Junior Credit Risk Analyst - Closed

The Jr. Credit Risk Analyst must understand the business model well; including the main workflows associated with trading and supply chain activities. The role addresses the following issues:

• Counterparty risk;
• Country risk;
• Systems (use and improvement).

He or she must have a basic knowledge of credit risk and the various instruments used to mitigate it.

The Analyst will report to the Credit Risk Manager.

Counterparty risk;

• Screening counterparties for credit-worthiness (mainstream risk activity);
• Determine payment terms and collateral requirements for electricity business in conjunction with Trader, Trade Finance and other groups within the company;
• See to it that MtM exposure is tracked and reported by contract and counterparty.

Country risk;

• Country risk (in-country net assets) will be tracked and reported to commercial management and the Risk Group, alongside the pre-agreed limits. Where exceedences occur or are foreseen, he or she will work to see that a mitigation/ reduction plan is prepared by the traders or local management.

Systems;

• The Junior Risk Analyst has a good view of the use and development of the local business administration systems. He/she therefore has the responsibility for risk measurement and reporting. System improvements are also part of the function.

• Career in the fast-paced commodity business;
• International and dynamic environment;
• Excellent employment benefits.

• Degree-level education or equivalent;
• Experienced in numerical manipulation;
• At least 1-2 years’ trading/ trade finance/accounting/operations/legal experience;
• N.B. New graduates will be considered if qualities are outstanding
• MS Excel (highly capable);
• MS Access (preferable);
• VBA (strong asset).