Credit Risk Analyst

BBBH42452
Negotiable
London

We are currently supporting a global oil trading company in their search for a Credit Risk Analyst to join them in their London office on a permanent staff basis.
The vacancy is an exciting opportunity for an individual who has 3-5 years in a physical trading environment within the oil and gas industry.
A successful applicant is required to perform daily credit risk management tasks, and to develop and maintain a thorough understanding of risks associated with crude trading as well as shipping trading. He or she will perform credit risk management functions under supervision of Credit Risk Manager.


Principal Duties/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
  • Enhance internal process and procedures in consultation with relevant departments
  • Recommend changes in credit limits/approval status f or 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 qualification, ideally in a highly numerate subject such as mathematics (statistics).

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

About Petroplan

Petroplan is the trusted, specialist global Talent Solutions partner of choice for employers and professionals in the Energy sector. Since 1976, Petroplan has been here to help people like you make the most of the opportunities available and find the best fit for you as an individual.

Over 10,000 placements in more than 55 countries for over 550 clients across 65 disciplines.

In an industry where skilled and experienced professionals are increasingly sought after resource, we appreciate the true value of what you have to offer. What's more, we understand that different things are important to different people in today's world of work - it's about making exactly the right connections for you as an individual.

Our reputation for contractor and candidate care, understanding what makes you tick, and finding you the best match is second-to-none. We understand the industry inside-out and seek to understand YOU and your motivations in the same way. We take the time to evaluate your individual strengths, understand the most important things to you, and establish exactly what you're looking for from your next role.