Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Credit Risk team to manage and analyze credit exposures for SSE's diverse assets.
- Company: SSE is a leading energy company focused on building a net zero world with innovative projects.
- Benefits: Enjoy flexible work options, healthcare discounts, wellbeing services, and generous family entitlements.
- Why this job: Be part of a culture that values innovation and improvement while making a real impact in energy markets.
- Qualifications: Proven experience in credit analysis, financial modeling, and managing due diligence processes required.
- Other info: We promote an inclusive workplace and welcome applications from diverse backgrounds.
The predicted salary is between 40000 - 60000 £ per year.
Base Location: Perth, Edinburgh or Glasgow
Salary: £47,600 – £71.600 + performance-related bonus + a range of benefits to support your finances, wellbeing and family.
Working Pattern: Permanent | Full Time | Flexible First options available
The role
We are looking for a Senior Analyst to join our Credit Risk team. Our credit team fosters strong relationships with bilateral counterparties, leveraging SSE’s strong credit credentials and independently assessing counterparty credit worthiness. The team supports the route to market hedging of SSE generation and demand whilst providing objective credit risk analysis and recommendations to Group Finance.
You will be responsible for supporting the Head of Credit Risk in ensuring appropriate counterparty and regulatory relationship limits are in place. You will undertake a key role in the business as part of a team who is responsible for credit risk management and reporting, credit risk analysis and the complex modelling of credit exposures associated with SSE’s diverse portfolio of assets.
You will
- Play a key role in the business as part of a team responsible for credit risk management and reporting, credit risk analysis and the complex modelling of credit exposures associated with SSE’s diverse portfolio of assets.
- Provide an underwriting function to support route to market for existing physical assets (thermal power stations, gas storage, renewables assets), new asset opportunities, and nonstandard bilateral contracts (PPAs, swing contracts, index contracts, spreads, weather derivatives).
- Be comfortable with big data and demonstrate a flair for creating innovative solutions to meet changing needs and requirements.
- As a senior member of the team you will play an important part in fostering a culture of innovation and improvement, helping generate ideas and seeing them brought to fruition. You will work closely with the Head of Credit, assisting with identifying the priorities of the team and ensuring they are being met, and acting in a deputising capacity when necessary.
You have
- Proven experience of using a combination of internal and external sources to recommend credit ratings to internal committees.
- Portfolio monitoring and review, working with origination to ensure information flow, providing annual and ad hoc creditworthiness reviews.
- Proactive contribution to internal rating procedures, demonstration of best practice, internal and external rating approach benchmarking.
- Problem solving and mathematical modelling of credit exposures inherent in wholesale energy markets.
- Financial and credit analysis experience, experience of managing due diligence processes and running meetings.
About SSE
SSE has a bold ambition – to be a leading energy company in a net zero world. We’re building the world’s largest offshore wind farm. Transforming the grid to provide greener electricity for millions of people and investing over £20 billion in homegrown energy, with £20 billion more in the pipeline.
SSE Energy Markets secure the energy needed to power customers’ lives, while creating value for SSE. Our Energy Markets trading teams buy the fuel needed to deliver cleaner energy and sell power generated in our wind farm, hydro and thermal assets back to the markets.
Flexible benefits to fit your life
Enjoy discounts on private healthcare and gym memberships. Wellbeing benefits like a free online GP and 24/7 counselling service. Interest-free loans on tech and transport season tickets, or a new bike with our Cycle to Work scheme. As well as generous family entitlements such as maternity and adoption pay, and paternity leave.
Work with an equal opportunity employer
SSE will make any reasonable adjustments you need to ensure that your application and experience with us is positive. Please contact Lynsey at to discuss how we can support you.
We’re dedicated to fostering an open and inclusive workplace where people from all backgrounds can thrive. We create equal opportunities for everyone to succeed and especially welcome applications from those who may not be well represented in our workforce or industry.
Ready to apply?
Start your online application using the Apply Now box on this page. We only accept applications made online. We’ll be in touch after the closing date to let you know if we’ll be taking your application further. If you’re offered a role with SSE, you’ll need to complete a criminality check and a credit check before you start work.
#J-18808-Ljbffr
Senior Credit Risk Analyst employer: Scottish and Southern Electricity Networks
Contact Detail:
Scottish and Southern Electricity Networks Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Risk Analyst
✨Tip Number 1
Familiarize yourself with the latest trends in credit risk management, especially in the energy sector. Understanding how SSE's diverse portfolio impacts credit exposures will give you an edge during discussions.
✨Tip Number 2
Network with professionals in the energy and finance sectors. Engaging with industry experts can provide insights into best practices and innovative solutions that are currently being implemented in credit risk analysis.
✨Tip Number 3
Prepare to discuss your experience with big data and mathematical modeling. Be ready to share specific examples of how you've used these skills to solve complex problems in previous roles.
✨Tip Number 4
Highlight your proactive contributions to internal rating procedures in your conversations. Demonstrating your ability to benchmark and improve processes will resonate well with the team at SSE.
We think you need these skills to ace Senior Credit Risk Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Credit Risk Analyst position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your proven experience in credit risk analysis, financial analysis, and mathematical modeling. Use specific examples that demonstrate your ability to manage due diligence processes and provide credit ratings.
Showcase Problem-Solving Skills: Since the role requires innovative solutions to meet changing needs, include examples of how you've successfully solved complex problems in previous roles. This could involve your experience with big data or developing new methodologies.
Tailor Your Application: Make sure your application is tailored specifically for SSE. Mention their commitment to a net zero world and how your values align with their mission. This shows that you are not only qualified but also genuinely interested in the company.
How to prepare for a job interview at Scottish and Southern Electricity Networks
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Senior Credit Risk Analyst. Familiarize yourself with credit risk management, reporting, and the specific types of contracts you'll be dealing with, such as PPAs and weather derivatives.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with financial and credit analysis. Highlight any relevant projects where you've used mathematical modeling or problem-solving skills to assess credit exposures in wholesale energy markets.
✨Demonstrate Innovation
Since the role emphasizes fostering a culture of innovation, come ready with examples of how you've contributed to innovative solutions in previous roles. Discuss any ideas you have for improving credit risk processes at SSE.
✨Prepare for Behavioral Questions
Expect questions that assess your ability to work collaboratively within a team and manage relationships with counterparties. Prepare examples that demonstrate your proactive contributions and how you've handled challenges in past roles.
