Lng Credit Risk Officer

**About US (GEMS)**:
ENGIE Global Energy Management & Sales (GEMS) provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,300 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertise:

- Asset management
- Energy transition services
- Energy supply & global commodities
- Risk management & market access

At GEMS we encourage breakthrough results, team spirit, curiosity and innovation while preserving the right work/life balance for you.

**Organization**:
**ENGIE Global Energy Management & Sales (GEMS) **provides energy supply solutions and risk management services to support its clients through their decarbonization journey, while optimizing ENGIE’s assets and contributing to value creation.

ENGIE is a global reference in low-carbon energy and services with a leading energy management business, piloted by its entity "Global Energy Management & Sales" who built its savoir-faire managing the Group’s large and diverse asset portfolio over 20+ years.

3,300 employees around the world develop our solutions, through +20 international business platforms. We cover the full energy mix: renewable and thermal power, natural gas & LNG, biomass, environmental products. Our experts provide tailor made solutions based on a wide range of savoir-faire in energy management with a strong focus on decarbonation and decentralization.

Our +120,000 clients span the entire value chain: producers, asset developers, financial players, utilities, distributors and industrials. Our global reach and strong local presence enable us to offer these diverse clients tailor-made services and respond to rapid changes in mature or emerging markets alike.

Our 4 expertise: Asset Management, Energy Transition services, Energy supply & Global commodities and Risk management & Market access.

The Global Biomass & LNG Business Platform is a rapidly growing sector of the company with staff in Asia, Europe, and North America.

**YOUR contribution**:
**Context**
The **Credit Risk** team assesses the creditworthiness of counterparties, participates in the negotiation of commercial contracts, and calibrates credit limits. Assessment is done through an analysis of the country, sector, industry, and counterparty, using financials and other quantitative and qualitative public and private information. Counterparties are frequently private and unrated by agencies. Contract negotiation includes physical energy commodities agreements, and credit terms can include credit-specific clauses, financial covenants, collateral, and payment terms. After signing off on a contract, the Credit Risk team monitors exposure against credit limits. The credit health and financial condition of counterparties is also continuously monitored.

**Role**
As a **LNG Credit Risk Officer, **you will report to the LNG Credit Team Lead and LNG Chief Risk Officer. You will collaborate to the fulfillment of department missions and may be involved in projects spanning multiple groups across commercial functions and staff.

**Key missions**
- Assess creditworthiness of counterparties, assign ratings, and set limits
- Present files and credit requests to regular Credit Risk Committees
- Participate in counterparty relationship development with Front Office, leading the discussions as needed at meetings with counterparties together with Front Office
- Negotiate credit, collateral, and payment terms in contracts in conjunction with Legal and Front Office, such as in physical master agreements
- Monitor credit risk indicators, exposures, limits, and utilization for a portfolio of counterparties.
- Respond to Front Office queries on term sheets and about exposure of potential trades and whether trades fit limits
- Dealing directly with banks and insurers to seek counterparty coverage
- Monitor news and credit events impacting portfolio of counterparties
- Understand risk calculation methodology
- Participate in cross-functional projects
- Assist Credit Team Lead and CR