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Sr. Specialist - T&S Credit Underwriting

Shell

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2-4 Years
a month ago
46 Viewed
0 Applied

Job Description

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:

  • Supporting the Underwriting Senior Team Manager in embedding and evolving the reassessments team.
  • 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.

Note: The role will manage most complex new and reassessment activities and perform L4 approver role for specialists and analysts.

  • 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 higher risk Credit Risk Reassessments, 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

Special Challenges:

  • Maintain good, long-term relationships with counter-parties and other external financial institutions to ensure Shell Trading maintains the right external image and engagements with these bodies results in positive outcomes.
  • Willingness to learn or currently have ability to navigate through various end use trading systems
  • Demonstrate a firm grasp of the key commercial considerations, as well as an ability to weigh up and decide on the risks of each activity. The ability to know when to escalate is essential.
  • Keep connected with the other teams within Credit in all three core locations, to ensure the team understands emerging challenges the location-based teams are facing and can re-prioritize effort as required.
  • Maintain the ability, notwithstanding the transition to a global organisation, to respond immediately and decisively in the event of the known unknowns in the external environment. There will inevitably be peaks and troughs in the workload over the course of the year.

Experiences & Qualifications:

  • Chinese /Mandarin language proficiency
  • min. of 2 years in Underwriting will be required
  • Strong financial acumen - comfortable working with and assessing an counterparties Financials i.e. Income statement, Balance Sheet and cash Flow Statement
  • 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.
  • 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.

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.

Our business has been built on a foundation of innovative technology and skilled employees. By providing energy to sustain people's lives for more than a hundred years, Shell has become one of the world's leading companies.

Join us and you'll be adding your talent and imagination to a business with the ambition to shape the future. At Shell, everyone does their part.

An Inclusive place to work

Shell is working to become one of the most diverse, equitable, and inclusive organizations in the world. We are taking steps to create an environment where everyone from our employees, to our customers, partners, and suppliers feels valued, respected, and has a strong sense of belonging. To achieve this, we must ensure all people are treated fairly, irrespective of their race, color, religion, age, gender, sexual orientation, gender identity, marital status, disability, ethnic origin, nationality, or other status.

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 are nurturing an inclusive environment one where you can express your ideas, extend your skills, and reach your potential.

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.
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