At a Glance
- Tasks: Lead credit assessments and manage counterparty credit risk in the energy sector.
- Company: Dynamic energy company with a focus on innovation and collaboration.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Why this job: Join a vital role in shaping credit risk strategies in a thriving industry.
- Qualifications: Minimum 2 years in credit risk, strong analytical skills, and energy market knowledge.
- Other info: Exciting chance to enhance credit processes and make impactful decisions.
The predicted salary is between 55000 - 65000 £ per year.
Location: London
Working type: Hybrid
Salary range: £55k-£65k
We are partnered with an energy company who are seeking a Senior Credit Risk Analyst to join their Credit Risk function within the Commercial team. The role focuses on assessing and managing counterparty credit risk associated with physical gas and power supply.
The successful candidate will work closely with internal commercial and trading stakeholders, as well as external counterparties, intermediaries and credit insurance providers. The position involves evaluating financial and contractual risk, managing credit exposures and collateral arrangements, and supporting credit decision-making across the business.
Key responsibilities
- Lead credit assessments for complex and high-value counterparties, including group structures and SPVs.
- Assess and manage counterparty credit risk arising from physical gas and power supply.
- Complete credit assessments using quantitative and qualitative data, including credit insurance submissions and periodic credit limit reviews.
- Monitor and maintain accurate credit exposure and collateral records across insured and uninsured positions.
- Manage aggregate credit insurance utilisation in line with internal policy limits.
- Communicate credit decisions and recommendations to internal stakeholders.
- Identify and implement appropriate credit risk mitigation measures, including alternative forms of security.
- Act as a senior escalation point for complex or non-standard credit matters.
- Support credit input into contract renewals, site additions and payment term changes.
- Review and support credit aspects of trading and supply documentation.
- Produce credit risk reporting and analysis to support commercial decision-making.
- Contribute to improvements in credit processes, reporting and automation.
Skills and experience required
- Minimum 2 years' experience in a credit risk role within energy, utilities or commodities.
- Working knowledge of electricity and/or gas markets.
- Strong financial analysis, numerical and data assessment skills.
- Experience managing credit exposures and counterparty risk.
- Ability to interpret contractual and trading documentation.
- Intermediate Excel skills, including pivot tables and lookups.
- Experience using CRM systems and web-based platforms.
- Experience with SQL, Python or Power BI is advantageous.
Inventum Group is acting as an Employment Agency in relation to this vacancy.
Senior Credit Risk Analyst in London employer: Inventum Group (Formally Wells Tobias)
Contact Detail:
Inventum Group (Formally Wells Tobias) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Risk Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the energy sector and let them know you're on the lookout for a Senior Credit Risk Analyst role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of credit risk management, especially in the energy market. Be ready to discuss your experience with financial analysis and how you've managed credit exposures in the past. We want to see your expertise shine!
✨Tip Number 3
Showcase your skills with real examples! When discussing your previous roles, highlight specific projects where you assessed counterparty credit risk or improved credit processes. This will help us see how you can add value to our team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us that you're genuinely interested in joining our team and contributing to our success in managing credit risk.
We think you need these skills to ace Senior Credit Risk Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Credit Risk Analyst role. Highlight your experience in credit risk, especially within energy or commodities, and showcase any relevant skills like financial analysis and data assessment.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to assessing counterparty credit risk and managing exposures, and don’t forget to show your enthusiasm for the energy sector.
Showcase Your Skills: Don’t just list your skills; demonstrate them! If you’ve got experience with Excel, SQL, or Python, mention specific projects where you used these tools to manage credit risks or improve processes. We love seeing how you’ve made an impact!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Inventum Group (Formally Wells Tobias)
✨Know Your Numbers
As a Senior Credit Risk Analyst, you'll need to demonstrate strong financial analysis skills. Brush up on your quantitative and qualitative data assessment techniques. Be ready to discuss specific examples of how you've evaluated credit risk in the past, especially in the energy sector.
✨Understand the Market
Familiarise yourself with the electricity and gas markets. Research current trends and challenges in these sectors. This knowledge will not only help you answer questions but also show your genuine interest in the role and the company.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving abilities. Think about complex credit situations you've encountered and how you managed them. Be prepared to explain your thought process and the outcomes of your decisions.
✨Showcase Your Tech Skills
Highlight your experience with Excel, CRM systems, and any programming languages like SQL or Python. If you've used Power BI for reporting, mention it! Being tech-savvy is a big plus in this role, so be ready to discuss how you've leveraged these tools in your previous positions.