Senior Credit Risk Analyst

Senior Credit Risk Analyst

6 month contract

Location: Location: Remote working - will need to be based close to Exeter or London due to attending office when required

Advantage resourcing are recruiting for a Senior Credit Risk Analyst, working for Britain's biggest generator of zero carbon electricity

Job Purpose / Overview The Senior Analyst Credit Risk Control will be a key point of contact on reporting, analysis and credit decision making across multiple portfolios. Unearth portfolio insight that drives optimal customer treatment. The role holder willsupport the Senior Manager of Credit Risk Control in ensuring that the credit risks to which the business (UK) is exposed are identified, measured, managed and reported on in accordance with prevailing policy and governance frameworks. Contextual Informationthe business's Customers business serves over 200,000 business customers and is the largest supplier of electricity to business customers in Britain. Customers also supplies energy and energy services to over 5.3m residential customer accounts across the UK.the business's Generation business extends from nuclear power stations to coal, gas and renewables, to the full energy mix. Generation is on a journey to change the way people use energy for generations to come. Our eight existing nuclear sites generate 60TWh through various reactors. The plan is to secure strategic flexibility and maximise the long-term value of thermal energy within the the business' Energy portfolio. Wholesale Markets Optimisation (WMO) is responsible for managing the risk around the integratedportfolio of assets and customers, securing the gas and electricity needs of our residential and business customers and for maximising the value of our generation fleet. WMO activities include volume forecasting, customer cost management, strategy & analysis,portfolio hedging and short-term optimisation, risk management and compliance. The Credit, Market Risk and Compliance (CMRC) team is responsible for the development and implementation of governance, policies, systems of controls, reporting and training tomanage the Credit, Market and Compliance risks to which the business' is exposed through its Wholesale Market Optimisation activities, in addition to supporting the Sales & Marketing and Finance teams of its Generation and Customers businesses and associatedentities.

**Principal Accountabilities**
- Assess the creditworthiness of new and renewing business customers, in accordance with internal processes. Including, credit score interrogation, payment history, sector outlook, financial ratio analysis and detailed news checks.
- Perform ongoing analysis and monitoring of counterparty/customers credit risk exposure and provide efficient and insightful credit risk reporting, analysis and data validation, responding dynamically to business and market developments.
- Work with Commercial and Legal teams to understand the contractual value vs risk balance
- Represent the Senior Manager of Credit Risk Control on projects that have an impact on Credit Risk, ensuring that all areas of credit risk are considered and consistent with policy.
- Deliver credit risk commentary, advice and expert analysis to commercial teams, senior management and the business' group through regular reporting requirements and ad hoc requests
- Gain expert knowledge of credit scoring agencies scorecards and processes, including Dunn & Bradstreet and Experian
- Support Senior Manager of Credit Risk Control, in the operation of the various Credit Risk committees
- Support/develop the Credit Risk Control analyst community
- Promote and embed a culture of good governance, risk awareness and compliance across the organisation Dimensions
- This role has no line management responsibilities, but some support / oversight of analysts will be required
- Working alongside 3 Analysts and 4 Senior Analysts
- Stakeholders across the business' (UK) - Sales and Marketing (I&C, SME, Resi), WMO, Generation, Supply Chain up to Director level Knowledge, Skills,

**Qualifications & Experience Knowledge & Skills**
- Awareness of credit risk methodologies and management techniques
- Understanding of and ability to interpret financial statements (further training will be provided)
- Commercial acumen with the ability to understand complex commercial and contractual matters
- Good understanding of the UK energy markets
- Strong IT and modelling skills (Excel; MS Access) - Python/SQL would be an advantage
- Able to establish and maintain effective internal and external business relationships with key stakeholders at all levels
- Developed communication and negotiating skills
- Strong analytical, critical thinking and problem-solving skills
- Strong organisational and time management skills with a high level of attention to detail
- Ability to innovate and design new concepts
- Interest in keeping up with business news, knowledge of UK corporate history Qualifications & Experience
- Part qualified accountant or business analyst certification (desirable but not essential)
- Knowledge of I&C/SME operations
- Internal and/or external stakeholder management

**Key Competencies**
- Ability to learn new processes quickly and take responsibility for output
- Confident in decision making, but knowing when to ask for help
- An interest in understanding how transactions can go wrong
- Driven by a responsibility to protect our business from credit losses
- Keen to become a business expert, capable of providing advice to business units
- Able to support team members with care and consideration
- Enjoy working in a busy, pressurised (but fun) environment
- Influencing others and effective stakeholder management
- Striving for efficiency
- Sound judgement and decision making
- Ensure that Health, Safety, Wellbeing, and a culture of inclusion is embedded across the organisation