Credit Risk Analyst

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.

3,300 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 +120,000 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 expertises:

• 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 GEM Hub (https://gems.engie.com) or LinkedIn (https://www.linkedin.com/company/engie-global-energy-management-solutions).

Context:

As part of the Credit Analysts team, we are assessing the creditworthiness of GEM’s counterparts and managing the limits accordingly. The economic environment is also key and needs also to be followed.

Key missions:

Current portfolio management

• Analysis and follow-up of exposures in terms of counterpart risks evolution, credit lines management, and approval of Front Office’s transactions/contracts.

Portfolio counterpart Management

Client on-boarding

• Development of customer relationship before contract signing: analysis of Front Office’s need, study of the prospect’s profile (financials, business and regulatory environment,…) ;
• Proposal, negotiation of credit documents and clauses of netting contracts with prospects, in collaboration with the legal department
• Present recommendation to Credit Risk Management and to Committees. 

Project Finance (mainly PPA transactions)

• Assess project creditworthiness (for both development and production phases) and negotiating & structuring contracts for:
• long term (10y+) power offtake of PV or wind power production;
• long term offtake of Biomass plant production;
• pre-payment of upstream gas production (ie: financing of project development)

Digitalisation

• Together with Credit Reporting team and IT support work on development of existing and introduction of new IT tools facilitating credit risk management

Contribute to the team duty tasks

• Daily report production and answer to urgent business interests (check impact of deal interest on current exposure, and give authorization or not to trade)

Hard Skills:

• Financial analysis ;
• Strong analytical skills ;
• Project Finance ;
• Good level of Excel functions: ability to audit Excel models.

Soft Skills: 

• Team player ;
• Good stress resilience ;
• Digitalization/IT minded ;
• Good communication skills.

Education and professional background:

• Master degree ;
• Relevant experience in a credit risk position, or relevant finance or accounting activity (ideally in a trading or banking environment).

Languages:

• Fluent in English and French.