Job Description We are seeking a Senior Credit Analyst responsible for conducting credit limit reviews across all Prax Group entities. This includes ensuring appropriate credit risk mitigation is in place for trading counterparties, setting and managing credit limits, and analysing risks—particularly for larger, uninsured customers.
The role also provides key administrative and analytical support to the Head of Credit Risk and the wider Credit/OTC team. It involves handling open credit risk requests from our global offices in London, Houston, Singapore, and South Africa .
Key Responsibilities
Manage the order release process in line with company policy, ensuring all liabilities are appropriately secured.
Monitor, approve, and report on open account credit limits.
Ensure credit exposure monitoring systems are effective and that all counterparties operate within approved limits across a diverse portfolio, including UK retail, wholesale, and fuel card customers.
Conduct regular credit reviews for global entities, including those in the USA, Singapore, and South Africa.
Assess and approve discretionary limit requests.
Manage credit insurance policies, including the notification of overdue accounts and coordination with insurance brokers to obtain required limits.
Handle administrative aspects of cla...