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 areas of expertise:
• 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:
In this role, you will report to the Chief Risk Officer, APAC. You will a key member of the APAC Credit Risk team in Singapore to ensure that all trading activities are in line with the credit risk requirements of the GEMS Risk Policy and the approved limit framework:
• Assessing credit risk and credit worthiness of APAC counterparties
• Setting, monitoring and enforcing credit risk limits
• Credit risk reporting & analysis
• Tailoring globally consistent monitoring and control processes to suit local requirements
Role:
As a Credit Risk Analyst, you will report to the APAC Regional Chief Risk Officer. You will collaborate to the fulfillment of the objectives of the department and may be involved in projects spanning multiple groups across commercial functions and staff.
Note: This is a 9 months - 1 year contract role.
The main responsibilities are to:
- Assess creditworthiness of counterparties in close collaboration with Front Office and other support functions
- Perform detailed credit analysis of counterparties and assigning internal ratings
- Present files and credit line requests to regular Credit Risk Committees
- Participate in counterparty relationship development with Front Office
- Negotiate credit, collateral, and payment terms in contracts in conjunction with Legal and Front Office, including ISDAs and physical master agreements
- Monitor credit risk indicators, exposures, limits, and utilization for a portfolio of counterparties.
- Respond to Front Office queries about potential trade exposures and credit limits availability
- Monitor news and credit events impacting portfolio of counterparties
- Understand risk calculation methodology, interface with Risk Methodology team in Europe
- Analyze major transactions and present material to GEMS and Group level committees
- Develop credit risk frameworks and methodologies for new products and markets
- Participate in cross-functional projects
Hard skills:
- Regular production of detailed credit files and assigning internal ratings
- Deep understanding of energy commodities markets, products, and counterparties
- Usage of credit analysis tools (S&P Capital IQ, Moodys, Reuters or Bloomberg)
- Solid understanding of credit exposure and risk modeling methodology (Credit VaR/PFE) and counterparty credit risk standards
Soft skills:
- Strong analytical skills (including performing financial analysis)
- Strong communication skills
- Excellent team player
- Meticulous, self-motivated, and highly organized with strong sense of ownership and responsibility.
- Maintain resilience under time and task pressures
- Digitalization/IT minded
Education and professional background:
- 7-10 years of credit risk experience in a commodities trading house or financial institution, with coverage of both physical and paper instruments
- Bachelor’s degree in Finance (Corporate Finance, Accounting, Economics) or equivalent
Preferred
- Experience with the ISDA and physical master agreements is a plus
- Derivatives knowledge and background, e.g. Greeks and pricing
Languages:
- Excellent communication skills in English both verbal and written
- Additional languages Chinese or Japanese, not mandatory but will be advantageous
Location:
- Singapore – Asia Square Tower 1
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.
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