Main Purpose: To be part of a team responsible for the review and approval of the credit risk linked to complex transactions on Gas, Power and Renewable products. This will involve assessing the credit / performance risks on these longer dated trades, negotiating with external counterparts and working with the commercial teams to manage exposure within acceptable levels using credit risk mitigation products / tools where necessary.Knowledge Skills and Abilities, Key Responsibilities:Minimum five years’ credit experience in a utility, bank, or trading co with focus on the relevant marketsKnowledge of complex credit transactions and the relevant documentation – ISDA, EFET, PPA etcKnowledge of Market / Liquidity risk measures – PFE, XVA, CVAMust be educated in finance, trading or similar studies to degree level, ideally postgraduateFluent in EnglishSomeone who is organised, careful, pays attention to details, is able to work in a high-pressured environment, dealing with a range of high priority issuesStrong analytical skillsStrong communication skills both verbal and written to be applied also during meetings/calls with clientsKey Responsibilities:Reviewing counterpart / transaction information (qualitative/quantitative) and recommending credit limits for approvalManaging the credit risk of the assigned portfolio of clients located in EuropeLiaising with traders to understand the commercial relationship and determine the risk appetite of the assigned counterpartsSpeaking to customers to obtain information / understand their business profile versus peer groupWork with Credit colleagues worldwide to manage exposures / set credit appetite for global groupsWorking with risk mitigation providers – bank/insurance markets as part of the credit management processUpdating the systems with the relevant credit information and documentsFollow key developments in the energy markets with specific focus on shipping / bunkeringKey Relationships and Department Overview:Commercial Departments – gas, power and renewablesXVA/market risk desksCredit Department worldwideFinance DepartmentExternal counterpartsReporting StructureCredit Department - GenevaReports to Group Head, Gas and Power CreditEqual Opportunity EmployerWe are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.
