Credit Risk Manager

Job Description

• Conduct credit risk analysis of a portfolio of new and existing counterparties.
• Write in-depth credit analysis and submit credit recommendations to decision makers. Keep up-to-date credit risk ratings, probability of default and limits.
• Monitor credit risk exposure and limit utilisation to prevent any credit losses. Actively remedy any breaches by proposing and implementing action plans.
• Ensure compliance with internal credit risk policies.
• Propose and negotiate security instruments (incoming and outgoing) such as company and bank guarantees, cash deposits or prepayments.
• Manage credit insurance policies by ensuring insurance limits are up to date and premium accurately calculated. Provide reporting for the monthly declaration.
• Assist with the negotiation of Master Netting and Trading Agreements such as EFETs and ISDAs as well as Credit Support Annexes (CSA).
• Engage with Front, Middle, Back Office and other support functions, closely work with colleagues and other teams.
• Assist with daily, weekly, and monthly reporting.
• Maintain the Credit Risk Management System, keep all credit records up to date i.e. credit risk ratings, probability of defaults and credit risk limits.
• Assist the Front Office with payment recovery efforts from financially distressed counterparties.
• Contribute to various projects and assist with ad hoc requests as required.

Qualifications

• University degree or equivalent in Finance, Accounting or Business.
• 3-7 years experience in managing credit risk gained in a large organization or financial institution with a commodities trading focus
• Passionate about the energy sector.
• Understanding of risk management and compliance is key.
• Fluent in English, any other languages an advantage.
• Strong verbal and written communication skills.
• Solid organizational and analytical skills.
• Detail oriented and ability to work in a fast-paced environment.
Vor 30+ Tagen