Senior) Credit Analyst, Hamburg or Amsterdam
The Credit Risk Team consists of an international team of experts spread across Amsterdam and Hamburg/Berlin. They perform counterparty evaluations, and in-depth financial analysis, determine and monitor credit limits, as well as advise on mitigation measures. In addition, the team is in the process of rolling out Credit Risk Management across the group and therefore it aims to set and support the development of new credit standards and processes.
Your Main Tasks And Responsibilities
- Take responsibility for a portfolio of assigned counterparties (with particular emphasis on Nordic Business/Trading/Dutch Sales Business)
- Gather quantitative and qualitative data in order to perform a credit analysis of existing / potential customers, counterparties and suppliers with the aim to minimize potential and actual credit losses within the Group
- Allocate credit limits according to the businesses risk mandate
- Prepare appropriate credit recommendations for decision-makers, including the companies Risk Committee
- Actively seek possibilities for credit mitigation, recommend credit conditions
- Negotiate and administer master netting agreements (EFET, ISDA, FEMA, CPMA, etc.) and credit support documents (CSA, letters of credit, etc.)
- Analyze complex structured transactions and/or investment activities, as well as credit portfolios
- Perform industry and peer analysis
- Monitor and report daily, weekly, monthly credit risk and work as well in different projects within Credit Risk
- Keep relevant business units informed of developments regarding specific industries, markets and counterparties (e.g. mergers, acquisitions, financial news, organizational changes)
- Contribute towards the improvement and development of credit risk management policies, procedures, tools and methodologies
Your background and profile
- Bachelor or Masters degree in Business or Economics or any other relevant study
- 2-7 years work experience in an analytical function, preferable within credit risk management in the energy markets
- Practical experience from areas relevant to the position, especially: analysis of counterparties, analysis of risks inherent in transactions and structuring of appropriate credit risk mitigation, origination and complex transactions, master netting agreement negotiation, credit portfolios with the aim of credit risk mitigation
- A thorough understanding and knowledge of cash flow, balance sheet and profit and loss analysis
- Understanding of the commodity and energy markets (physical and financial), as well as an understanding of the needs of the internal / external customers in the Trading, Sales, Treasury or Investment Procurement business in all countries where Vattenfall is active
- Ability to communicate and negotiate fluently in English on all levels of the organization is an absolute must
- Strong written skills with the ability to write credit analyzes in concise and clear manner
