Credit Risk Analyst

at  BB Energy

THE COMPANY

BB Energy has a legacy spanning more than six decades. Today, the Group provides expertise across energy trading, operations, logistics, storage and retail. Our diversified portfolio cuts across many segments of the energy industry from trading crude oil and petroleum products to natural gas and renewables. With global operations anchored out of five hub offices in London, Dubai, Singapore, Houston and Athens, BB Energy has a global network of nearly 500 employees in a dozen offices across five continents. Growth and diversification remain cornerstones of BB Energy’s business strategy as it supports an energy ecosystem capable of delivering affordable, secure, and increasingly clean energy to the societies that need it most.

JOB ACCOUNTABILITIES

• Proactively manages and controls credit risk on an individual and country basis;
• Build and maintain relationships with external counterparties to support credit terms and document negotiations.
• Negotiates, secures, renews and manages credit insurance policies with brokers/underwriters for single risk and portfolio covers;
• Negotiates, secures and manages credit risk lay-offs to banks;
• Supports the structuring and risk mitigation of new or complex transactions;
• Prepares independent credit risk analysis for counterparties and transactions;
• Prepares dash boards showing credit risk exposure to senior management;
• Closely monitors the credit portfolio and relevant covenants;
• Produces regular internal and external credit risk reports;
• Supports the further development and maintenance of internal policies, risk assessment processes and templates and limit reports;
• Conducts stress and scenario testing and analysis of portfolio at global levels
• Supports wider Risk Management and bank initiatives;
• Works with Trade Finance, Legal, Accounting and Trading teams on day-to-day credit matters.

SKILLS AND EXPERIENCE

• Bachelor’s or higher degree in Business
• 5+ years of relevant experience in credit risk management and reporting
• Experience in the oil/energy commodity industry preferred
• Ability to work cooperatively with all levels of employees and management
• Excellent Technical Financial Analysis

Please refer the Job description for details