Trading Credit Analyst

• Perform quantitative and qualitative credit assessment of the counterparty.
• support the legal/origination team with credit clauses and negotiation of trading contracts
• Monitor and support the control of credit risk and funds optimization through daily reporting/margining
• Support managing the credit and relationship with counterparties, exchanges, brokers and energy wide support organizations.

• Analyse financial statements and preparing credit reviews for a broad range of UK generators, EU/Global gas/power/renewable certificates trading counterparties and, in general, energy sector counterparties.
• Assist Legal and/or Originator team in arranging credit clauses/sections of agreements according to credit limits / policies. Review GTMA, NBP, EFET Gas/Power, EFET MNA, Emission/Renewable Certificates, PPA etc. credit related clauses.
• Monitor exposures on a daily basis and proactively control exposure to avoid limit breach.
• Maintain required approval limits and make new applications in accordance. with internal thresholds and rules. Proactively contacting counterparty with delinquent and/or at-risk exposures to assure repayment liaising with senior staff and/or debt management. Assists in the handling of bankruptcies/Legal procedure and contract terminations.
• Back-up to prepare / process margin calls in a timely and accurate manner.
• Calculate interest on cash and administer the portfolio of Letter of credits.
• Report credit meeting minutes and produce monthly/weekly report on stress scenario, collection, limit breaches and various cash/treasury reporting requirements.
• Establish and maintain relationships with external/internal team, stakeholders and counterparties.

• Experience as a Credit Risk Analyst analysing company accounts and negotiating credit clauses on trading agreements.
• Experience in the Power/Gas/Commodities and/or Renewable industry background required.
• Motivated candidate with a very good eye for details. Excellent analytical, numerical, problem-solving and teamworking skills are also essential.

• The opportunity to work from anywhere in the world for up to 30 days a year;

• A genuine commitment to smarter working - we recognise your work/life balance matters;
• Paid time off to volunteer in your community;
• Excellent benefits package including private medical insurance/dental cover and 10% non-contributory pension from month three;

• Hybrid working typically means 2 days in the office location listed on this advert and 3 days working at home each week. Some occasional travel to our other offices may be required.

• Once we receive your CV it will be reviewed by a human- no bots here!
• The average process once we receive your application takes around 2-3 weeks with typically 2 stages of video interviews using Teams - however this can change depending on the role (we may invite you to see us face to face or just need 1 video interview).
• If you need any support you can see who to contact in our Recruitment Team on the advert - any questions please just let us know.

• The future of energy is digitised, decarbonised and localised. At Smartest Energy, we need revolutionary thinkers to help our customers make the most of this new landscape, thinking differently to find smart solutions to complex problems.
• Formed in 2001, we're an agile business driven by entrepreneurial thinking. As a subsidiary of the Marubeni Corporation, we also have strong investment and infrastructure behind us. We have three offices in the UK, one in the US and another in Australia. Further expansion is planned for 2024 and beyond which means global career opportunities for you, with plenty of potential to explore new markets.
• When you join our Team, you will have the opportunity to contribute and make an impact every single day.

• Celebrating our inclusive and diverse culture is core to what we do. We value everybody irrespective of background, disability, religion, gender identity, sexuality or ethnicity.
• We know that for our business to thrive we need diverse talent with a range of backgrounds, skills and capabilities in each of the countries in which we operate. We view diversity as one of the key enablers that helps our business to grow.

Smartest Energy