Senior Credit Risk Manager

THE EDGE PARTNERSHIP HOLDINGS PTE. LTD.; Singapore; Hybrid; SGD 180,000 - 240,000; Full time

Job summary

The Edge Partnership Holdings Pte. Ltd. in Singapore seeks a Senior Credit Risk Manager to lead our credit risk function within a hybrid work arrangement. You will oversee risk, rating, limits and mitigations for counterparties, collaborating with Front Office and Legal on terms and credit supports.

You will manage a team of analysts, guide model development for exposure, and monitor market developments to mitigate risk across the APAC region.

Qualifications

• Bachelor's degree required in Finance, Business, Accounting or Engineering or equivalent.
• 8+ years in senior credit analyst/manager roles in commodities trading or financial institutions.
• Experience with energy products (Coal, LNG, LNG/Drybulk Freight) is essential; gas/power exposure is a plus.
• Proven leadership of Credit Risk teams and experience with credit risk documentation and negotiations with Legal.

Responsibilities

• Lead credit risk requests, primarily from Singapore offices, overseeing risk, rating, limit and mitigation assessments for new/existing counterparties.
• Review and approve limits and counterparty proposals under delegated authority; escalate as needed.
• Manage Credit Analysts in Singapore and provide guidance and oversight to the team.
• Maintain relationships with Front Office to align commercial credit risk interests.
• Support modelling of potential credit exposure by Credit Quantitative Analysts.
• Collaborate with Legal on credit terms and covenants (MSPA, ISDA, CSA) and credit supports.
• Monitor market trends affecting credit standing and advise actions to mitigate risks.
• Oversee computation/reporting of credit risk indicators to senior management and shareholders.
• Provide leadership to create a high-performing Credit Risk team within the wider trading function.
• Contribute to platform improvements, policies, risk frameworks and IT tools.

Skills

Leadership experience

Credit risk management

Team management

Negotiation with Legal

KYC AML understanding

Analytical problem solving

Education

Bachelor's degree in Finance / Business / Accounting / Engineer

Job description

Location: Singapore, Downtown Work Arrangement: Hybrid

Our client, a well- established commodities trading firm with a strong presence in Asia is looking to expand their business within the Asia Pacific region. The firm is looking for a Senior Credit Risk Manager to join them.

Job Responsibilities

• You will lead credit risk related requests, primarily originating from Singapore offices, overseeing risks ,rating, limit and mitigation assessments for new and existing counterparties,to ensure that credit risk assessments are complete, relevant and insightful. Direct involvement in review process and write-ups will be required too.
• Review and approve limits and counterparties proposals under delegated authority, or escalating appropriatelyin accordance with internal risk mandate.
• Leading the group of Credit Analysts based in Singapore and as appropriate, providing guidance and oversight for all Credit Risk team members.
• Managing relationship with Front Office (Originators & Traders) ensuring commercial and credit risk interests are understood and reconciled.
• Understanding and supporting the modelling of potential credit exposure of new and existing transactions by Credit Quantitative Analysts.
• Working with the Legal team in thenegotiation of credit terms and covenants in commodity trading and service agreement (MSPA, ISDA, CSA, etc.) as well as credit supports (letters ofcredit, parent company guarantee, insurances, etc.) directly with counterparties,credit support providers, in collaboration with and support of the company’sLegal and the Commercial Origination teams.
• Identifying and monitoring market trends and emerging events that could potentially impact the credit standing ofentities within the counterparty portfolio and/or credit exposures and identify actions to mitigate risks.
• Overseeing and supporting the computation and reporting of key credit risk indicators (credit reserves,credit risk capital, etc.) to various VP, Risk and Senior Management and Shareholders on a periodic or ad hoc basis, as required.
• Providing leadership to the Credit Risk team, to provide a collaborative, cohesive and high-performing work environment for the Credit Risk team, within the context of the company’s Supporting Functions and broader commercial trading activities.
• Leading and contributing to the certain platform improvement initiatives, ranging from new policies,qualitative and quantitative credit risk frameworks and IT tools.

Skills/Qualifications

• Possess a bachelor’s degree in Finance, Business, Accounting or Engineer etc.
• At least 8 years of experience in a senior credit analyst/manager/senior manager position gained within a commodities trading environment or financial institution;
• Professional experience in at least one energy products, specifically Coal, LNG and/or LNG/Drybulk Freight,is a requirement, and exposure to Gas and Power will be a bonus
• Experience in leading teams or managing junior resources and overseeing complex transformation projects;
• Have hands-on experience in negotiating credit risk management structures and contractual terms (supported by the Legal team) and in crafting relevant, insightful, and concise credit documentations will be a strong advantage;
• Understanding of KYC and AML processes and requirements and the inter-dependencies with the Credit Processes is essential
• Problem-solving attitude and ability to think critically to manage real-world risks and challenges in complex situations
• Ability to bring leadership to the role, managing various internal and external constraints, while remaining tactful;
• Able to work within strict and tight deadlines and within policies;