At a Glance
- Tasks: Evaluate creditworthiness and recommend trading limits for energy counterparties.
- Company: Leading energy trading firm with a dynamic London team.
- Benefits: Competitive salary, career growth, and collaborative work environment.
- Other info: Opportunity to work with industry experts and develop your career.
- Why this job: Join a vital role in energy trading and make impactful decisions.
- Qualifications: Experience in credit risk and strong analytical skills required.
The predicted salary is between 49500 - 60500 £ per year.
Our client, a major energy trading business, is looking for a Credit Risk Analyst to join its London credit risk team. You'll assess the counterparties the business trades with, recommend the limits and protections that make that trading possible, and work directly with the commercial teams.
What the successful Credit Analyst will be doing:
- Assessing the creditworthiness of new and existing counterparties, mainly through financial statement analysis, and writing the credit approval requests behind your recommendations.
- Recommending internal credit ratings, credit limits and risk mitigants (cash deposits, parent company or bank guarantees, credit insurance), and approving limits within your delegated authority.
- Partnering with commercial teams to understand and secure the risk in new business, alongside Treasury, Legal, Product Control and the wider Risk function.
- Monitoring limit utilisation, heading off potential breaches, and producing regular and ad-hoc credit risk reporting for key stakeholders.
- Running KYC assessments and keeping counterparties' KYC status under regular review.
What the successful Credit Risk Analyst needs:
- First experience in a credit risk role at an energy company, bank or rating agency.
- A good grounding in credit risk management practices and frameworks.
- Strong analytical skills and the ability to write clear, accurate credit analysis to tight deadlines.
- Sound judgement when making credit decisions within delegated authority.
- Comfortable working as part of a team and on your own initiative.
Desirable:
- Familiarity with energy or commodity trading markets, particularly natural gas, power, oil or LNG.
Interested? Apply now or get in touch for a confidential conversation.
Credit Risk Analyst in London employer: Lorien Resourcing
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StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Analyst in 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 Lorien Resourcing. 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 Credit Risk Analyst in 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 Lorien Resourcing.
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 Lorien Resourcing'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 Lorien Resourcing
✨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 Lorien Resourcing.
✨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 Lorien Resourcing 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 Lorien Resourcing 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.
