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 involves assessing the credit/performance risks on longer-dated trades, negotiating with external counterparts, and working with commercial teams to manage exposure within acceptable levels using credit risk mitigation products and tools.
Knowledge, Skills, Abilities, and Key Responsibilities:
* Minimum five years’ credit experience in a utility, bank, or trading company focused on relevant markets.
* Knowledge of complex credit transactions and relevant documentation such as ISDA, EFET, PPA, etc.
* Knowledge of market and liquidity risk measures – PFE, XVA, CVA.
* Degree-level education in finance, trading, or related fields; postgraduate preferred.
* Fluent in English.
* Organized, detail-oriented, able to work under pressure, and handle high-priority issues.
* Strong analytical skills.
* Excellent verbal and written communication skills, including during meetings and calls with clients.
Key Responsibilities:
* Reviewing counterpart and transaction information (qualitative and quantitative) and recommending credit limits for approval.
* Managing the credit risk of an assigned portfolio of clients in Europe.
* Liaising with traders to understand commercial relationships and risk appetite.
* Communicating with customers to gather information and understand their business profiles.
* Collaborating with global Credit colleagues to manage exposures and set credit appetite for worldwide groups.
* Working with risk mitigation providers, such as banks and insurance markets, as part of credit management.
* Updating relevant credit information and documents in systems.
* Monitoring key developments in energy markets, especially shipping and bunkering.
Key Relationships and Department Overview:
* Commercial Departments – gas, power, and renewables.
* XVA/market risk desks.
* Global Credit Department.
* 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 pride ourselves on a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion, or other employment practices based on race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition, disability, or other legally protected status.
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