Credit Analyst

Our client is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. It operates in one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. These insights enable it to help its customers increase security of supply, optimise their portfolios and improve the risk management of their assets.

Headquartered in Singapore, it has a global talent pool of about 250 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).

Responsibilities:

As part of the Credit & KYC team, the Credit Analyst will be responsible for:

• Assessing and analysing new and existing counterparties - writing full credit analyses to identify risks and recommend credit ratings, limits, credit structure and contractual terms to the Credit Risk Manager, Head of Credit and/or Executive Management;
• Modelling plain-vanilla potential credit exposure of new and existing transactions;
• Helping KYC Analysts in completing KYC and AML checks and ensure adherence to Compliance Policy;
• Managing relationship with Front Office (originators & traders) and ensure commercial and credit risk interests are understood and reconciled;
• Monitoring, understanding, managing and reporting counterparty credit exposures (individual and portfolio) on daily basis to ensure trading activity remains within approved limits;
• Negotiating credit terms and covenants in commodity trading agreement (long-form contracts, MSPA, SCoTA, ISDA…) as well as credit supports (letters of credit, parent company guarantee, insurances…) directly with counterparties, guarantors, banks… in collaboration with Legal and Front Office teams;
• Regularly reviewing dedicated markets and sectors to identify events that could impact the credit portfolio and identify actions to mitigate risks;
• Computing and reporting key credit risk indicators (credit reserves, credit risk capital…) to Head of Credit, Executive Management and shareholders on a monthly basis;
• Maintaining the credit system updated and ensuring integrity and accuracy of data;
• Contributing to the development of new policies, quantitative credit risk frameworks and IT tools.

Requirements:

Experience:

• Around 3-5 years of experience in a credit analyst position gained within a commodities trading environment or financial institution, or a similar level of experience;
• Professional experience on energy products, particularly Coal, Drybulk freight, LNG and/or LNG freight, will be a strong advantage;
• Professional experience in negotiating contractual and credit documentation will be a strong advantage;

Technical

• Educated to degree level or equivalent professional qualification;
• Excellent financial, qualitative and credit analysis skills;
• Good negotiation skills and understanding of contractual framework;
• Knowledge of Coal, LNG and Freight products;
• Understanding of KYC and AML processes and requirements is a plus;
• Fluency in English – both written and verbal compulsory;
• Fluency in another language will be a strong advantage;
• Understanding of CubeLogic system and Excel pivot is a plus;
• Understanding of S&P IQ capital is a plus;
• Basic understanding of Python, Power BI and

Person Specification

• Organised and accountable;
• Capable to work autonomously is important but also to function as part of a team;
• Able to work within strict deadlines and within policies;
• Confident personality with the ability to communicate and write effectively as well as interact with a variety of functions and external counterparts;
• Attention to detail and the ability to work logically, consistently, and accurately;
• Computer literate, numerate, and comfortable handling varied and complex data sets;
• Willing and being able to work staggered hours at times to support business needs.