Job Description
Our client is a large Energy Trading firm situated in London.
This is a newly created role within the business, and you 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.
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