07DEC2019 - JOB - Senior Credit Risk Analyst - RICHARD JAMES RECRUITMENT SPECIALISTS LTD - London, GB

bunker prices

Job Description
Our client is a Physical Oil trading and supply company with a global network of offices, a strong track-record of growth and a strong entrepreneurial approach! This is a Senior role within a team of Credit Analysts and will support the traders and the broader business with its ongoing strategic growth and offers the successful candidate a real chance to grow and develop their career within Credit Risk Analysis. Main duties & responsibilities:
Through continual collaboration with the trading teams, provide credit risk rating recommendations to Senior Management based on in-depth research and analytical work.
Action daily credit requests, coming in from the traders and business development, for counterparties in assigned region; help maintain the company's credit exposure within the framework of the company's risk appetite and limits
Write Credit Reports for the business, using all relevant research, investigation methods, and available data, to provide justification/explanation for credit recommendations and decisions
Ongoing liaison with traders and managers to promote and encourage credit awareness in dealing with customers and suppliers; monitor and enforce the company's credit risk policies with the high-level objective of achieving 'zero bad debt'
Identify and monitor outstanding debts and follow up with traders to ensure overdue payments are settled; identify bad debt and work in collaboration with the Legal team to recover payment
Support Business Development activities by identifying new business opportunities through extensive market research
Work in close co-operation with the Finance team to optimise margins on deals
Proactively monitor and report on market and other developments impacting counterparties in the assigned region; keep the internal CRM/trading platform up to date with relevant market intelligence
Liaise with traders, shipping intelligence agencies, insurance companies, shipping companies, and any other relevant counterparties to build up a network of contacts within the market EXPERIENCE REQUIRED:
An academic qualification at graduate level (Bachelor's degree or equivalent) - finance, business, economics, maritime studies or another relevant discipline is preferable, but all disciplines will be considered.
A minimum of 5 years relevant working experience within a credit risk analyst role
Understanding of or exposure to credit risk within the energy/commodity/shipping/maritime/bunkering industry would be a distinct advantage
Exposure to credit risk management in various regions including Europe
An established network of relevant contacts in the European market
Proven experience implementing credit solutions, researching and gathering data from various sources, and drafting credit and market reports

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