At a Glance
- Tasks: Lead credit assessments and manage counterparty credit risk in the energy sector.
- Company: Join a dynamic energy company with a focus on innovation and collaboration.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Why this job: Make a real impact in the energy market while developing your analytical skills.
- Qualifications: 2+ years in credit risk, strong financial analysis, and Excel skills required.
- Other info: Be part of a team that values improvement and automation in credit processes.
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 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
✨Tip Number 1
Network like a pro! Reach out to people in the energy sector, especially those working in credit risk. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of gas and power markets. We want you to be able to discuss how you’d assess counterparty credit risk confidently. Show them you know your stuff!
✨Tip Number 3
Don’t forget to showcase your analytical skills! Bring examples of how you've used data to make credit decisions in past roles. We love seeing real-life applications of your expertise.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate candidates who are ready to dive into the world of credit risk.
We think you need these skills to ace Senior Credit Risk Analyst
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 your skills in 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 credit exposures.
Showcase Relevant Skills: Don’t forget to highlight your intermediate Excel skills and any experience with SQL, Python, or Power BI. These are key for the role, so make sure they stand out in your application!
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 get you on the path to 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 your strong financial analysis skills. Brush up on key metrics and be ready to discuss how you've used quantitative data in past roles. Prepare examples of credit assessments you've led, focusing on the impact of your decisions.
✨Understand the Market
Familiarise yourself with the electricity and gas markets. Research current trends and challenges in the energy sector. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their commercial team.
✨Showcase Your Technical Skills
Highlight your experience with Excel, SQL, or any relevant tools like Power BI. Be prepared to discuss specific projects where you've used these skills to manage credit exposures or improve processes. If possible, bring examples of reports or analyses you've created.
✨Communicate Clearly
Since you'll be communicating credit decisions to various stakeholders, practice explaining complex concepts in simple terms. Think about how you would present your findings to someone without a financial background. Clear communication is key in this role!