Lock Applications for this job are now closed
Closing soon

At World Fuel Services, our employees are the key to our global success. We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team.

Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.

Credit Analyst

This role will be responsible for analysing and evaluating the risk involved in extending credit to potential and existing customers in the Marine segment. The primary focus of the role will be concerned with the analysis of data, recommending credit limits, and making informed decisions on live credit requests.

Location: UK based (Remote) with the expectation of attending Marine Credit Team visits to the Canary Wharf office 1-2 times per month.

Key duties and responsibilities

  • Perform credit reviews on new and existing customers to recommend credit limits and terms for Credit Committee consideration.
  • Control and administer the credit process from credit submission to approval and subsequently activation/updating accounts.
  • Make sound decisions on credit approvals within the assigned Designation of Authority.
  • Ability to monitor delivered exposures in the Marine portfolio, review lines in response to market changes and as the credit policy dictates.
  • Ensure proper internal controls and compliance with policies and procedures.
  • Creating/preparing various reports for management and provide credit support to commercial teams.
  • Maintaining/updating credit files in paper and electronic form as required.
  • Close monitoring of key freight and commodity market fundamentals as part of developing knowledge of counterparties and the sectors that they operate in.
  • Work and cooperate closely with the rest of the Marine Credit team globally.
  • Other ad-hoc tasks as assigned from time to time.

Person specification

This role is best suited for someone with previous working experience in a similar role or a graduate with an applicable degree, a genuine interest in commodities and a get-up-and-go attitude.

We will equip the successful candidate with the working knowledge of commodity trading and the international freight markets, enabling them to advance their career in whichever segment attracts their interest. Marine Credit requires a strong grasp of commodity fundamentals and analytical ability and does not focus solely on the analysis of financial statements.

Essential skills

  • University degree, preferably Accounting, Economics, Finance or Business related.
  • A good understanding of basic accounting principles (e.g. P&Ls, balance sheets).
  • A strong interest in global commodity and freight markets.
  • Excellent analytical and numerical capabilities.
  • A strong eye for detail.
  • Excellent written and oral skills.
  • Proactive, out-going, self-motivated and able to work under tight deadlines.
  • Excellent computer software skills (Microsoft Office suite).
  • A team player, with good interpersonal skills and at ease working in multi-cultural environments.
  • Resourceful and at ease with multi-tasking.
  • Resilient to working under often time sensitive conditions.

Highly desirable

  • Understanding of the shipping industry and its main markets.
  • Previous experience working in the maritime/commodity sector is advantageous, but not essential.

Please note that by submitting an employment application you consent to World Fuel Services processing your information for this role and potentially for future employment opportunities, in accordance with applicable laws.