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Senior Credit Risk Analyst - City, London, United Kingdom, EC1A2

£50-60k

Our client is a Physical Oil trading and supply company with a global network of offices, a strong track-record of growth and a strong entrepreneurial approach!

This is a Senior role within a team of Credit Analysts and will support the traders and the broader business with its ongoing strategic growth and offers the successful candidate a real chance to grow and develop their career within Credit Risk Analysis.

Main duties & responsibilities:

  • Through continual collaboration with the trading teams, provide credit risk rating recommendations to Senior Management based on in-depth research and analytical work.
  • Action daily credit requests, coming in from the traders and business development, for counterparties in assigned region; help maintain the company's credit exposure within the framework of the company's risk appetite and limits
  • Write Credit Reports for the business, using all relevant research, investigation methods, and available data, to provide justification/explanation for credit recommendations and decisions
  • Ongoing liaison with traders and managers to promote and encourage credit awareness in dealing with customers and suppliers; monitor and enforce the company's credit risk policies with the high-level objective of achieving 'zero bad debt'
  • Identify and monitor outstanding debts and follow up with traders to ensure overdue payments are settled; identify bad debt and work in collaboration with the Legal team to recover payment
  • Support Business Development activities by identifying new business opportunities through extensive market research
  • Work in close co-operation with the Finance team to optimise margins on deals
  • Proactively monitor and report on market and other developments impacting counterparties in the assigned region; keep the internal CRM/trading platform up to date with relevant market intelligence
  • Liaise with traders, shipping intelligence agencies, insurance companies, shipping companies, and any other relevant counterparties to build up a network of contacts within the market

EXPERIENCE REQUIRED:

  • An academic qualification at graduate level (Bachelor's degree or equivalent) - finance, business, economics, maritime studies or another relevant discipline is preferable, but all disciplines will be considered.
  • A minimum of 5 years relevant working experience within a credit risk analyst role
  • Understanding of or exposure to credit risk within the energy/commodity/shipping/maritime/bunkering industry would be a distinct advantage
  • Exposure to credit risk management in various regions including Europe
  • An established network of relevant contacts in the European market
  • Proven experience implementing credit solutions, researching and gathering data from various sources, and drafting credit and market reports