Credit Risk Analyst

When you join EDF Trading, you’ll become part of a diverse international team of experts who challenge conventional ideas, test new approaches, and think outside the box. Energy markets evolve rapidly, so our team needs to remain agile, flexible, and ready to spot opportunities across all the markets we trade in power, gas, LNG, LPG, oil, and environmental products.

EDF Group and our customers all over the world trust that their assets are managed by us in the most effective and efficient manner and are protected through expert risk management. Trading for over 20 years, it’s experience that makes us leaders in the field. Energy is what we do.

Become part of the team and you will be offered a great range of benefits, which include (location dependent) hybrid working, a personal pension plan, private medical and dental insurance, bi-annual health assessments, corporate gym memberships, an electric car lease programme, childcare vouchers, a cycle-to-work scheme, season ticket loans, volunteering opportunities, and much more.

Gender balance and inclusion are very high on the agenda at EDF Trading, so you will become part of an ever-diversifying family of around 750 colleagues based in London, Paris, Singapore, and Houston. Regular social and networking events, both physical and virtual, will ensure that you always feel connected to your colleagues and the business.

Join us, make a difference, and help shape the future of energy.

Department

The Credit Risk department forms a core part of the Risk Management function within EDF Trading. The team is responsible for managing all aspects of the credit risk life‐cycle, including researching and analysing counterparties, assessing credit exposure arising from new or legacy transactions, modelling potential future exposure (PFE), negotiating and structuring credit support arrangements, partnering with the XVA team on exposure‐reduction transactions, and monitoring and reporting credit exposures and credit‐related events.

Managing credit risk at EDFT offers a varied, challenging and intellectually rewarding environment. Our activities span physical and financial markets across multiple energy commodities, resulting in a diverse counterparty base and transaction portfolio. The Credit department operates as a highly collaborative, team‐based environment that values the exchange of ideas, analytical approaches and technical insights. Our flat team structure promotes open communication and ensures access to all levels of management across the organisation, supporting high‐quality, well‐informed analysis and decision-making.

Position purpose

To support the Credit team in its risk management responsibilities by analysing and monitoring counterparty credit risk across a diverse energy portfolio, helping to mitigate potential financial losses resulting from counterparty default. The role also incorporates a range of administrative and operational responsibilities, including the distribution of credit reporting, escalation of late payments, and accurate recording, reconciliation and maintenance of data within the Credit systems.

Main responsibilities

• Report directly to the Credit Manager, supporting the day‐to‐day management of the energy portfolio and providing administrative and operational support to the Credit Team.
• Prepare comprehensive credit analyses to recommend credit ratings, exposure limits, and contractual terms.
• Manage energy‐related documentation (including EFETs, ISDAs, and bespoke agreements) and credit support instruments such as Letters of Credit and Parent Company Guarantees.
• Ensure full adherence to Credit Policies and limits.
• Monitor daily limits breaches and late settlement payments, escalating as required.
• Produce and distribute daily and weekly credit reporting, with relevant comments and recommendations.
• Maintain accurate and up‐to‐date data in the credit systems, ensuring integrity, consistency, and completeness.

Experience required

• Minimum 2 years of experience in a credit or financial analyst role gained within a commodity trading environment or a financial institution.
• Experience with energy products traded by EDFT (such as power, gas, green certificates, oil, LPG) and/or prior exposure to contractual and credit documentation (including ISDA, EFET, and Letters of Credit) will be considered an advantage.
• Previous participation in AI‐related projects for credit risk (e.g., automation, modelling enhancements, data analytics or workflow optimisation) is an advantage.

Technical requirements

• Educated to degree level (Finance, Accounting, Business) or equivalent professional qualification.
• Excellent financial analysis skills.
• Fluency in English – both written and verbal with ability to provide concise and clear synthesis.
• Proficiency in any other European language will be an advantage, German strongly desired.
• Proficiency with MS software (Excel, Word, PowerPoint, PowerBi, Copilot).
• Previous experience with S&P Capital IQ platform and other credit platform will be an advantage.

Person specification

• Developed passion and interest for credit risk management.
• Excellent analytical skills and attention to details.
• Organized and accountable, capable to work within strict deadlines and policies.
• Proactive approach to work and problem-solving attitude.
• Excellent written and verbal communication skills, capable to summarise and deliver simple presentations on complex and technical structures.
• Open and confident team player. Highly motivated, enthusiastic and able to support a teamwork environment.
• Able to interact and influence a variety of EDFT functions including Front Office, Legal, Back Office, Market Risk and P&L Control. Able to interact and negotiate with external clients.

Hours of work: 40 hours per week, Monday to Friday.

We are committed to equipping our employees with the tools that will enable them to fulfil their job to the highest standard. To that end we offer a wide range of technical and personal development courses both in-house and through third-party providers.

"It is a fast-paced and dynamic working environment where each day is interesting and challenging. There’s also an incredible pool of talent and skills within EDFT. I’m continuously learning from my colleagues."

"There is no ‘typical’ day. I work on a wide range of compensation, benefit and mobility projects throughout the year. One thing’s for sure though, I’ll have my head in a spreadsheet at some point."