Senior Credit Risk Analyst
2 weeks ago
Vattenfall Group Risk Management aims to ensure long-term sustainable corporate development by providing state-of-the-art support to decision-makers. Risk Management does not only provide transparency of risks versus opportunities, but also drives the processes for the identification, analysis, assessment of different kinds of risks.
The department also carries out supervision of risks, risk reporting, and relevant documentation. Group Risk Management provides a second opinion on transactions and investment projects, as well as operational risk issues. It performs risk reporting and is responsible for the overall development of risk management within the Vattenfall Group.
Your RoleIn Risk Management, we're looking for a Senior Credit Risk Analyst. In this role, you will work in an international team of experts spread across Hamburg, Amsterdam, Berlin, and Stockholm. With your daily work, you will contribute to managing the credit risks arising from the development of renewable projects like the Nordlicht wind park or trading and sales activities of the Vattenfall Group to ensure a financially healthy business.
Your tasks and responsibilities include:
- Take responsibility for a portfolio of assigned counterparties.
- Gather quantitative and qualitative data to perform a credit analysis of existing/potential customers, counterparties, and suppliers with the aim to minimize potential and actual credit losses within the Vattenfall Group.
- Allocate credit limits according to the risk mandate.
- Prepare appropriate credit recommendations for decision makers.
- 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 on 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 improvement and development of credit risk management policies, procedures, tools, and methodologies.
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