Specialist - T&S Credit Underwriting

Business unit: Finance

Whats the role

This role encompasses a wide range of tasks and covers the majority of business lines with which Shell is involved in e.g., Commercial Products, Supply and Distribution, Crude & Products, 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.

Being part of a team of Credit Underwriters, who undertake all regular (often daily) Credit Activities including:

Credit New Assessments, 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.

What youll be doing

• Act as the day-to-day interface with the Global 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 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:
• Evaluation of new and existing counterparties the core part of the role includes performing Risk Assessment of 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).
• 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.
• Monitor and assess counterparties on an ad hoc basis as requested by the relevant global underwriting team.
• Data Integrity Update and maintain the relevant Credit 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 commercial business.
• Perform ongoing (often daily) Credit Operational activities which include but not limited to:
• Effective operation of regular data integrity control, which aligns all system data with the relevant credit data, approved within each credit assessment.
• Contracting matters ad hoc queries on contracts and securities including liaison with Relevant Credit Managers.
• Support the Commercial Business - Provide interpretation of credit policy and guide the businesses on the principles of sound credit management. 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.

What you bring

• At least 5 to 10 years of working experience
• Bachelors Degree or equivalent
• Strong financial analysis skills
• Credit risk assessment expertise
• Understanding of macroeconomic and sectoral risks
• Data integrity and system proficiency
• Relevant finance or credit experience
• Experience in global or virtual teams
• Stakeholder engagement
• Attention to detail
• Decision-making under pressure
• Coaching and leadership
• Nice to have: Experience with trading systems or knowledge of the energy or commodities trading sector.