Credit and Risk Control Manager

Requisition ID: R000070184, Job Location: Singapore - Duo Tower

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Responsibilities for this position include but are not limited to:

• Oversee credit risk policies, procedures, and limits, including extended payment terms approval as needed and understand drivers and profitability.
• Partner with S&T Origination and traders including LNG contracts on complex transactions to ensure we keep desired risk profile on counterparties and regions.
• Liaise with external counterparties and banks to support credit solutions for S&T.
• Identify and implement process efficiencies and drive offshoring to Global Business Services centers.

• Provide expert market risk process stewardship for the team and ensure global alignment as appropriate. Participate and lead market risk initiatives, overall direction setting and department-wide initiatives to address key business issues. Engage global stakeholders on systems, processes, and capabilities to align on priorities for improvement. Monitor and improve business support capability and ensure that market risk exposures and positions are reported timely and accurately against delegated trading authority limits.
• Builds collaborative relationships across the business to determine desired risk management strategies and manage market risk exposure accordingly.
• Provide advice on the financial risk impact of new trading strategies and activities.
• Oversee daily market risk reports including VaR and P&L (critical control measure), forward price curve validation and trade exception review processes.
• Provides guidance to S&T on commodity-related transactional authority delegations, and ensure risk policies are communicated and followed.
• Work with the front, mid, and back-office staff to ensure accurate and timely trade data is reconciled between the general ledger and the Trade Capture systems.

• Maintains functional alignment and partnership between global C&RC and S&T.
• Stay abreast of regional trading compliance rules changes to support broader C&RC organization.

• Management responsibilities for supervising 9 direct reports split between Credit and Risk Control.
• Participates in setting strategic staffing, employee development, and personnel administration policies of the C&RC function.
• Active leader of the global S&T C&RC leadership team; provide direction / influence standardization and best practice of risk control processes and practices to drive global consistency, increased efficiency, simplification, and continual improvement.
• Regular engagements with regional S&T management and stakeholders including IT to enforce / implement S&T trading policies, identify and resolve systems and pricing issues to remove barriers.

Required Skills and Qualifications:

• Academic: Bachelors’ degree in Finance, Economics, Mathematics, Statistics, Science, Engineering or equivalent work experience in a commodity trading environment; advanced degrees a plus.
• 10+ years of relevant experience working in financial or energy risk management with a strong understanding of commodity trading, preferably in LNG, crude, gas and refined products markets.
• Supervisory experience.
• Strong understanding of commodity risk management, including derivatives, physical markets, trading cycle and risk metrics (e.g., VaR, Stop Loss, Position Limits).
• Handle multiple job responsibilities, set priorities, maintain a high level of accomplishment and implement process improvements.
• Critical thinker, ability to synthesize and communicate complex risk concepts and recommendations in a clear, logical manner to traders and management.
• Strong leadership and interpersonal skills, including communication, teamwork, stakeholder and conflict management, drive changes as needed.
• Work proficiently and collaboratively in a fast-paced, open-concept trading floor environment.
• Demonstrate inclusive and collaborative work behaviors.

Preferred Qualifications:

• Proficiency/prior experience with energy trading risk management (ETRM) software platform (e.g. Endur, SRA).
• Experience in managing credit risk and exposure.
• Proficient in risk analytics tools, e.g. VaR risk engines, financial market and credit risk analysis tools (Bloomberg, S&P CapIQ or RatingsDirect, Moody’s, etc.)