INEOS Energy · 4 hours ago
Credit Analyst
Houston, TX
Full-time
Onsite
Mid Level
3+ years expINEOS Energy is the energy division of INEOS, focusing on oil, gas, and low carbon technologies. They are seeking a Credit Analyst to manage credit exposure effectively and support the growth of trading activities through comprehensive credit risk assessments and collaboration with various teams.
Oil & Energy
No H1B
Responsibilities
Conduct in-depth creditworthiness analysis of existing and new counterparties and recommend appropriate credit support and limits. Review and challenge analysis produced by trade benches and support functions
Monitor and review existing credit exposures and business performance, identifying potential risks and recommending mitigations as required
Due diligence – conduct comprehensive counterparty review and analysis to identify key risks, incl. preparation of Due Diligence topics and question list and arranging in person Due Diligence meetings with counterparties
Work-out Management – Where the credit risk has increased to unacceptable levels or covenants have been breached, oversee the termination of the contract, work-out management and the recovery of bad debts/losses where appropriate
Own and develop the Credit Policy for the group and ensure compliance
Prepare regular credit risk reports and updates for traders, senior management and stakeholders
Ensure compliance with internal credit policies, regulatory requirements, and industry best practices
Maintain accurate and up-to-date records of credit assessments and decisions
Proactively collaborate with trading desks, business development, finance, legal, and operations teams to ensure credit risk is appropriately managed across all transactions
Present credit analysis and recommendations to stakeholders as necessary
Liaise with banks, insurers, and other financial institutions to facilitate the implementation of credit risk management solutions
Support on the assessment, deployment and management of structured trade finance transactions, including Letters of Credit (LCs), Documentary Collections, and Receivables Financing to mitigate risks and potential losses while ensuring alignment with credit policies and risk tolerance
Work closely with stakeholders Trade Finance team to evaluate and optimize the risk/return profile of trade finance deals
Qualification
Required
Bachelor's degree in Maths, Finance, Economics, Accounting, or a related field
3+ years of experience in credit analysis ideally within the commodity trading sector
In-depth knowledge of credit analysis
Knowledge of credit management and mitigations tools eg. margining, LCs, PCGs, security, insurance
Understands the General Trading Terms (MNA, NBP, EFET, GT&Cs, ISDA/CSA etc)
Understanding of the energy and crude markets
Understands hedging strategies & debt management
Cash flow forecasting and ability to sense check modelling
Proficiency in financial modeling, credit analysis tools (such as PFE, cVaR, stress testing), and risk management software
Good understanding of financial statements, ratios, and concepts
Strong analytical skills with the ability to interpret complex financial data and make sound recommendations
Excellent communication and interpersonal skills, with the ability to work effectively in a fast-paced, dynamic environment
Strong attention to detail, with a high level of accuracy in work output
Ability to work independently and as part of a team, with a proactive and solution-oriented mindset
Preferred
A Master's degree or professional qualifications (e.g., CFA, FRM) is a plus
Experience or strong interest in Structured Trade Finance, including an understanding of trade finance instruments and risk mitigation techniques
Benefits
Healthcare
Dental, and vision insurance for employees and eligible dependents
Wellness, financial, and work/lifestyle-specific benefits
401(k) retirement has both an automatic 6% company contribution and a match of up to an additional 6% of eligible compensation
Generous paid time off that includes both sick and vacation
Company
INEOS Energy
INEOS is a global chemical, manufacturing and energy company.
501-1000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase