Credit Risk Manager - Commodities Trading Firm

Grey Tree; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Grey Tree, in partnership with a leading global commodities trading house, hires a Credit Risk Manager in Singapore to own counterparty risk for the physical metals business. You will be the credit partner to the trading desks, deciding exposure, terms, and how to protect the portfolio with practical mitigants.

This is a hands-on role with real ownership of the portfolio, including interaction with brokers, underwriters, and senior traders.

Qualifications

• 5–8 years of credit risk experience in commodities trading, metals/mining, or a financial institution with commodity flow exposure.
• Strong financial analysis skills and sound knowledge of credit risk and control principles.
• Able to propose practical mitigants while supporting commercial goals.

Responsibilities

• Own credit risk for a portfolio of physical trading counterparties, from onboarding and KYC through to ongoing review.
• Assess counterparties, assigning internal ratings and setting limits.
• Visit counterparties and their sites to build an on-ground view of the business.
• Place and manage credit insurance cover, including negotiating with brokers and underwriters.
• Build relationships with key counterparties, banks and other financial institutions.
• Tracking market and industry events that could affect counterparty health.
• Advising traders day to day, proposing ways to make deals work within acceptable risk.
• Monitoring exposures and daily reporting, escalating limit breaches and managing margining.
• Working within the group's credit policy alongside a global credit team, and contributing to wider credit projects.

Skills

Credit risk

Financial analysis

Negotiation

Communication

Decision making

Prioritization

Mitigation

Job description

We are partnering with a leading global commodities trading house to hire a Credit Risk Manager to own the counterparty risk of its physical metals business, based in Singapore. You will be the credit partner to the trading desks, deciding how much exposure the business can take on, on what terms, and how to protect it. This is a hands‑on seat with real ownership of a portfolio and a voice in how deals get structured.

What You'll Be Doing

• Owning credit risk for a portfolio of physical trading counterparties, from onboarding and KYC through to ongoing review
• Assessing counterparties, assigning internal ratings and setting limits
• Visiting counterparties and their sites to build an on‑the‑ground view of the business
• Placing and managing credit insurance cover, including negotiating with brokers and underwriters
• Building relationships with key counterparties, banks and other financial institutions
• Tracking market and industry events that could affect counterparty health
• Advising traders day to day, proposing ways to make deals work within acceptable risk
• Monitoring exposures and daily reporting, escalating limit breaches and managing margining
• Working within the group's credit policy alongside a global credit team, and contributing to wider credit projects

What We're Looking For

• 5 to 8 years of credit risk experience in commodities trading, metals and mining, or a financial institution with exposure to commodity trade flows
• Strong financial analysis skills and sound knowledge of credit risk and control principles
• Ability to recommend practical mitigants while supporting commercial goals
• Confident communicator and negotiator, comfortable with traders, senior management and external counterparties
• Independent, decisive and able to juggle competing priorities under tight deadlines

Good to have

• Familiarity with physical commodity flows in China or African mining
• Experience assessing structured or longer-dated transactions