Credit Risk Specialist - London, United Kingdom - Aramco Trading Limited

Description

Aramco Trading LimitedEstablished in 2010, Aramco Trading (ATC) is now the lead premier trading company in the Middle East. ATC initially started operations focusing on the trade of refined products, blending components, bulk petrochemicals, and polyolefins.

Now, ATC focuses on refined products and blending components emerging as a global player based on an efficient and exceptional strategy.

Our high performance and effective implementation of our strategy is viable based on the power of our employees, our advanced technology, and our avant-garde intelligence.

With offices in Saudi Arabia, Singapore, UAE, London and Houston, ATC's team of approximately 500 employees are committed to helping its customers and partners all around the world.

Aramco Trading Limited (ATL) was incorporated in London in 2019.

ATL carry out energy trading activities, in particular the trading, by way of procurement and sale of refined products, crude oil, specialty petroleum products and chemicals.

In addition to physical trading, ATL also engage in a wide variety of activities including shipping, chartering, storage and trading of financial derivatives.

The company has a widely diverse employee base with expertise in all aspects of the oil trading market.
The rapidly expanding London team compliments our global network and provides constant coverage across all time zones.

ATL is an active participant in hydrocarbon trading in Europe, Africa and the Americas, with wide variety of crude grades and different petroleum products.

The Company has also been expanding its activities to include Gas business where trading Liquefied Petroleum Products (LPG) and Lignified Natural Gas (LNG) form part of the growing portfolio.

The RoleThis role reports to both the ATC Group Head of Credit and the ATL Finance Director, the Credit Risk Specialist will play a critical role in assessing and managing credit risks within the organization.

Key Accountabilities include but are not limited to:
Conduct periodic and ad hoc credit reviews on both the group's counterparties and financial institutions.

Manage relationships with ATC & ATL's front office stakeholders, ensuring that commercial and credit risks are effectively understood and managed.

Collaborate closely with other support functions such as Legal, Treasury, and Finance to ensure that all credit-related matters are appropriately addressed.

Monitor ongoing market events and trends that could impact the organization's counterparty and financial institution credit portfolio.
Monitor and report credit exposures to relevant internal stakeholders, providing timely insights and recommendations.
Manage all credit-related matters within the SAP system, ensuring accuracy and compliance with internal policies.
Engage and advise on structured projects with strategic credit risk aspects, contributing to informed decision-making and risk mitigation efforts.
Please note that we are based 5-days a week in the office.