Credit Risk Analyst

Aramco Trading Limited (ATL) was incorporated in London in 2019. ATL carries out energy trading activities, particularly the procurement and sale of refined products, crude oil, specialty petroleum products, and chemicals. In addition to physical trading, ATL engages in a wide variety of activities including shipping, chartering, storage, and trading of financial derivatives. The company has a diverse employee base with expertise in all aspects of the oil trading market. The rapidly expanding London team complements our global network and provides constant coverage across all time zones. ATL is an active participant in hydrocarbon trading in Europe, Africa, and the Americas, with a wide variety of crude grades and different petroleum products. The Company has also been expanding its activities to include gas business where trading Liquefied Petroleum Products (LPG) and Lignified Natural Gas (LNG) form part of the growing portfolio.

The Role

This role reports to the ATL Finance Director. The Credit Risk Analyst will play a critical role in assessing and managing credit risks within the organization. Key Accountabilities include but are not limited to:

• Being the first point of contact for security negotiations and maintenance for PCG applications/renewals, credit limit reviews/approvals for Risk Management Committee.
• Responsible for review and maintenance of a portfolio of all European and African based counterparties at ATC, including credit risk assessment for new counterparty onboarding and periodic credit limit review.
• Liaise directly with Operations and Traders for daily credit release conducting daily breach reporting and investigation of physical deals including close monitoring of credit lines utilisation.
• Engage Front Office & Counterparty on a timely basis if additional credit support is required.
• Maintain and manage counterparty credit settings for Market-On-Close physical window trading.
• Review and support confirmations and negotiation of new Margining agreements and support daily margining as required.
• Be the first point of contact for all structured trade finance deals, ATL functional reviews, and spot cargos being booked out of ATL.
• Be part of the ATL Functional Review Team to assess the credit risks involved in new agreements and business cases, and provide sign off, with the exception of complex cases involving new product/structure to be escalated to ATC Credit for approval.
• Hold Delegation of Authority for and manage temporary credit limit increases.

Role Requirements:

• Relevant degree level education.
• Direct credit risk experience; counterparty risk, or trade finance, preferably within commodity trading, energy, metals, agriculture, or shipping sectors.
• Strong financial analysis skills, including interpretation of financial statements, cash flow analysis, leverage metrics, and liquidity assessment.
• Experience assessing counterparty risk across traders, producers, processors, logistics providers, and financial institutions.
• Solid understanding of commodity trading structures, including physical trades, derivatives, prepayments, offtake agreements, and structured financing.
• Sound judgment and independent decision-making, with the ability to challenge front office constructively.
• Strong communication skills to explain credit decisions clearly to traders, senior management, and external stakeholders.
• Ability to operate effectively in a fast-pressure trading environment.
• Pragmatic and solutions-oriented mindset, balancing risk control with commercial objectives.
• High levels of integrity, attention to detail, and accountability.

Please note that this role is office based.