Credit Risk Analyst - Commodities

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.

• 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

• 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.