Senior Credit Risk Officer

Competitive
Permanent
Singapore
23 Jul 2020
BBBH763050

Senior Credit Risk Officer, Oil & Energy Trading

Responsibilities

  • Assess creditworthiness of counterparties, assign ratings, and set limits
  • Present files and credit requests to regular Credit Risk Committees
  • Participate in counterparty relationship development with Front Office
  • Negotiate credit, collateral, and payment terms in contracts in conjunction with Legal and Front Office, including ISDAs and physical master agreements
  • Monitor credit risk indicators, exposures, limits, and utilization for a portfolio of counterparties
  • Respond to Front Office queries about exposure of potential trades and whether trades fit limits
  • Monitor news and credit events impacting portfolio of counterparties
  • Understand risk calculation methodology, interface with Methodology team in Europe
  • Analyse major transactions and present material to Management and Group level committees
  • Develop credit risk frameworks and methodologies for new products and markets
  • Participate in cross-functional projects
  • Assist in developing credit risk policy for APAC, including limits, credit risk appetite, and methodologies for new products and businesses
  • Assist in professional training and development of the Credit Risk Team, including orientation and training for new hires

Requirements

  • 15+ years of relevant experience in Credit Risk positions, ideally at a top-tier physical trading house, Bank work experience a bonus
  • Significant history of producing detailed credit files and assigning internal ratings and limits
  • Minimum a Bachelor's degree Corporate Finance, Accounting, Economics, or equivalent
  • Very familiar with energy commodities markets, products, counterparties, and waterborne physical trade cycle
  • Good knowledge of LC/SBLCs and able to review formats and work with trade finance banks on seeking cover
  • Strong analytical skills (including performing financial analysis) and able to articulate position well
  • Excellent communication skills in English
  • Experience with ISDA and/or commodity physical master agreements, ideally both
  • Ability to work under pressure, self-organize and prioritize tasks, and respond to urgent requests from Front Office
  • Meticulous, independent, and a strong team player
  • Fluency in Mandarin due to the nature of clients

Interested applicants please apply here with your updated CV

Morgan McKinley Pte Ltd, EA License No: 11C5502

Lee Boon Hou (Hagen), Registration No: R1870932

hlee@morganmckinley.com

Hagen Lee - R1870932's picture
Consultant | Operations, Banking & Financial Services
Singapore +65 6818 3140 | hlee@morganmckinley.com