Oil Credit Analyst Job in London at Shell –
Where you fit in Shell Trading and Supply(T&S) is the world’s largest energy trading business and operates in every major energy market around the world. It supports the Shell group businesses by trading natural gas, electrical power, crude oil, refined products, biofuels, chemical feedstocks, freight, and environmental products. Shell Trading and Supply also manages one of the world’s largest fleets of liquefied natural gas carriers and oil tankers and provides maritime expertise and logistics to Shell companies and external customers. Our aim is to create value for Shell’s shareholders, customers and counterparties across the globe by forging successful partnerships that generate mutually beneficial commercial opportunities. What’s the role? As Oil Credit Analyst, you are responsible in supporting delivery of risk management within the Global Trading & Supply Credit organization for all tactical credit matters to deliver best-in-class credit support to the T&S Oil business. This will include investigating, understanding and managing the complex T&S control framework that governs commercial fuels/financial trading in respect to credit accountabilities and working with colleagues in the global operational excellence teams – Receivables, SARP, Structured Finance and Underwriting & Ops, in addition to colleagues in the Singapore and Houston Trading & Supply Commercial Credit teams. The team is also responsible for the efficient and effective management of credit risk including development of appropriate strategies in cooperation with Business partners and customer portfolio management and analysis. Ensure effective and efficient operational and tactical management, striving for operational excellence. Accountable for building strong relationships with key stakeholders including General Managers, Regional Team Leads and individual traders for multiple Line of Businesses with regards to sign off on operational credit strategies and execution, up to and including ensuring the translation of risk appetite into credit (risk taking) decisions. You will also support the European Oil Credit Manager who retains ultimate accountability to the Global Commercial Credit Manager for these activities. Support people development and best practice knowledge sharing throughout the Global Trading & Supply Credit organization. What we need from you? We’re keen to hear from individuals who have the following: • Demonstrate ability to withstand intense pressure and pushback from commercial stakeholders, Sales Managers, Shared accounts (Retails, Lubes including Marine Lube, Manufacturing, Aviation), who may have different personal drivers, as well as the ability to make decisions (or recommend positions for senior management) in extremely short timeframes and to explain the rationale for such decisions in a robust and convincing manner. • Strong levels of level headed decision making, and involves maximising commercial opportunities where credit can play a part in delivering strong margins whilst taking acceptable credit risks. This will require creating very good working relationships with the local Sales Teams. • Ability to meet with customers to discuss a range of issues (credit risk, cash flow, and growth potential) while maintaining a solid relationship. Managing Credit activities in highly volatile situations and must be adaptable and have an excellent understanding of risk, and how external conditions can affect the business. • Win the respect of senior commercial stakeholders by demonstrating a firm grasp of the key commercial considerations as well as an ability to weigh up and decide on the trade-offs involved between profit and credit risk. • Workload experiences inevitable peaks and troughs, which will mean some periods of extremely high workload (in addition to other periods, where this individual may support other areas as required by the broader team). • Ability to give enthusiastic and vocal support to the Trading & Supply Credit organisational changes, the benefits of which will in many cases be felt in the longer term, while continuing to meet the ongoing needs to the global T&S businesses in the immediate term. In particular, it will be important to reach out to share knowledge and experience with colleagues based in other T&S Hubs and SBOs. • Ability to understand the complex mix of T&S credit management systems currently deployed across the global credit organisation, and the interaction of these systems with the underlying trading systems (e.g. Energy Credit, DCS/FCS, DEX, DebiTEX), and contribute perspectives towards a long-term strategy to harmonise or otherwise derive the optimal outcome in terms of senior management reporting and day-to-day operational functionality for the credit team members themselves. • Capable in effectively collaborating in certain activities with the Global Credit Underwriting, Receivables Management and SARP teams, while retaining ultimate accountability for all relationships. Work effectively with other parts of finance, especially the Finance Managers, Finance Operations and other Risk and Compliance teams, such that Credit is perceived by Commercial as part of a coherent “finance voice”. COMPANY DESCRIPTION Shell started operations in the United Kingdom more than 110 years ago. Since then we have grown into a leading innovative oil and gas company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation, and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors. An innovative place to work There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change. Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently. An inclusive place to work To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential… • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply and we’ll take it from there. • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology. • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity. • We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application. A rewarding place to work Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice. We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.
About the Company
Company: Shell –
Company Location: London