Credit Risk Management Analyst - Relocation to Saudi Arabia

aramco; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A global energy company is seeking a Credit Risk Analyst to join its Credit & Market Analysis Division. The ideal candidate will conduct in-depth evaluations, manage credit risks, and analyze financial statements. Applicants must possess at least 10 years of relevant experience, a Bachelor’s degree in finance or a related field, and proficiency in Microsoft Excel. Strong communication and the ability to meet tight deadlines are essential. This position is based in the UK but may involve relocation to Saudi Arabia.

Qualifications

• 10+ years of relevant credit experience in energy, banking, or financial risk management.
• Experience with implementation and application of credit risk models.
• Extensive experience analyzing financial statements.

Responsibilities

• Conduct credit evaluations of counterparties.
• Maintain approved credit limits and ratings in the credit database.
• Perform stress testing on various portfolios.

Skills

Credit risk assessment

Financial analysis

Microsoft Excel proficiency

Interpersonal skills

Education

Bachelor’s degree in finance, economics, accounting

MBA or advanced business degree

Certification (FRM, ERP, CMA, CFA)

Job description

Relocation to Saudi Arabia

Job Req ID: 16894

Overview

We are seeking a Credit Risk Analyst to join the credit team in its Credit & Market Analysis Division which is part of the Treasury organization. The main role of the division is to manage credit and market risks. Your primary role will be to safeguard the company’s assets by performing quantitative and qualitative credit assessments of counterparties, propose appropriate credit risk mitigation strategies and provide recommendations to management. This position requires strict adherence to the company’s credit risk policy and operating procedures.

Duties and Responsibilities

• Conduct credit evaluations of counterparties (financial and non-financial institutions).
• Carry out financial qualification of service providers for new projects.
• Conduct in-depth analysis of financial statements and employ the company’s internal credit model to derive credit ratings.
• Ensure new business transactions and related risks are appropriately defined, captured, and managed, by the Company’s risk methodologies and systems.
• Maintain approved credit limits and ratings in credit database.
• Actively monitor counterparty credit ratings and latest market developments to keep management informed on potential risks.
• Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure.
• Review policies, procedures, and align risk policies across the Group.
• Assist in the consolidation and preparation of reports for management.
• Complete assigned ad-hoc tasks as directed.
• Collaborate with other areas such as Operations, Sales, LAW, Contracting, among others.

Minimum Requirements

• A Bachelor’s degree in finance, economics, accounting, or a related field. MBA or other advanced business degree is preferred.
• Professional certification such as FRM, ERP, CMA or CFA, are highly regarded.
• At least 10 years of relevant credit experience in energy, banking or financial risk management.
• Experience with implementation and application of credit risk models.
• In-depth knowledge of qualitative and quantitative credit assessments.
• Extensive experience analysing financial statements.
• Ability to meet tight deadlines to submit credit recommendations to management.
• Advanced proficiency in Microsoft Excel including Excel models.
• Possess excellent interpersonal and communication skills in order to succeed in this role.

Country / Region : SA