ years in a physical trading environment, with exposure to trading of grid-based gas, with comprehensive knowledge on gas trading industry.
  • Candidates should be able to demonstrate a solid understanding of counterparty credit risk, a working knowledge of risk analysis and mitigation methodology.
  • It would be useful if candidates have experience of working in a regulated environment.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.