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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.
