Credit Risk Manager

China Aviation Oil (Singapore) Corporation Limited; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

China Aviation Oil (Singapore) Corporation Ltd (CAO) is the leading physical jet fuel trader in Asia Pacific, headquartered in Singapore with global hubs. We seek a Credit Risk professional to evaluate counterparties, monitor exposures, and implement risk mitigations to safeguard financial interests and compliance with approved frameworks.

You will assist the Head of Risk Management to optimize risk systems, standardize processes, and oversee risk control for subsidiaries.

Qualifications

• Solid background in credit risk assessment for commodity trading.
• Strong decision-making capabilities in credit approvals.
• Fluent English with Mandarin proficiency for cross-board communications.
• Excellent interpersonal and communication skills across departments.
• Proactive team player able to work with external vendors and internal teams.

Responsibilities

• Support Head of Risk Management to optimize the risk framework and analytics.
• Monitor credit exposure and implement risk mitigations for trading counterparties.
• Recommend credit terms, limits, and risk controls for approvals by senior management.
• Manage credit limits and insurance coverage; monitor high-risk counterparties.
• Report on credit status, delinquencies, and market developments to senior management.

Skills

Credit risk assessment

Decision-making

Bilingual English/Mandarin

Communication

Team collaboration

Education

Bachelor's degree in Business/Economics/Finance

Job description

China Aviation Oil (Singapore) Corporation Ltd (“CAO”) is the largest physical jet fuel trader in Asia Pacific, supplying jet fuel to airlines across Asia, North America, Europe, and the Middle East, with headquarters in Singapore and key hubs worldwide.

Job Summary

Support and enhance the Company’s credit risk management by evaluating counterparties, monitoring credit exposure, and implementing risk mitigation to safeguard financial interests and ensure compliance with approved frameworks.

1. Assist the Head of Risk Management to establish and optimize the Company's riskmanagement system, improve the quality of credit risk analytics, and ensure therisk management processes in the Company are standardized and systematic inaccordance to the company's risk management philosophy;

2. Assist the Head of Risk management to effectively implement and monitor the riskmanagement processes for the subsidiary companies, including formulating andoptimizing the risk control process, regular communication and early warningmechanism for the subsidiaries, implementing centralized credit risk controlfor the subsidiary companies. This include supervision, training and guidancefor the risk control personnel at each subsidiary companies;

3. Responsible for the credit evaluation of the Group’s trading counterparties, and providerecommendations for the credit ratings, credit terms, credit limits and creditrisk mitigation measures of the trading counterparties in accordance with thecredit framework approved by the Board of Directors, for approval by the SeniorManagement;

4. Responsible for the management of trading counterparties' credit limit and creditinsurance, collection of market information, timely deactivation of high risktrading counterparties and reducing redundant credit limit, and strive forfavorable credit insurance coverage limit of the company. Responsible for credit management of LCissuing bank and paper broker list;

5. Responsible for daily monitoring of the credit status of counterparties, timely reporting abnormal situations to relevant departments and Senior Management, and to report on overdue balances,credit insurance and market developments to the Senior Management on a regular basis;

6. Propose effective credit risk mitigation measures when the transaction credit exposure is above the company's risk appetite, and control the credit exposure of all transactions within the riskframework approved by the Company's board of directors and Senior Management;

7. Responsible for liaising with relevant departments to carry out thourough evaluation of counterparty guarantee received by the company or subsidiary, and the follow-up monitoring work ofthese guarantees. This includes financing and non-financing guarantees issued by the Company as well;

8. Understand legal, compliance and market risk related issues involved in the approval of credit;

9. Responsible for maintaining the policy for counterparty guarantee (non-financing), and liaising with the relevant departments to ensure that the policy is up to date;

10. Responsible for liaising with the Parent Company’s legal and risk Control Department (Risk management);

11. Responsible for the review and research, reporting and emergency treatment of major risk events of the Company;

12. Carry out annual risk review and ad-hoc risk assessment of the subsidiaries;

Requirements

1. Bachelor‘s Degree in Business/ Economics/ Finance/ other numerical discipline or equivalent;

2. Min. 5 years’ relevant experience in credit risk management within oil commodities trading or in a similar role;

3. Possesses strong credit risk assessment and decision-making capabilities, particularly in credit approval processes；

4. Demonstrate the following Supply & Trading Competencies:

• Understand the Energy Commodities Trading Industry & External Market (Skillful Application)
• Regulatory Compliance & Assurance (Skillful Application)
• Other Risk Management (Basic Application)- Quantitative & Analytical Skills (Skillful Application)

5. Excellent people skills and communication skills, strong team player with ability to work collaboratively with external vendor, and internal staff in the Trading, Risk Management, Operations and Finance Departments;

6. Good ethics and professional conduct, and with strong sense of responsibility and teamwork spirit;

7. Meticulous, good organisational, time management skills and stress tolerance with proven ability to manage multiple priorities;

8. Effectively bilingual in both English and Mandarin (as the position needs to frequently communicate with English/Chinese speaking associates verbally/ in writing whenever appropriate).