Overview
Senior Credit Analyst Jobs in Greater London, UK at Brook Green Supply
Location: Greater London
Brook Green Supply are an independent B2B energy supply company. You will be working alongside a vastly experienced team who have operated in the energy industry for many years, providing a fantastic career opportunity for a determined, flexible, and driven individual, with personal development and progression aligned to the continued growth and success of the business.
As part of the Credit Risk team under the Commercial department, you will be involved in liaising with both internal account managers, account management coordinators and members of the trading desk, as well as external clients and prospect clients, third party intermediaries, credit rating agencies, credit insurance providers and credit insurance brokers regarding energy supply, trading documentation, contractual arrangements and credit management.
There will be a focus on critically assessing data and contracts, managing counter party credit risk arising from physical power and gas supply, providing knowledge and expertise to internal departments, ensuring key client accounts are closely managed and facilitating sustainable business growth. You will manage complex credit exposures and collateral arrangements, and help shape reporting and risk-mitigation frameworks.
Responsibilities
- Leading credit assessments of high-value or complex counter parties, including group structures, SPVs, and large portfolios
- Coordinating cross-team collaboration that encourages continuous improvement;
- Completing accurate credit assessments based on both quantitative and qualitative data, submitting credit insurance requests, and undertaking periodic credit limit reviews;
- Checking, monitoring and updating credit exposures arising from physical power and gas supply contracts, including insured and uninsured positions;
- Developing, maintaining, and improving credit policy, approval processes, and reporting frameworks.
- Proactively managing aggregate insurance cover levels in line with policy parameters;
- Efficiently and effectively communicating credit decisions to internal counter parties, providing relevant feedback, and requesting the required information for reassessment;
- Proactively identifying solutions to ensure appropriate credit risk mitigation, such as requesting alternative forms of collateral (i.e., third-party guarantees, bank guarantees, letters of credit, security deposits, escrow accounts);
- Acting as a senior person of liaison for more complex credit-related queries and bespoke credit solutions;
- Monitoring and managing the effective delivery of alternative forms of collateral, as well as updating and renewing these facilities as required;
- Exploring, implementing, and reviewing credit decisions relating to renewals, site additions and payment term amendments;
- Tracking and interpreting macroeconomic and sector developments that may impact counter party risk
- Gathering feedback from business stakeholders, understanding their requirements and needs, and providing tools for visualisation of credit-related information;
- Reviewing and supporting credit aspects of energy trading documentation, including EFET Master Agreements, GTMAs, MNAs and CSAs.
- Mining and aggregating data and producing relevant reports for further analysis, in line with team requirements, as well as overall business requirements;
- Lead initiatives to automate and streamline processes (data pipelines, reporting, workflow tools).
- Undertaking various data entry, validation and administrative tasks, as required by management;
In return, we’ll develop your knowledge and expertise in some of the following areas:
- Developing and maintaining highly effective business relationships
- Regulatory frameworks for both the Gas and Electricity markets
- Industry operations, billing and compliance.
About you
- Excellent verbal and written communication skills;
- Strong technical background with excellent analytical and numerical skills and high attention to the detail;
- Ability to read and understand financial data and perform financial analysis;
- Self-starter who takes the initiative to expand upon tasks at hand, improve business processes and develop professionally;
Title: Senior Credit Analyst
Company: Brook Green Supply
Location: Greater London, UK
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