Credit Risk Analyst

3w3 weeks ago

EDF Trading

London, GB · Full-time · £55,000 – £85,000

About this role

Join EDF Trading, part of the EDF Group, a world leader in low-carbon electricity generation. The Credit Risk department manages the full credit risk life-cycle, including analysing counterparties, assessing exposures from transactions, and modelling potential future exposure across power, gas, LNG, and other energy commodities.

Support the Credit team by preparing credit analyses to recommend ratings, limits, and terms, while managing documentation like EFETs, ISDAs, and credit support such as Letters of Credit. Handle administrative tasks including credit reporting distribution, late payment escalations, and data reconciliation in Credit systems.

Work in a collaborative, team-based environment with a flat structure that promotes open communication and access to management. Exchange ideas and technical insights on diverse physical and financial energy markets with a counterparty base spanning multiple commodities.

EDF Trading offers hybrid working, personal pension plan, private medical and dental insurance, corporate gym memberships, electric car lease programme, and volunteering opportunities. Enjoy regular social and networking events in a diversifying team of 750 colleagues across London, Paris, Singapore, and Houston.

Requirements

Ability to analyse and monitor counterparty credit risk in energy portfolios
Proficiency in preparing credit analyses for ratings and exposure limits
Familiarity with energy trading documentation like EFETs and ISDAs
Experience managing credit support such as Letters of Credit and guarantees
Knowledge of credit exposure assessment and PFE modelling
Skills in monitoring exposures and handling credit events
Competence in credit reporting and data reconciliation
Understanding of power, gas, LNG, and environmental products markets

Responsibilities

Report directly to the Credit Manager, supporting day-to-day management of the energy portfolio
Prepare comprehensive credit analyses to recommend credit ratings, exposure limits, and contractual terms
Manage energy-related documentation including EFETs, ISDAs, and bespoke agreements
Handle credit support instruments such as Letters of Credit and Parent Company Guarantees
Research and analyse counterparties across physical and financial energy markets
Assess credit exposure from new or legacy transactions and model potential future exposure (PFE)
Monitor and report credit exposures and credit-related events
Escalate late payments and maintain accurate data reconciliation in Credit systems