Credit Analyst

Vitol•Houston, TX

4d•Onsite

About The Position

Responsible for the assessment and management of Vitol’s credit risk with counterparties located in the Americas, in tight coordination with credit teams. Supporting different matrices - crude oil and products, power and gas, renewables, for an assigned portfolio of counterparties and projects, working closely with trading, legal, compliance and other finance functions. Utilizing language ability in Spanish or Portuguese to perform quantitative and qualitative assessments of counterparts and proposing adequate credit limits, and provide support to commercial teams on the assessment of credit risks. Negotiating of credit provisions within commercial and credit support agreements. Providing surveillance of the portfolio, notifying Credit and Trading managers of any significant event. Implementing adequate risk mitigation solutions, including sale of receivables and use of credit risk and performance risk insurance. Supporting commercial and business development teams in the structuring and monitoring of complex structures across the region. Preparing global sectorial exposure reports for senior management team. Managing and developing relationships with credit teams of trading counterparties.

Requirements

Bachelor’s degree or foreign equivalent in Business Administration, Finance, or a related financial field and 3 years of experience in credit risk management or settlement risk management in an energy or financial institution OR Master’s degree or foreign equivalent in Business Administration, Finance, or a related financial field and 1 year of experience in credit risk management or settlement risk management in an energy or financial institution.
Experience in commodity trade life cycles.
Experience in contract analysis and negotiation.
Experience managing credit risk of counterparties, including those located in Latin America and North America.
Experience assessing company exposure including from credit, performance, and operational standpoint.
Experience addressing risk through detailed and specialized contracts to minimize potential losses and preserving value.
Experience in trade exposure and cost management, including costs and P&L forecasting and control.
Spanish or Portuguese language ability to read financial statements and contracts.

Responsibilities

Assessment and management of Vitol’s credit risk with counterparties located in the Americas.
Supporting different matrices (crude oil and products, power and gas, renewables) for an assigned portfolio of counterparties and projects.
Performing quantitative and qualitative assessments of counterparts and proposing adequate credit limits.
Providing support to commercial teams on the assessment of credit risks.
Negotiating credit provisions within commercial and credit support agreements.
Surveillance of the portfolio and notifying Credit and Trading managers of any significant event.
Implementing adequate risk mitigation solutions, including sale of receivables and use of credit risk and performance risk insurance.
Supporting commercial and business development teams in the structuring and monitoring of complex structures across the region.
Preparing global sectorial exposure reports for senior management team.
Managing and developing relationships with credit teams of trading counterparties.