Senior Credit Risk Manager
2 weeks ago
We are seeking a highly skilled Senior Credit Risk Manager to join our team at E1 EDF Trading Ltd.
Job Summary:
The successful candidate will be responsible for managing credit risks within our diverse energy portfolio, mitigating potential financial losses due to counterparties default. This includes administrative tasks and operational responsibilities such as credit support document management, reporting, late payments escalation, and credit system data recording and maintenance.
Key Responsibilities:- Assist in the day-to-day management of our energy portfolio and provide administration support to the Credit Team;
- Write full credit analysis to recommend credit ratings, limits, and contractual terms;
- Evaluate counterparty creditworthiness and ensure compliance with our Credit Policy and Group Integrity Checks policy;
- Monitor daily excess positions and late settlement payments;
- Manage daily, weekly, and monthly credit reporting;
- Maintain the credit system updated and ensure integrity and accuracy of data;
- Draft and negotiate industry-standard contracts and credit support documents;
- 2-year experience in a credit or financial analyst role gained within a commodity trading environment or financial institution;
- Professional experience on contractual and credit documents will be an advantage (e.g., Letters of Credit);
- Proficiency with MS software (Excel, Word, PowerPoint) and familiarity with S&P Capital IQ platform or CubeLogic credit system will be advantageous;
- Excellent analytical skills and attention to detail;
- Organized and accountable, capable of working within strict deadlines and policies;
- Proactive approach to work and problem-solving attitude;
- Excellent written and verbal communication skills, capable of summarizing and delivering simple presentations on complex and technical structures;
- Able to interact with various EDFT functions including Front Office, Legal, Back Office, Market Risk, and P&L Control;
We offer a competitive salary of £60,000 - £80,000 per annum, depending on experience, plus hybrid working arrangements and opportunities for career growth.
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