Credit Risk Manager
Date de publication : 14/05/2024
Requisition ID : 26333
Credit Risk Manager
Credit risk analyst (B2B Supply)
About US (GEMS):
ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.
ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.
3,600 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.
Our 190,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.
Our 4 expertises:
• Asset management
• Energy transition services
• Energy supply & global commodities
• Risk management & market access
At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.
More info on GEMS Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).
Context:
The B2B Supply Credit risk Analyst role is part of EC Risk, the Risk Division of GEMS and will be managing credit risk resulting from the Supply activity covering BtoB France Platform (“E&C” hereafter). Main responsibility is to overview the creditworthiness of E&C portfolio and manage the credit risk exposure accordingly (credit risk mandate, overdue monitoring…). The economic environment is also key and needs also to be followed.
Role:
Credit Analysis
- In-depth credit analysis of E&C major clients (analysis of the financials, sector analysis, market & environment, peers and SWOT analysis)
- Rating recommendation and validation in ECR rating tool
- Recommendation including credit conditions on the request submitted
- Communication of any relevant negative news on clients
- Monitoring and follow up of the Client’s credit exposure on clients and effective implementation or monitoring of credit mitigants.
Contribute to the E&C risk management governance
- Update the E&C risk policy and sections related to credit risk.
- Review the credit delegation scheme of E&C
- Support the presentation of the related charts / dashboard in E&C Risk Committee
- Support on ad-hoc analysis and projects within the Finance & Risk teams.
Key activities carried out by the Credit Risk function include:
- Redaction and follow-up of the GEMS Risk Policy
- Review of Supply contracts and related credit clauses
- Liaising with external credit insurers and/or Brokers
- Communicating with Legal department on contracts and collaterals
Hard skills:
- Must have:
- Financial analysis
- Strong analytical skills
- Portfolio Management
- Good to have:
- Good knowledge of energy markets
- Project Management
- Good level of Excel functions: ability to audit Excel models
Soft skills:
Must have:
- Team player
- Good communication skills
- Enjoy collaborative environments and working closely with others
- Ability to work effectively with all Business Platforms
- Good to have:
- Strong emphasis on accuracy, coupled with analytical and problem-solving skills
- Capacity to handle and prioritize various credit risk requests simultaneously
- Good stress resilience
Education and professional background:
- Education level: Master degree
- Between 1 to 3 years of relevant experience in a credit risk position, or relevant finance or accounting activity (ideally in a trading or banking environment)
Languages:
- Fluent in English: written & oral
- Fluent in French: written & oral
Travels:
- Seldom
If you meet these requirements, then you are the talent we are looking for. Do not waste time!
Apply by attaching your updated CV, regardless your gender.
ENGIE Global Energy Management & Sales is committed to create a gender-neutral environment that unlocks the potential of everyone and provides equal employment opportunities for all individuals.
All our positions are open to people with disabilities, please let your recruiter know if you need reasonable accommodations to be able to participate in the recruitment process, they will be happy to assist you.
About ENGIE:
Our group is a global reference in low-carbon energy and services. Our purpose (“raison d’être”) is to act to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions, reconciling economic performance with a positive impact on people and the planet. We rely on our key businesses (gas, power, renewable energy, services) to offer competitive solutions to our customers. With our 96,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.