Credit Manager - Gas & Power page is loaded
Credit Manager - Gas & Power
Apply locations Geneva, Switzerland time type Full time posted on Posted Yesterday job requisition id R-016372
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 markets
* Knowledge of complex credit transactions and the relevant documentation – ISDA, EFET, PPA etc
* Knowledge of Market / Liquidity risk measures – PFE, XVA, CVA
* Must be educated in finance, trading or similar studies to degree level, ideally postgraduate
* Fluent in English
* Someone who is organised, careful, pays attention to details, is able to work in a high-pressured environment, dealing with a range of high priority issues
* Strong analytical skills
* Strong communication skills both verbal and written to be applied also during meetings/calls with clients
Key Responsibilities:
* Reviewing counterpart / transaction information (qualitative/quantitative) and recommending credit limits for approval
* Managing the credit risk of the assigned portfolio of clients located in Europe
* Liaising with traders to understand the commercial relationship and determine the risk appetite of the assigned counterparts
* Speaking to customers to obtain information / understand their business profile versus peer group
* Work with Credit colleagues worldwide to manage exposures / set credit appetite for global groups
* Working with risk mitigation providers – bank/insurance markets as part of the credit management process
* Updating the systems with the relevant credit information and documents
* Follow key developments in the energy markets with specific focus on shipping / bunkering
Key Relationships and Department Overview:
* Commercial Departments – gas, power and renewables
* XVA/market risk desks
* Credit Department worldwide
* Finance Department
* External counterparts
Reporting Structure
* Credit Department - Geneva
* Reports to Group Head, Gas and Power Credit
Equal Opportunity Employer
We 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.
About Us
At the heart of global supply, Trafigura connects vital resources to power and build the world. Through our Metals and Minerals, Oil & Petroleum Products and Gas, Power and Renewables, commercial divisions, we use infrastructure, logistics and financing to connect producers and consumers, using our deep understanding of the markets we serve to make supply more efficient, secure and sustainable.
We are accelerating our investments in renewable energy, including hydrogen, ammonia and other low-carbon energy technologies required for the transition to a low carbon future. We are committed to responsible business practices and we work with our stakeholders to improve environmental and social standards, bringing greater trust and transparency to global supply chains.
A career at Trafigura offers a gateway to working on some of the most exciting challenges of a rapidly changing world – from helping to optimise supply chains to developing infrastructure and new markets. In a culture that is founded on openness and energy, our people work as part of a multinational, globally connected team and thrive in a fast-paced environment where they can nurture and commercialise bold ideas. Everyone has a voice and is empowered to collaborate across geographies and disciplines to help shape our business and the wider world. We know the importance and value of diversity in our business and we invest in attracting, developing and retaining talent from all backgrounds.
Founded in 1993, Trafigura is one of the largest independent employee-owned commodities groups in the world with over 12,000 people working across more than 60 offices. The Trafigura Group owns global multi-metals producer Nyrstar; fuel storage and distribution company Puma Energy; and joint ventures Impala Terminals, a port and logistics provider, and Nalo Renewables, investing in wind, solar and battery storage projects.
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