Senior Credit Analyst

Job Title:Senior Credit AnalystContract Type:PermanentTime Type:Full timeJob Description:The Gunvor Credit Department is a team of specialists responsible for managing Gunvor’s credit exposure with its trading counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, Gunvor Credit ensures that credit exposure to our counterparties are managed within Gunvor’s risk appetite. Given this structure, Gunvor Credit professionals gain diverse financial experience and a broad perspective on how the entire Company functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.Main ResponsibilitiesEvaluate and analyse counterparty’s creditworthiness and prepare/present in-depth credit limit recommendation and analysisManage a portfolio of transactions of various energy commodities and products to ensure Gunvor has perfected its security interests and in compliance with borrowing base reporting requirements.Monitor, manage, and provide reports to management on working capital, exposure and counterparty business performanceMonitor on a daily basis the operational risks and processes of Company’s counterpartiesPerform periodic audits of counterparties through site visitsLiaison with key internal and external stakeholders to ensure smooth operationsEvaluate other risk mitigating tools such as credit insurance, lockbox, silent cover, etc.Coordinate with Commercial, Legal, Operations, and Compliance to fully analyse transactions and ensure appropriate documentation, risk mitigants, and limitsPerform economic/financial research in order to assess portfolio concentrations and trendsEvaluate company’s financial performance compared to overall industry and market trendsAssist new transactions proposed by business units and articulate the credit risk view with respect to its creditworthiness and conformity to Company policies and proceduresSecondary Responsibilities:Counterparty on-boarding – Provide support to properly onboard new trading counterpartiesCredit Operations-Provide support in the day-to-day operations of managing trading counterpartiesCollateral Management-Provide support to keep track of both incoming and outgoing l/c’s, prepayments and other forms of collateral. Develop a strong understanding of margin calls and which counterparties have margining agreements. Reporting-Generate periodic reports for CreditCredit infrastructure/systems-Support and learn in-house systems including credit systems to help streamline operationsEducation Bachelor’s degree with a major in Finance, Economics or Business AdministrationProfile/ Key SkillsAt least five (5) years of experience, but preferably seven (7) to ten (10) years of experience in physical and financial gas and power marketsKnowledge of the operational nature of energy commoditiesStrong business acumenNegotiation SkillsStrategic MindsetSolid communication skillsTime managementExcellent interpersonal skills and rapport to deal internally and with counterpartiesExcellent analytical and financials skillsStrong documentation, analytical, presentational and communication skills requiredAbility to work under pressure in a rapidly changing environment in order to meet deadlinesPC skills with a solid understanding of spreadsheet applications; Microsoft Word and ExcelStrong organizational skillsA think “Outside the box” mentalityTeam playerJudgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issuesCreativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and practical useIf you think the open position you see is right for you, we encourage you to apply!Our people make all the difference in our success.