Company Description

A fast-growing international commodity trading company with a strong presence in the energy sector is seeking a Credit Risk Manager. The organization operates across global markets, offering tailored supply solutions, optimizing energy portfolios, and managing trading activities across various commodity lines, including gas, power, and LNG. The company is committed to innovation, sustainability, and long-term growth, including substantial investment in renewable energy assets.

Key Responsibilities

• Perform detailed credit risk assessments on both new and existing counterparties within the trading portfolio.

• Produce and present in-depth credit analyses and submit well-founded recommendations to internal decision-makers.

• Maintain accurate and up-to-date credit risk metrics, including internal ratings, probability of default, and exposure limits.

• Monitor real-time credit exposures and ensure adherence to defined credit limits to mitigate the risk of financial losses.

• Act promptly in cases of limit breaches by proposing and implementing corrective actions.

• Ensure compliance with internal credit risk policies and contribute to the ongoing enhancement of risk management frameworks.

• Structure, propose, and negotiate appropriate credit support tools such as bank guarantees, corporate guarantees, prepayments, and cash collateral.

• Oversee credit insurance coverage, ensuring that insurance limits are current and premium calculations are accurate; manage monthly insurance declarations and related reporting.

• Support the negotiation and administration of trading and collateral agreements (e.g., EFETs, ISDAs, and CSAs).

• Collaborate closely with teams across Front Office, Middle Office, Back Office, Legal, and Risk to support the entire trade lifecycle.

• Contribute to the preparation of daily, weekly, and monthly credit risk reports for internal stakeholders.

• Maintain the Credit Risk Management System by ensuring all data entries related to counterparties, limits, and ratings are accurate and timely.

• Support commercial teams in resolving payment issues and recovery efforts involving distressed or high-risk counterparties.

• Participate in cross-functional projects and provide support for ad hoc risk-related initiatives and process improvements.

Qualifications

• Bachelor’s degree (or equivalent) in Finance, Business, Accounting, or a related discipline.

• 3–5 years of experience in credit risk management, preferably within the energy or commodities trading sector or a large financial institution.

• Strong understanding of credit and risk management principles, especially in a trading or structured finance context.

• Proficiency in English is required; additional languages are considered an asset.

• Strong analytical and organizational skills with excellent attention to detail.

• Ability to thrive in a dynamic, fast-paced, and multicultural environment.

• Excellent written and verbal communication skills and confidence engaging with stakeholders at all levels.