LNG Credit Risk Manager

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We’re energy movers by nature. We’re a global renewable energy trading company which helps move energy from source to use – powering businesses, homes, and societies as they transition to a new sustainable energy future. If the idea of working to create a sustainable energy future also moves you, we may very well be the right place for you.

Centrica Energy is a leading European energy trading company with a global reach, operating out of eight offices across all time zones to move energy from source to use. Our mission is to drive the green transition while offering sustainable and predictable energy costs for suppliers and offtakers.

We currently trade gas across 20 countries and power across 28 European countries and the United States, whilst our LNG business has a global reach with cargoes delivered almost anywhere in the world. To service our clients across the globe. #LI-CET

LNG Credit Risk Manager
, you will be responsible for managing the credit risk across the Centrica Energy LNG business, ensuring the monitoring, control, and mitigation of credit risks while supporting the development of business strategy. The role may also involve supporting credit risk activities related to the Gas and Power portfolio, depending on the needs of the business.

The role holder will take decisions regarding credit risk within delegated competences and provide management with a motivated opinion regarding decisions to be taken at higher levels. You will ensure a high level of professionalism, knowledge, and exemplarity within the credit risk function and support the Head of Credit Risk and Head of Risk (Centrica Energy).

The role is based out of our central London office (close to Marble Arch) with 3 days per week typically based within the office.

• Oversee credit risk activities related to LNG transactions (with potential involvement in the Gas and Power portfolio), ensuring integrity of credit systems regarding exposure capture.
• Monitor and analyse credit exposures, identifying potential risks and opportunities for risk mitigation.
• Demonstrate an insightful understanding of financial accounts to review and approve credit assessments and scorings and set appropriate limits within group credit appetite.
• Implement and continually push the development of state‑of‑the‑art information systems ensuring a thorough view of credit risks in cooperation with the dedicated IT and specialist quantitative teams.
• Collaborate closely with trading desks, finance teams, and other stakeholders to assess credit risks associated with new and existing transactions.
• Regularly review and update credit risk models, methodologies, and tools to enhance accuracy and effectiveness.
• Stay abreast of market trends, regulatory changes, and industry best practices related to credit risk management in commodity trading.
• Represent Centrica in negotiations with external trading counter parties regarding credit matters and demonstrate an excellent knowledge of trading documentation and credit clauses.

• Extensive experience in credit risk management, especially in the LNG business, from within either a commodity trading house or investment banking environment, with an in depth understanding of market dynamics, key energy market players and trading practices.
• Energy commodity knowledge ideally within LNG and Gas.
• Proven track record of developing and implementing effective credit risk policies and procedures.
• Deep knowledge of credit risk assessment methodologies, financial analysis,…