BUNKER JOBS: Peninsula Seeks Credit Analyst in Athens

The company is looking for candidates with at least two years of experience in an analytical role in shipping, commodities or energy. Image Credit: Peninsula

Global marine fuel supplier and trading firm Peninsula is seeking to hire a credit analyst in Athens.

The company is looking for candidates with at least two years of experience in an analytical role in shipping, commodities or energy, it said in a job advertisement on Friday.

The advertisement lists the following responsibilities for the role:

• Monitor daily credit requests and help maintain the company's credit exposure within the framework of the company's risk appetite.
• Ensure that credit reviews are using all relevant research, investigation methods and available data to provide justification/explanation for credit recommendations and decisions.
• Through continued liaison with traders globally help to promote and encourage credit awareness throughout the company; monitor and enforce the company's credit risk policies with the objective of achieving 'zero bad debt'.
• Monitor company's overdue ledger and follow-up with traders to ensure overdue payments are settled promptly; identify potential bad debt and work in collaboration with the Legal team to recover payment.
• Monitor company's credit insurance portfolio and continue working with insurance underwriters to ensure maximum coverage.
• Ensure credit procedures and trades are compliant with company's sanctions policy.
• Ensure that all credit-related aspects of CRM database are accurately maintained.
• Continue towards improving the process and procedures of the department to optimise output and maximise efficiency.
• Work in close co-operation with the traders and Finance team to optimise margins on deals.
• Proactively engage with Front, Middle and Back offices functions and other key stakeholders to resolve credit related issues.
• Perform ad hoc research and analysis work where required.
• Proactively monitor and report on market and other developments impacting counterparties in the assigned region.
• Continue to build up a network of contacts within the industry.

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