At a Glance
- Tasks: Conduct credit risk assessments and shape innovative strategies for a sustainable energy future.
- Company: Join Centrica, a family of brands revolutionising the energy sector.
- Benefits: Hybrid working, exposure to senior stakeholders, and opportunities for growth.
- Other info: Dynamic environment with a focus on innovation and continuous improvement.
- Why this job: Make a real impact in the transition to a greener energy system.
- Qualifications: Experience in credit risk and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
We are Centrica! We're so much more than an energy company. We're a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer - we're powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you're developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes. Your work here isn't just a job - it's a mission. We all play a vital role in energising a greener, fairer future.
About your team:
At Centrica Energy, our mission is to move it. We're energy movers by nature. We're a global renewable energy trading company which helps move energy from source to use - powering businesses, homes, and societies as they transition to a new sustainable energy future. If the idea of working to create a sustainable energy future also moves you, we may very well be the right place for you.
About your role:
As a Senior Credit Risk Analyst, you'll play a key role in protecting and enabling one of Europe's leading energy trading businesses. Working closely with Trading, Risk, Quantitative Analytics, Finance and Legal teams, you'll help shape credit strategy, assess complex transactions, manage counterparty risk and contribute to the ongoing digital transformation of Credit Risk. This is an exciting opportunity to combine strong credit analysis expertise with exposure to innovative risk modelling, data-driven decision making and automation initiatives across a global trading organisation.
Location: Park House, Marble Arch, London (hybrid working with a minimum of 3 days per week in the office). The role also includes occasional travel to other Centrica Energy locations, including Aalborg, Denmark.
What you'll be doing:
- Credit Risk Management
- Conduct detailed financial and counterparty assessments across a portfolio of trading counterparties.
- Maintain and monitor counterparty credit ratings, limits and risk appetite frameworks.
- Monitor current and forward credit exposures across traded products and structured transactions.
- Support commercial decision-making by providing timely credit risk analysis and recommendations.
- Review transaction structures and identify appropriate risk mitigation measures.
- Advise on collateral requirements and contribute to the negotiation of credit provisions within trading agreements.
- Produce and review management information and credit risk reporting.
- Driving Innovation and Continuous Improvement
- Partner with Quantitative Risk and Quantitative Analytics teams to support the development of innovative credit risk models and tools.
- Review and challenge model outputs to ensure they remain robust, accurate and commercially relevant.
- Support governance, controls and documentation for credit risk models and associated processes.
- Contribute to the ongoing digitalisation and automation of Credit Risk reporting and decision-making.
- Work closely with technology teams to develop user-friendly solutions that improve efficiency, transparency and risk oversight.
What we're looking for:
Essential Skills & Experience
- Proven experience in Credit Risk within commodity trading, energy trading, investment banking or financial markets.
- Knowledge of energy and commodity markets, including power and gas, with exposure to LNG and/or oil markets desirable.
- Strong understanding of counterparty credit assessment, financial statement analysis and risk management principles.
- Knowledge of financial and energy markets and the key risks associated with trading activities.
- Familiarity with trading agreements, collateral arrangements and risk mitigation techniques.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Ability to influence and communicate effectively with stakeholders at all levels.
- Confidence operating within a fast-paced, commercially focused environment.
- A proactive mindset and passion for continuous improvement.
Desirable
- Experience working with large datasets and analytical tools such as Python and/or SQL.
- Exposure to quantitative credit risk methodologies, including CVA, DVA, PFE or similar frameworks.
- Experience supporting automation, reporting or digital transformation initiatives within a risk function.
Why join Centrica Energy?
This is an opportunity to work at the heart of a global energy trading organisation, supporting complex trading activity across international markets. You'll gain exposure to senior stakeholders across Trading, Risk and Finance, while developing your expertise in energy markets, quantitative analytics and innovative risk management practices. Whether you're looking to deepen your credit expertise, expand your commercial exposure or help shape the future of Credit Risk through automation and data-driven insights, this role offers significant opportunity for growth and impact.
Senior Credit Risk Analyst - London employer: Centrica
Centrica is an excellent employer, offering a dynamic work culture that fosters innovation and collaboration. With a strong commitment to employee growth, the company provides numerous opportunities for professional development and advancement within the energy sector. The flexibility of hybrid working arrangements further enhances work-life balance, making Centrica a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Analyst - London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Centrica. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Credit Risk Analyst - London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Centrica.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Centrica's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Centrica
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Centrica.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Centrica will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Centrica employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
