Credit Risk Analyst

The JERA Global Markets Group (JERAGM) is a leading utility-backed energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading Ltd, JERAGM’s shareholders are among the world’s major utilities.

JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its in-depth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.

Headquartered in Singapore, JERAGM has a global talent pool of about 400 people across offices located in five strategic locations:
Singapore, the UK (London), Japan (Tokyo), the US (Houston) and Australia (Brisbane).

JERA Global Markets Pte. Ltd. is strongly capitalised with over US $500 million in paid up capital and has retained its AA-Stable rating from R&I, attributable to a robust business model and solid financial base. JERAGM has a total equity of US $3.4 billion (as of 1 April 2025).

JERA Global Markets’ Credit function is responsible for managing counter party credit risk across a global energy trading portfolio but focused on EMEA and the Americas. The team assesses a diverse range of counter parties and transactions, from major listed utilities and global trading companies to privately owned businesses, special-purpose vehicles and structured energy projects. Based in JERAGM’s London office, the Credit Analyst will report to the Credit Risk Manager and work closely with Credit Analysts, Quantitative Credit Analysts and teams across Trading, Legal, Compliance, Treasury, Market Risk and IT.

The role is responsible for delivering robust credit assessments, monitoring portfolio exposures and supporting commercially balanced credit risk decisions.

Responsibilities include, but are not limited to:

• Conduct
  timely and thorough credit assessments of new and existing counter parties, identifying key risks, recommending internal credit ratings and limits, and proposing appropriate credit structures and contractual protections.
• Evaluate
  the credit exposure arising from new and existing transactions, working with Quantitative Credit Analysts to incorporate current exposure, potential future exposure and other relevant risk measures into credit recommendations.
• Negotiate
  credit terms
  , financial covenants and credit support provisions in commodity trading agreements, in collaboration with Legal, Trading and Origination teams.
• Monitor daily counter party and portfolio credit exposures
  , investigate limit utilisation or breaches, and recommend appropriate risk mitigation actions to ensure trading activity remains within approved parameters.
• Analyse
  relevant sectors
  , regions and energy market developments to identify emerging credit risks, assess their potential impact on counter parties and the portfolio, and provide clear updates to Credit Management and Credit Committees.
• Support
  the onboarding and periodic review of counter parties ensuring accurate, complete and timely credit information is maintained in the relevant systems.
• Prepare
  accurate and insightful credit risk reporting
  , including key risk indicators, portfolio analysis, stress testing and scenario analysis, to support management oversight and informed decision-making.
• Participate to credit risk processes improvements and data integrity to ensure accurate output, operational efficiency, and control implementation.

• Experience with in commodity or energy trading firms or bank.
• Demonstrated financial and credit analysis capability
  , including the ability to interpret financial statements, assess qualitative and quantitative risk factors, and form a clear, evidence-based view of counter party creditworthiness, and provide clear credit recommendation.
• Ability to deliver accurate work within changing deadlines
  , prioritising competing requests, working autonomously when required and collaborating effectively with colleagues across Credit, Trading, Legal, Risk and other support functions.
• Ability to communicate complex credit…