Credit Analyst, ESB Trading

13 hours ago


Dublin, Ireland ESB Full time

Position Description ESB Trading delivers essential asset optimisation services, risk management and wholesale market access to ESB Group and to its third-party customers. ESB Trading is organised into a number of teams comprising Front, Middle (Risk Management) and Back Offices along with Finance, Modelling and Business Support. The Credit and Governance team, part of the Middle Office, independently assesses and reports on credit exposures and delivers an independent governance function to the Trading business. This role will provide an excellent opportunity to be part of a team of risk professionals who oversee the credit and operational risks inherent in ESB Trading's activities in the Irish Power, GB Power, Gas, Coal and Carbon markets. Key Responsibilities We are looking for a candidate with high potential to analyse, report and manage the credit risks within ESB's energy portfolio. The successful candidate will: Develop and update methodologies to support the counterparty approval process and the setting of appropriate credit risk limits Develop analytical approaches to measure the credit risk associated with ESB Trading's trading activity Work with Front Office and Treasury to ensure that the expected collateral requirements are understood and provided for Provision of effective credit risk reporting in line with ESB's risk control framework and Counterparty & Credit Risk Policy Develop solutions to ensure ESB Trading can effectively respond to new credit requirements in the market Support the DC and NDC auctions and liaise with external counterparties in relation to their credit requirements Work across the credit and governance team as required to ensure that all credit and compliance requirements within ESB Trading are met In addition, the successful candidate will: Pro-actively seek to further develop the capabilities of the credit risk function Report monthly on credit risks to the Risk Management Committee Work closely with other teams in ESB Trading to ensure credit risks are understood and incorporated into hedging decisions are effectively managed Act as liaison with both external and internal stakeholder Play an active role in shaping ESB Trading's activities through provision of insight and constructive challenge Experience and Qualifications Essential Minimum of 5 years relevant work experience A third level qualification with a strong analytical or commercial content or equivalent work experience is required A strong numeric and analytical ability with particular attention to detail Good decision making capability Responds to change within a fast changing business environment Strong interpersonal and communication skills Team Player Proven ability to work on own initiative and deliver results to strict deadlines. An analytical ability with attention to detail Desirable An understanding of energy markets is desirable but not essential Location This role will be primarily based in ESB Head Office, Fitzwilliam 27, Dublin. ESB is committed to smart working - combining digital tools with a culture of trust and empowerment to enable flexible ways of working. The successful candidate may work flexibly within their jurisdiction with attendance at the workplace for in-person collaboration on at least one anchor day per week. All smart working arrangements are subject to manager approval and ongoing review, based on the operational requirements of the role, the team, and the individual. Reporting To The successful candidate will report to the Credit, Governance Manager and Financial Regulation Manager, ESB Trading. Why Work with Us? Opportunity to lead Ireland's transition tonet zero carbon future Progressive, hybrid working model Career developmentthrough mentoring andtraining Corporate Social Responsibility Opportunities Sports and Social Clubs Networking opportunities Credit Union Generous Pension Access to staff well-being programmes Generous parental leave entitlements Strong values-based and inclusive culture Strong commitment to diversity, equity and inclusion Great team environment working to our Core Values: Courageous, Caring, Driven and Trusted Salary €57,950 to €68,150 per annum Closing Date 12th February 2025 Note: Applicants who anticipate requiring assistance or reasonable accommodations for any part of the application or interview process may contact, in confidence, To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process click the Continue to Application or Login/Register to apply button below.



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