Credit Risk Analyst

Oliver Bernard; Greater London; On-site; GBP 101,000 - 111,000; Full time

Job summary

Oliver Bernard is seeking a Contract Credit Risk Analyst to join its Energy & Commodities division on a contract basis. You will assess counterparty creditworthiness and support risk mitigation across trading and commercial teams.

The role requires strong financial statement analysis, familiarity with credit frameworks, and the ability to produce clear risk assessments. Prior KYC experience is beneficial; INSIDE IR35 applies.

Qualifications

• Experience analysing financial statements and assessing counterparty creditworthiness.
• Understanding of credit risk frameworks, limits and risk mitigation.
• Strong analytical skills and ability to produce clear credit assessments.
• Degree in Finance, Economics, Accounting or related discipline.

Responsibilities

• Analyse creditworthiness of counterparties using financial statements.
• Prepare Credit Approval Requests and recommend credit ratings and exposure limits.
• Suggest risk mitigations: cash deposits, bank guarantees, group guarantees and insurance.
• Monitor credit limit utilisation and counterparty exposure; identify breaches.
• Conduct KYC assessments and maintain counterparty data across systems.
• Produce regular and ad hoc Credit Risk reports for stakeholders.
• Collaborate with Trading, Commercial, Treasury and Legal teams to mitigate exposure.

Skills

Credit risk

Financial analysis

Credit limits

KYC

Education

Finance/Economics/Accounting degree

Job description

Contract Credit Risk Analyst | £550-£600/day (INSIDE IR35) | Energy / Commodities

We're looking for a Credit Analyst to join a major European energy business on a contract basis, supporting its Credit Risk function.

This is an opportunity to work closely with commercial and trading teams, assessing counterparty creditworthiness, managing exposure and helping mitigate financial risk across the business.

Key Responsibilities:

• Analyse the creditworthiness of new and existing counterparties, primarily through financial statement analysis.
• Prepare detailed Credit Approval Requests and make recommendations on credit ratings and exposure limits.
• Assess and recommend appropriate risk mitigation measures, including cash deposits, bank guarantees, group guarantees and insurance.
• Monitor credit limit utilisation, identify potential breaches and proactively manage counterparty exposure.
• Conduct KYC assessments and maintain accurate counterparty information across internal credit systems.
• Produce regular and ad hoc Credit Risk reports for key stakeholders.
• Work closely with Trading, Commercial, Treasury, Legal and other Risk teams to assess and mitigate exposure.

What we're looking for:

• Previous experience in a Credit Analyst, Credit Risk or broader finance role.
• Demonstrable experience analysing financial statements and assessing counterparty creditworthiness.
• Good understanding of credit risk management frameworks, credit limits and risk mitigation.
• Strong analytical skills and the ability to produce clear, well-structured credit assessments.
• A degree or equivalent qualification in Finance, Economics, Accounting or a related discipline.
• Experience within the energy, commodities or banking sectors would be advantageous.
• Exposure to natural gas, power, oil or LNG markets would be particularly beneficial.