Credit Risk Manager (Commodities)

X4 Technology; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

X4 Technology is seeking an experienced Credit Risk Manager to join its London-based trading operation. You will lead the credit function, shaping terms and monitoring the portfolio across a global team, while partnering with commercial units to balance risk and growth.

Based in London with a hybrid schedule (3 days in the office), you will drive data-driven improvements, implement automation, and mentor a lean team of credit analysts to deliver high-quality risk decisions in a fast-moving

Qualifications

• Significant credit risk experience within a commodity trading house, energy trader, or utility.
• Strong knowledge across oil, gas, power, LNG and/or metals.
• Track record of leading analysts with a hands-on style for a lean team.
• Experience improving processes, introducing new tools or using data/AI to increase efficiency.
• Excellent stakeholder engagement across regions and time zones.

Responsibilities

• Assess and approve credit exposure, with appropriate limits and mitigants.
• Manage, coach and grow a team of Credit Analysts in London.
• Partner with commercial teams to balance deal flow with risk appetite.
• Shape credit terms and security on physical and derivative trades with Legal.
• Own portfolio monitoring and drive analytics improvements across a global team.

Skills

Credit risk

Team leadership

Stakeholder engagement

Data/AI in risk

Change management

Job description

Comp: Very strong

X4 are partnered with a well-backed, globally expanding commodities trading firm to appoint an experienced Credit Risk Manager into a high-impact position at the centre of their international trading operation.

Key focuses are building out credit coverage for a rapidly growing UK trading and origination book, helping bring a newly expanding international team into the global framework, and modernising how the function works through data, automation and better tooling.

You’ll be the senior credit voice in London; with genuine sign-off authority, a small team to build and develop, and a strong say in how the function evolves.

Responsibilities for the Credit Risk Manager

• Assess and approve credit exposure across a diverse counterparty base - ratings, limits, tenors and mitigants - escalating larger or more complex decisions where needed
• Manage, coach and grow a team of Credit Analysts, setting the standard for the quality and pace of credit work in London
• Act as a trusted partner to the commercial teams, finding workable structures that balance deal flow with sensible risk appetite
• Shape credit terms and security packages on physical and derivative trades, working hand in hand with Legal
• Own portfolio monitoring and management reporting, while driving process, systems and analytics improvements across a globally connected team

Requirements for the Credit Risk Manager

• Significant credit risk experience gained within a commodity trading house, energy trader, or utility
• Strong functional knowledge across a combination of oil, gas, power, LNG and/or metals
• A track record of leading analysts, with a hands‑on style that suits a lean, high‑ownership team
• Appetite for change - experience improving processes, introducing new tools or using data/AI to make credit more efficient
• Excellent stakeholder engagement - comfortable with both technical and non-technical audiences, ideally across regions and time zones

Having supported this organisation’s growth over the last 3+ years, we can confidently say this is one of the most exciting credit opportunities we’ve brought to market. The package is very competitive, with flexibility to secure the right person for a pivotal role.

It’s based in London on a hybrid basis (3 days per week in the office), with interviews being lined up from w/c 12th October.