Credit Risk Analyst

This position is responsible for supporting the operations and development of risk management activities at Gazprom Energy.

  • Job Type : Permanent
  • Location : Manchester

The main roles are:

  • The preparation and presentation of credit applications for approval, either under the job holder’s credit authority level, or by escalation to the credit authority (as detailed in the prevailing delegation of authorities).
  • The continued review of risk processes and the credit quality within the portfolio, proactively identifying opportunities to optimise risk, whilst ensuring overall business and market objectives are met.                                                            

Key Responsibilities

  • To process new business applications and periodic credit limit reviews for Gazprom Energy. In addition the job holder will be responsible for KPI and OPI reporting
  • Production of detailed counterparty Credit Application Requests, incorporating a detailed financial analysis and a full appraisal of all credit risk factors.
  • To ensure all credit applications processed and the associated reporting is conducted with full compliance to both Gazprom Energy credit rules and procedures.
  • To constantly monitor the credit risk environment and macro-economic trends, provide updates to the Gazprom Energy Credit Dept and the Credit Committee.
  • Constantly review credit process and systems, in particular Credit / Sales interfaces, ensuring optimal processes are in place.
  • Regular review of Gazprom Energy Credit policy – proactively identifying opportunities for mitigating credit risk (credit insurance, Security) , whilst allowing for managed growth.
  • Participate in meetings with Sales Department and the customers directly, in order to resolve issues and identify solutions that enable credit facilities to be approved.
  • Monitor the credit limit review schedule for all counterparties to ensure the timely renewal of facilities.
  • Support the Credit Risk Management function by ensuring that parent company guarantees and letters of credit in master agreements are monitored, reviewed and updated where necessary (according to changes with market and trade exposure).
  • Production of portfolio credit reporting including PFE, expected loss and Mark to Market metrics to ensure key risks are identified to senior management

Skills and Competencies

  • Strong analytical and organizational skills
  • Strong verbal and written communication skills
  • Proficient with Microsoft Office products including Excel and VBA
  • Demonstrated ability to assess complex problems and deliver solutions
  • Ability to work under pressure and adaptability to a changing environment
  • Diligent and dependable
  • Strong attention to detail
  • Understanding of credit risk management practices, including extensive experience in analyzing European based counterparties.
  • Ability to support the identification of risk requirements, to support commercial development and maintain risk oversight.
  • Able to provide support within the Risk team for the development and validation of risk models, including PFE.
  • Ability to produce accurate reports within tight deadlines.
  • Effective written and verbal communication skills.
  • Languages (Dutch/French) desirable.


  • Educated to degree level in a  numerate subject


Living our Values

  • Unique team spirit and teamwork
  • Outstanding Communication
  • Innovation
  • Passion for Excellence