Job Description : Purpose
Being part of a team of Trading & Supply Credit Analysts, who undertake all regular (often daily) Credit Activities primarily in support of all T&S entities, including :
Credit Re-Assessments and ad hoc credit assessment requests, specifically performing robust quantitative and qualitative analysis of the counterparties Shell trades with to confirm and recommend Credit Ratings, Credit Limits and terms.
Regular Credit Operations, specifically system updates and Credit Advice. Operations are an important part of the Trading & Supply Credit function requiring specialist, fast and dependable service to avoid downside risk, support the deal lifecycle and ensure it operates within the Credit control framework.
This team will become the future fourth office, which will be part of the Global Credit Underwriting & Operations Team (Houston, London, Singapore and Manila) and one of four global teams in the Global Trading & Supply organisation that is focused on instilling operational excellence.
This role encompasses a wide range of tasks and covers the majority of business lines with which Shell is involved in e.
g. Crude & Products, Gas & Power, Marine etc. It therefore offers real variety and an opportunity to impact commercial outcomes.
We are seeking an individual to join the team that can think creatively, has a passion to understand and critically assess the businesses with which Shell trades with through an understanding of the macro environment and is ready to bring ideas for continuous improvement.
Act as the day to day interface with the Global Trading Credit team, commercial and financial stakeholders to support and advise on the Credit Risk posed by counterparties delivered through the Credit Assessment process and performing Operational tasks relevant to the Trading & Supply Credit function.
Tasks will include but not be limited to :
Conduct all Credit Activities as part of the underwriting’ / customer / counterparty ongoing maintenance process for all trading & marketing businesses globally. These include :
e. Competitive Positioning, financial performance and inherent macro and sovereign risks to determine appropriate Credit Rating and Credit Limit).
Specific focus on higher risk (i.e. credit limits above $50m and low investment grade, non-investment grade, or unrated status) counterparties who require more comprehensive assessments and high levels of approval from senior leaders in the organization.
Perform ongoing (often daily) Credit Operational activities which include but not limited to :
Keep up-to-date on issues within the businesses by having close relationships with the sales managers and reading information from industry sources.
Coaching more junior members of the team and helping support our colleagues across all STn Offices.
The Shell Trading Network is fast moving and growing rapidly. The Trading & Supply business is becoming increasingly complex with a changing macro-environment and with a shift in global supply-demand Shell Trading & Supply is seeking to do business in riskier Emerging Market countries and with entities that have questionable Credit Quality.
This coupled with a generally Credit adverse macro environment makes it increasingly important that we review counterparties with a critical eye and provide robust and thorough Credit Assessments to justify decisions made.
Transactions being entered into are also of increasing number, complexity and tenor. The recent past has seen a strong rise in the number of derivative transactions.
Furthermore, asset based trading strategies are also growing strongly, employing more working capital and introducing increased levels of risk and resource consumption.
All of which lead to the need for strong controls and an Operations team that is resilient, nimble and detail oriented
The role will support the following regions and primarily these respective Shell Trading Network companies :
The ability to know when to escalate is essential.
There will inevitably be peaks and troughs in the workload over the course of the year.
Experiences & Qualifications
Calendar : PH
Note : Official start date is targeted by 1 November 2021.