Company Description
MET Groupis an integrated European energy company, headquartered in Switzerland, with activities in natural gas and power, focused on multi-commodity wholesale, trading and sales, as well as energy infrastructure and industrial assets.
MET Groupis represented in 15 countries, with 900+ permanent staff in Austria, Bulgaria, Croatia, France, Germany, Hungary, Italy, Romania, Serbia, Singapore, Slovakia, Spain, Switzerland, Turkey and Ukraine.
METGroupis present in 30 national gas markets and 22 international trading hubs. The Group has a significant end-consumer presence in Croatia, Italy, Hungary, Romania, Slovakia, and Spain.
METGroupis owned 90% by MET employees and 10% by Keppel Infrastructure, a wholly owned subsidiary ofKeppel Corporation*.
Job Description
The credit risk analyst ensures that the appropriate credit risk is taken by assessing the financial strength of the counterparties and recommending credit risk limits. The role includes in-depth analysis of the creditworthiness of a diverse portfolio of large corporate and SME institutions. The Credit Risk Analyst is responsible for the entire process from the initiation of the proposal, through the assessment of credit risk, to the setting of credit risk limits and the ongoing monitoring of a portfolio. By joining the organisation, the right candidate will actively participate and contribute to the successful development of MET Group.
- Assessing the risk and financial strength of partners by carrying out qualitative and quantitative analyses.
- Perform credit risk analyses to determine the acceptable level of credit risk exposure. Providing clear and concise credit recommendations to decision makers.
- Monitoring credit risk exposure and utilisation of credit risk limits. Anticipate and actively remedy credit risk breaches by proposing and implementing action plans.
- Proposing collateral (incoming and outgoing), such as corporate guarantees, bank guarantees, credit insurance, cash deposits and advances or any other collateral.
- Management of credit insurance contracts. Ensure that insurance limits are up to date and premiums are calculated accurately. Provide reporting required for monthly returns.
- Active liaison with Front, Middle, Back Office and other support functions. Develop key interactions with colleagues and industry peers.
- Assist in the preparation of daily, weekly and monthly reports
Qualifications
- 2 to 4 years of credit risk experience
- University degree in Finance, Economics, Accounting or Business Administration
- Understanding of key risk management solutions
- Hungarian mother tounge and fluent in English
- Proficiency in Microsoft Office (Excel, Word, PowerPoint)
- Solid problem-solving and analytical skills
- Passionate about the energy sector
- Ability to work in a fast-paced environment
Additional Information
What we offer you:
- A responsible and varied job
- An enthusiastic team with dynamic colleagues who are eager to develop
- Competitive salary, cafeteria and other benefits
- Modern office environment in Buda, in one of the newest and fastest developing neighbourhoods
- Company experience and health programmes on a permanent or periodic basis, and the opportunity to participate in joint team events
What We Do
MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 15 countries through subsidiaries, 30 national gas markets, and 22 international trading hubs. MET has extensive experience in operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition. In 2022, MET Group’s consolidated sales revenue amounted to EUR 41.5 billion, with a total traded volume of natural gas amounting to 109 BCM and total traded electricity of 67 TWh. MET Group's 900+ employees come from 50 different countries.