Credit Analyst

Gunvor Group•Houston, TX

29d

About The Position

Credit Analyst Overview of the Role 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.

Requirements

The ideal candidate should have an accounting, finance or banking background preferably within structured transactions and energy commodities.
Bachelor's degree/University degree or equivalent experience with emphasis in accounting/finance/banking
At least five (5) years of experience in physical and financial gas and power markets
Knowledge of the operational nature of energy commodities
Strong business acumen
Negotiation Skills
Strategic Mindset
Solid communication skills
Time management
Excellent interpersonal skills and rapport to deal internally and with counterparties
Excellent analytical and financials skills
Strong documentation, analytical, presentational and communication skills required
Ability to work under pressure in a rapidly changing environment in order to meet deadlines
PC skills with a solid understanding of spreadsheet applications; Microsoft Word and Excel
Strong organizational skills
A think “Outside the box” mentality
Team player
Judgment 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 issues
Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value

Responsibilities

Evaluate and analyse counterparty’s creditworthiness and prepare/present in-depth credit limit recommendation and analysis
Manage 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 performance
Monitor on a daily basis the operational risks and processes of Company’s counterparties
Perform periodic audits of counterparties through site visits
Liaison with key internal and external stakeholders to ensure smooth operations
Evaluate 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 limits
Perform economic/financial research in order to assess portfolio concentrations and trends
Evaluate company’s financial performance compared to overall industry and market trends
Assist new transactions proposed by business units and articulate the credit risk view with respect to its creditworthiness and conformity to Company policies and procedures
Counterparty on-boarding – Provide support to properly onboard new trading counterparties
Credit Operations-Provide support in the day to day operations of managing trading counterparties
Collateral 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 Credit
Credit infrastructure/systems-Support and learn in-house systems including credit systems to help streamline operations