What are the responsibilities and job description for the Credit Risk Analyst position at Repsol?
At Repsol, we are committed to equality and do not request personal information.
We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.
The Risk and Insurance Analyst will be responsible for identifying, analyzing, and managing risks associated with the company's operations in the US. This role involves conducting risk assessments, developing risk management strategies, and ensuring the company has adequate insurance coverage to mitigate potential losses. The ideal candidate will have a strong background in risk management and insurance, with specific experience in the oil and gas industry.
Responsibilities:
- Collaborate with various departments to ensure risk management practices are integrated into all aspects of the company's operations.
- Analyze the financial strength of counterparties (including clients, vendors, and partners), recommend risk limits according to each counterparty’s credit worthiness and obtain appropriate approval.
- Conduct ongoing monitoring of outstanding credit balances and counterparties’ financial position to ensure continued creditworthiness, promptly taking corrective action, if necessary.
- Perform comprehensive risk assessments to identify potential risks and vulnerabilities in the company's operations, providing actionable insights to senior management.
- Aid in gathering and consolidating potential risk data, in collaboration with various business units, and work with brokers for timely completion of insurance applications.
- Coordinate the issuance of certificates of insurance as needed.
- Support the management of surety bond renewals and payments for our various business units
- Perform other duties as may be assigned.
- Stay up-to-date with industry trends and regulatory changes that may impact the company's risk profile.
Qualifications:
- Bachelor's degree in Risk Management, Insurance, Business Administration, or a related field.
- 1-3 years of experience in risk management and insurance, preferably in the oil and gas industry.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficiency in risk management software and tools.
- Ability to work independently and as part of a team.
- Strong attention to detail and organizational skills.
Repsol is an Equal Opportunity Employer M/F/Disability/Veteran
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Required skills:
Job posting end date:
31-03-2025
