Senior Specialist for Credit Risk Assessment
Shell
Manila
2d ago

Purpose

Being part of the Global Credit Underwriting & Operations Team (Houston, London, Singapore and Manila) reporting directly to the Underwriting Senior Team Manager, undertaking Credit Activities in support of all T&S entities, including :

  • Being the subject matter expert for LNG business and deputy lead for East Trading UW
  • Credit Assessing global counterparties cross sector, specifically performing robust quantitative and qualitative analysis of the counterparty Shell trades with to recommend Credit Ratings, Credit Limits and terms as well as working with our onshore colleagues in London, Singapore and Houston to ensure consistency.
  • Maintain and develop detailed understanding of current Credit Rating Models, specifically S&P Capital IQ and Moody’s Risk Calc used by the Global Underwriting Team.
  • Maintain an external focus on the macro and micro environment and engage key stakeholders both onshore and offshore when necessary with proactive advice and solutions.
  • Regular Credit Operations, specifically respective to the credit limit entry in the systems, ensuring data integrity is an important part of the Trading & Supply Credit.
  • Accountabilities

    Act as the day to day interface with the onshore and offshore credit teams, commercial and financial stakeholders to support and advise on the Credit Risk posed by counterparties delivered through the Credit Assessment process and data integrity 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 on-boarding and ongoing maintenance process.
  • Evaluation of new counterparties and re-evaluation of existing counterparties the core part of the role includes performing Risk Assessment of new and existing customers achieved through assessment and analysis of Business Model i.
  • e. Competitive Positioning, financial performance and inherent macro and sovereign risks to determine appropriate Credit Rating and Credit Limit.

  • Identify and analyse sector and macro issues which might pose a risk to the T&S portfolio, providing recommendations and courses of action to key stakeholders and where appropriate.
  • Data Integrity Update and maintain the relevant Credit & Trading systems through the Credit Assessment life cycle, in particular updating new Credit Ratings and Open Credit Lines and communicating the outcome of assessments to relevant stakeholders, notably the Commercial Credit Managers and the T&S commercial business here.
  • Take responsibility for ad hoc requests and on occasions higher risk Credit Risk Assessments typically assigned by onshore underwriting teams, including :
  • Quantitative and qualitative evaluation of respective counterparties, with respect to historic and forecast metrics and all other information available to T&S Credit, resulting in the recommended Credit Terms (e.
  • g. secured / unsecured, amount of open Credit Line) on which the STn business should trade with the specific counterparty here.

  • Liaise with respective stakeholders to deliver respective Credit advice and answer any queries or concerns.
  • Support respective Credit Members in delivery of Credit Assessment at Credit Committee or other forums where approval is required at this level.
  • Perform ongoing (often daily) Credit Operational activities across all systems, ensuring data integrity
  • Coaching more junior members of the team and helping support our colleagues in the global underwriting locations
  • Dimensions

  • The STn is fast moving and is 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 with questionable Credit Quality.
  • This coupled with a generally Credit adverse macro environment makes it increasing 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 ability to work under pressure, working to tight deadlines and juggling a number of different items.
  • Strong stakeholder engagement and management skills, the ability to communicate complicated ideas in a clear and uncomplicated fashion and build long-term relationships across all credit locations.
  • Strong financial acumen - comfortable working with and assessing an counterparties Financials i.e. Income statement, Balance Sheet and cash Flow Statement
  • Clear attention to detail and passion for continued learning is essential so as to support the Credit Assessment process and provide critical analysis on the Shell Trading & Supply customers.
  • Ideally, would have relevant finance experience with specific focus in Credit or prior work experience in the corporate sector, especially within a Trading or Credit team.
  • Remain open to different perspectives (i.e. from other businesses & locations) and be able to switch priorities at short notice.
  • Demonstrate ability to coach junior team members and take ownership and deliver on specific projects.
  • Experience in working in a global organisation and in a virtual working environment
  • Experience or knowledge of Downstream lines businesses and receivables management is an advantage
  • Mandarin proficiency is an advantage
  • Start Something Remarkable

    Shell Business Operations (SBO) Manila is focused on driving excellent corporate performance in Finance, Human Resource, Customer Service, Order-to-Delivery, and Contracting and Procurement.

    We enable Shell to operate in a global-competitive and ever-changing business environment.

    A career in Shell will offer you remarkable opportunities for growth, true experience across different business areas and the tools you need to discover and develop your skills within the energy industry.

    We’re looking for qualified individuals with the drive to create significant business impact, as well as to collaborate with a team of professionals with diverse backgrounds.

    If you are a great team player, possess superior communication skills and problem solving abilities, join us and see the impact that you can make across our global business.

    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.

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