Credit Risk Analyst, US

• Credit & Loan

• Full Time

  Employment Type

• Non-Executive

  Experience Level

• Graduate Diploma

  Education Level

• United States | Closing On 18 Oct 2026

  Country

• Hybrid

  Working Arrangement

About Us

About the Company

The JERA Global Markets Group (JERAGM) is a leading utility-backed energy trader specialising in LNG, power, coal and freight.

As JERA's exclusive trading and optimisation platform for majority shareholder, JERAGM operates one of the most exciting energy portfolios in the world, which gives it an in-depth understanding of the way local, regional and international energy markets behave. This expertise enables us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.

Headquartered in Singapore, JERAGM has a global talent pool of about 400 people across offices located in five strategic locations: Singapore, the UK (London), Japan (Tokyo), the US (Houston) and Australia (Brisbane).

Job Description

Position Description

This role forms part of JERA's growing North American Gas Trading business, which is expected to transition onto JERAGM's trading platform. This business is wholly owned by JERA Co., Inc. and will focus on US natural gas trading, optimisation and market development across North America. Successful candidates will join during the build-out phase ahead of the business's planned operational launch.

Within JERAGM's US business, the Credit function is responsible for all aspects of credit risk management including pre-deal counterparty assessments, contractual and credit support negotiations, portfolio credit exposure management (including mitigation), default probability assessments, and credit risk capital assessments.

As a global trading business, JERAGM has counterparty exposure in Asia, EMEA, the U.S., and Latin America. The quality of our counterparties ranges from large, listed utilities and global trading companies to small single ship owning organisations. Trading relationships range from bilateral commodity sales and purchases to complex structured transactions with SPVs (IPPs for example).

The current position will be located in Houston office. The Analyst, Credit Risk in Houston office will report into the Manager, Credit Risk in Houston office.

Key Role Responsibilities

As part of the Credit team, the Analyst, Credit Risk will be responsible for:

• Counterparty Credit Assessment: Conduct credit analyses on new and existing counterparties to identify key risks, recommend internal credit ratings, propose credit limits and structures, and advise on contractual credit terms.

• Exposure Assessment and Collaboration: Work closely with the JERAGM Quantitative Credit Analysts to ensure Potential Future Exposure (PFE) of both new and existing transactions is understood and incorporated into credit assessments.

• KYC & Compliance Support: Assist KYC and Compliance Analysts as they perform Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, supporting them as they ensure compliance with the firm's policies and regulatory requirements, and collaborating on the onboarding of new and review of existing counterparties in the credit risk system (Cube Logic).

• Stakeholder Engagement: Maintain close working relationships with a) Front Office teams to align commercial objectives with credit risk considerations as well as b) other Risk, Support and IT Functions to support daily operations.

• Daily Monitoring of Credit Exposure: Monitor and report daily counterparty credit exposures to ensure trading activities remain within approved credit limits and aligned with internal risk guidelines.

• Key Risk Indicator Reporting: Support the Credit team in preparing and delivering Key Risk Indicators (KRIs) and other risk reports on an ad hoc basis.

• Agreement and Credit Support Negotiation: Support the Credit and Legal teams in the negotiation of credit terms and covenants in commodity trading agreement as well as credit supports in collaboration with the GMA Front Office teams;

• Market and Sector Surveillance: Regularly review assigned sectors and regions to identify credit-relevant events or emerging risks and recommend appropriate mitigation actions.

• Credit System Maintenance: Ensure the credit risk system (Cube Logic) is kept up to date with accurate data and support ongoing data quality assurance processes.

• Project and Process Improvement Support: Contribute to credit risk transformation initiatives, process enhancements, and system improvements as directed by the Credit Risk Managers in GMA and/or Senior Manager, Credit Risk in JERAGM.

Qualifications

Key Qualifications and Experience

Experience

• 3 to 7 years' experience in credit, risk management, or financial analysis within a trading firm, bank, or ratings agency is desirable.

• Exposure to commodities markets, energy products (onshore US gas and power), or shipping (coal, LNG, freight) is a plus but not required - training will be provided.

• Experience supporting or leading the negotiation of credit-related clauses and contractual documentation (e.g. ISDA, SCoTA, MSPA) is highly desirable but training will be provided.

Technical

• Degree-qualified or equivalent professional certification in finance, economics, business, or a related discipline.

• Financial, qualitative, and credit analysis capabilities, with the ability to interpret financial statements and assess counterparty risk.

• Familiarity with energy markets, especially US onshore gas, US power, coal, LNG, and freight.

• Proficiency in English - both written and spoken - is essential; additional language fluency is a strong plus.

• Familiarity with credit risk systems such as Cube Logic, as well as tools like Excel PivotTables, is a plus.

• Basic understanding of data tools such as S&P Capital IQ, Python, and Power BI is an advantage and encouraged for future development.

Person Specification

• Organised, accountable and dependable;

• Critical thinking and problem-solving mindset; able to assess qualitative and quantitative risk drivers.

• Capable to work autonomously is important but also to function as part of a team;

• Collaborative and team-oriented approach is required as well as willingness to learn from peers and contribute to team goals.

• Comfortable working under pressure and meeting deadlines in a dynamic, fast-paced environment.

• Able to operate in a complex environment of often conflicting pressures;

• Confident personality with the ability to communicate and write effectively as well as interact with a variety of GMA and JERAGM functions and external counterparts;

• Attention to detail and the ability to work logically, consistently, and accurately;

• Computer literate, numerate, and comfortable handling varied and complex data sets;

Role Opportunity

This role offers an excellent opportunity to lead, and further apply and develop skills and responsibility within a growing and successful commodity trading business.

Posted On 20 Jul 2026