Credit Risk Manager

Achieve Group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Achieve Group is seeking a Credit Risk Manager to strengthen its credit risk framework across its trading operations. You will assess counterparty creditworthiness, set and monitor limits, oversee insurance coverage and risk controls, and drive improvements to policies and analytical frameworks.

You will collaborate with regional subsidiaries and cross‑functional teams to ensure effective implementation of credit risk policies, reporting, and escalation when exposures grow or approve actions are

Qualifications

• Bachelor's degree in finance or related field.
• Minimum 5 years in credit risk management within oil/energy trading or related industry.
• Strong analytical, quantitative and decision‑making capabilities.
• Excellent communication and stakeholder management across regional teams.

Responsibilities

• Assess the creditworthiness of trading counterparties and recommend credit ratings, terms, limits and risk mitigation measures.
• Monitor and manage counterparty credit exposures, credit limits and insurance coverage.
• Conduct ongoing credit surveillance, identify risk developments and escalate exposures to senior management.
• Develop and enhance credit risk policies, procedures and analytical frameworks across the Group and subsidiaries.
• Evaluate counterparty guarantees and security arrangements for adequacy and effectiveness.
• Recommend risk mitigation measures for transactions exceeding risk appetite.
• Conduct periodic risk reviews and ad-hoc assessments of subsidiaries and credit controls.
• Monitor developments in energy trading markets and regulatory considerations affecting credit decisions.
• Collaborate with Trading, Finance, Operations, Legal and Compliance teams on credit risk matters.
• Support assessment, reporting and management of significant risk events.

Skills

Credit risk management

Counterparty assessment

Credit exposure management

Risk mitigation strategies

Stakeholder management

English and Mandarin

Education

Bachelor's Degree in Finance, Economics, Business, or related quantitative discipline

Job description

Our client, an established international energy and commodities trading group, is seeking a Credit Risk Manager to strengthen its credit risk management framework and oversee counterparty credit exposure across its trading operations.

This role will be responsible for evaluating trading counterparties, managing credit limits and insurance coverage, monitoring credit exposures, and recommending appropriate risk mitigation strategies. The successful candidate will also work closely with regional subsidiaries and cross-functional stakeholders to ensure effective implementation of credit risk policies and controls.

Key Responsibilities

• Assess the creditworthiness of trading counterparties and recommend appropriate credit ratings, terms, limits and risk mitigation measures.
• Monitor and manage counterparty credit exposures, credit limits and insurance coverage to ensure alignment with approved risk frameworks.
• Conduct ongoing credit surveillance, identify potential risk developments and escalate significant exposures or overdue balances to senior management.
• Develop and enhance credit risk management policies, procedures and analytical frameworks across the Group and its subsidiaries.
• Evaluate counterparty guarantees and security arrangements, including monitoring their adequacy and ongoing effectiveness.
• Recommend appropriate risk mitigation measures for transactions exceeding established risk appetite.
• Conduct periodic risk reviews and ad-hoc assessments of subsidiaries, providing guidance on credit control processes and practices.
• Monitor developments in the energy trading market and assess relevant legal, regulatory and compliance considerations affecting credit decisions.
• Collaborate closely with Trading, Finance, Operations, Legal and Compliance teams, as well as external stakeholders, on credit risk matters.
• Support the assessment, reporting and management of significant risk events.

Requirements

• Bachelor's Degree in Finance, Economics, Business, or a related quantitative discipline.
• Minimum 5 years of relevant experience in credit risk management within oil and energy commodities trading, or a closely related industry.
• Strong understanding of counterparty credit assessment, credit approval processes, credit exposure management and risk mitigation strategies.
• Familiarity with commodity trading markets, credit insurance, bank facilities and counterparty guarantees will be advantageous.
• Strong analytical, quantitative and decision-making capabilities, with the ability to assess and manage complex credit exposures.
• Good understanding of regulatory compliance and broader risk management considerations within a trading environment.
• Excellent communication and stakeholder management skills, with the ability to work effectively across regional teams and multiple functions.
• Proficient in both English and Mandarin (written and spoken) to facilitate communication with regional and overseas stakeholders.
• Meticulous, organised and responsible, with the ability to manage multiple priorities in a fast-paced environment.